Latest Derivatives News

DeSoto Resources has initiated diamond drilling at its 100%-owned Fenton South Au-Cu Project in the Northern Territory, targeting a large, untested geophysical anomaly. The company also prepares to begin drilling at its fully permitted Spectrum Project, aiming to unlock multiple high-priority mineralisation targets.

Macquarie Group Limited has announced an ordinary dividend of AUD 1.4663 per security for its perpetual capital notes, payable in June 2025 with partial franking.

Macquarie Bank Limited reported an 18% rise in net profit for FY2025, driven by growth in its retail banking segment despite margin pressures, while its commodities business faced subdued markets. The bank maintained strong capital ratios and advanced its risk and technology frameworks amid regulatory scrutiny.

SciDev Limited reported a robust Q3 FY25 with revenue rising 10% and EBITDA tripling, driven by strategic US market expansion and a landmark PFAS remediation contract despite ongoing market challenges.

Astral Resources has restated its Spargoville Gold Project resource following its Maximus takeover, consolidating its group gold mineral resource to 1.76 million ounces. The update aligns Spargoville’s estimate with Mandilla’s economic assumptions, setting the stage for upcoming development.

Ampol Limited has unveiled its 2025 strategic roadmap focusing on refinery upgrades, retail expansion, and energy transition initiatives, aiming to boost margins and operational efficiency.

Sigma Healthcare’s recent merger with Chemist Warehouse Group is delivering strong earnings growth, with Normalised EBIT rising 36% in the first half of FY25. Transaction costs remain significant but the combined group’s outlook appears robust.

Bio-Gene Technology Limited is progressing its development of two novel insecticidal compounds, Qcide and Flavocide, targeting major global markets with strong commercial validation and significant US Department of Defense funding.

Neurotech International has reported excellent safety and tolerability for its lead drug NTI164 in 28-day GLP toxicology studies, paving the way for regulatory submissions and longer-term clinical development.

XPON Technologies Group has acquired Alpha Digital for $1.72 million upfront plus performance earn-ins, immediately adding $4 million in recurring revenue and fast-tracking its path to profitability.

Next Science Limited has successfully had a derivative complaint dismissed in Florida, while continuing legal action against former employees for breach of post-employment restraints.

Advance Metals Limited has commenced its inaugural drilling program at the high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, aiming to unlock significant value from its substantial silver-gold mineralisation.