Business
Why the Strategic Elements (ASX:SOR) share price rocketed 9% higher today
The Strategic Elements Ltd (ASX: SOR) share price rocketed today, closing the day 9% higher at 18 cents per share. This comes following the company’s announcement of a successful scale up of its self-charging battery technology.
Today’s gains see Strategic Element’s share price up 125% year-to-date, and up 500% from the post-COVID sell-off lows on 24 March.
By comparison the All Ordinaries Index (ASX: XAO) is up 0.2% for the year, and up 43% since 24 March.
What does Strategic Elements do?
Strategic Elements is involved in numerous innovative projects, including the self-charging battery technology that led to today’s share price leap. The company operates as a venture builder, generating projects by combining teams of…
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