Australia's Tesserent hits two-week high on upbeat forecast

Tesserent

22/06/2021 01:42

** Tesserent Ltd  TNT.AX  rises as much as 12.2% to A$0.230,
hitting its highest since June 8
    ** The cyber-security services provider says it will
comfortably exceed its prior ambition of annualised turnover run
rate of A$150 mln ($112.94 mln), based on turnover for the month
of June annualised  urn:newsml:reuters.com:*:nFWN2O30VL
    ** TNT says now expected that the annualised turnover based
on June will be about A$180 mln
    ** Stock posts its biggest intraday percentage gain since
June 8
    ** More than 4.5 mln shares change hands, compared with the
30-day average volume of about 2.9 mln
    ** Stock down 38.8% this year, as of last close


($1 = 1.3282 Australian dollars)

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