Latest Asx News

Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.

InteliCare (ASX:ICR) is hitting a commercial inflection point, backed by a landmark $8.8 million contract with mecwacare and a growing pipeline across aged care sectors. Its AI-powered platform promises measurable improvements in care outcomes and operational efficiency.

Meridian Energy secures long-term operational certainty for its flagship Waitaki Power Scheme, maintaining generation capacity and storage with a focus on biodiversity enhancements.

Finbar Group has wrapped up its $114 million Bel-Air Apartments development in Belmont with titles issued and settlements set to begin late June. The company maintains its FY26 net profit guidance between $18 million and $22 million despite some settlement timing uncertainty.

Charter Hall Social Infrastructure REIT (CQE) has acquired a 25% interest in a $53 million Brisbane pathology lab leased to Sonic Healthcare under a 20-year triple-net lease, while divesting early learning assets and reaffirming FY26 guidance.

Qube Holdings has postponed its second court hearing for the $5.20-per-share takeover by Rubik Australia, awaiting key regulatory approvals. The company plans to proceed with shareholder meetings and intends to pay a fully franked special dividend if the scheme proceeds.

Emmerson Resources shareholders have overwhelmingly approved Pan African Resources’ takeover scheme, clearing a key hurdle ahead of court approval and scheme implementation slated for July.

LTR Pharma has confirmed it disclosed a binding US commercialisation agreement for ROXUS promptly after signing, responding to ASX scrutiny over pre-announcement trading activity.

Australian Strategic Materials (ASM) confirms the Independent Expert’s continued support for Energy Fuels’ acquisition scheme, despite a notable decline in Energy Fuels’ share price. ASM directors remain unanimously in favour as scheme meetings approach.

FBR Ltd is set to slash its share count by consolidating every 50 securities into one, impacting ordinary shares, performance rights, and options. The move awaits shareholder approval with critical milestones scheduled throughout July 2026.

The Federal Court of Australia has approved IsoEnergy's acquisition of Toro Energy, setting the stage for Toro's shares to be suspended and the deal to complete later this month.

PathKey.AI (ASX:PKY) confirmed no undisclosed price-sensitive information amid a recent jump in its share price and trading volume, attributing the move to prior announcements and investor interest in AI opportunities.