Australia's Pentanet rises most in 1-1/2 years on strong full-year results
03/08/2026 01:32
BUZZ-Australia's Pentanet rises most in 1-1/2 years on strong full-year results ** Shares of Australia's Pentanet 5GG.AX rise as much as 93.3% to A$0.029, their biggest intraday pct gain since January 22, 2025
** Stock hits its highest level since February 27, 2026
** The digital infrastructure firm reports FY26 revenue of A$24.4 million ($17.18 million), 8% higher than same period last year
** Company says its group EBITDA up 74% to A$2.4 million
** Stock 30% this year, including the day's move
($1 = 1.4203 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)
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