Hopper raising at RAD. This time it looks a bit more positive.
Diagnostics specialist Lantheus, capitalised at $8 billion on the Nasdaq, likes the look of Aussie Radiopharm Theranostics.
Street Talk understands Lantheus has agreed to pay a 47 per cent premium to Radiopharm’s last close to come in as a cornerstone investor on an equity raise of up to $65 million. It will tip in $US7 million at 5¢ a share, with the option to top up by another $US5 million.
If he could secure a similar investment here with less dilution it would improve CHM's image a lot. An US Pharma giant investing, that's what the market needs as a reassurance.
GLTA
Hopper raising at RAD. This time it looks a bit more...
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0.4¢ |
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Mkt cap ! $8.060M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| CHM (ASX) Chart |