Australia's BTC Health gains on premium placement

BTC Health

28/11/2025 02:32

** Shares of BTC Health BTC.AX rise 1.7% to A$0.06, their highest level since November 21

** Medical products investor says firm commitments received to raise A$2 million ($1.31 million) via placement at an issue price of A$0.061 per share

** Issue price represents a 3.4% premium to stock's last close

** Funds to be used towards inventory expansion, others- co

** About 430,000 shares traded, 6.1x the 30-day average

** YTD, stock down 17.8%, including current session's move

($1 = 1.5307 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))