BUZZ-Australia's Firebrick Pharma tumbles on discounted share purchase plan

Reuters09-12

** Shares of Firebrick Pharma fall as much as 9.2% to A$0.059, posting their biggest intraday percentage decline since May 28

** Stock hits its lowest level since Aug 21

** Pharmaceutical co says it will raise up to A$2 mln ($1.34 mln) via share purchase plan at A$0.055 per share

** Issue price represents a 15.4% discount on co's last close

** About 986,000 shares change hands, compared with the 30-day average volume of around 102,000

** Stock up 18% YTD, including session's move

($1 = 1.4972 Australian dollars)

(Reporting by Aaditya Govind Rao in Bengaluru)

((Aaditya.govindrao@thomsonreuters.com))

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