Australia's SciDev eyes best day in nearly 3 years on contract wins

Scidev

30/06/2025 04:46

** SciDev SDV.AX soars as much as 26.6% to A$0.38; marks biggest intraday pct jump since July 2022

** Stock hits highest since May 13

** Environmental solutions firm SDV secures three new contracts, renews an existing one

** Says contracts bring aggregate A$21.5 mln (~$14 mln)

** Contracts include A$10 mln order to supply to an exploration co in the Permian Basin, renewal of A$6 mln deal with Aussie resource company

** SDV last up 23.3%, trimming YTD losses to 37.07%

($1 = A$1.5298)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))