Australia's Pointerra rises most in nearly 8 months on winning contracts

Pointerra

14/12/2021 24:28

** Shares of data solutions provider Pointerra Ltd  3DP.AX 
rise as much as 29% to A$0.445, set for their best day since
April 22
    ** Co says it has been awarded a project with a contract sum
of between $2.37 mln and $4.0 mln by U.S.-based energy utility
co Entergy Corp  ETR.N   urn:newsml:reuters.com:*:nASX10QgY0
    ** Says it has also been awarded contracts by Pacific Gas &
Electric  PCG.N  and Gulf Power, a unit of NextEra Energy
 NEE.N , of $0.7 mln and $0.05 mln, respectively
    ** Shares hit their highest since Oct. 27
    ** Volumes are 1.8 times the 30-day average of 726,946
shares
    ** As of last close, stock down 32.4% this year

 (Reporting by Himanshi Akhand in Bengaluru)
 ((Himanshi.Akhand@thomsonreuters.com;))