Latest Market News

Tasmea Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan offering a 5% discount on new shares.

Rubicon Water Limited posted its strongest revenue since IPO at $69.1 million in FY25, driven by robust growth in the US and EMEA markets. Despite a $7 million net loss, the company improved cash flow and reduced debt, positioning itself for further global irrigation automation expansion.

Gateway Mining Limited has requested a voluntary suspension of its ASX-listed securities pending an important announcement on exploration results from its Yandal Gold Project, expected by 26 August 2025.

BetMakers Technology Group is poised to release its FY25 financial results on August 28, accompanied by a detailed investor webinar featuring key executives. The event promises to shed light on the company’s recent performance and strategic direction in racing technology solutions.

Michael Hill International reported a steady FY25 with revenue holding firm at $643.7 million and a return to profitability despite ongoing retail challenges. The year saw strategic store closures, digital sales growth, and leadership changes, setting the stage for a reset under new CEO Jonathan Waecker.

EVT Limited reported a solid financial year with normalised revenue rising 1.3% to A$1.237 billion and EBITDA up 6.3%, while net profit after tax surged 593%, driven by operational resilience and strategic growth initiatives including a major hotel management acquisition.

Tasmea Limited reported a robust FY25 with revenue surging 37% to $548 million and profit after tax rising nearly 75%, driven by four key acquisitions expanding its infrastructure services footprint.

LTR Pharma’s SPONTAN nasal spray has achieved unanimous patient satisfaction in treating erectile dysfunction after prostate surgery, signaling a promising shift in therapy preferences.

Resolution Minerals and Snow Lake Resources have mutually agreed to halt their proposed transaction over the Horse Heaven Project, citing commercial disagreements despite no material due diligence issues.

Venus Metals Corporation reports outstanding metallurgical test results from its Bellchambers Gold deposit, confirming high gold recoveries and a straightforward processing route. The findings bolster the project's economic prospects and hint at future cost efficiencies.

Decidr AI Industries has agreed to acquire the remaining 49% stake in Decidr.ai, issuing 78.4 million shares to complete full ownership and accelerate its AI platform integration.

Piedmont Lithium Inc. has halted trading on the ASX as it finalises a merger with Sayona Mining Limited, marking a significant restructuring in the lithium mining sector.