Australia's Lumos Diagnostics hits over 2-month low on discounted placement

Lumos Diagnostics Holdings

30/10/2023 24:02

** Shares of Australia's Lumos Diagnostics  LDX.AX  fall as
much as 6.4% to A$0.073, their lowest level since Aug 15
    ** The diagnostics solutions provider raises A$2.65 mln in
private placement 
    ** Issue price of A$0.07 per share represents discount of
~10.3% to stock's last close
    ** Issue of 37.9 mln shares represents 0.1% of co's free
float of 323.22 mln shares - LSEG data 
    ** Lumos stock up 62.5% YTD, as of last close



 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))