Australia's Zoom2u Technologies rises on Bunnings Group deal

Locate Technologies

08/06/2022 02:28

** Shares of Zoom2u Technologies  Z2U.AX  climb as much as
17.1% to A$0.240, on track for best day since Feb 23, if gains
hold
    ** Co enters https://www.asx.com.au/asxpdf/20220608/pdf/459r5n0kgs9zbv.pdf
 an agreement with Bunnings Group Ltd for the use of Zoom2u
platform
    ** The Zoom2u platform provides delivery to customers with
data such as a live-tracking link
    ** Stock hits highest level since May 27
    ** Nearly 200,000 shares change hands, compared with the
30-day average of about 68,000 shares 
    ** As of last close, Z2U down ~48.8% this year
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))