Latest Market Reactions News

Acorn Capital Investment Fund Limited has been suspended from ASX trading due to a delayed periodic report, raising questions about its compliance and investor transparency.

Whitebark Energy Limited has issued a supplementary bidder's statement updating its $3 million capital raising and correcting share valuation details in its ongoing takeover offer for King Energy Limited.

BMG Resources has addressed ASX's query on recent share price and volume spikes, confirming no undisclosed information but highlighting imminent assay results from its Abercromby Gold Project.

Kalgoorlie Gold Mining has confirmed that its recent Lighthorse drilling results at the Pinjin project are material and justified a trading halt before public disclosure. The company received assay data in January and finalized analysis by early February.

Australian Foundation Investment Company Limited has updated its interim dividend announcement, detailing foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans. The fully franked dividend of AUD 0.12 per share is set for payment on February 25, 2025.

Miramar Resources Limited (ASX: M2R) has been suspended from ASX quotation following a trading halt due to an undisclosed market-sensitive announcement. The suspension aims to prevent disorderly trading until clarity is provided.

5G Networks Limited has raised its unconditional cash offer for AuCyber Limited shares to 13.5 cents, representing a significant premium and a compelling exit opportunity for shareholders ahead of the February 6 deadline.

5G Networks Limited has increased its on-market takeover offer for AuCyber Limited from 11 cents to 13.5 cents per share, marking its final bid ahead of the January 30 deadline.

Myer Holdings has completed its strategic acquisition of Just Group, adding five key apparel brands to its portfolio and issuing 890.5 million new shares to Premier Investments.

Elders Limited has updated its dividend announcement, confirming an ordinary dividend of AUD 0.18 per share payable in January 2025, with key dates revised from earlier guidance.

BKI Investment Company Limited has announced a fully franked ordinary dividend of AUD 0.039 per share for the half-year ending December 31, 2024, payable on February 28, 2025. The company’s Dividend Reinvestment Plan remains active, offering shareholders flexibility.

Wellard Limited has disclosed the binding sale of its last livestock vessel, the M/V Ocean Drover, for US$50 million, with plans to return the net proceeds to shareholders pending approval.