Australia's Spark Technologies rises on successful prototype testing

Sparc Technologies

24/11/2023 03:35

** Shares of Spark Technologies  SPN.AX  rise as much as
7.8% to A$0.275, their highest since Aug. 7
    ** Stock posts its biggest intraday pct gain since Nov. 14
    ** Co completes first phase of prototype testing of Hydrogen
photocatalytic water splitting reactor, says all key objectives
of the testing were achieved
    ** The reactor is mainly used to spilt water molecules to
produce hydrogen gas 
    ** Adds another round of prototype testing at CSIRO Energy
Centre is likely during H1 2024
    ** About 53,504 shares change hands, compared with the
30-day average volume of 47,314
    ** Stock has fallen 48.5% this year as of last close

 (Reporting by Sneha Kumar  in Bengaluru)
 ((sneha.kumar@thomsonreuters.com;))