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.
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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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