Resources surge while biotech and takeover hopes falter

• Western Mines Group (ASX:WMG) surged 🟢 34.78% after lifting its Mulga Tank nickel resource to 7.2 million tonnes of contained nickel.
• 4DMedical (ASX:4DX) fell 🔴 33.51% despite record scans and rising revenue, showing that strong operating growth did not satisfy investors.
• OFX Group (ASX:OFX) dropped 🔴 17.65% after Equals failed to confirm its proposed $1.00 takeover by the deadline.
• Catalyst Metals (ASX:CYL) and Elixir Energy (ASX:EXR) also fell sharply as gold production was delayed and gas project funding remained conditional.