close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Orion Health shares fall sharply on contract delays, cash crunch

Company says it's still on track to return to profit in 2018, in talks with potential new investors.

Chris Keall and Jonathan Underhill
Mon, 03 Apr 2017

Orion Health shares were down 12.95% to $1.68 in midday trading following a warning earlier today about contract delays, a cash crunch and a probable capital raising.

Shares first traded at $6.50 in their NZX debut on November  26, 2014. The company, whose shares have dropped 44% in the past 12

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Chris Keall and Jonathan Underhill
Mon, 03 Apr 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Orion Health shares fall sharply on contract delays, cash crunch
66046
true