Blis Technologies shares fall 11% after price query

Fri, 08 Jul 2016

By Paul McBeth July 8 (BusinessDesk) - Blis Technologies shares dropped 11 percent after the biotechnology firm was quizzed over a spike in the share price by the stock market operator. The shares fell 0.5 cents to 4.2 cents after the Dunedin-based company got a price inquiry from NZX Regulation over a 42 percent gain in the stock since June 30. Blis said it had nothing to disclose under the stock market's listing rules on continuous disclosure. The stock is still trading above the 3.3 cents price it closed at on June 30. In May, the...

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