Australia's Harvest Technology hits near 2-week low on discounted placement

Harvest Technology

11/07/2023 02:04

** Shares of Harvest Technology Group Ltd  HTG.AX  fall as
much as 21.3% to A$0.037, their lowest level since June 30
    ** Technology co receives binding commitments for a
placement to raise A$2.1 mln ($1.40 mln) (before costs)
    ** Co sees biggest intraday fall since June 23
    ** Issue price of A$0.037 per share represents a 21.3%
discount to the stock's last close 
    ** Shares of co are down 33.8% YTD as of last close 
   


($1 = 1.4957 Australian dollars)

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))