Australia's Rectifier Technologies hits nearly 3-mth high on purchase orders from Tritium

Rectifier Technologies

01/10/2018 02:53

** Shares of Rectifier Technologies  RFT.AX  rise as much as
27.6 pct to A$0.037, their highest level since July 6.
    ** The Power rectifier maker receives additional $3.4-mln
product purchase orders from Tritium Pty Ltd for certain modular
power supply units  urn:newsml:reuters.com:*:nASX8zf8b4
    ** Co says orders are scheduled to be delivered by March
2019 
    ** Stock posts biggest intraday pct gain since June 14
    ** Over 3.9 mln shares change hands, compared with 30-day
average of 551,467 shares
    ** Stock down 26.1 pct this year as of last close

 ((Reuters Messaging:
Devika.Syamnath.thomsonreuters.com@reuters.net))