🕒 Tuesday 4 February 2025 Tue, 4 Feb 2025
68 Articles
Betashares RINC Fund Suspended from ASX Trading as Planned
Betashares Mrtn Currie Real Income Fund (RINC) units were suspended from trading on the ASX on 4 February 2025, following a prior announcement in December 2024. This suspension marks a significant operational shift for the managed fund.
4 Feb
Claire Turing
Macquarie Income Opportunities Active ETF Declares 3.9 Cents Final Distribution
Macquarie Investment Management Australia Limited has announced a final distribution of 3.9 cents per unit for its Income Opportunities Active ETF for the period ending 31 January 2025, alongside key dates for distribution and reinvestment options.
4 Feb
Claire Turing
Pinnacle Investment Declares AUD 0.33 Dividend with Full DRP Access
Pinnacle Investment Management Group has announced a 33-cent per share dividend for the half-year ending December 2024, offering shareholders a fully franked payout option and a Dividend Reinvestment Plan.
4 Feb
Claire Turing
Pinnacle Investment Management Posts 151% Profit Surge, Expands Global Footprint
Pinnacle Investment Management Group Limited has reported a remarkable 151% increase in net profit after tax for the first half of FY2025, driven by strong performance fees and significant growth in funds under management. The firm’s strategic international acquisitions and diversified affiliate platform underpin its robust outlook amid ongoing market uncertainties.
4 Feb
Claire Turing
Pinnacle Investment Management Surges with 150.5% Profit Growth in H1 2025
Pinnacle Investment Management Group Limited has reported a remarkable 150.5% increase in net profit for the half year ended 31 December 2024, alongside a 16.7% rise in revenues and a healthy interim dividend announcement.
4 Feb
Claire Turing
Xref Posts 10% Revenue Rise Despite SEEK Acquisition Falling Through
Xref Limited reported a solid 10% revenue increase to $10.9 million in H1 FY2025, even as a proposed acquisition by SEEK was narrowly rejected by shareholders. The company plans to continue its growth trajectory as an independent ASX-listed entity with new product launches on the horizon.
4 Feb
Sophie Babbage
Federal Court Greenlights SEQ Hospitality’s $1.62 Per Share Takeover of Eumundi Group
The Federal Court of Australia has approved SEQ Hospitality Group’s acquisition of Eumundi Group, setting the stage for a $1.62 per share cash payout to shareholders and imminent suspension of Eumundi’s ASX trading.
4 Feb
Victor Sage
JPMorgan Raises February ETF Distributions, Signaling Income Focus
JPMorgan Asset Management has updated its February 2025 cash distribution amounts for several of its equity premium income ETFs, reinforcing its commitment to delivering steady income streams to investors.
4 Feb
Claire Turing
AUCyber Board Urges Swift Acceptance as 5GN Gains Control with Final Offer
AUCyber Limited confirms control has passed to 5GN following a substantial holding disclosure, with the Board unanimously recommending shareholders accept 5GN's last and final offer closing on 17 February 2025.
4 Feb
Sophie Babbage
A1 Investments Eyes Acquisition Amid Tight Cash Flow and Secured Funding
A1 Investments & Resources Ltd reported a modest cash outflow for the December quarter while actively pursuing acquisition opportunities backed by secured funding. The company aims to finalize a deal soon, contingent on shareholder and regulatory approvals.
4 Feb
Claire Turing
Green Critical Minerals Unveils 10,000 Listed Options to Unlock Trading Restrictions
Green Critical Minerals Limited has launched an offer of up to 10,000 Listed Options at no cost to remove trading restrictions on previously issued options, aiming to facilitate secondary trading and enhance liquidity for investors.
4 Feb
Maxwell Dee
Perenti’s Barminco Secures $120M Nevada Goldrush Contract, Enters US Market
Perenti’s underground mining arm, Barminco, has landed a $120 million contract at Nevada Gold Mines’ Goldrush Project, marking its first US underground mining venture and a strategic expansion into North America.
4 Feb
Maxwell Dee
Sigma Healthcare’s Chemist Warehouse Merger Gains Legal Green Light
Sigma Healthcare has secured Federal Court approval for its acquisition of Chemist Warehouse, marking a pivotal step in reshaping Australia's pharmaceutical retail landscape.
4 Feb
Ada Torres
Whitebark Energy Launches Strategic Takeover Bid for King Energy
Whitebark Energy Limited has announced an off-market takeover offer to acquire all shares and options in King Energy Limited, with unanimous support from King’s board. The offer aims to create a diversified Australian energy company with enhanced market presence and operational synergies.
4 Feb
Maxwell Dee
Bio-Gene Secures A$3M Defense Grants to Advance Novel Insecticides
Bio-Gene Technology Limited has secured A$3 million in U.S. Department of Defense grants to accelerate development of its two nature-derived insecticides, Flavocide and Qcide, targeting both military and civilian markets.
4 Feb
Ada Torres
Pro Medicus Secures $53M BayCare Deal to Expand Cloud Imaging in US
Pro Medicus has inked a $53 million, seven-year contract with BayCare to deploy its Visage 7 cloud-based imaging platform across Florida’s largest healthcare system, marking a major step in its North American expansion.
4 Feb
Ada Torres
AKORA Secures $1.29M Placement to Propel Bekisopa Iron Ore Project
AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.
4 Feb
Victor Sage
Astute Metals Maps New High-Grade Lithium Zone at Red Mountain
Astute Metals NL has identified a new high-grade lithium-bearing claystone unit at its Red Mountain Project in Nevada, significantly enhancing the project's exploration potential ahead of a maiden resource estimate.
4 Feb
Maxwell Dee
AustChina Holdings Resumes Trading After Material Acquisition Announcement
AustChina Holdings Limited has had its trading suspension lifted following the disclosure of a material acquisition, signaling a pivotal moment for the investment firm.
4 Feb
Claire Turing
AustChina Secures High-Grade Gold-Antimony Assets in Tasmania Acquisition
AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.
4 Feb
Maxwell Dee
ARG-007 Shows Breakthrough Neuroprotection in Traumatic Brain Injury Study
Argenica Therapeutics reports compelling preclinical evidence that its lead candidate ARG-007 significantly reduces brain cell damage and inflammation in moderate traumatic brain injury models, marking a promising step toward new TBI treatments.
4 Feb
Ada Torres
Dart Mining Expands Central Queensland Footprint with Raglan Goldfield Bid
Dart Mining has applied for a new exploration permit over the historic Raglan Goldfield, aiming to consolidate its gold assets in Central Queensland alongside the recently acquired Triumph Gold Project.
4 Feb
Maxwell Dee
Fortescue Secures Majority Stake in Red Hawk Mining with $1.20 Offer Incentive
Fortescue Ltd’s subsidiary FMG Pilbara Pty Ltd has acquired a 66.23% majority interest in Red Hawk Mining, advancing its takeover bid with an increased offer price to incentivize remaining shareholders.
4 Feb
Maxwell Dee
AXP Energy Raises $1.25M to Power Modular Data Centre Expansion
AXP Energy has secured $1.25 million through a share placement to accelerate its modular data centre rollout powered by stranded natural gas in Colorado. This capital injection aims to support the company’s pioneering gas-to-power operations tied to Bitcoin mining and other high-performance computing applications.
4 Feb
Maxwell Dee