Latest Market News

Bastion Pte. Mining Ltd has secured an 86.8% interest in Xanadu Mines, prompting the board to recommend shareholders accept the takeover offer ahead of its extended July 29 closing date.

StepChange Holdings Limited has initiated an initial public offering to raise up to $15 million, aiming to acquire StepChange Consultants Pty Ltd, a prominent SAP ERP consulting firm. The move positions the company to capitalize on the expanding IT services market in Australia and New Zealand.

FleetPartners has priced a A$400 million asset backed securitisation, featuring a green tranche dedicated to electric vehicle leases, marking a notable step in sustainable finance.

Viridis Mining and Minerals is set to reveal key findings from its Pre-Feasibility Study on the Colossus Rare Earth Element Project, highlighting its global significance and strong economic potential.

Betashares Capital Ltd has released the estimated annual distribution components for its S&P/ASX Australian Technology ETF (ATEC) for the 2024-25 financial year, highlighting a nuanced mix of income types and tax adjustments under the AMIT regime.

Sports Entertainment Group (SEG) is set to become the sole broadcaster of all three Victorian racing codes after agreeing to acquire RSN’s brand and broadcasting assets for $3.25 million.

DroneShield Limited has landed a significant $11.7 million follow-on research contract from a Five Eyes Department of Defence customer, marking its fourth award from this strategic alliance.

Betashares Capital Ltd has released the estimated annual distribution breakdown for its Global Income Leaders ETF (INCM) for the 2024-25 financial year, highlighting significant foreign income and capital gains components.

Betashares Capital Ltd has announced that its Global Gold Miners Currency Hedged ETF (ASX – MNRS) will distribute 100% of its estimated annual payout as a return of capital for the financial year ending June 2025. This unusual distribution structure raises important considerations for investors regarding tax treatment and fund valuation.

Australian Agricultural Projects Limited has completed its 2025 olive oil harvest, producing a record 752,600 litres with improved oil quality, despite weather challenges.

Clean Seas Seafood shareholders have voted to approve Yumbah Aquaculture’s acquisition scheme, setting the stage for delisting and a significant ownership change. The deal offers shareholders a cash option or a scrip alternative, with expert backing and board endorsement.

Betashares Capital Ltd has released the estimated annual distribution breakdown for its S&P 500 Equal Weight Currency Hedged ETF (ASX, HQUS), highlighting a substantial 317% attributed distribution for the 2024-25 financial year.