Australia's Synertec Corp soars on securing contracts from Santos
BUZZ-Australia's Synertec Corp soars on securing contracts from Santos ** Shares of Synertec Corp SOP.AX soar as much as 30.6% to A$0.047, their highest since March 24, 2025
** Stock set for the best session since May 5
** Technology design and development company secures contracts from Santos STO.AX for two more Powerhouse systems, issued under their master service agreement
** All six Santos systems, including the new two units, are contracted through a long-term build, own, operate and maintain commercial model
** About 4.9 million shares change hands, 5.4 times the 30-day avg
** SOP up 115% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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