Latest Market Positioning News

PYC Therapeutics reported a narrowed half-year loss of $22.8 million while progressing four RNA drug candidates through clinical stages. The company announced a major $653 million capital raising to extend its cash runway to 2030 and support ongoing development.

Southern Cross Media Group announces a significant reshuffle in its executive leadership following its recent merger, with CEO Jeff Howard stepping down and a global search underway for his successor.

HiTech Group Australia Limited reported a steady half-year profit of $2.04 million for H1 FY26, maintaining a strong cash position and zero debt while navigating government spending cuts. The company declared a fully franked interim dividend of 4.5 cents per share.

The Australian Wealth Advisors Group (AWAG) reported a 46% rise in net profit before tax for the half-year ending December 2025, driven by strong growth in funds under management and strategic joint ventures.

Dragon Mountain Gold has responded to an ASX price query following a doubling of its share price, confirming no undisclosed information is driving the move and affirming compliance with listing rules.

Nickel Industries reported a reduced loss after tax of $41.2 million for 2025, underpinned by steady production and strategic progress on its ENC HPAL project and sustainability initiatives.

Gryphon Capital Income Trust (ASX:GCI) has announced a $90.9 million wholesale placement of new units priced at $2.00 each, aiming to bolster its portfolio management capabilities. The placement leverages existing capacity, avoiding the need for unitholder approval.

Stellar Resources has announced a significant 41% increase in the Queen Hill Mineral Resource Estimate, pushing the total contained tin at its Heemskirk Tin Project beyond 100,000 tonnes. This milestone underscores the project’s status as Australia’s highest-grade undeveloped tin resource.

WAM Active Limited has successfully closed an oversubscribed entitlement offer, raising $70.7 million and increasing its asset base by over 84%, enhancing liquidity and market presence.

GR Engineering Services has been named preferred contractor for the $225 million Tower Hill Gold Project near Leonora, marking a significant milestone in its mining sector portfolio.

Tinybeans Group announces a leadership reshuffle with Tracy Cho as Interim CEO and Rebecca White joining the Board, sharpening its focus on expanding in the lucrative U.S. family market.

Coronado Global Resources announces the resignation of CEO Douglas Thompson, triggering a leadership reshuffle including interim appointments and a shift in executive roles.