Latest Market News

Toro Energy has secured a crucial Foreign Investment Review Board approval for its acquisition by IsoEnergy, moving the deal closer to completion. Shareholder and court approvals remain as the next steps.

Arovella Therapeutics has taken a significant step forward by submitting an IND application to the U.S. FDA for its lead CAR-iNKT cell therapy, ALA-101, targeting blood cancers. This milestone paves the way for a first-in-human Phase 1 trial in both Australia and the U.S.

IPD Group has acquired Platinum Cables Pty Ltd for $37.5 million, enhancing its mining sector footprint and delivering an 11.5% EPS accretion in FY25 pro forma. The deal positions IPD for expanded cross-selling and deeper customer ties with Australia's largest miners.

IPD Group Limited has agreed to acquire Platinum Cables Pty Ltd for $37.5 million upfront, enhancing its position in the mining sector and delivering an 11.5% accretion to FY25 earnings per share.

DroneShield has landed an $8.2 million contract supplying handheld counter-drone systems to a western military customer, contributing to a record $97.7 million in locked-in revenues heading into 2026.

Kuniko Limited reports promising high-grade gold and silver rock chip results at its Geenobby Prospect, confirming a structurally controlled mineralised system and setting the stage for imminent drilling in early 2026.

Charger Metals NL has lodged a mining lease application for its Medcalf Lithium Deposit and plans a drilling campaign to expand resources at its Lake Johnston project in Western Australia.

State Street Global Advisors has announced a 70.11 cents per unit cash distribution for its flagship SPDR S&P/ASX 200 ETF, alongside franking and foreign tax credits, marking a key income event for investors as 2025 closes.

1414 Degrees Limited has responded to an ASX inquiry following a notable rise in its share price and trading volume, confirming no undisclosed information is driving the market activity.

Memphasys Limited has completed a $579K shortfall placement, boosting total funds raised to over $1.12 million to support the commercial rollout of its Felix™ System following recent regulatory approvals.

Origin Energy backs a landmark US$1 billion equity raise for Kraken Technologies, valuing the company at US$8.65 billion and maintaining a significant stake as Kraken prepares to separate from Octopus Energy.

BlackRock Investment Management (Australia) Limited has announced final cash distributions for 16 Australian-listed iShares ETFs, with payments scheduled for early January 2026. The announcement outlines distribution amounts, key dates, and important investor compliance reminders.