** Shares Micro-X MX1.AX fall 8.2% to A$0.071, their lowest level since December 16
** Shares of co set for four sessions of consecutive gains - if current trends hold
** Medical equipment maker says it has raised A$3.3 mln ($2.06 mln) from institutional placement and entitlement offer
** Offer at an issue price A$0.07/shr represents a 9.1% discount as of the last trading day
** Says funds are to be used for focusing on medical imaging products, others
** Stock fell as much as 9% earlier in the day, marking its worst intraday drop since October 29, 2024
** Stock last month fell by 7.1%
($1 = 1.5987 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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