Latest Winding Up News

Percheron Therapeutics has discontinued its ATL1103 program and curtailed investment in ATL1102 following underwhelming trial results, while advancing talks to in-license new rare disease therapies and extending its cash runway into FY2027.

Rapid Lithium Ltd completed a $2 million entitlement capital raising and progressed key US and Canadian projects targeting lithium and strategic metals amid shifting global supply dynamics.

Opthea Limited has discontinued its wet AMD development program following Phase III trial failures, slashing its workforce by 65% amid ongoing financial uncertainty and negotiations with investors.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction efforts.

Origin Energy’s March 2025 quarterly report reveals an 11% drop in Australia Pacific LNG revenue due to lower volumes and prices, while gas sales and Octopus Energy’s customer base expand robustly. Renewables investments advance with key project milestones.

New Frontier Minerals has identified 46 priority exploration targets rich in heavy rare earth elements at its Harts Range Project and formalized a strategic alliance to process copper ore from its Big One Deposit, marking significant progress in its multi-commodity portfolio.

Regis Resources reported a robust March quarter with steady gold production and early repayment of its $300 million term loan, reinforcing its financial flexibility. The company also updated Tropicana’s Ore Reserves and advanced underground growth projects while navigating ongoing legal challenges at McPhillamys.

PhosCo Ltd has solidified its position as a global fertiliser contender by securing full ownership of the Gasaat Phosphate Project in Tunisia and initiating a $5 million entitlement offer, while also engaging the EBRD for a potential strategic investment.

H&G High Conviction Limited has completed a major asset divestment, distributing over 63 million Hancock & Gore shares to its shareholders and signaling potential delisting and strategic shifts ahead.

Change Financial Limited delivered a record Q3 FY25 revenue of US$3.9 million, driven by strong growth in its Payments as a Service platform and recurring revenue streams, while substantially completing its US operations exit. The company is confident of surpassing 30% revenue growth and achieving its first underlying EBITDA positive result for FY25.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.