CORRECT: Pacific Edge widens annual loss, shares drop

Wed, 28 May 2014

(Corrects percentage change in first paragraph, updates with share price and investor comment) By Suze Metherell May 28 (BusinessDesk) - Shares in Pacific Edge were the biggest decliner on the benchmark NZX 50 Index today, dropping 7.2 percent after the bladder cancer test developer said it widened its annual net loss by 44 percent. Pacific Edge had a loss of $9.95 million, or 3.2 cents per share, in the 12 months ended March 31, compared to a loss of $6.92 million, or 2.5 cents, a year earlier, the Dunedin-based company said in a stat...

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