Latest Competition News

Embelton Limited has announced a fully franked ordinary dividend of AUD 0.15 per share for the six months ending December 2024, signaling steady shareholder returns.

Embelton Limited reported a notable 25.4% decline in revenue for the half-year ended December 31, 2024, yet managed a 23% increase in net profit, underscoring effective cost controls amid a challenging construction market. The company declared an interim dividend consistent with the prior period, signaling confidence despite subdued outlook.

Prophecy International Holdings has posted a record half-year revenue of $11.6 million for H1 FY25, driven by strong demand for its AI-enabled cybersecurity and data integration products. The company’s transition to subscription models and expansion into new global markets underpin a positive outlook.

Althea Group Holdings has sharply downgraded its FY25 financial guidance, citing significant challenges in its medicinal cannabis division and the strategic withdrawal from a vape product initiative. Despite the setback, the company highlights ongoing growth in its recreational cannabis operations and a strategic refocus on capital efficiency.

Jupiter Energy Limited has extended the closing date for its General and Director Placement Offers to March 3, 2025, adjusting its capital raising timetable amid ongoing development plans in Kazakhstan.

LCL Resources has firmly dismissed recent unsolicited acquisition offers for its Colombian gold assets, reiterating its binding agreement with Tiger Gold Corp. and urging shareholders to back the pending transaction.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Global Lithium Resources announces the resignation of Executive Chair Ron Mitchell and withdrawal of Director Matthew Allen's nomination, prompting the withdrawal of several AGM resolutions and a reshuffle in proxy voting.

Pro Medicus Limited delivered a robust half-year performance ending December 2024, with after-tax profits soaring 42.7% to $51.74 million and revenues climbing 31.1% to $97.2 million, driven by significant contract wins in North America and sustained growth in Australia.

Pro Medicus Limited has reported a robust half-year financial performance for the period ending December 31, 2024, with net profit soaring 42.7% and an increased interim dividend declared.

Toys"R"Us ANZ Limited announces the immediate resignation of CEO Penny Cox, with Chair Kelly Humphreys and Executive Director Teresa Smith stepping in as interim leaders while a search for a new CEO is underway.

Advent Energy, with BPH Energy as a significant stakeholder, has launched a judicial review against the Federal Government’s refusal to extend the PEP-11 offshore petroleum permit, seeking to overturn the decision and force reconsideration.