Australia's RAS Technology gains on six-year deal with Tabcorp

Tabcorp Holdings

24/05/2023 02:18

** Shares of RAS Technology Holdings  RTH.AX  rise as much
as 10.4% to A$0.53, their highest since March 22
    ** The racing solutions provider says six-year contract
signed with Tabcorp  TAH.AX  to supply data and content across
TAH's app and web platforms
    ** Says potential contract value in excess of A$10 mln 
($6.78 mln) over contract period
    ** Stock set for best day since May 11, 2022, if gains hold
    ** RAS stock up 4.4% YTD, as of last close 
 
    
    ($1 = 1.4743 Australian dollars)



 (Reporting by Ayushman Ojha in Bengaluru)
 ((Ayushman.ojha@thomsonreuters.com;))