Australia's Pointerra rises on new contracts

Pointerra

09/08/2024 03:51

** Shares of Pointerra  3DP.AX  rise as much as 18.6% to
A$0.070
    ** Stock set to gain most since July 15, if current gains
hold
    ** 3D technology co says it is awarded new contracts by US
energy utility customer Florida Power & Light
    ** Adds, contracts are worth A$1.23 million ($811,923.00)
    ** Stock hits its highest level since Aug. 1 
    ** 2.8 mln shares change hands, compared with the 30-day
average volume of 2.4 mln shares
    ** Stock has gained 4.5% so far this week
    ** Stock is up over 34% this year, as of last close

($1 = 1.5149 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com;))