Latest Asx News

AUCyber Limited reported a substantial $19.5 million net loss for the half-year ended December 2024, driven by a $14.7 million impairment following underperformance post-merger. The company has since received and recommended a takeover bid from 5G Networks Limited.

Environmental Clean Technologies Limited (ECT) has raised $750,000 through a two-tranche placement to fund its innovative COLDry Fertiliser Project and pursue strategic acquisitions, alongside key board changes.

SEEK Limited has announced a fully franked ordinary dividend of AUD 0.24 per share for the six months ending December 2024, signalling steady shareholder returns.

Galileo Mining has released new assay results from its 2024 aircore drilling at the Mission Sill prospect near Norseman, confirming significant palladium and platinum mineralization and setting the stage for an imminent follow-up drilling campaign.

MLG Oz Limited has secured a significant $75 million haulage contract with Westgold Resources, poised to generate over $25 million annually and deepen its footprint in Western Australia's Goldfields region.

Li-S Energy reports a $2.67 million net loss for H1 FY25 but marks significant milestones in lithium sulfur battery production and strategic partnerships.

MLG Oz Limited reported a robust 20.5% increase in revenue for the first half of FY2025, reaching $272.9 million, even as net profit after tax declined to $4.1 million. The company anticipates stronger growth in the second half, supported by new contracts and fleet expansion.

Viking Mines Limited has confirmed a significant gold discovery at its Northern Duplex Target, with drilling revealing a steeply dipping gold zone and promising assay results. The company is gearing up for further exploration to define the extent of this new mineralisation.

Rapid Lithium has successfully placed the full $1 million shortfall from its recent entitlement issue, positioning the company to advance exploration projects in Canada and the USA.

WAM Active Limited has announced a fully franked ordinary dividend of AUD 0.03 per share for the half-year ending December 2024, reinforcing its steady income return strategy.

G50 Corp has engaged SGS Canada to initiate comprehensive metallurgical testing at its Golconda Project, aiming to refine gallium recovery methods and advance its strategic minerals portfolio.

Dexus reports a 13.9% decline in Adjusted Funds from Operations for HY25, alongside a reduced distribution payout, while maintaining a robust balance sheet and advancing sustainability initiatives.