Latest Security News

WOTSO’s FY2025 results reveal an 11% revenue decline but a significantly reduced net loss, alongside a raised distribution payout, signaling cautious optimism amid market challenges.

Invion Limited secures a pivotal FDA Orphan Drug Designation for its lead candidate INV043, targeting anal cancer with promising preclinical results and a fast-tracked development path.

Saunders International reported a sharp 77.9% drop in net profit for FY2025, even as revenue dipped only slightly by 0.7%. The company declared a final dividend, signaling cautious optimism amid earnings pressure.

Invion Limited has disclosed that the US FDA granted Orphan Drug Designation for its lead cancer drug candidate INV043, explaining recent unusual trading activity in its shares. The company confirmed it was unaware of the FDA decision prior to its public release and has now complied with continuous disclosure rules.

Vicinity Centres reported a doubling of net profit and delivered funds from operations at the top of guidance, underpinned by strategic acquisitions and strong portfolio performance.

FirstWave Cloud Technology is launching its first AI-powered compliance management feature for Open-AudIT, aiming to convert a large base of free users into paying customers through a subscription model integrated with AWS.

Vicinity Centres has reported a robust increase in revenue and net profit for FY25, alongside a steady distribution payout to securityholders. The company’s financial health shows promising resilience amid a competitive real estate market.

EV Resources has signed a strategic Memorandum of Understanding with Wogen Resources and Xcelsior Capital Advisors to fund and advance its Los Lirios Antimony Project in Mexico, aiming to establish a 100 tonne-per-day processing plant.

Unico Silver Limited has raised $25 million through a share placement to accelerate drilling and resource upgrades at its key silver projects in Argentina, aiming to define a major silver equivalent resource.

Arafura Rare Earths has successfully raised approximately A$80 million through a two-tranche institutional placement and launched a A$5 million share purchase plan, strengthening its cash position ahead of the Nolans project final investment decision.

Duxton Farms has received Foreign Investment Review Board approval for its strategic merger and updated its timetable for key shareholder and court approvals, alongside a $4.55 million capital raise.

Magellan Financial Group reported a 5% rise in operating profit for FY25 despite a 31% drop in statutory net profit, driven by strong growth in assets under management and booming income from strategic partnerships.