Latest Market Positioning News

The ACCC has issued a preliminary Statement of Issues regarding Elders Limited’s proposed acquisition of Delta Agribusiness, signaling potential competition challenges that could affect the deal’s timeline.

Select Harvests Limited has reported a remarkable turnaround with a $28.7 million profit in the first half of FY2025, buoyed by higher almond prices and improved operational efficiency. The company also secured $240 million in refinancing, positioning itself for future growth despite a slightly reduced almond crop forecast.

Aroa Biosurgery has reported FY25 results that exceed revenue guidance and deliver a positive normalised EBITDA, setting the stage for ambitious growth and reimbursement expansion in FY26.

ikeGPS Group Limited (IKE) reported a robust FY25 with 19% revenue growth driven by subscription gains and improved margins, setting the stage for EBITDA break-even in FY26 H2 amid strong North American market demand.

Aston Minerals and Torque Metals have secured court approval for their merger schemes, setting the stage for a significant consolidation in the mining sector. Trading of Aston Minerals shares will be suspended from May 29 as the merger moves toward implementation.

UOA Development Bhd reported a striking surge in first quarter 2025 revenue and profit, driven by strong sales and ongoing project progress. The company’s robust unbilled sales pipeline signals sustained growth ahead.

Talius Group Limited has secured shareholder approval to consolidate its shares on a 10-for-1 basis, aiming to better align its capital structure with industry peers. The move affects all ordinary shares and performance rights, effective June 4, 2025.

RAS Technology Holdings has boosted its annualised recurring revenue to $21.1 million, driven by strategic acquisitions and a flurry of new contracts. The company’s expanding global footprint signals strong momentum heading into FY26.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Victory Metals Limited has raised $4 million in a placement supported by top shareholders and company leadership, aiming to fast-track the Pre-Feasibility Study and development of its flagship North Stanmore Heavy Rare Earth Project in Western Australia.

NoviqTech and Livium have partnered to digitise and tokenise the environmental benefits of battery recycling, aiming to enhance transparency and compliance in the critical minerals supply chain.

Ovanti Limited updates shareholders on ongoing CEO recruitment for its US BNPL division and delays in selling its 21% stake in IDSB, highlighting strategic flexibility amid uncertain timelines.