Australia's Strategic Elements climbs as memory technology product shows promise

Strategic Elements

30/12/2020 24:00

** Strategic Elements Ltd  SOR.AX  rises as much as 39.4%
to A$0.230, hitting its highest since Oct. 5, 2015
    ** The development fund says testing has confirmed that co's
printable Nanocube Memory technology has potential as printable
brain-inspired computing hardware  urn:newsml:reuters.com:*:nASX3TTH7Z
    ** SOR says the Nanocube Memory structure and operation
allows it to combine computing and memory in one place in a way
similar to how the brain works, which is promising for the
memory technology sector
    ** Stock posts its biggest intraday percentage gain since
Oct. 27
    ** More than 20.3 mln shares change hands, compared with the
30-day average volume of about 4.8 mln
    ** Stock up 96.4% this year, as of last close

 (Reporting by Rashmi Ashok in Bengaluru)
 ((Rashmi.Ashok@thomsonreuters.com; +918061822604;))