Latest Asx News

Openn Negotiation Ltd reported a significantly reduced net loss of $3.93 million for FY24, exiting voluntary administration with new directors and a recapitalisation led by ST Holding 2 Pty Ltd. The company faces challenges in regaining ASX compliance and identifying new business operations.

Openn Negotiation Ltd remains under a Deed of Company Arrangement with no operational activity during the September quarter, focusing on recapitalisation efforts following insolvency and voluntary administration.

Openn Negotiation Ltd has entered voluntary administration following a failed $2.5 million capital raise, with its shares suspended on the ASX. Administrators have secured funding to maintain operations while pursuing a sale or recapitalisation.

Boom Logistics announces CEO Ben Pieyre's resignation, with a transition period extending to December 2025 as the company begins its search for new leadership.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

Aspen Group has secured a $19 million portfolio of 19 retirement village properties in Adelaide, aiming to convert leases and boost residential rental income over time.

James Raptis, founder and long-time director of Raptis Group, will resign this September, with new CEO Russell Garnett stepping in as the company plans a strategic board refresh.

Raptis Group Limited has confirmed the resignation of director James Raptis effective September 30, 2025, amid a sharp rise in its share price and trading volume. The company denies any other undisclosed information behind the recent market activity.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.

MIXI Australia Pty Ltd has initiated an all-cash off-market takeover bid for PointsBet Holdings Limited at $1.20 per share, a significant premium recommended unanimously by the PointsBet Board. The offer promises certainty of cash consideration amid competing bids and regulatory conditions.

Capral Limited has agreed to acquire Perth-based aluminium systems distributor Comsupply Ltd, aiming to strengthen its foothold in Western Australia’s building systems market.

MIXI Australia has lodged a bidder’s statement for an all-cash $1.20 per share takeover offer for PointsBet Holdings Limited, with the PointsBet Board unanimously recommending acceptance in the absence of a superior proposal.