Australia's Pointerra set for best day since late-July after contract win

Pointerra

08/03/2024 02:20

** Shares of Pointerra  3DP.AX  rise as much as 42.9% to
A$0.070, set to see their day since July 28, 2023, if gains hold
    ** Stock rises for the fifth straight session, and also set
end its third straight week in the positive territory  
    ** The 3D tech solutions co says it has been awarded a
contract from a U.S. energy utility co Florida Power & Light
(FPL) for $1.9 million 
    ** Under contract, co to be paid to analyse lidar and
imagery for FPL's business cases 
    ** Shares hit highest since Oct 31, 2023 
    ** Stock has risen ~11.4% this year