Australia's Visionflex rises as co wins contract from BHP

Visionflex

20/05/2025 05:19

** Shares of Visionflex Group VFX.AX rise 25% to A$0.0025, set for their strongest trading session since late April, if gains hold

** Stock hits its highest level since May 5

** The health technology firm says mining conglomerate BHP BHP.AX has purchased co's comprehensive virtual care solution for healthcare delivery for BHP's workforce at its remote locations in Western Australia

** Says total contract value for the first year is A$0.4 million ($257,680.00)

** Around 6 million shares change hands vs 30-day avg volume of 4.8 million shares

** Stock down 16.7% YTD, including current session's moves

($1 = 1.5523 Australian dollars)

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))