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Orion reassures on banking facility as shares thumped

Analyst says healthcare software company “cutting it fine” with cash position, will probably have to draw on funds.

Chris Keall
Thu, 01 Dec 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Orion Heath’s deteriorating cash position has turned a spotlight on its $40 million banking facility with ASB.

The focus comes as the healthcare software company's stock has been hammered in three straight sessions since its half-year result was reported at the start of the trading week. It

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Chris Keall
Thu, 01 Dec 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Orion reassures on banking facility as shares thumped
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