NZSE:PEBBiotechs
Assessing Pacific Edge (NZSE:PEB) Valuation After NZ$25.4m Equity Raise For Cxbladder Medicare Push
Pacific Edge (NZSE:PEB) has completed a NZ$25.4 million follow on equity offering at NZ$0.17 per share, a key funding step as the company works to restore Medicare coverage for its Cxbladder tests.
See our latest analysis for Pacific Edge.
Pacific Edge's recent follow on equity offering comes after a period of pressure on the share price, with the 30 day share price return down 11.58% and the 90 day share price return down 23.64%. However, the 1 year total shareholder return is 110%, which...