ASX-listed Roots Sustainable Agricultural rises on Canadian market entry

Water Ways Technologies

09/12/2019 03:25

** Shares of Israel-based Roots Sustainable Agricultural
Technologies Ltd  ROO.AX  rise as much as 21.4% to A$0.034, mark
biggest intraday percentage gain since Oct 24
    ** Co says it entered Canadian Ag-Tech market through
partnering with Toronto-listed, Israel-based agriculture
technology co Water Ways Technologies Inc  WWT.V   urn:newsml:reuters.com:*:nFWN28G0L1
    ** Water Ways to import and sell Roots' patented Root Zone
Temperature Optimization (RZTO) technology in Canada
    ** Stock hits highest since Dec 3
    ** About 1.4 mln shares change hands, versus 30-day average
of about 1.3 mln shares
    ** Stock down 72% this year, as of last close
       

 ((aditya.srivastsav@thomsonreuters.com))