Australia's Titomic rises on cold spray system order

Titomic

10/08/2023 03:36

** Shares of cold-spray additive manufacture Titomic
 TTT.AX  rise as much as 11.8% to A$0.019, their highest level
since July 18
    ** Stock posts its biggest intraday pct gain since July 28 
    ** Co says it received an order for high-pressure cold-spray
system to be supplied to Sabanci University in Turkey
    ** The system has been sold for A$2.4 mln ($1.57 mln) for
the research and development needs of the university - co
    ** TTT stock down 76.3% YTD, as of last close

($1 = 1.5307 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))