Australia's Vitura Health tumbles on loss of software license

Vitura Health

27/12/2023 02:17

** Shares of Vitura Health  VIT.AX  fall as much as 12.5% to
A$0.245, their lowest since July 25, 2022
    ** Stock posts its biggest intraday percentage fall since
Aug. 23
    ** Healthcare software co says Australia's Code4 Cannabis
will not extend its services agreement with VIT beyond the
current expiry date
    ** Says under the agreement, VIT is the exclusive licensee
of software used as part of its medicine sales platform, CanView
    ** About 363,405 VIT shares change hands, compared with the
30-day average volume of 313,026
    ** VIT down 52.1% YTD, based on last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))