Latest Market Positioning News

Critica Limited has appointed DRA Global to lead a Scoping Study for an underground, ESG-driven development of its Mt Lindsay Tin-Tungsten Project, marking a strategic pivot from open pit mining amid rising commodity prices and strong government backing.

Magellan Asset Management is shifting its flagship MGOC ETF to a new systematic equity strategy managed by Vinva Investment Management, slashing fees and eliminating performance charges.

ALS Limited has detected a malicious cyber attack that temporarily disrupted parts of its operations. The company is actively investigating the incident and working with authorities while restoring affected systems.

NH3 Clean Energy’s WAH2 Clean Ammonia Project has been granted Federal Major Project Status, accelerating government approvals and supporting a Final Investment Decision by end 2026.

Emyria Limited reported $1.2 million in revenue for the March quarter, driven by insurer-funded clinics and strong clinical outcomes in PTSD treatment. The company is advancing its national clinic rollout, including new sites in Victoria and New South Wales, while launching a global partnership program targeting international drug sponsors.

The Lottery Corporation has locked in a 40-year extension of its Victorian Public Lottery Licence to 2068, paying a $1.145 billion upfront premium funded by debt and revising its dividend policy to distribute 80-100% of NPATA from FY27.

Ardea Resources’ Kalgoorlie Nickel Project’s Goongarrie Hub has been named in the Australia-Japan joint statement on critical minerals cooperation, highlighting its role in securing resilient nickel-cobalt supply chains backed by government support.

Murray Cod Australia (ASX:MCA) is raising $18.6 million through a fully underwritten entitlement offer at a steep 43% discount to last price, aiming to convert its record 3,700-tonne biomass into sales and expand processing capacity.

Navigator Global Investments (ASX: NGI) is acquiring a US$195 million portfolio of Net Revenue Share interests from Stable Asset Management, broadening its alternative asset manager ecosystem and raising A$145 million via a fully underwritten entitlement offer.

Athena Resources is raising $3.5 million through a discounted share placement backed by major investors to fast-track drilling and feasibility at its Narryer magnetite project.

Nuix has appointed John Ruthven as its permanent CEO and Managing Director, ending a global search and signalling leadership continuity following his interim role since November 2025.

Eagers Automotive has finalized its majority acquisition of CanadaOne Auto, positioning itself among the world’s largest automotive retail groups with combined pro-forma revenue nearing A$19 billion.