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Why the WhiteHawk share price leapt 70% higher on Tuesday – Motley Fool Australia
The WhiteHawk share price rose 70% on Tuesday following an announcement by the company that it had secured a contract with the US government.
The WhiteHawk Ltd(ASX: WHK) share price soared 70.21% higher to 16 cents on Tuesday after the company announced that it had secured a United States government contract.
What are the details of the contract?
The contract between WhiteHawk and the US government has an annual base of US$580,000 per year with a contract option for an additional $600,000 in services each year. The contract will run for 5 years with the option for additional services included each year. It is the first time WhiteHaw…
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