Omega Diagnostics has responded to speculation by confirming that it is in discussions with "certain investors and shareholders" regarding a potential equity fundraising.
A stock exchange statement explained: "Market conditions remain challenging and accordingly any issue of equity would be at a discount to the current share price - any fundraise would include an open offer to accommodate retail investors."
Noting an update earlier in January, the medical diagnostics company reiterated that it has "significant cash resources", so there is "no immediate need to raise additional capital" and it may choose not to proceed with a fundraising until conditions are more favourable.
