Latest Asx News

HealthCo Healthcare & Wellness REIT reports a $1.483 billion portfolio valuation, down 4.3% due to cap rate shifts, while suspending its Q2 distribution to safeguard liquidity amid ongoing hospital asset due diligence.

Xanadu Mines has announced that Bastion Mining’s takeover offer is now unconditional, with key shareholders Zijin and CAAF Ltd accepting the bid and the offer period extended to mid-July.

Treasury Wine Estates has secured Supreme Court approval for a $65 million settlement of a consolidated shareholder class action, allowing the company to focus on its strategic goals without admitting liability.

BlinkLab Limited has responded to an ASX query regarding recent unusual trading activity, confirming no undisclosed material information exists and highlighting pending ADHD diagnostic results expected later this year.

Eildon Capital Group has announced the reactivation of its Dividend and Distribution Reinvestment Plan (DRP) for the upcoming half-year distribution, offering securityholders a cost-free way to reinvest dividends into additional securities.

Cardiex Limited has successfully raised $4.1 million through a fully underwritten entitlement offer, bringing total funds raised to $6.5 million including a recent institutional placement. The offer saw strong participation from directors and key shareholders, with new shares set to be issued imminently.

archTIS Limited addresses ASX concerns over a sharp rise in its share price, linking the movement to recent contract wins in major defence markets and ongoing acquisition talks in the US.

Eureka Group Holdings has appointed Simon Owen as Managing Director, consolidating his leadership role after serving as CEO since September 2024. The move signals confidence in his vision for growth in the property and rental sectors.

Biotron Limited has completed the initial safety phase of its lead Hepatitis B drug in animal studies, paving the way for efficacy testing in two distinct mouse models. This milestone marks a significant step forward in the company’s antiviral drug development program.

DTI Group has successfully closed a fully underwritten entitlement offer, raising $2.69 million to support its transit technology ambitions. The offer saw strong shareholder participation alongside a managed shortfall placement.

Adherium Limited has announced an accelerated non-renounceable entitlement offer to raise approximately A$4 million, issuing new shares and options to fund expansion and product development. The offer includes a Top-Up Facility and is partially underwritten, signaling a strategic push to scale its respiratory monitoring technology.

Bastion Mining has surpassed the critical 50.1% ownership threshold in Xanadu Mines, removing key conditions from its takeover bid and declaring the offer unconditional.