Business
Why the PPK Group (ASX:PPK) share price just hit an all-time high?
The PPK Group Limited (ASX: PPK) share price is climbing high today. As of writing, shares in the technology and mining equipment company are trading for $8.47 – up 15.55%. By comparison, the S&P/ASX 200 Index (ASX: XJO) is down 0.95%.
Today’s massive price rise comes as the company made a major breakthrough in an exciting new technology.
Let’s take a closer look at today’s news.
PPK Group share price rockets
In a statement to the ASX, PPK Group advised it has had a positive development surrounding the “equipment design and production methods” of its “high purity” Boron Nitride Nanotubes (BNNT). The company says the result means it has been able to greatly expand its BNNT production capacity.
According to Deakin…
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