Australia's Remsense Technologies hits over 1-month high on securing contract

RemSense Technologies

20/12/2022 01:26

** Shares of Remsense Technologies Ltd  REM.AX  rise as much
as 10% to A$0.165, their highest level since Nov 11
    **  Technology developer receives contract from Fluid In
Motion on behalf of Perth based IAS Group 
    ** Says contract has a total value A$206,000 ($137,834.60) 
    ** Shares of co are down 68.8% YTD as of last close 
($1 = 1.4945 Australian dollars)
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))