Australia's Lumos Diagnostics jumps on feasibility study contract

Lumos Diagnostics Holdings

27/07/2023 04:39

** Shares of Lumos Diagnostics Holdings Ltd  LDX.AX  jump as
much as 11.9% to A$0.075, set for best day since July 18
    ** Diagnostic test company says signed a commercial contract
to undertake an initial feasibility project with the Burnet
Diagnostics Initiative
    ** Initial feasibility stage of the project is worth up to
$200,000 in revenue for Lumos and is expected to complete within
approximately four months
    ** Stock up 39.6% this year, as of last close


 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))