June 2025

Xero Limited has agreed to acquire Melio Limited, a leading US SMB bill pay platform, for US$2.5 billion, marking a significant leap in its US growth strategy. The deal is backed by a substantial A$1.85 billion equity raise and aims to accelerate revenue and market presence by FY28.

HealthCo Healthcare & Wellness REIT reports a $1.483 billion portfolio valuation, down 4.3% due to cap rate shifts, while suspending its Q2 distribution to safeguard liquidity amid ongoing hospital asset due diligence.

Xanadu Mines has announced that Bastion Mining’s takeover offer is now unconditional, with key shareholders Zijin and CAAF Ltd accepting the bid and the offer period extended to mid-July.

Treasury Wine Estates has secured Supreme Court approval for a $65 million settlement of a consolidated shareholder class action, allowing the company to focus on its strategic goals without admitting liability.

BlinkLab Limited has responded to an ASX query regarding recent unusual trading activity, confirming no undisclosed material information exists and highlighting pending ADHD diagnostic results expected later this year.

Goodman Group has announced an estimated ordinary dividend of AUD 0.15 per security for the six months ending June 30, 2025, with payment scheduled for August 26. Investors await further tax details due later in August.

Eildon Capital has launched a new Dividend and Distribution Reinvestment Plan (DRP) offering Australian and New Zealand securityholders a cost-free way to reinvest distributions into additional stapled securities. The plan provides flexible participation options and detailed governance to support investor choice and capital growth.

Eildon Capital Group has announced the reactivation of its Dividend and Distribution Reinvestment Plan (DRP) for the upcoming half-year distribution, offering securityholders a cost-free way to reinvest dividends into additional securities.

Cardiex Limited has successfully raised $4.1 million through a fully underwritten entitlement offer, bringing total funds raised to $6.5 million including a recent institutional placement. The offer saw strong participation from directors and key shareholders, with new shares set to be issued imminently.

Dexus reports a slight 0.4% increase in portfolio valuations driven by rental growth, alongside an 18-cent estimated distribution. Meanwhile, legal proceedings involving its APAC stake face delays, clouding future outcomes.

archTIS Limited addresses ASX concerns over a sharp rise in its share price, linking the movement to recent contract wins in major defence markets and ongoing acquisition talks in the US.

Eureka Group Holdings has appointed Simon Owen as Managing Director, consolidating his leadership role after serving as CEO since September 2024. The move signals confidence in his vision for growth in the property and rental sectors.

Biotron Limited has completed the initial safety phase of its lead Hepatitis B drug in animal studies, paving the way for efficacy testing in two distinct mouse models. This milestone marks a significant step forward in the company’s antiviral drug development program.

DTI Group has successfully closed a fully underwritten entitlement offer, raising $2.69 million to support its transit technology ambitions. The offer saw strong shareholder participation alongside a managed shortfall placement.

Adherium Limited has announced an accelerated non-renounceable entitlement offer to raise approximately A$4 million, issuing new shares and options to fund expansion and product development. The offer includes a Top-Up Facility and is partially underwritten, signaling a strategic push to scale its respiratory monitoring technology.

Bastion Mining has surpassed the critical 50.1% ownership threshold in Xanadu Mines, removing key conditions from its takeover bid and declaring the offer unconditional.

Adherium Limited is raising up to $4 million through a partially underwritten entitlement offer to expand its US digital health platform and recruit key personnel. The capital raise supports scaling patient onboarding and advancing its FDA-cleared smart inhaler technology.

Lithium Universe Limited announces a strategic management change with CEO Alex Hanly stepping down to a part-time Chief Development Officer role, maintaining his focus on the Bécancour Lithium Project. This move comes as the company advances its mission to close North America’s lithium conversion gap with a green lithium refinery in Québec.

Kip McGrath Education Centres announces exit from its unprofitable USA operations while reporting improved underlying EBITDA for FY25, alongside CEO transition costs and property lease provisions.

Olympio Metals has uncovered visible gold in the first hole of its maiden drilling program at the Paquin prospect within Quebec’s prolific Bousquet Gold Project, signaling promising potential ahead of assay results due mid-July.

MA Credit Income Trust (ASX, MA1) has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite for private credit exposure. The capital will be deployed across diversified private credit strategies managed by MA Investment Management.

MA Credit Income Trust has successfully raised nearly A$50 million through a wholesale placement, reflecting strong investor appetite and positioning the trust for expanded private credit investments.

RareX Limited confirms exceptional high-grade gallium mineralisation at its Cummins Range project, positioning it as a strategic critical minerals asset amid soaring global demand and supply risks.

Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.