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Radius investor grills board over “decimated shareholder value”

A heavily discounted placement has seen the share price fall significantly.

Andrew Bevin Wed, 22 Sep 2021

Pricing of NZX-listed aged care provider Radius Care’s recent capital raise “decimated shareholder value”, according to one investor at the company’s virtual annual meeting this morning.

In July, the company raised $30 million through a placement to fund the purchase of four aged care

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Andrew Bevin Wed, 22 Sep 2021
Contact the Writer: andrew@nbr.co.nz
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Radius investor grills board over “decimated shareholder value”
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