Latest Market News

Morella Corporation has initiated Federal Court proceedings against former receivers over disputed proceeds from a 2020 asset sale, aiming to recover value for shareholders without disrupting current operations.

Australian Foundation Investment Company Limited has announced a fresh on-market buy-back program for up to 111.9 million ordinary shares, aiming to optimise its capital structure over the next year.

Australian Dairy Nutritionals reported a 152% surge in nutritional powder sales despite regulatory hurdles in Vietnam, while expanding its Future brand footprint across China.

Chilwa Minerals has finalised the last tranche of its $8 million private placement, bolstered by insider participation, and is advancing plans for a Nasdaq dual listing in the first half of 2026.

Beach Energy’s Q2 FY26 report reveals a 9% production decline amid Otway Basin slowdowns, offset by flood recovery and the Waitsia Gas Plant ramp-up, with sales revenue down 17% to $445 million.

RooLife Group Ltd has reported a remarkable doubling of its coffee and food sales in China, surpassing A$2.1 million in December 2025 and signaling strong momentum in its data-driven e-commerce strategy.

The Australian Competition and Consumer Commission has advanced its review of Ampol’s acquisition of EG Australia to a more detailed Phase 2 assessment, signalling potential competition concerns. Ampol remains optimistic about completing the deal by mid-2026 despite the regulatory scrutiny.

European Lithium has sold 5 million shares in Critical Metals Corp for about A$124 million, significantly increasing its cash reserves while retaining a substantial investment valued at over A$1.2 billion.

Terra Critical Minerals has amended its option agreement with ATHA Energy Corp to fast-track uranium exploration at the Pasfield Lake Project, increasing expenditure and drilling commitments in response to rising uranium prices.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing concerns that the deal could significantly reduce competition in key Australian fuel markets.

The ACCC has referred Ampol’s acquisition of EG Australia to a detailed Phase 2 review, citing significant competition concerns in multiple Australian fuel markets. Ampol’s proposed divestments have so far failed to satisfy the regulator.

EV Resources has secured $600,000 from the sale of its Khartoum Project, redirecting funds to kickstart a maiden drilling campaign at its Los Lirios Antimony Project in Mexico, aiming to define a JORC resource by Q3 2026.