Latest Market News

L1 Long Short Fund reported a 7.2% net return for FY2024-25 and announced a shift to quarterly dividends, reflecting confidence despite a challenging market environment.

NeuroScientific Biopharmaceuticals has initiated treatment of its fourth patient under the Special Access Scheme for StemSmart™, progressing towards a Phase 2 trial targeting severe Crohn’s disease.

Cromwell Property Group has agreed to acquire a significant stake in a $470 million Australian industrial portfolio and the management platform behind it, expanding its assets under management by approximately $540 million.

Abacus Storage King reported robust FY25 financials with an 11.8% asset increase and reaffirmed FY26 guidance, underpinned by strategic acquisitions and developments. The company’s portfolio expansion and sustainability initiatives highlight its leadership in the self-storage sector.

Mayfield Group Holdings has completed a $30.5 million private placement and launched a $3 million share purchase plan to fund growth initiatives, including acquisitions and capacity expansion.

Clime Investment Management’s CIWO securities have been suspended from trading due to regulatory non-compliance, raising questions about the company’s next steps and investor impact.

TPG Telecom has secured shareholder approval for a $3 billion capital return, marking a pivotal step in its transformation to a mobile-focused business. The company also introduced a Reinvestment Plan aimed at boosting minority ownership and liquidity.

Dotz Nano has successfully scaled up production of its proprietary CO₂ capture sorbents to kilogram volumes, setting the stage for commercial partnerships and cost efficiencies in the growing carbon capture market.

Celsius Resources reports metallurgical test results from its MCB Copper-Gold Project in the Philippines, demonstrating strong copper and gold recoveries that reinforce the project's economic potential.

Barton Gold Holdings has bolstered its cash reserves to an estimated $20 million following a successful $15 million institutional placement and a $660,000 Share Purchase Plan, positioning the company to advance key gold development projects in South Australia.

OzAurum Resources reports robust high-grade gold results from recent drilling at Mulgabbie North, reinforcing its growth and development prospects. The company advances metallurgical testing and site planning, signaling a shift from exploration to production.

L1 Long Short Fund Limited reports robust investment returns well above the ASX200 benchmark and announces a shift to quarterly dividends starting December 2025, signaling confidence in sustained growth.