Australia's Synertec Corp soars on securing contracts from Santos

Santos

14/07/2026 06:47

** Shares of Synertec Corp SOP.AX soar as much as 30.6% to A$0.047, their highest since March 24, 2025
** Stock set for the best session since May 5
** Technology design and development company secures contracts from Santos STO.AX for two more Powerhouse systems, issued under their master service agreement
** All six Santos systems, including the new two units, are contracted through a long-term build, own, operate and maintain commercial model
** About 4.9 million shares change hands, 5.4 times the 30-day avg
** SOP up 115% YTD, including the session's moves
     

 (Reporting by Anjali Singh in Bengaluru)
 ((anjali.singh2@thomsonreuters.com;))