Latest Asx News

Universal Biosensors Inc. has been suspended from ASX trading following the appointment of voluntary administrators, highlighting serious financial distress within the company.

Cannindah Resources Limited has had its trading suspension lifted immediately following the release of a capital raising announcement, signaling renewed market activity.

Cannindah Resources announces the resignation of Managing Director Tom Pickett and appoints Cam Switzer as Interim CEO, signaling a new phase for the Mt Cannindah copper and gold project.

Cannindah Resources Limited has announced a fully underwritten non-renounceable rights issue to raise approximately $4.55 million at a 21% discount, aiming to fund exploration at its flagship Mt Cannindah Copper-Gold Project and strengthen working capital.

Cannindah Resources launches a fully underwritten $4.5 million entitlement offer to fund accelerated drilling at its Mt Cannindah copper-gold deposit, aiming to expand its 14.5Mt resource and explore new Tier-1 porphyry targets.

Centaurus Metals Limited has opened a Share Purchase Plan (SPP) to raise up to AUD 3 million by offering shares at a 20% discount, accompanied by free attaching options. This initiative complements a recent $20 million placement to institutional investors and aims to fund key nickel and copper projects in Brazil.

Centaurus Metals has launched a $3 million Share Purchase Plan as part of a broader $23 million capital raising, offering existing shareholders a chance to invest alongside institutions at discounted terms.

WAM Income Maximiser has outperformed its benchmark since its April 2025 IPO, delivering solid capital growth and initiating fully franked dividends, while trading at a premium to net tangible assets.

Axel REE Limited has announced a maiden inferred gallium mineral resource of 100 million tonnes at its Caladão Project in Brazil, marking a significant milestone in critical minerals exploration amid global supply constraints.

Morphic Ethical Equities Fund Limited reported a strong turnaround in FY2025 with a $5.44 million net profit and portfolio returns surpassing its benchmark, while continuing aggressive share buybacks despite withholding dividends.

WAM Income Maximiser Limited has reported a profitable first half since its April 2025 IPO, declaring its inaugural fully franked monthly dividend and setting guidance for dividend growth. The company’s diversified portfolio of ASX300 equities and investment grade corporate debt has delivered promising returns, underpinning its income and capital growth objectives.

The ASX has suspended the securities of 36 companies for failing to pay their annual listing fees by the August 21 deadline, with a looming delisting threat if fees remain unpaid by August 28.