BUZZ-Australia's HighCom hits eight-month low on discounted placement** Shares of HighCom HCL.AX fall as much as 11.1% to A$0.2, their lowest level since June 11, 2025
** Marks steepest fall since January 14
** Defense firm receives firm commitments for A$7 million ($4.98 million) placement
** Issue price of A$0.020 represents a discount of 11.1% to the stock's last closing price
** Says proceeds will be used to support sales growth in key markets and associated product manufacturing
** About 464,000 shares change hands, 1.8 times the 30-day avg
** Down 25% YTD
($1 = 1.4047 Australian dollars)
(Reporting by Anjali Singh in Bengaluru)
((anjali.singh2@thomsonreuters.com;))
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