Latest Market Conditions News

Washington H. Soul Pattinson and Brickworks have announced a conditional placement of 14 million Topco shares and a concurrent repurchase of up to $450 million in convertible notes, setting the stage for their upcoming merger.

GR Engineering Services Limited has announced the launch of a Dividend Reinvestment Plan (DRP) starting with its FY25 final dividend, offering shareholders a cost-free way to reinvest dividends into additional shares.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Eildon Capital Group has revealed a significant loan repayment default by Kings Investment, alongside a cautious outlook for its FY25 financials amid a sluggish Melbourne property market.

Vanguard Investments Australia has announced estimated distribution amounts for a broad range of its ETFs, alongside key dates for July 2025. Investors can now anticipate income details and plan for upcoming payments across multiple funds.

IAG has revised its FY25 financial guidance upward, citing a $200 million reduction in expected natural perils costs, including significant claims from recent NSW floods. This update lifts profit and margin forecasts amid steady premium growth.

BlackRock Investment Management (Australia) Limited has announced the final cash distribution amounts for over 50 Australian-listed iShares ETFs, detailing key dates and investor options for reinvestment or cash payments.

Santana Minerals has released an updated Pre-Feasibility Study for its Bendigo-Ophir Gold Project, showcasing robust economics with a 13.8-year mine life and strong production profile. The study highlights significant capital efficiency improvements and a refined mining strategy.

BlackRock Investment Management (Australia) Limited has announced the final confirmed cash distributions for nine Australian domiciled iShares ETFs, outlining key dates and investor requirements.

InvestSMART Funds Management has updated the Distribution Reinvestment Plan rules for the Intelligent Investor Equity Growth Fund Active ETF, effective July 1, 2025, enhancing unitholder flexibility and fund capital management.

Tigers Realm Coal’s ongoing efforts to divest its Russian mining assets have hit a significant impasse amid geopolitical tensions, regulatory hurdles, and a stalled sale agreement, leaving the company suspended from ASX trading.

Qualitas Real Estate Income Fund (QRI) announced a June 2025 distribution of 1.0664 cents per unit, translating to an annualized return of 8.11% based on forecast net tangible assets. The fund continues to focus on delivering steady income through Australian real estate loans secured by mortgages.