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Starpharma looks to raise up to $15 million

Starpharma is seeking to raise between $10 million and $15 million via a placement and share purchase plan managed by Bell Potter Securities.

Sarah Thompson, Anthony Macdonald and Jake Mitchell
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Starpharma is seeking to raise between $10 million and $15 million through a placement and share purchase plan managed by Bell Potter Securities.

The shares are being offered at 65¢ each, an 8.5 per cent discount to the last close and 8.4 per cent discount to the five-day volume weighted average price.

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Original URL: https://www.afr.com/companies/financial-services/starpharma-looks-to-raise-up-to-15-million-20140918-jf4c4