Asia / Pacific
Australia’s HighCom Gains on $3 Mln Ballistics Order
HighCom HCL shares rise by 25.8% to A$1.195, their biggest intraday PPT gain since Aug 12.
• Received new order of ballistic products for an international customer worth A$4.8 Mln ($3.05 Mln).
• Expected revenue at end of H1 FY25 between A$23 Mln and A$25 Mln.
• Stock at highest level since Nov 1, down 52.6% YTD.
