Latest Investment News

AVJennings Limited has officially been acquired by Proprium Capital Partners through a scheme of arrangement, triggering a special dividend payout and the company’s imminent delisting from the ASX.

Bell Financial Group reported a 44% drop in half-year net profit to $9.3 million, driven by a sharp decline in broking revenues, while its Technology & Platforms and Products & Services divisions delivered robust growth.

Bell Financial Group reported a sharp 44% drop in half-year profit to $9.3 million, citing market volatility impacting its broking segment. The company also trimmed its interim dividend to 3 cents per share, down from 4 cents.

Lucapa Diamond Company has entered a binding Deed of Company Arrangement with Dubai-based Gaston International, proposing full creditor repayment and a partial shareholder return above recent share prices. Creditors will vote on the plan on 20 August 2025.

WAM Capital Limited outperformed key ASX indices with a 22.2% portfolio increase in FY2025, declaring a strong 15.5 cents per share dividend that yields 9.1%.

HiTech Group has reported a solid 7.1% revenue increase for FY2025, driven by strong government sector demand for ICT talent and services, alongside a 10% rise in net profit after tax.

WAM Capital Limited reported a robust 22.2% investment portfolio return for FY2025, outperforming key ASX benchmarks and maintaining its full-year dividend at 15.5 cents per share with a 10% yield.

Servcorp Limited reported a landmark FY25 with revenue up 11% to $352.1 million and net profit after tax rising 36% to $53.1 million, driven by disciplined execution and strategic global expansion.

Centaurus Metals has raised $23 million through an institutional placement and share purchase plan to advance its Jaguar Nickel Sulphide Project in Brazil towards a Final Investment Decision in early 2026.

Red Mountain Mining Ltd has announced a pro-rata non-renounceable entitlement issue of RMXO Options priced at $0.001 each, aiming to raise up to $193,499 to support its working capital needs. The offer, exercisable at $0.02 until May 2027, carries notable risks including dilution and going concern uncertainties.

Pro Medicus Limited reports a record-breaking year with $520 million in new contracts and a surge in cloud adoption, setting the stage for continued growth. The company also advances its AI and cardiology offerings, reinforcing its market position.

Carnegie Clean Energy launches a $3 million Share Purchase Plan to fuel commercialisation of its wave and MoorPower technologies, capitalising on growing global momentum in ocean energy.