Ras Technology hits over 1-1/2-yr high on deal with UK-based gaming firm

RAS Technology Holdings

04/12/2023 04:15

** Shares of Ras Technology  RTH.AX  rise as much as 14% to
A$0.980, their highest level since Mar. 29, 2022 
    ** Stock posts its biggest intraday pct gain since Aug. 30 
    ** Racing and sports service provider signs three-year deal,
valued least A$800,000 ($532,960.00), with UK-based gaming
platform Playbook Engineering to supply pre-race data and
pricing services
    ** Anticipates first customer to go live on the platform in
mid-January 2024
    ** About 215,183 shares change hands, compared with the
30-day average volume of 8,635 
    ** Stock has risen 87% this year, as of last close


($1 = 1.5011 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)
 ((Sneha.Kumar@thomsonreuters.com;))