** Shares of Electro Optic Systems fall as much as 19% to A$1.685 - set for worst session since Sept. 8, 2022, if current losses hold
** Shares hit their lowest level since Feb. 28
** Co completes A$35 mln ($22.80 mln) placement
** Issue price of A$1.70 per share represents an 18.3% discount to stock's last closing price
** EOS top loser in the ASX All Ordinaries index
** Stock had doubled in value this year, as of last close
($1 = 1.5352 Australian dollars)
(Reporting by Himanshi Akhand in Bengaluru)
((Himanshi.Akhand@thomsonreuters.com;))
Comments