MDC – MEDLAB – up 7.04 per cent, or 2.5 cents, to 38 cents
The Australian medical life sciences company has executed an agreement with Canadian pharmaceutical company Pharascience Inc to develop and distribute its cannabis-based cancer pain spray, NanaBis.
COL – COLES GROUP – down 0.18 per cent, or 2 cents, to $11.38
The supermarket giant is offloading management of its 87 pubs in a $200 million deal with private equity-controlled Australian Venue Co.
TLS – TELSTRA CORP – up 0.96 per cent, or 3 cents, to $3.16
After closing flat for three days straight, Australia’s most widely held stock by retail investors had a good day.