Vision completes capital raising

Vision Eye Institute has announced the completion of a $10m institutional capital raising at 60 cents per share. The proceeds will ‘fund appropriate acquisition opportunities identified by the VEI Board. These include day surgeries with ophthalmic specialists and other disciplines, medical centres and other opportunities in the day surgery and medical precinct space.’We think the time is right for expansion given the company’s balance sheet is now under control – net debt has fallen from close to $100m to $27m over the past five years. It's also necessary as the company’s network of ophthalmologists continue to push for a larger...

Vision Eye Institute has announced the completion of a $10m institutional capital raising at 60 cents per share.

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