Share Placement Announcement: IMMUNEONCO-B (01541.HK) announced a 12.97% discounted share placement, intending to issue 24.2 million new H-shares at HKD14.5 each to raise nearly HKD350 million.
Market Reaction: Following the announcement, the stock opened 5.7% lower, hitting a low of HKD14.41, and last traded at HKD14.59, reflecting a decline of 12.42% with a trading volume of 3.992 million shares.
01541
$6.21+Infinity%1D
Analyst Views on 01541
Wall Street analysts forecast 01541 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01541 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 01541 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01541 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 6.500
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Current: 6.500
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
