Pacific Edge rebuffs ASX capital raise information

Pacific Edge rebuffs ASX capital raise information
Dan Brunskill
Pacific Edge says information released by the Australian Stock Exchange (ASX) about a large capital raise was incorrect and has been withdrawn.The cancer diagnostics firm asked NZ RegCo to put the stock in a trading halt at midday to give it time to respond to “an announcement regarding its ASX dual listing application and intended capital raise”.Media reports suggested the company was looking to raise A$70 million (NZ$72.8m) at A$1.20 per share alongside its upcoming dual listing on the Australian stock exchange.Pacific Edge has sh...