Australia's Pentanet eyes best session on extension agreement with Nvidia

Pentanet

15/03/2024 24:18

** Shares of Pentanet Ltd  5GG.AX  surge as much as 120%,
set for their best day, if trend holds
    ** The wireless telecommunications services says it extended
GeForce NOW alliance agreement with Nvidia  NVDA.O  for cloud
gaming in Australia & New Zealand
    ** Says agreement now formally recognises New Zealand as a
serviceable territory for co and allows it to continue being the
exclusive distributor of GeForce NOW in Australia
      ** About 44 mln shares change hands, compared with the
30-day average volume of 205,000
    ** Stock down 19.4% YTD, as of last close
 

 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))