Latest Market News

Cuscal Limited is set to acquire New Zealand payments provider Paymark for A$27 million, funded by a fully underwritten A$30 million institutional placement and a non-underwritten A$3 million share purchase plan. The deal, expected to complete by June 2026, will add scale and geographic diversification while being accretive to earnings in FY27.

Zoono Group has boosted its cash receipts by NZ$333,000 this quarter, driven by initial orders worth NZ$585,000 in its fresh food shelf-life extension sector. Despite operating losses, the company expects to sustain operations through signed contracts and inventory.

Kjerulf David Hastings Ainsworth has taken a sharper stance in his bid for Ainsworth Game Technology, opposing Novomatic’s constitutional takeover protections while nominating a former CEO for the board and pressing for a dividend policy amendment.

Veris Limited has expanded its relationship with Hexagon’s Octave by becoming the authorised geospatial software distributor across Australia and New Zealand, aiming to generate an initial $1.2 million in annual recurring revenue.

Holista Colltech’s shares remain suspended on the ASX following a trading halt linked to ongoing legal issues with ProImmune Company LLC, with no resolution in sight.

Critica Limited has achieved a significant breakthrough at its Jupiter Rare Earth Project, lifting magnet rare earth recovery to approximately 81% and total rare earth oxide recovery to around 71% through pilot plant optimisation. This advance strengthens the foundation for its ongoing scoping study and downstream processing plans.

Janus Electric has locked in two California HVIP vouchers worth US$112,500 each for its initial US vehicle conversions, validating its tech under a key decarbonisation program. It also inked a non-binding MOU with Energy One to explore battery swap and charging infrastructure for Class 8 freight trucks across North America.

Noxopharm Limited's CEO and Managing Director Dr Gisela Mautner has resigned after four years with the company, including leading a key strategic pivot. The biotech firm plans to announce her successor shortly.

The Takeovers Panel has temporarily stayed its previous orders against Humm Group Limited following a review application by Mr Andrew Abercrombie. The interim measure preserves the status quo while the review is underway, delaying enforcement of the initial rulings.

Senetas Corporation has landed a landmark US$1.7 million deal with a new South American government client, marking its biggest virtual encryption sale and expanding its global footprint. The company also finalised a delayed Middle East transaction, collectively boosting FY2026 profit expectations.

ION Video has entered substantive early-stage discussions with Meta and Alphabet, exploring potential applications of its patented video virtualization technology. These talks are part of a broader engagement with major global tech players, though no formal deals have yet been struck.

Viking Mines has launched a field campaign at its Linka Tungsten Project targeting historical tailings and ore stockpiles as potential near-term, low-capital feed sources, complementing ongoing metallurgical advances and a planned June quarter drilling campaign amid record tungsten prices.