Australia's K2fly jumps most in over 2 months on order wins

K2FLY

28/09/2022 05:18

** Shares of software services provider K2fly Ltd  K2F.AX 
jump as much as 14.3% to A$0.200, biggest intraday pct gain
since July 21
    ** Firm receives contracts worth A$1.2 million ($767,640.00)
to offer software services to Fortescue Metals Group Ltd
 FMG.AX   urn:newsml:reuters.com:*:nFWN30Y11A
    ** Says services to be provided and billed on a time and
material basis over six months 
    ** Shares touch their highest since Sept 13 
    ** Stock has fallen 42.6% this year, as of last close
($1 = 1.5632 Australian dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))