Latest Asx News

Winchester Energy appoints corporate lawyer Chris Zielinski as Non-Executive Director while CEO Rory McGoldrick transitions to a part-time role, signaling a strategic refocus on operational efficiency.

Castle Minerals has secured a 90% stake in Mineralis Ltd, gaining access to seven gold exploration permits in Côte d’Ivoire, complemented by a $3.3 million capital raise and a refreshed leadership team focused on West African growth.

Autosports Group Limited reported a record $2.865 billion revenue for FY25 alongside strategic acquisitions set to fuel growth in FY26. The luxury automotive retailer is capitalizing on improving market conditions and expanding its footprint with new dealerships and property purchases.

NRW Holdings Limited has announced a fully franked ordinary dividend of AUD 0.095 per share for the six months ending June 30, 2025, signaling steady returns for shareholders.

Aspen Group Limited reported a robust 18% increase in profit after tax to $57 million for FY25, driven by growth in both rental and development segments alongside strategic debt reduction and a $74 million equity raise.

Codan Limited has announced a fully franked ordinary dividend of AUD 0.16 per share for the six months ending June 30, 2025, with payments scheduled for mid-September.

Australian Vanadium Limited has aligned its $49 million government grant with its integrated vanadium project following a key merger, advancing its vertically integrated supply chain ambitions.

Tinybeans Group Ltd reported a significant reduction in losses and a 12% rise in subscription revenue for FY25, driven by a strategic pivot away from advertising. The company’s restructuring efforts have improved cash flow and positioned it for sustainable growth.

NRW Holdings reported a robust 12.2% revenue increase to $3.3 billion in FY25, offsetting a significant $110.5 million impairment linked to OneSteel. Strong Civil and MET segment growth underpinned solid earnings despite Queensland weather challenges.

Universal Store Holdings Limited reported a robust FY25 with sales rising 15.5% to $333.3 million and underlying EBIT up 15.9%, driven by strong performances across its retail brands and disciplined cost management.

Lincoln Minerals Limited’s LMLO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Kali Metals has successfully raised $1.2 million through a discounted share placement, aiming to boost exploration at its Marble Bar and Higginsville projects. The capital injection signals renewed momentum for the company’s gold and lithium ambitions.