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.
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
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Chris Keall and Jonathan Underhill
Mon, 03 Apr 2017
Mon, 03 Apr 2017
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Orion Health shares fall sharply on contract delays, cash crunch
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