Genetic Tech down 12% on private capital raise

- iextrading.com Posted 2 years ago
Nano cap Genetic Technologies ( GENE -11.7% ) is down, albeit on below-average volume, in reaction to its direct sale of ~1.5M ADSs at $0.80 per ADS to institutional investors. Gross proceeds should be ~$1.2M. More news on: Genetic Technologies Limited, Healthcare stocks news, Stocks o…