Australia's RAS Technology eyes best day in 6 weeks on new contract

RAS Technology Holdings

12/10/2022 02:45

** Shares of racing solutions provider RAS Technology
Holdings  RTH.AX  rise as much as 12.2% to A$0.6
    ** Stock to mark best session since Aug. 31 if gains hold
    ** RTH says signed 2-year contract with betting and
entertainment co Picklebet
    ** Contract to provide risk managed trading service and
customer-facing content to power Picklebet's racing product
    ** RTH shares hit their highest level since Sept. 28
    ** Stock down ~66% this year, as of last close
 (Reporting by Anan Ashraf in Bengaluru)
 ((Anan.Ashraf@thomsonreuters.com;))