** Shares of Anteotech ADO.AX slip as much as 14.3% at A$0.017, their lowest level since December 24, 2025
** The clean energy firm raises A$3.5 million ($2.42 million) through a placement
** Issue price of A$0.0155 apiece represents a discount of 26.2%, as of stock's last close
** Funds to accelerate commercialisation of Life Sciences and Advanced Battery Technology $(ABT)$ products and technologies globally
** About 9 million shares change hands, 6.3x the 30-day average
** Stock gained 29.4% in 2025
($1 = 1.4465 Australian dollars)
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com))
Comments