Business
Liberman-backed biotech readies cash call – The Australian Financial Review
Melbourne-based biotech outfit Avecho is expected to kick start its week with a capital raising.
Melbourne-based biotech outfit Avecho is expected to kick start its week with a capital raising.
Avecho is poised to launch a capital raising on Monday morning. Louise Kennerley
Street Talk understands the ASX-listed company is all set to launch a $5 million placement on Monday morning, priced at 2.2¢ a share. Shares in the $43 million company which is backed by well known investor Bori Liberman last traded at 2.7¢.
Each share in the raising is expected to come with a one-for-two attached option,…
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