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XRG — Xreality News Story

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Consumer CyclicalsSpeculativeMicro Cap

Australia's xReality Group soars on contract win

** Shares of xReality Group  XRG.AX  soar as much as 81.1%
to A$0.067, set for their best day since mid March, 2021 - if
gains hold; stock currently up 67.6% as of 0035 GMT 
    ** The virtual reality co says a A$5.6 million ($3.72
million) contract has been awarded for U.S. Department of
Defense project 
    ** Stock hits highest since early Dec 2022
    ** Including day's moves, stock has risen ~72.7% YTD
    
($1 = 1.5040 Australian dollars)

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com))

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