Latest Asx News

EVT Limited has responded to ASX inquiries confirming its FY25 earnings were broadly in line with market forecasts, despite a notable post-results share price decline.

Platinum Asset Management reveals a sharp 86% drop in statutory net profit and a 39% plunge in funds under management for FY25, prompting a cancellation of the final dividend.

Codan Limited has clarified that its FY25 financial results aligned closely with market forecasts despite a notable share price jump following its earnings release. The company detailed its compliance with ASX disclosure rules and attributed the price movement to broader macroeconomic factors.

SPC Global Holdings has transitioned its senior lending from Scottish Pacific to Commonwealth Bank, securing $134 million in debt financing and anticipating $3 million in annual interest savings.

Golden State Mining has raised $1.5 million through a strategic share placement to fund its gold exploration projects and potential acquisitions, alongside notable board changes signaling a new chapter for the company.

Metgasco's Production Uplift Program has successfully increased raw gas production at the Odin and Vali fields to 2.9 million cubic feet per day through effective scale removal, with Phase 2 operations set to begin in September.

ClearVue Technologies has announced a comprehensive strategic reset following a Kidder Williams review, including a refreshed board, significant cost savings, and a renewed focus on growth markets in Australia, Asia, and the Middle East.

Vintage Energy reports encouraging interim results from its Production Uplift Program at the Odin and Vali gas fields, with effective scale removal boosting gas flow rates and production. Phase 2 operations are set to continue in September, aiming to sustain and enhance output.

Nagambie Resources has amended its drilling update to include detailed economic assumptions and geological parallels with the nearby Costerfield Mine, reinforcing confidence in its Nagambie Mine project.

Atomos Ltd reported a 9% revenue decline in FY25, impacted by US tariffs and weak sales of new products, but has aggressively cut costs and revamped its strategy to fuel growth in FY26.

MA Financial Group has completed its acquisition of IP Generation, issuing over 11 million shares upfront and setting a $10.4 million deferred payment split between cash and shares.

Halo Technologies Holdings Ltd has announced a renounceable pro rata rights issue aiming to raise up to $11 million at $0.024 per share, partially underwritten by Lodge Corporate Pty Ltd. The capital raise will support the company’s UK market entry, local growth, and ongoing software development.