Australia's Avenira sees worst day in 9 months after discounted placement

Avenira

28/03/2022 05:47

** Shares of miner Avenira Ltd  AEV.AX  fall as much as
19.1% to A$0.017, their biggest intraday pct loss since June
2021 
    ** Co raises A$1.5 mln ($1.13 mln) at an issue price of
A$0.013 per share, a 38.1% premium to its close on Friday, when
the stock last traded  urn:newsml:reuters.com:*:nASX6yM48w
    ** About 17.1 mln shares change hands compared with a 30-day
average of 3.6 mln shares 
    ** Stock up 23.5% this year, as of last close 


($1 = 1.3278 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))