Technology

Shares of Icetana (ASX: ICE) surged 22% on Wednesday following the announcement of a AU$1.7 million AI surveillance software contract for Baghdad's Safe City Project. Despite low trading volumes, the stock’s sharp rise signals renewed investor interest in the illiquidity-straddled nanocap tech company.

Richard White, founder and executive chair of WiseTech Global (ASX WTC), has acknowledged that he failed to fully disclose details of his personal relationship to the board. A review conducted by external legal firms found his statements to be inaccurate, incomplete, and misleading.