Australia's Cobre falls most since Oct 2023 on discounted placement
** Copper explorer Cobre CBE.AX falls as much as 13.8% to A$0.069, its biggest intraday pct fall since Oct. 5, 2023
** Co gets commitments to raise A$4.6 mln ($3 mln) via placement of 71.4 mln new shares
** Issue price of A$0.065 is a ~19% discount to last close
** CBE says funds will be used for exploration activities
at Ngami and Okavango projects in Botswana and other places
** Stock hits its lowest since late September
** CBE up 61.4% YTD
($1 = A$1.5202)
Reporting by Kumar Tanishk in Bengaluru
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