Latest Market News

Argo Investments reported a striking 79% jump in half-year profit to $130.8 million, underpinned by stronger investment income, and announced an 18.5 cents per share fully franked interim dividend.

Algorae Pharmaceuticals has secured a key Licence & Supply Agreement with Cadila Pharmaceuticals to commercialise two generic cardiovascular and metabolic medicines in Australia and New Zealand, broadening its therapeutic reach beyond oncology.

PC Gold Limited has raised approximately A$24 million through a placement led by institutional investors, including a A$5 million cornerstone from Macquarie Bank, to accelerate exploration and development at its Spring Hill Gold Project.

Future Generation Global Limited has announced a substantial 49% increase in its fully franked dividend for FY2025, alongside a special dividend, reflecting robust portfolio performance and a commitment to shareholder returns.

Memphasys Limited has secured Therapeutic Goods Administration approval for its Felix™ System two months ahead of schedule, enabling immediate commercial sales and clinical use in Australia.

Gateway Mining has identified promising gold mineralisation at its newly discovered Hummer Prospect, adjacent to the Haflinger discovery within the Yandal Gold Project. Early drilling results reveal significant oxide gold intercepts, signalling potential for a major new gold system.

Megado Minerals has secured four critical investigation permits for its Iberian Copper Project in Northern Spain, enabling a comprehensive exploration campaign including airborne surveys and maiden drilling planned for 2026.

Challenger Limited confirms advanced discussions with Pepper Group to jointly acquire Pepper Money, aiming for strategic access to fixed income assets and accretive earnings.

Pepper Money has received a non-binding indicative proposal from Challenger and Pepper Group to acquire 100% of its shares at $2.60 each, sparking exclusivity talks and due diligence.

DGR Global has confirmed its support for Jiangxi Copper’s acquisition offer for SolGold, endorsing the 28 pence per share bid ahead of the upcoming shareholder vote.

Bravura Solutions has raised its FY26 revenue and cash EBITDA guidance, reflecting robust project engagement and disciplined cost management. The company also plans increased investment in internal technology.

Condor Energy has unveiled a significant upgrade to its offshore Peru portfolio with the addition of the Raya West prospect, pushing the Greater Raya area’s prospective oil resources beyond 900 million barrels. This milestone enhances Condor’s position as a major player in the Tumbes Basin exploration landscape.