Latest Asx News

National Australia Bank’s half year to March 2026 saw revenue climb 8.7% to $11.16 billion while net profit dropped 19.3%, hit by a $949 million accelerated software amortisation. Excluding this, cash earnings edged 2.3% higher, underpinned by strong business banking growth and cautious credit provisioning amid geopolitical uncertainty.

Botala Energy faces an ASX price query after its shares jumped from $0.055 to $0.073 amid heavy trading, prompting scrutiny over undisclosed information and continuous disclosure compliance.

Experience Co has finalised the sale of its Wild Bush Luxury portfolio for $5.1 million, using the proceeds to reduce corporate debt as it sharpens its focus on scalable adventure tourism.

IRIS Metals has completed acquisition of 87 federal mining claims in South Dakota but will not proceed with the private land component of the Ingersoll Project due to unforeseen issues. The company is reassessing options while maintaining its broader critical minerals strategy.

Jade Gas Holdings has announced the immediate resignation of CEO Christopher Newport due to personal reasons, with the board affirming ongoing focus on its Mongolian coal bed methane projects and starting a search for a successor.

Flynn Gold has offloaded its Forrestania and Lake Johnston projects to Forrestania Resources for $350,000 in shares, sharpening its focus on Tasmanian gold, tungsten, and silver ventures.

Bank of Queensland has finalised the sale of its equipment finance portfolio to Challenger for $3.62 billion, marking a pivotal step in its strategic transformation. The transaction sets the stage for potential shareholder returns through a buyback and special dividend, pending approvals.

Merino & Co. reported Q3 FY26 revenue of A$441,558 with new domestic and China purchase orders supporting its growth strategy, while cash reserves fell to A$654,282 due to investments in production and marketing.

Kina Securities has successfully closed an oversubscribed PGK 235 million subordinated bond, set to list on the PNGX Debt Market on 6 May 2026, offering a fixed 7.55% coupon over ten years.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Key Petroleum Ltd has wrapped up the last 3% tranche of its share placement, raising nearly $59,000 and exhausting its 15% ASX placement limit. The fresh capital is earmarked for asset acquisitions, development, and working capital.

The Hydration Pharmaceuticals Company Limited (ASX: HPC) temporarily halted trading to relodge its FY25 Annual Report, revealing a $2.86 million loss driven by US market rationalisation and ongoing cost-cutting.