Latest Competition News

PointsBet Holdings has received a confidential acquisition proposal from Betr Entertainment, prompting a careful evaluation by its Board while reaffirming support for the existing MIXI Scheme.

High-Tech Metals Limited has raised $1.26 million through a share placement backed by a cornerstone investment from Ragnar Metals, which now gains board representation. This capital injection aims to accelerate exploration activities across HTM’s project portfolio.

Codeifai Limited has raised $250,000 through unsecured convertible loans, positioning the company to accelerate platform development and marketing ahead of its upcoming AGM.

Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.

Forbidden Foods Limited has reported a remarkable 218% increase in April invoiced sales, driven by robust ecommerce growth and the recent integration of Oat Milk Goodness. The company is on track to surpass $4 million in annual sales, signaling strong momentum in the health and wellness FMCG sector.

Ausmon Resources has initiated a focused Aircore drilling campaign across four tenements in South Australia's Limestone Coast, aiming to expand on promising rare earth element findings from prior programs.

Galan Lithium Limited has launched a $4 million Share Purchase Plan for existing shareholders following a $13 million institutional placement, aiming to bolster its capital base at a consistent share price of $0.11.

Vmoto Limited reported a 16% decline in total unit sales for 1Q25, offset by a strong cash position and strategic investments in e-mobility solutions and production capacity.

WiseTech Global has confirmed its participation in the strategic review process initiated by US-based e2open, amid media speculation of a potential acquisition. While discussions remain preliminary with no certainty of a deal, the move aligns with WiseTech’s ongoing acquisition-driven growth strategy.

BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.

Judo Capital Holdings updates its FY25 outlook, reporting stable margins and operational progress but slowing loan growth due to market uncertainties and higher provisioning.

Nuchev Limited has entered an exclusive sales agency agreement with Brauer Natural Medicines and H&S Brand Corporation, expanding its footprint in Australia's natural and complementary medicines sector. The deal covers key brands including Brauer, Skin Physics, and Rapid Loss, with potential for broader ANZ distribution.