Latest Asx Listing News

Codeifai Limited has addressed ASX concerns over unusual trading activity, confirming awareness of undisclosed information and releasing a status update on proposed transactions.

Genetic Technologies Limited has signed binding term sheets to acquire Ellerfield Wealth and Walker Capital, marking a strategic shift into wealth management backed by a $7.8 million valuation and pending ASX approvals.

Beacon Minerals Limited has announced a proposed 40, 1 share consolidation aimed at creating a more effective capital structure and enhancing its share price appeal. The move awaits shareholder approval at the July 7 general meeting.

Redox Limited has dismissed any undisclosed information behind its recent share price plunge, attributing the volatility to analyst downgrades and broader economic concerns.

Evolution Energy Minerals (EV1) addresses ASX queries over recent share price and volume spikes, attributing the activity to a subsidiary’s new US$2 million term sheet while confirming no undisclosed information.

Story-i Limited reported a significant AUD 24.17 million loss for FY2024, driven by the receivership and liquidation of its Indonesian Apple reseller business. The company is now focused on recapitalisation and securing new investments to revive operations.

Victor Group Holding Ltd has agreed to acquire a 15% stake in Australian fintech iRich Finance through a share issuance, aiming to enhance its platform and software services without altering its operational independence.

Toys’R’Us ANZ Limited has been suspended from ASX trading following the appointment of voluntary administrators, signaling serious financial distress. The suspension will remain until the company meets ASX’s compliance requirements.

Dominion Income Trust 1 (ASX, DN1) has successfully completed a $45.45 million placement, issuing new units at a slight discount to the last closing price. The capital raised will be invested in floating rate notes aligned with the Fund’s strategy.

COSOL Limited anticipates solid revenue and earnings growth for FY25 despite some contract timing setbacks, with a promising outlook for FY26 driven by data analytics and managed services expansion.

Cardiex Limited has successfully raised $2.4 million through an institutional placement to boost manufacturing and commercial activities for its CONNEQT Pulse device.

Pursuit Minerals has withdrawn its previously stated 5,000 tonnes per annum lithium production target, clarifying it was an aspirational figure not compliant with ASX rules. The company urges investors to avoid relying on this figure for investment decisions.