NZ's Blis Technologies: Falls as defence forces defuse chemical incident

BLIS Technologies

12/07/2019 03:30

** Shares of biotechnology firm Blis Technologies Ltd
 BLT.NZ  fall as much as 8.1% to NZ$0.034, their biggest
intraday percentage fall since June 4
    ** NZ authorities say defence forces conducted a controlled
explosion at a South Dunedin site owned by Blis after being
called to deal with a hazardous chemical incident  urn:newsml:reuters.com:*:nL4N24C4AS
    ** Police had cordoned off several streets in the area to
dispose of the container where some hyrdazine monohydrate, whose
exposure can cause irritation and seizures in humans, had
crystalised
    ** Site has now reopened and police cordons have been
removed 
    ** Stock hits lowest level since June 27
    ** More than 1.6 mln shares change hands, compared with the
30-day average volume of 1.3 mln
    ** Stock has doubled in value this year, as of last close

 ((Niyati.N.Shetty@thomsonreuters.com; +918067497199; Reuters
Messaging: niyati.n.shetty.thomsonreuters.com@reuters.net))