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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Share of the Week: Radius Residential Care

Radius’s share price fell sharply after shares from a discounted placement were allotted.

Andrew Bevin Fri, 30 Jul 2021

Shares in NZX-listed aged care provider Radius Care plummeted 28% this week after shares issued at a discount in a recent placement began trading on market.

Earlier this month the company raised $30 million through a placement to fund the purchase of four aged care facilities that it operates

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Andrew Bevin Fri, 30 Jul 2021
Contact the Writer: andrew@nbr.co.nz
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Share of the Week: Radius Residential Care
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