** Shares of Imagion Biosystems fall as much as 24.3% to A$0.028, posting their largest intraday pct drop since early February
** Stock hits its lowest since Sept. 30
** Medical imaging co receives commitments to raise A$3 mln($2.02 mln) via a placement
** Placement issue price at A$0.02 per share, a ~46% discount to last close on Oct. 7
** Says funds will be used to accelerate development of its MagSense imaging technology for the treatment of breast cancer
** More than 504,000 shares change hands vs 30-day avg volume of around 315,000 shares
** Imagion down ~91.3% YTD, including current session's moves
($1 = 1.4872 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)
((Nikita.Jino@thomsonreuters.com;))
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