Latest Market Conditions News

Shriro Holdings has reversed its plan to delist from the ASX and scrap a $5 million share buy-back, now considering a special dividend to reward shareholders.

Monadelphous Group Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.39 per share and setting the Dividend Reinvestment Plan price at AUD 21.49. The dividend relates to the six months ending June 2025, with payments scheduled for late September.

Thrive Tribe Technologies is raising up to A$618,736 through a discounted entitlement offer to existing shareholders in Australia, New Zealand, and Malaysia. The capital raise aims to bolster working capital and cover offer expenses.

Reece Limited has announced an off-market share buy-back targeting $250 million, with flexibility up to $400 million, offering shareholders a premium price range between $11.00 and $13.00 per share. This move aims to return excess capital while preserving financial flexibility for future growth.

Barton Gold Holdings has been added to the S&P Dow Jones ASX All Ordinaries Index, marking its rise among Australia's top 500 companies. The company is accelerating development of its South Australian gold projects, targeting significant production milestones by 2026.

Prodigy Gold NL is proposing a significant 1-for-20 share consolidation aimed at streamlining its capital structure and enhancing its share price attractiveness ahead of its upcoming AGM.

Resouro Strategic Metals has amended its private placement terms, aiming to raise CAD 3 million to fund engineering work for its Tiros Titanium-Rare Earths Project in Brazil.

Lightning Minerals has initiated a 1,300m diamond drilling campaign at its newly acquired Mt Turner project in Queensland, targeting high-grade gold and silver mineralisation along the Drummer Fault.

Midas Minerals has raised $11.5 million through a strongly supported placement to fund its acquisition and exploration efforts at the Otavi Copper Project in Namibia.

Battery Age Minerals Limited has launched an offer of up to 29 million quoted options following a $3 million placement, aiming to support exploration projects in Austria and Argentina while managing shareholder dilution.

Robex Resources has moved up the expiry date of its 2024 Warrants to October 2025 after its share price hit a key threshold, potentially unlocking C$147 million to fund its Kiniero Gold Project in Guinea.

Sequoia Financial Group has announced the reinstatement of its on-market share buy-back program, aiming to repurchase up to 10% of its shares over the next year to boost shareholder value.