How Omicron affected the markets; Me Today seeks a cash injection; higher costs affect Radius Care’s profit.

Recap

English - November 29, 2021 04:32 - 10 minutes - 14.8 MB - ★★★★★ - 2 ratings
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Previous Episode: Casual Friday: What happened with the OCR? Green Cross Health delivers ‘positive’ performance; EROAD makes a net loss.

Next Episode: Markets rebound from Friday’s declines; Rua Bioscience to acquire Zalm Therapeutics; NZME acquires BusinessDesk.

Sharemarkets around the world react to news of the Omicron Cvoid-19 variant. Me Today (MEE) announces share placement to help ease cashflow pressures caused by its honey business. Radius Care (OCA) blames higher labour costs and lockdowns on a lower half-year profit.

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