Australia's Yojee hits record low on discounted placement

Yojee

15/11/2023 24:49

** Shares of Yojee  YOJ.AX  fall as much as 33.3% to a
record low of A$0.004
    ** Stock last down 16.7%, sees worst day since Oct 19, if
current losses hold
    ** Software co announces capital raising of A$4.5 mln ($2.92
mln) at an issue price of 0.2 Australian cents per share, a
discount of 66.7% to stock's last close
    ** More than 7.9 mln shares change hands, 9.9x compared with
the 30-day average volume of 806,013 shares
    ** Stock down 83.8% YTD, as of last close

($1 = 1.5404 Australian dollars)

 (Reporting by Shivangi Lahiri in Bengaluru)
 ((Shivangi.Lahiri@thomsonreuters.com;))