** Shares of Australia's Respiri Ltd RSH.AX fall as much as 8.3% to A$0.044, on track to record their second straight session of losses
** Stock at its lowest level since February 25
** e-health software services provider announces A$4 million ($2.49 million) placement at an issue price of A$0.04 per share
** Issue price at a discount of 16.7% to stock's last closing
** Funds from placement to help "support investments in the business to execute on recent and expected customer wins" - RSH
** Stock down 47% this year so far
($1 = 1.6088 Australian dollars)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com))
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