Sprintex sees biggest gain in over 5 years on hydrogen cell compressor UK deal

Sprintex

14/09/2021 02:44

** Shares of Sprintex Ltd  SIX.AX  soar as much as 66.67% to
A$0.135 — their sharpest gain since May 2016
    ** Australia-based automobile supercharger maker hit its
highest since March 2018, before paring most its gain to trade
at A$0.098
    ** Co collaborates https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02421201-6A1050179?access_token=83ff96335c2d45a094df02a206a39ff4
 with UK-based turbocharger manufacturer Aeritech Ltd to supply
hydrogen fuel cell compressors in a bid to expand into clean
energy sector and new markets
    ** 1.4 mln shares have changed hands, about 16x their 30-day
avg in their busiest trading day since Apr. 30
    ** Stock had been on a trading halt since Sept. 9
    


 (Reporting by Dhriti Garg in Bengaluru)
 ((Dhriti.Garg@thomsonreuters.com))