BUZZ-Australia's archTIS jumps on bagging $2.2 million contract

Iperionx Ltd. Sponsored ADR

Iperionx Ltd. Sponsored ADR

IPX

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** Shares of archTISs AR9.AX jump as much as 29% to A$0.089, their highest level since June 18

** On track to log its steepest intraday pct rise since June 2

** The data-centric software solution provider receives a A$3.2 million ($2.20 million) contract from the Australian Department of Defence

** Contract under its existing ICT Provider Arrangement Deed of Standing Offer with Defence for Kojensi Enterprise

** Down ~33% YTD, including the session's moves

($1 = 1.4522 Australian dollars)