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Ultracharge a Leading % Faller following profit taking after Epsilor agreement

Ultracharge shares are down following profit taking after a recent spike
Ultracharge a Leading % Faller following profit taking after Epsilor agreement
The Leading % Fallers in morning trade

UltraCharge Ltd's (ASX:UTR) shares have fallen 15.4% to $0.033 in morning trade on heavy volume of 1.9 mln shares.

The pull back in the share price comes on profit taking.

Recently UltraCharge received a positive re-rating after it entered into an exclusive licence agreement with Epsilor Electric Fuel Limited, a subsidiary of Arotech Corporation’s (NYSE:ARTX) power sources division.

As part of the agreement UltraCharge will have the opportunity to expand its intellectual property portfolio with the option to purchase 100% of all rights and title in Epsilor’s intellectual property.

UltraCharge will evaluate and conduct due diligence.

Company Name Code Last Change Volume
Bass Oil Ltd BAS $0.00 -50% 1,250,000
Admiralty Resources Ltd ADY $0.01 -22.22% 150,000
Latin Resources Ltd LRS $0.00 -20% 1,597,000
333D Ltd T3D $0.01 -18.18% 56,000
Andromeda Metals Ltd ADN $0.01 -16.67% 85,000
Pacific American Coal Ltd PAK $0.04 -15.91% 779,108
Sacgasco Ltd SGC $0.08 -15.73% 171,098
Ultracharge Ltd UTR $0.03 -15.39% 1,778,692
Victory Mines Ltd VIC $0.01 -14.29% 1,135,762
iCandy Interactive Ltd ICI $0.08 -12.22% 5,000


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