Australia's Nanoveu climbs to one-month high on JV for 3D technologies

Nanoveu

24/05/2024 03:26

** Shares of Nanoveu  NVU.AX  rise as much as 31.6% to
A$0.025, set for best day since April 16, if gains hold     
    ** Stock hits highest level since April 19    
    ** The nanotechnology co says it signed a JV with Shenzhen
Fullsand Printing & Packaging for the exclusive manufacturing
and marketing of 3D technologies
    ** Establishment of JV to expand sales pipeline for EyeFly3D
- a 3D visualization software - and expand into large format
tablet and mobile phone 3D displays - co
    ** About 648,447 shares change hands, compared with the
30-day average volume of 579,462
    ** NVU stock down 17.4% YTD, as of last close

    

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))