Latest Market Positioning News

Australian Rare Earths (ASX, AR3) has responded to an ASX price query, denying any undisclosed price-sensitive information and attributing recent trading activity to sector interest and recent company announcements.

PointsBet Holdings has received an unsolicited all-scrip takeover offer from Betr Entertainment valuing its shares at $1.03, but the board advises shareholders to hold off action while backing a superior $1.20 cash offer from MIXI.

Little Green Pharma reported a robust June 2025 quarter with record cash receipts and expanding European footprint, highlighted by a new production capacity in Denmark and the launch of its CherryCo brand in Germany.

Mirrabooka Investments reports a 26% drop in net profit for FY25 but maintains its fully franked dividend, supported by a significant $85 million capital raise. The fund’s portfolio return lags the benchmark amid sector headwinds, yet long-term performance remains robust.

Santos Limited reported robust operational and financial results for Q2 2025, driven by solid production and cash flow, while its flagship Barossa LNG and Pikka projects advance on schedule. The company also navigates flood impacts and a notable acquisition proposal.

IDT Australia has signed a memorandum with NASDAQ-listed Gelteq to establish a dedicated gel-based product manufacturing facility, marking a strategic expansion in pharmaceutical delivery technologies.

MLG Oz Limited has locked in a new two-year contract with Fortescue subsidiaries to provide crushing and screening services at multiple Western Australian mine sites, reinforcing its foothold in the mining services sector.

PIES Holding Co and Activeport Group have launched a strategic joint venture to integrate AI-driven low-code/no-code tools with advanced network orchestration software, aiming to transform telecommunications and data centre operations globally.

betr Entertainment has unveiled an all-scrip takeover bid for PointsBet, offering shareholders 3.81 betr shares per PointsBet share, valuing the offer above a competing cash bid and promising significant cost synergies.

Australian Vintage Ltd is accelerating its inventory reduction by exiting the Millewa Vineyard lease early, unlocking over $8 million in net cash flow benefits and reshaping its grape sourcing strategy.

Alliance Nickel has strengthened its financial position with an additional A$1.2 million unsecured loan and extended existing facilities, while reaffirming the commercial viability of its NiWest Nickel-Cobalt Project through a comprehensive Definitive Feasibility Study.

Vection Technologies has secured a $0.5 million extension order from a new department within an existing Defence customer, opening doors to a $27 million budget pipeline over three years.