Latest Market News

Fortescue Ltd has updated its dividend details, confirming a fully franked AUD 0.60 per share payout for FY2025 alongside a Dividend Reinvestment Plan allocation price of AUD 18.82.

Fortescue Ltd has announced the allocation price for shares issued under its Dividend Reinvestment Plan for the 2025 final dividend, setting the stage for shareholder reinvestment ahead of the September payout.

Tabcorp Holdings has finalized its Dividend Reinvestment Plan price at AUD 1.02 per share alongside an unfranked dividend of 1 cent per share for the first half of FY2025, payable mid-September.

Centrex Limited and its subsidiary Agriflex have completed their deed of company arrangement, ending external administration and transferring ownership to PRL Global Limited.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Service Stream Limited has landed a major long-term contract with the Australian Department of Defence to manage property and asset services across South Australia and the Northern Territory, marking a significant expansion into defence infrastructure support.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Aspire Mining has extinguished legacy contract rights over its Ovoot and Nuurstei projects, regaining full marketing control and improving its cost structure and funding flexibility.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Zenith Minerals reports compelling gold assay results from its 2025 drilling campaign at Queensland’s Red Mountain Project, revealing broad mineralised zones with high-grade intervals and confirming the project’s potential as a significant intrusion-related gold system.

AXP Energy has commenced drilling operations on its Charlie #1 Well in Oklahoma, backed by a recent A$2.7 million capital raise. The project targets multiple stacked pay zones and aims to expand gas-to-power and bitcoin mining ventures.

LDR Assets has declared its off-market takeover bid for Elanor Commercial Property Fund unconditional, signaling a decisive step in its acquisition strategy. The offer now proceeds without conditions, with payment accelerated for accepting securityholders.