Latest Competition News

Bell Financial Group has announced a fully franked ordinary dividend of AUD 0.04 per share for the six months ending December 2024, signaling steady shareholder returns.

Bell Financial Group reported a robust 26.4% increase in profit after tax to $30.7 million for 2024, underpinned by strong performances across all divisions and a declared fully franked final dividend of 4.0 cents per share. The Group is actively pursuing growth through acquisitions and strategic account transfers, positioning itself for a cautiously optimistic 2025.

5G Networks Limited has closed its on-market takeover offer for AuCyber Limited, acquiring an 89.685% stake but falling short of the 90% threshold needed for compulsory acquisition.

SRG Global Limited has announced a fully franked ordinary dividend of AUD 0.025 per share, reflecting steady profitability for the half-year ending December 2024.

Humm Group Limited has reported a remarkable 119% increase in cash profit after tax for the half-year ended December 31, 2024, alongside improved capital efficiency and reduced operating expenses. The company declared a fully franked interim dividend, underscoring its strengthened financial position.

Aerometrex has appointed Robert Veitch as Acting CEO following Steve Masters' resignation, signaling a strategic push to accelerate revenue and profitability.

humm Group Limited has reported a strong turnaround with a $27.3 million net profit for the half-year ended December 2024, reversing last year’s loss and announcing a higher fully franked interim dividend.

NAOS Small Cap Opportunities Company Limited reveals that BSA Limited, a significant investee, was not selected for the new NBN Field Services Contract, potentially impacting NAOS’s investment returns.

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

Evion Group NL has announced a pro-rata non-renounceable entitlement issue of over 219 million New Options to raise approximately $659,000. The capital will support key development and feasibility initiatives in Madagascar and India, underscoring the company's strategic growth ambitions amid inherent investment risks.

BSA Limited has been verbally informed by NBN Co that it is unlikely to secure the new Field Services Contract, a deal that accounted for about 80% of its FY2024 revenue. The company is now evaluating strategic options amid this significant setback.

Provaris Energy has launched a capital-lite revenue model designed to generate early cash flow with minimal capital expenditure, alongside securing a major hydrogen supply agreement with Uniper Global Commodities. The company targets first hydrogen deliveries by early 2029, advancing its position in Europe's hydrogen supply chain.