Latest Competition News

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.

Winsome Resources advances its lithium and cesium portfolio with a new high-grade discovery at Sirmac-Clapier and a growing stake in Power Metals’ Case Lake project, positioning itself strongly in critical minerals.

Viva Leisure has delivered record revenue and profitability in the first half of FY2025, driven by robust membership growth and technology integration, reaffirming its strategic focus on operational efficiency and cash flow generation.

Viva Leisure Limited has reported a robust increase in net profit and net tangible assets for the half-year ended December 31, 2024, alongside gaining control of multiple fitness entities and launching a dividend reinvestment plan.