Business
Why the De.mem (ASX:DEM) share price is climbing higher today
The De.mem Limited (ASX: DEM) share price is climbing higher today. This comes after the water and waste water treatment company announced that it had been awarded a milestone contract.
During early afternoon trade, the De.mem share price has climbed 1.56% higher to 32 cents.
What did De.mem announce and what does this mean for their share price?
The De.mem share price is on the rise after reporting another contract award in the power generation market.
According to its release, the company advised it has received a purchase order from energy giant, AGL Energy Ltd (ASX: AGL). AGL is one of Australia’s largest energy providers and is an integrated company that focuses producing renewable energy.
In addition, AGL retails…
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