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from today's AFR...."Safety syringe developer Unilife Medial...

  1. 1,369 Posts.
    from today's AFR....

    "Safety syringe developer Unilife Medial Solutions is turning to investors to give it a $42.1m capital injection. The raising will comprise $31.1m placement to accredited investors in the US and selected investors in Australia as well as a SPP to retail investors at 85c. That is a 7.7% discount to VWAP of the stock in the 30 days prior to the announcement. Unilife tumbled 17.4% on the news on Wednesday – its worst one day fall in six years. It wants the extra cash to fast track the commercialisation of products including its ready-to-fill syringe; and its proposed relocation to the US and listing on the Nasdaq. US broker Griffin Securities has a “buy” recommendation on Unilife with a price target of $3.65 per share."
 
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Last
$8.52
Change
0.020(0.24%)
Mkt cap ! $653.6M
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$8.49 $8.53 $8.36 $1.781M 210.8K

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No. Vol. Price($)
8 167 $8.51
 

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Price($) Vol. No.
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