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PKD — Parkd News Story

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IndustrialsHighly SpeculativeMicro CapMomentum Trap

Australia's Parkd hits over a month's high on $1 mln contract

** Shares of Parkd Ltd  PKD.AX  jump as much as 24.5% to
A$0.061, their highest since Aug. 3
    ** Modular car-park system developer wins https://www.asx.com.au/asxpdf/20210924/pdf/450vd8bfxjghnc.pdf
 A$1.5 mln ($1.09 mln) construction contract for John Hughes
Group in Victoria Park, Western Australia
    ** Co to build 1,900 square metres of mezzanine vehicle
storage within an existing warehouse facility
    ** Stock posts its biggest intraday pct gain since Aug. 5
    ** More than 4.2 mln shares change hands, about 11x their
30-day moving avg - Refinitiv data
    ** PKD's busiest trading day since Aug. 5
    ** Stock up 46.09% this year, as of last close  


($1 = 1.3706 Australian dollars)

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))

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