BUZZ-Australia's Intelicare soars on raising funds to accelerate ops

Reuters09-15
BUZZ-Australia's Intelicare soars on raising funds to accelerate ops

** Intelicare ICR.AX soars 23.5% to A$0.021, highest since August 26, 2024

** Stock marks biggest intraday pct gain since July 9

** Tech firm specialising in aged care and health industries raises A$2 mln ($1.3 mln) to accelerate deployments for its AI-driven InteliCare platform for potential new customers in pipeline, working capital

** About 3.5 mln shares traded, 7.8x the 30-day average; stock sees busiest session since July 11

** YTD, ICR surges more than 150%

($1 = A$1.5026)

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

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