BUZZ-Australia's XTEK up on $1 mln ballistic armour order
Reuters
Oct 18, 2023
** Shares of ballistics and technology firm XTEK Ltd
rise as much as 4.2% to A$0.495
** Says its HighCom Armour Solutions Inc business has received a follow-on order to supply high-end ballistic body armour products worth A$1.6 mln ($1.02 mln)
** Says shipment will be delivered over coming weeks
** Stock down ~22.1% YTD, as of last close
($1 = 1.5681 Australian dollars)
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.