Australia's Nanoveu soars on 3D imaging deal with Singaporean university

Nanoveu

16/04/2024 02:36

** Shares of Nanoveu  NVU.AX  soars as much as 45.8% to
A$0.035, their biggest intraday gain since March 25, 2021
    ** NVU touches its highest level since May 5, 2023
    ** Nanotechnology firm executes first licensing agreement
with Singapore's Nanyang Technology University for AI-supported
2D to 3D image conversion
    ** Adds, NVU now positioned to capture "larger share of
growing mobile 3D content market"
    ** About 3.3 mln shares change hands, vs 30-day average
volume of 388,265 shares
    ** Stock up 12.5% as of 0143 GMT, bringing YTD gains to
17.4% 
    

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))