Latest Market News

HomeCo Daily Needs REIT posted solid FY25 results with growth in funds from operations and distributions per unit, underpinned by strong portfolio valuation and operational metrics. The REIT’s FY26 guidance signals continued growth supported by a robust development pipeline and disciplined capital management.

HomeCo Daily Needs REIT reported a robust financial year ending June 2025, with profit after tax soaring 205% to $250.3 million and steady distributions maintained. The REIT’s portfolio value and operational metrics reflect a resilient strategy in metro-located retail assets.

Pacific Smiles Group Limited reported a sharp 75.5% drop in statutory profit for FY 2025 due to one-off takeover expenses, yet underlying profit surged 38.6% on solid revenue growth and operational improvements.

Citigroup Global Markets Australia has announced a fully franked dividend of AUD 2.2675 for RIO CitiFirst Self-Funding Instalment MINI warrants, aligning key dates with RIO ordinary shares.

BKI Investment Company Limited has updated its dividend announcement, confirming a fully franked 4 cent per share payout for the half-year ending June 2025, alongside details of its Dividend Reinvestment Plan pricing.

EcoGraf Limited reveals a major breakthrough in its HFfree® graphite purification technology, cutting operating costs by 25% and projecting a US$282 million NPV for its initial 25,000 tonnes per annum facility. This positions the company as a competitive, eco-friendly supplier amid rising global demand and geopolitical shifts in battery materials.

Eildon Capital Group has entered a joint venture to acquire a large sandalwood plantation in Queensland’s Burdekin Irrigation District, while unveiling a strategic update to its operating model aimed at driving disciplined growth and enhanced returns.

Altitude Minerals has completed a $500,000 capital raise to fund targeted drilling and exploration of heavy mineral sands in South Australia and New South Wales, advancing its Eromanga Basin project.

OzAurum Resources reveals that Line Hydrogen, the firm contracted for its Mulgabbie North Heap Leach Feasibility Study, has entered voluntary administration, casting uncertainty over the project’s progress.

G11 Resources has announced a proposed acquisition of Pacific State Metals, adding highly prospective copper and gold projects in Tasmania and New South Wales to its portfolio. The deal includes a significant share issuance and a planned share consolidation, pending shareholder approval.

Great Divide Mining disputes Adelong Gold’s claim that their joint venture’s first annual programme and budget were not approved, setting the stage for a potential legal showdown.

Platinum Asia Investments Limited has updated the ex-date and record date for its special dividend, pending court approval scheduled for mid-August. The dividend payment is set for September, with currency options and final amounts to be confirmed.