🔥 Saturday 24 October 2026 Sat, 24 Oct 2026

Prominence Energy doubled as hydrogen speculation drove the week’s biggest move, while takeover news lifted RAS Technology and Cleanaway.
Zip Co and several resource developers fell as investors weighed costs, capital needs and delivery risks.

Takeover news lifted Challenger, while Bentley Capital and Magellan suffered the week’s biggest falls.
Private lenders grew quickly, but rising credit concerns, cash shortages and asset sales kept investors cautious.

Small explorers drove the biggest share moves, while miners and developers balanced strong results against cash needs and project delays.
Natural hydrogen, gold, rare earths and copper all produced fresh data, but many projects remain years from steady production.

Healthcare shares ended a difficult week with funding worries weighing on smaller companies, even as several groups reported stronger sales or clinical progress. Starpharma, Hydration Pharmaceuticals and Saluda were among the largest fallers, while Recce, Zoono and Genetic Signatures posted gains.

Takeover news sent RAS Technology soaring, while Cogenic also jumped on commercial agreements for smart-glasses technology. Codan fell despite strong forecasts, as investors weighed near-term conflict demand against a steep weekly price drop.

Across the sector, contract wins and recurring revenue growth competed with cash use, delayed sales and funding conditions.