Australia's RocketBoots hits near 1-month high on contract extension

RocketBoots

06/07/2022 03:13

** Shares of software developer RocketBoots  ROC.AX  rise as
much as 9.5% to A$0.115, their highest since June 9
    ** Says Suncorp Metway Ltd will extend its subscription for
ROC's Beehive software, a computer vision-based machine learning
application, till 2025
    ** Contract extension for an incremental value of about
A$275,000  ($187,385.00)
    ** Stock down ~38.2% this year, as of last close 
    



($1 = 1.4676 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))