Articles On Veris (ASX:VRS)

Spatial data player Veris Limited (ASX:VRS) was down -3.33% in line with a larger decline of -0.41% for the industrials sector on Tuesday afternoon despite announcing a new 3Y government contract win. Shares were trading at 5.8cps near 1...

  Markets pulled back after a strong week Bitcoin is trading above US$70k again And which has more undervalued opportunities, Aussie small caps or American ones?   The ASX is set to open lower on Tuesday in line with Wall Street. At 8am...

ASX to fall, in line with Wall Street Walmart, Home Depot updates results, but market is waiting for Nvidia Why Nvidia’s earnings are crucial   The ASX is poised to open lower on Wednesday, in line with Wall Street. At 8am AEDT, the ASX...

ASX to rise despite a muted session on Wall Street Oil plunged another 2pc overnight, possibly signalling a recession S&P released the 10 most shorted stocks on the ASX   Aussie shares are poised to open higher on Thursday as Wall Str...

  Stocks eked out narrow gains Monday to build on last week’s strong rally, with the Nasdaq Composite notching its longest positive streak since January. The Nasdaq jumped 0.3 per cent to finish at 13,518.78, while the S&P 500 edged up...

Note: Posted at 7:45am Stocks are little changed on Monday as Wall Street struggled to maintain its momentum from last week’s strong rally. The S&P 500 and Nasdaq Composite has edged up about 0.1% and 0.2%, respectively. The Dow Jones I...

  Stocks fell Friday as investors wrapped up a volatile week ahead of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average slid 288.87 points, or by 0.83 per cent, to 34,618.24. At its lows, the index completely wiped out...

  Michael Shirley – Managing Director & CEO – Veris (ASX:VRS) is a leading provider of spatial data services in Australia. Their expertise spans data collection and capture, using all types of sensors, as well as data processing, hostin...

Shares to open flat after the Fed bumped rates another 25bp Google, Microsoft and Meta reported earnings The word AI was mentioned over 1,000 times in the earnings reports   Local shares are set to open flat on Thursday after a mixed sess...

ShareCafeVeris: The business of spatial data Veris Limited (ASX:VRS) Managing Director and CEO Dr Michael Shirley provides an introduction to the company, discussing its services, the competitive landscape, revenue breakdown, growth opport...

ShareCafeWebinar Recap – GRL, 3DA, VRS & GTI Catch up on the full webinar with presentations from Godolphin Resources (ASX: GRL), Amaero International (ASX: 3DA), Veris (ASX: VRS) & Gratifii (ASX: GRL) Webinar Recap – GRL, 3DA, VRS...

ShareCafeVeris (ASX: VRS) – Webinar Presentation Michael Shirley – CEO & Managing Director – Veris is a leading provider of spatial data services in Australia with a strong team, many office locations, and a focus on delivering the bes...

The ASX will open lower, tracking Wall Street US tech stocks hammered overnight ahead of Fed Bitcoin plunged 4% in the last 24 hours   The ASX is set to open lower on Tuesday. At 8am AEDT, the ASX 200 Feb futures contract was pointing dow...

ASX 200 bounces back to grind out a 0.47% win for the day HitIQ’s new deals look set to cement its place in professional sports Star gets some heartburn-inducing mail from regulators in Queensland If you’re like me and can’t read the word...

ASX 200 ends 0.3% higher Small caps ahead 0.4% Dr Oliver says go climb the wall of worry, Dolorean does exactly that, up +30%   The ASX 200 and the Emerging Companies (XEC) index rose 0.3% and 0.4% respectively on Wednesday. The insurer M...

Benchmark finishes up after fierce struggle for buoyancy Absolutely no one shocked to learn Star’s worn out its welcome in QLD A solid arvo by little league miners was a well-timed boost It’s been a somewhat indecisive day for Aussie mark...

Benchmark set to end the day down 1.5% Small caps smashed down 4.2% Greenwing up 70% on Chinese investment   Look. No-one likes Monday’s except possibly the last four or five Prime Ministers. I definitely sense S Morrison and K Rudd and c...

The ASX 200 is vacillating Small caps are down over 1.3% Demetallica is a great name and it’s up 40% on takeover talk   The benchmark ASX 200 is flat as on Monday. The ASX Emerging Companies (XEC) index has lost 1.3%. REITs and Gold are h...

Queen Elizabeth II soared off into the heavens Classic Minerals pulls off an amazing impersonation of Her Maj MinRes does absolutely nothing, but banks $1.5bn in value anyway   What a cracker of a day. This morning was an absolute rager,...

The ASX is set to open lower on Tuesday Overnight, bank and tech stocks weighed on Wall Street The RBA will release its July meeting minutes this afternoon Local shares are set to open lower today. At 8am AEST, the ASX 200 July futures is...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Adam Lamond resigns as Non-Executive Director and Managing Director of Veris (VRS) after 11 years in the role, effective June 1 Mr Lamond founded Ocean to Outback Electrical (OTOE) in 2003 and was pivotal in the ASX listing of Ocean to Out...

It’s been a topsy turvy week, as local markets followed the lead of US stocks which in turn got rattled by the latest round of policy-tightening machinations by the US Federal Reserve. But after three straight losing sessions, the good vibe...

Veris’s (VRS) wholly-owned subsidiary Veris Australia is awarded an initial contract to provide Project Network Control and Survey for tunnelling for the M6 Motorway, Stage 1 in Sydney, New South Wales In a joint venture with other compani...

Wall Street leaps as Fed hikes rate US stocks surged overnight, after the US Fed increased its cash rate by 0.25% and signalled six more rate hikes to follow. It was the first time in three years the Fed had increased rates, as it tries to...

ASX to rise as clashes continue in Ukraine Dialogue between Russia and Ukraine ended without a breakthrough and a ceasefire ended overnight, as Russian forces continued pounding Ukranian cities with artilleries. Wall Street was mainly down...

Surveying company Veris (VRS) has officially sold its subsidiary Aqura Technologies to Telstra Purple At the end of January, Veris announced striking a deal with telco giant Telstra’s subsidiary Telstra Purple who wanted to acquire Aqura...

Veris has become part of developments at Fortescue Metals Group’s Iron Bridge magnetite project in Western Australia, signing a contract for pipeline infrastructure. The scope of works covers survey management services, including surveying,...

Aqura Technologies has been sold to Telstra for $30 million, handing a raft of mining infrastructure to one of Australia’s leading telecommunications companies. Aqura parent company Veris has had full ownership of the technology company for...

Surveying firm Veris Ltd’s (ASX: VRS) share price had spiked by 27.1% by market’s close on Monday following the news that Telstra Purple – the telco’s IT, managed services and consulting arm – had acquired its wholly-owned subsidiary, netwo...

Surveying firm Veris Ltd’s (ASX: VRS) share price had spiked by 27.1% by the time market’s closed on Monday following the news that Telstra Purple – the telco’s IT, managed services and consulting arm – had acquired its wholly-owned subsidi...

Surveying firm Veris Ltd’s (ASX: VRS) share price had spiked by 27.1% by the time markets closed on Monday following the news that Telstra Purple – the telco’s IT, managed services and consulting arm – had acquired its wholly-owned subsidia...

Shares in Veris have soared on Monday after Telstra announced its business services subsidiary Telstra Purple had acquired telecommunications service provider Aqura Techologies for $30 million.

The ASX200 has vacillated all of Monday in a whiny, unattractive way for a major global index. Like a Kardashian (name one) unable to get out of bed, the heavyweight financial names and the major miners are just dragging everyone lower, dow...

The share market wrapped up its worst month since the early days of the pandemic with a modest loss as investors held off until tomorrow’s Reserve Bank policy update. The S&P/ASX 200 dipped 16.5 points or 0.24 per cent after briefly...

Telstra Purple, the telecommunication giant’s business technology services offshoot, is acquiring two local tech startups to bolster its IoT capabilities. The deals include Aqura Technologies, a subsidiary of ASX-listed Veris, snapped up...

Key points The Telstra share price is see-sawing despite the company building strength in the Internet of Things through 2 new acquisitions The telco will purchase Australia’s Aqura Technologies and Brisbane-based Alliance Automation The...

Shares in Veris (VRS) were up as much as 30.5 per cent today after the company entered an agreement with Telstra Purple, a wholly-owned subsidiary of Telstra (TLS) Under the agreement, Telstra Purple will acquire 100 per cent of the shares...

The share market retreated ahead of a week of risk events including a Reserve Bank policy meeting and monthly US jobs data.   The S&P/ASX 200 eased 20 points or 0.28 per cent as investors waited to see if Friday’s rebound on global e...

Shares in surveying firm Veris (ASX: VRS) have spiked by more than 22 per cent in early trade on the news that Telstra’s (ASX: TLS) business services subsidiary has acquired technology solutions business Aqura Technologies for $30 million....

Local markets had a breather in the form of a mid-week public holiday, but things weren’t much better once trading recommenced on Thursday. After initially jumping by more than 1%, the ASX microcap Emerging Companies index reversed course w...

US stocks ended a volatile week in mixed territories Wall Street was dragged down by financial stocks on Friday, but the loss was offset by gains in tech stocks. The S&P 500 was up by 0.08%, the Dow Jones fell by 0.56%, while tech heavy...

Fortescue Metals Group has indicated it’s open to contracting for mining services at its Iron Bridge magnetite project in Western Australia, contrary to its usual strategy. The mine is on schedule for first production by the end of 2022, ac...

Veris’ (VRS) subsidiary, Aqura Technologies, has been awarded a $1.3 million private LTE network contract by Shell The contract will support Shell’s Australian operations and includes a three-year managed services agreement with a further...

US and European stock markets rebound Stock markets in the US and Europe bounced back overnight, as fears about the Omicron variant eased. US top infectious disease doctor, Dr Anthony Faucci, told CNN: “So far it does not look like there’s...

Veris Limited’s (VRS) subsidiary, Veris Australia, secures a contract of around $1 million for the Sydney Metro West project Delivery of subsurface and utility investigations will occur over five proposed locations with an expected three-m...

Roy Hill has contracted Aqura Technologies to expand a private 4G LTE network at its Pilbara iron ore mining operations in Western Australia. The Veris subsidiary will earn $1.8 million by mid-2023 for the design, construction and commissio...

Veris Australia has won a $2 million contract to provide surveying, pipeline design, data and GIS support services at Fortescue Metals Group’s Iron Bridge magnetite project in Western Australia. The works, to be executed under subcontract w...

The project includes a 135km concentrate slurry pipeline to Port Hedland, along with a return water pipeline.

Aqura Technologies has won a managed serviced agreement with DXC Technology for entertainment networks across 17,000 rooms at a Tier 1 mining village in Western Australia’s Pilbara region. The three-year contract will earn the Veris subsidi...