Latest Market News

Black Canyon Limited reports compelling assay results from its Wandanya manganese discovery, confirming shallow, thick, and high-grade mineralisation over a 2km strike. The company plans to launch Phase 3 drilling to further define this promising resource.

Tivan Limited’s Speewah Fluorite Project has secured a $2 million second instalment from the Australian Government’s IPCM grant, boosting joint venture efforts to progress feasibility studies ahead of a final investment decision.

News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.

Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.

Prophecy International Holdings has agreed to acquire Complexica in a transformative merger, creating Complexica Group Limited, an ASX-listed AI pure play software company with enhanced scale and growth potential.

Silk Logistics Holdings Limited will be suspended from ASX trading following court approval of its acquisition by DP World Australia, marking a significant shift in the logistics sector.

SportsHero Limited has responded to ASX queries about recent unusual trading activity, confirming no undisclosed price-sensitive information and ongoing compliance with disclosure rules.

EOS has landed a landmark €71.4 million export contract for its 100kW High Energy Laser Weapon system, marking a significant advance in counter-drone defense technology amid escalating global drone warfare threats.

Key Petroleum has completed a $152,361 placement, issuing over 3.6 million shares to a sophisticated investor to support merger preparations and working capital needs.

Toys"R"Us ANZ has formalised a Deed of Company Arrangement, paving the way for Directed Electronics Australia to acquire the company and trigger its delisting from the ASX.

Silk Logistics Holdings has secured court approval for its acquisition by DP World Australia, with shares set to be suspended on the ASX and a cash payout scheduled for shareholders.

The Supreme Court of New South Wales has approved DP World Australia’s acquisition of Silk Logistics, paving the way for a $2.14 per share cash payout to Silk shareholders and imminent suspension of Silk shares on the ASX.