Latest Market News

Waterco Limited has announced an on-market buy-back program for up to 144,927 ordinary shares, set to run from mid-July 2025 through June 2026. The move signals a strategic approach to capital management without requiring shareholder approval.

Finbar Group has reinstated regular dividends with a fully franked 2 cent final payout for FY25, supported by a robust $36 million cash reserve and a strong development pipeline exceeding $1 billion in value.

A fresh review application has been lodged against the Takeovers Panel's earlier decision involving Keybridge Capital Limited, signaling ongoing regulatory scrutiny.

Dexus Industria REIT has acquired a $40 million warehouse in Sydney’s Glendenning, aiming to enhance its industrial portfolio through strategic refurbishment and increased lettable space.

Chariot Corporation has raised A$1.6 million through a strategic share placement to acquire a majority stake in a Nigerian hard-rock lithium portfolio, aiming to accelerate exploration and tap into the Chinese battery market.

Cromwell Property Group has provided fresh details on its Barton development, confirming a $201 million total cost and a projected yield exceeding 6.3%. This update clarifies financial expectations amid growing market interest.

The Takeovers Panel has declined to intervene in the ongoing control tussle for New World Resources, despite concerns over delayed disclosure and contested share acquisitions.

Pengana Capital Group has reported a solid increase in funds under management, reaching $3.64 billion as of June 30, 2025, alongside modest net performance fees and upcoming distributions.

Bowen Coking Coal has been hit with a $15.3 million payment demand from BUMA Australia, prompting a reassessment of its financial and legal options amid ongoing recapitalisation talks.

Pure Resources advances its Reedy Creek project by exploring graphite potential and forging US partnerships to tap into thermal management and rare earth element technologies.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.