Latest Market Dynamics News

New World Resources and Central Asia Metals have agreed to increase their takeover offer to 6.2 cents per share, surpassing a competing bid and reshaping the acquisition landscape.

Argosy Minerals has executed a spot sales contract for 60 tonnes of high-purity lithium carbonate from its Rincon project, marking a significant step in its lithium market engagement.

Global X Management (AUS) Limited has updated the estimated distribution for its Ultra Long Nasdaq 100 Complex ETF, setting it at just over 54 cents per unit for the June 2025 period. Key dates for distribution and dividend reinvestment plan participation are now confirmed.

Sunrise Energy Metals has reported promising assay results from its latest drilling campaign at the Syerston Scandium Project, revealing multiple new zones of high-grade scandium mineralisation. These findings come as global scandium supply tightens following recent Chinese export restrictions.

Critical Resources Limited has unveiled final assay results from its 2024 drilling campaign at the Mavis Lake Lithium Project, revealing high-grade spodumene mineralisation beyond its current resource estimate and highlighting significant expansion potential.

Garda Property Group has reported a modest increase in the valuation of its industrial property portfolio, lifting the total to over $521 million ahead of its FY25 annual report.

Central Asia Metals has increased its takeover offer for New World Resources to A$0.062 per share after acquiring a significant stake, valuing the company at around A$230 million.

SunRice reported a slight decline in FY25 revenue to $1.85 billion but achieved improved profitability, driven by strategic acquisitions and operational efficiencies. The company is investing in sustainability and capacity upgrades as it pursues its 2030 Growth Strategy.

SunRice Group reported a 4% rise in net profit for FY25 alongside an 8% dividend increase, navigating inflation and currency volatility with strategic growth initiatives.

Champion Iron Limited has launched a US$450 million senior notes offering due 2032 to refinance existing debt and support corporate initiatives, signaling strategic financial repositioning.

PointsBet Holdings Limited secured shareholder approval for its proposed Scheme at the June 25 meeting, paving the way for the next phase of corporate restructuring.

HealthCo Healthcare & Wellness REIT reports a $1.483 billion portfolio valuation, down 4.3% due to cap rate shifts, while suspending its Q2 distribution to safeguard liquidity amid ongoing hospital asset due diligence.