Latest Asx News

Arafura Rare Earths has successfully completed the first tranche of its A$80 million capital raising, issuing 369.6 million new shares and securing A$70.2 million before costs. The remaining tranche awaits shareholder approval.

Novomatic AG has terminated its proposed scheme for acquiring Ainsworth Game Technology but continues its unconditional $1.00 per share cash offer, which retains unanimous board support.

Goodman Group has confirmed the dispatch of its 15.00 cents per stapled security distribution for the first half of 2025, maintaining its steady income stream for investors.

WAM Active Limited reported a robust 26.4% increase in its investment portfolio for FY2025, significantly outperforming key benchmarks, while maintaining its fully franked dividend at 6.0 cents per share.

Elanor Commercial Property Fund reported a statutory loss for FY25 but delivered a 6.9% rise in Funds from Operations, while rejecting an unsolicited takeover offer from the Lederer Group.

WAM Active Limited reported a robust FY2025 with a 26.4% investment portfolio gain and a steady fully franked dividend of 6.0 cents per share, underscoring its active management approach amid evolving market conditions.

Starpharma reports a significant 183% jump in FY25 revenue to $4.9 million, alongside a 31% reduction in losses and a solid cash position of $15.4 million. The biotech firm’s progress underscores growing momentum in its dendrimer technology pipeline.

Gateway Mining Limited's trading suspension has been lifted following the release of new exploration results from its Yandal Gold Project, reopening market access for investors.

Gateway Mining has identified approximately 90 kilometres of previously untested shear zones at its Yandal Gold Project in Western Australia, setting the stage for significant new gold exploration. The company plans major drilling campaigns in the coming months to unlock this potential.

FMR Resources has awarded a drilling contract to Big Bear Drilling for a maiden 4,000-metre diamond drilling campaign targeting a large copper porphyry system in Chile’s Llahuin Project. The program aims to unlock the potential of four high-priority targets using advanced directional drilling techniques.

WAM Active Limited has announced a fully franked ordinary dividend of AUD 0.03 per share for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan with no discount.

QX Resources has acquired 100% of the Madaba Uranium Project in Tanzania, a site with promising historical uranium grades, and is raising $2.3 million to advance exploration and development.