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This ASX tech company just surged past the $10 billion valuation mark after a profit upgrade

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Codan Ltd's value has surged past $10 billion, up more than 15% just today, after the company announced a large profit upgrade just three months into the new financial year.

The report’s most important sentence, shortened and in plain words. How

Codan Ltd 's value has surged past $10 billion, up more than 15% just today.

Headline check

Headline as published: This ASX tech company just surged past the $10 billion valuation mark after a major profit upgrade

All two things this headline claims are in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. How this is checked

This is a summary. The indicators are not. Every score on this page was measured over the full 438-word report, which is the only way the numbers mean anything.

How this outlet filed it, and how we rewrote it

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Outlet Niral Score
The Motley Fool Australiaas they published this story 15.6

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