Latest Asx News

DY6 Metals has clarified its compliance with ASX continuous disclosure rules following a material capital raising and CEO appointment, confirming timely and confidential handling of sensitive information.

AVJennings Limited shares will halt trading following court approval of a takeover scheme by PM Nominees C Pty Ltd, marking a pivotal shift for the property developer.

After divesting its meal kit business, My Foodie Box Limited is actively pursuing acquisition opportunities and a transaction to restore its ASX listing, while maintaining a tight cash position.

West Coast Silver Limited has updated its assay data for the Elizabeth Hill Silver Project, reporting significant silver grades up to 490 g/t alongside elevated copper and gold values. The findings hint at new mineralised zones beyond the historic mine footprint.

Openn Negotiation Ltd has successfully exited voluntary administration following a recapitalisation plan that included issuing new shares and securing a shareholder loan. Despite no substantive business activity in the latest quarter, the company is positioned to continue operations under new management.

Centex Limited and Agriflex Pty Ltd, currently under voluntary administration, have received a Deed of Company Arrangement proposal from PRL Global Limited involving an $8.2 million contribution and a share transfer. Administrators recommend creditors approve the DOCA for better returns and operational continuity.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

AVJennings Limited’s acquisition scheme has received Supreme Court approval, triggering share suspension and a scheduled delisting from ASX and SGX.

PointsBet Holdings Limited has issued a Target’s Statement recommending shareholders accept MIXI Australia’s $1.20 per share all-cash takeover offer, highlighting a significant premium and rejecting a rival scrip bid from Betr Entertainment.

PWR Holdings announces founder and Managing Director Kees Weel’s phased return from medical leave and planned transition to Non-Executive Chairman after the October AGM, as the company embarks on a global CEO search.

Wrkr Ltd reports sustained positive operating cash flow and strategic investments positioning it for growth despite an anticipated FY25 EBITDA loss. The company’s landmark deals and platform enhancements signal readiness for upcoming regulatory reforms.

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.