Australia's X2M Connect soars on securing tenders in South Korea

X2M Connect

31/03/2022 04:39

** Shares of X2M Connect  X2M.AX  surge as much as 43.33% to
A$0.215, on track for their biggest intraday pct gain since Nov
2021 
    ** Says it has secured another two tender wins in South
Korea, with combined value of about A$0.85 mln ($636,820.00)
 urn:newsml:reuters.com:*:nASX3z5zWx
    ** Stock hits highest since Nov. 22 and on track for second
straight session of gains 
    ** About 1.2 mln shares change hands vs. 30-day avg of
52,667 shares 
    ** Stock down ~18.9% this year, as of last close 


($1 = 1.3348 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))