Latest Market Volatility News

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.

Australian Ethical Investment Ltd has reported a record $13.94 billion in funds under management, driven by robust net inflows and disciplined ethical investing amid economic challenges.

Future Generation Global has reported a strong 20.8% investment portfolio return for the year ending June 2025, prompting an increase in its fully franked interim dividend to 4.0 cents per share. This marks the sixth consecutive year of dividend growth for the ASX-listed investment company.

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.

Rio Tinto reports a robust 13% year-on-year increase in copper equivalent production for Q2 2025, alongside record bauxite output and progress on key projects like Simandou and Oyu Tolgoi. The company maintains its 2025 guidance, signaling confidence in its diversified growth strategy.

Meridian Energy’s June 2025 report reveals hydro storage levels exceeding historical averages and a notable rise in retail electricity sales, despite lower generation prices. The company also signals the end of its smelter demand response agreement.

Legend Mining Limited reported a stable cash flow for the June 2025 quarter, ending with nearly AUD 11.8 million in cash and equivalents and an estimated 32.7 quarters of funding available.

Tamboran Resources has reported a record-breaking 60-day initial production flow rate of 6.8 million cubic feet per day from its Shenandoah South 2H sidetrack well in the Beetaloo Basin, underscoring its progress toward commercial gas supply for Northern Australia.

Beacon Minerals reported solid gold production of 7,365 ounces in the June quarter, maintaining steady operations at its Jaurdi Gold Project while emphasizing a strategy to retain gold bullion as a liquid asset.

MyEco Group Ltd reported an 8.6% rise in FY25 sales driven by strong growth in its global MyEco® product line and new UK retail partnerships, while navigating challenges in resin markets and US tariffs.

Bio-Gene Technology Limited has announced an offer of over 95 million Placement Options to investors and its Lead Manager, contingent on shareholder approval at an upcoming extraordinary general meeting. If exercised, these options could inject approximately $3.8 million into the company.

AVJennings shareholders have overwhelmingly approved a scheme of arrangement for a $0.655 per share cash acquisition by Proprium Capital Partners and AVID Property Group, marking a significant premium and a pivotal moment for the residential property developer.