Sharrow and VEEM Reach Milestone in Performance Testing Results for Inboard Vessel Applications [Yahoo! Finance]
ASX LTD UNSP/ADR (ASXFY)
NASDAQ:AMEX Investor Relations:
asx.com.au/about/investor-relations.htm
Company Research
Source: Yahoo! Finance
DETROIT, April 29, 2024 BUSINESS WIRE )--Sharrow Marine, a subsidiary of Sharrow Engineering LLC, the industry leader in innovative marine propulsion technology, announced today a significant advancement in its partnership agreement with Australia-based VEEM Ltd (ASX: VEE), a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems. After months of collaborative design work and testing of SHARROW by VEEM prototype designs on VEEM's 64' Viking test vessel, the companies confirmed that the key benefits of the Sharrow Propeller over conventional propellers can be replicated for inboard vessel applications. Sharrow and VEEM have verified that the results of the rigorous testing, specifically — improved fuel efficiency, a significant reduction in vibration and noise, improved handling, and excellent reverse thrust — meet the contractual criteria for progression to the next phase in their partnership. Both parties are now committed to, and wo
Show less
Read more
Impact Snapshot
Event Time:
ASXFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASXFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASXFY alerts
High impacting ASX LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ASXFY
News
- Besra Gold Inc. Announces: Response to the ASX Aware Letter [Yahoo! Finance]Yahoo! Finance
- OKX launches crypto trading in Australia [Yahoo! Finance]Yahoo! Finance
- Lithium Miner Debuts as Ghana's First Listing in Two Years [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Life360 announces S-3 Filing [Yahoo! Finance]Yahoo! Finance
- Sezzle Reports First-Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance