Australia's Way2Vat rises to 6-1/2-month high on contract with Jones Lang LaSalle

Jones Lang LaSalle Incorporated

26/05/2025 01:57

** Shares of Way2Vat W2V.AX rise as much as 71.4% to A$0.012, their highest levels since November 15, 2024

** Stock set for its strongest session since February 20, 2024 - if current trends hold

** The fintech co signs a contract with Jones Lang LaSalle JLL.N

** Says contract to cover value added tax (VAT) recovery and accounts payable (AP) invoices and will utilise co's APAI Compliance platform, an AI-driven auditing platform

** About 3.7 mln shares change hands, 2.8x the 30-day average of 1.3 mln shares

** Stock up 11% YTD, including current session's moves

 (Reporting by Manasi Dasa in Bengaluru)

 ((Manasi.DasaSundeep@thomsonreuters.com;))