Latest Market News

Galilee Energy has completed the Zydeco-1 well design and directional plan, achieving around US$100,000 in cost savings and advancing steadily toward a Q2 2026 drilling start. The project targets Gulf Coast natural gas and condensate markets, supported by a newly appointed US Advisory Board.

Xref Limited has unveiled Xref.me, a pioneering platform that transforms recruitment by shifting to verified digital resumes at application, unlocking new pay-per-access revenue streams and expanding its enterprise SaaS funnel.

Vita Resources has completed a $100,000 capital raise via a placement featuring a novel partly paid share class designed specifically for mining companies. This new share structure defers calls until at least 2030, offering investors flexibility and the company a unique capital management tool.

Westpac Banking Corporation reports steady lending and deposit growth alongside stable margins despite geopolitical headwinds, while transaction costs from its RAMS mortgage portfolio sale weigh on first-half profits.

Cleanaway has trimmed its FY26 EBIT forecast to $460-$480 million, citing a $20 million hit from rising fuel and logistics costs linked to the Middle East war. The company leans on contractual fuel cost pass-throughs and strategic supply deals to cushion the blow.

Green Cross Health (NZX: GXH) has acknowledged discussions with third parties about a possible sale of its Medical division but emphasised that no transaction is guaranteed. The company remains committed to updating shareholders as the situation develops.

icetana AI has secured a $242,000 renewal contract with Curtin University, significantly expanding its camera licence footprint and boosting annual recurring revenue by 85%. The three-year SaaS deal underscores growing demand for campus security and reinforces the company’s recurring revenue model.

Insignia Financial Limited will be removed from the S&P/ASX 200 Index ahead of its acquisition by Daintree BidCo, with 4DMedical Limited stepping in on April 20, 2026.

Ariadne Australia’s latest nine-month update reveals strong growth in its Orams subsidiary but a $5.2 million estimated total loss driven by currency headwinds and market declines in key investments.

Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.

Surefire Resources NL acknowledged a week-long delay in announcing CEO Dr Andrew Whitehead's resignation, citing transition uncertainties and promising tighter disclosure controls.

Cadence Opportunities Fund weathered a sharp March selloff to deliver a robust 35.9% gain for the 2026 financial year so far, while announcing a fully franked interim dividend of 7.5 cents per share.