Latest Market News

Rua Bioscience has secured its largest export contract, committing to supply New Zealand-grown medical cannabis flower to a major UK distributor, projecting over NZ$10 million in revenue across two years.

Datagate Innovation Limited reports steady 23% ARR growth despite customer churn and pricing pressure, while targeting a US$5 million ARR milestone to enhance its valuation over the next two years.

Sena & Co Limited has launched a conditional full takeover offer for the remaining shares of 2 Cheap Cars Group Limited, aiming to increase its stake from 75.9% to at least 90%. The NZ$0.80 per share cash offer comes with plans to delist 2CC and maintain current operations.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

EQ Resources has completed its acquisition of Aus Critical Minerals and TTTP1, boosting its Mt Carbine tungsten exploration footprint by 45% to 1,136 km² and reinforcing its regional hub strategy.

The ASX has published its latest list of entities suspended from trading for over three months, detailing looming deadlines for overdue financial reports and plans to resume trading. Non-compliance risks removal from the official list.

Tartana Minerals has received an unsolicited proposal from a global mining group offering a premium share placement and potential strategic partnership, but the board remains divided on the next steps.

HitIQ Limited attributes recent share price and volume spikes to a recent $1.4 million private placement and investor buying, denying any undisclosed material information.

Karoon Energy reveals the Brazilian government has extended its 12% crude oil export tax for an additional 60 days. The company continues legal efforts to contest the tax while leveraging trade agreements to mitigate its impact.

Ingenia Communities is in discussions with Peet Limited and potential capital partners to extend its land lease portfolio beyond its current five-year plan, aiming to boost scale and financial flexibility.

Rural Funds Group has exchanged contracts to sell five agricultural assets for $255.6 million, trimming gearing to a pro forma 31.6% and reaffirming its FY26 income forecast.

Chilwa Minerals has lodged a Form F-1 registration with the US SEC, aiming to raise capital through a Nasdaq listing of American Depositary Shares while maintaining its ASX presence.