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Vection Technologies Ltd. ( (AU:VR1) ) has issued an update.
Vection Technologies Ltd has announced the commencement of trading its ordinary shares on the Frankfurt Stock Exchange, aiming to capture European investor interest and expand its operational presence in Europe. This secondary listing allows Vection’s shares to be traded in euros, eliminating currency conversion issues for European investors, and aligns the company’s shareholder base with its growing customer footprint in the EU. The move enhances liquidity and provides nearly 24-hour trading coverage across different time zones, strengthening the company’s market positioning without altering its capital structure.
More about Vection Technologies Ltd.
Vection Technologies is an enterprise-focused company that specializes in bridging the physical and digital worlds through extended reality (XR) interfaces. These interfaces help organizations leverage their 3D data to enhance collaboration, learning, and sales. The company is listed on the Australian Securities Exchange (ASX) under the ticker VR1, trades on the U.S. over-the-counter (OTC) markets as VCTNY, and is also listed on Germany’s Frankfurt Stock Exchange under the ticker S1X.
Average Trading Volume: 11,687,115
Technical Sentiment Signal: Buy
Current Market Cap: A$68.93M
For an in-depth examination of VR1 stock, go to TipRanks’ Overview page.