Australia's Range International hits over 1-year high on new order

Range International

27/10/2020 02:16

** Shares of plastic pallet maker Range International Ltd
 RAN.AX  surge as much as 64.7% to A$0.028, their highest since
Aug. 19, 2019
    ** Co says Nestle Philippines has made a new order of 6,000
of co's 100% recycled plastic pallets to its various
factories urn:newsml:reuters.com:*:nASX1dT1wP
    ** Co says total order value is worth $172,920 which will be
completely delivered by January 2021
    ** Stock posts its biggest intraday percentage gain since
Oct. 2
    ** About 28.7 mln shares change hands, compared with the
30-day average volume of 4.4 mln shares
    ** Stock is down 22.7% this year, as of last close
    
    

 (Reporting by Nikhil Subba in Bengaluru)
 ((Nikhil.Subba.thomsonreuters.com@reuters.net))