Latest Financials News

Liontown Resources has successfully ramped up production at its Kathleen Valley Lithium Operation, marking a milestone as Australia’s first underground lithium mine begins ahead of schedule. The company reports strong operational and financial performance amid robust lithium demand.

Mirrabooka Investments Limited has launched a $85 million non-renounceable entitlement offer at $3.06 per share, inviting eligible shareholders to increase their holdings with a top-up facility. The offer aims to bolster the company’s investment capacity amid evolving market conditions.

Brightstar Resources has locked in a US$11.5 million revolving finance facility with Ocean Partners, bolstering working capital to fuel production expansion and exploration across its Western Australian gold projects in 2025.

Magellan Financial Group’s assets under management fell to A$38.5 billion in April, reflecting $1 billion in net outflows, even as it expanded its portfolio with a new Vinva fund.

Mirrabooka Investments Limited has announced a 1-for-7 entitlement offer priced at $3.06 per share, aiming to raise approximately $85 million to capitalize on emerging investment opportunities.

Dropsuite secures Foreign Investment Review Board approval for its acquisition by NinjaOne, clearing a major regulatory hurdle ahead of the upcoming shareholder vote. Meanwhile, ASIC grants an extension for Dropsuite’s 2025 AGM, reflecting the pending transaction timeline.

James Hardie Industries plc has entered a definitive merger agreement to acquire The AZEK Company Inc. in a $7.8 billion deal, creating a combined leader in outdoor living and home exteriors. The transaction, expected to close in the second half of 2025, will see AZEK stockholders owning approximately 26% of the combined company.

Southern Cross Media Group reports robust audio revenue growth exceeding expectations and signals a return to dividends for FY25, underpinned by disciplined cost management.

EZZ Life Science Holdings Limited has announced a fully franked ordinary dividend of AUD 0.02 per share for the six months ending December 2024, signaling steady returns for shareholders.

Wellnex Life Limited announces key board and management changes following its successful AIM Market dual listing, including the resignation of its Non-Executive Chairman and appointment of a joint CEO to drive growth.

Inghams Group Limited confirms its FY25 outlook with a slight decline in core poultry volumes offset by modest price increases and new business gains.

Vinyl Group Ltd has raised $1.21 million through the exercise of options by key investors, eliminating all convertible notes and strengthening its balance sheet.