Australia's RPMGlobal jumps most in nearly 3 years on upbeat FY23 outlook

RPMGlobal Holdings

11/07/2023 02:34

** Shares of mining software solutions provider RPMGlobal
Holdings  RUL.AX  soar as much as 16% to A$1.605, their biggest
intraday pct gain since Aug 2020 
    ** Co sees its FY23 operating EBITDA at A$15 mln ($10.02
mln) 
    ** Co says FY23 total contracted value derived from software
sales increased 25.4% to A$70.5 mln 
    ** Shares hit their highest level since Feb 16 
    ** More than 395,300 shares change hands, compared with the
30-day average volume of ~410,300 shares  
    ** Stock down 20.9% this year, as of last close, vs a 0.5%
decrease in the benchmark S&P/ASX 200 index  .AXJO  

    ($1 = 1.4963 Australian dollars)

 (Reporting by Roushni Nair in Bengaluru)
 ((Roushni.Nair@thomsonreuters.com;))