Australia's Senetas climbs to over 11-year high after receiving order from Thales

Senetas

02/05/2024 06:55

** Shares of Senetas Corp  SEN.AX  rise as much as 75% to
A$0.021, their biggest intraday pct gain since Feb 4, 2013 
    ** Stock posts its highest level since March 28
    ** The data encryption hardware co received order for its
high-speed ethernet encryptors, through its distributor, Thales
    ** Says order is expected to add between A$2.5 mln ($1.63
mln) and A$3 mln in co's FY24 revenue 
    ** Says order is expected to add between A$2 and A$2.3 mln
in co's FY24 profit before tax
    ** About 6.5 shares change hands, compared with the 30-day
average volume of 646,138 shares
    ** Stock up 17.7% this year, as of last close

    ($1 = 1.5298 Australian dollars)

 (Reporting by Megha Rani in Bengaluru)
 ((Megha.Rani2@thomsonreuters.com;))