Australia's Vection Tech climbs as annual contract value surges

Vection Technologies

12/04/2022 01:53

** Shares of software developer Vection Technologies
 VR1.AX  rise as much as 12.6% to A$0.098, marking their best
session since March 18 
    ** Co says for the year, its total contract value increased
by 30% to A$14 mln ($10.38 mln)    urn:newsml:reuters.com:*:nASX5d0s4C
    ** About 5.5 mln share change hands, compared with 30-day
average of 2.4 mln shares 
    ** Stock down ~35.6% this year, as of last close 

    ($1 = 1.3493 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))