USD$22m order. Market likes it a lot (share price up 40%)

From ASX announcements:

Product Purchase Orders from i-charging 

Rectifier Technologies Limited (Company) are pleased to announce that the Company has received product purchase orders from i-charging mobilidade elétrica SA (i-charging) totalling 22 million USD for the supply of a customized version of the RT22 charger module for their blueberry range of DC Fast Chargers. The orders are expected to be fulfilled before the end of 2023 (calendar year). This marks the start of what both our companies regard as a long-term partnership. This is in alignment with the Company’s strategy to grow its global market share as a supplier of power modules of fast chargers in e-Mobility. 

Full announcement on 16/11/22:

https://www2.asx.com.au/markets/company/rft

Disc: held

Tritium purchase of US$20m (attached).

Source: https://www2.asx.com.au/markets/company/rft

Nice share price spike today.

Disc: Held.