🕒 Friday 7 February 2025 Fri, 7 Feb 2025
72 Articles
Tamboran Sets New Beetaloo Records with SS-2H ST1 Stimulation Success
Tamboran Resources has achieved a significant operational milestone in the Beetaloo Basin, delivering record-breaking stimulation efficiency in its SS-2H ST1 well. The company now advances towards flow back and extended production testing, signaling potential for enhanced gas output.
7 Feb
Maxwell Dee
ikeGPS Walks Away from $165m Buyout Bid Despite 62% Premium
ikeGPS has halted acquisition talks after a private equity offer at a 62% premium failed to secure key shareholder backing, signaling confidence in its growth trajectory within the electric utility software market.
7 Feb
Sophie Babbage
Agrimin Launches Strategic Review, CEO Steps Down Amid Potash Market Challenges
Agrimin Limited has initiated a strategic review of its Mackay Potash Project in response to challenging capital markets, scaling back operations and announcing key leadership changes.
7 Feb
Maxwell Dee
Atlas Arteria Braces for Hefty New French Supplemental Tax in 2025
Atlas Arteria reveals it will face a significant temporary supplemental tax under France’s new 2025 Finance Law, impacting its APRR Group operations with payments due late next year.
7 Feb
Nora Hopper
Hotel Property Investments Confirms Q4 Dividend at AUD 0.033 Per Security
Hotel Property Investments has confirmed its final ordinary dividend of AUD 0.033 per security for the quarter ending December 31, 2024, with payment scheduled for February 7, 2025. This update finalizes the previously estimated dividend announced in December 2024.
7 Feb
Eva Park
Charter Hall Long WALE REIT Delivers Steady Growth and Confirms FY25 Outlook
Charter Hall Long WALE REIT reported a resilient half-year performance with near-full occupancy and solid income growth, reaffirming its FY25 earnings and distribution guidance amid strategic portfolio adjustments.
7 Feb
Eva Park
Domino's Cuts 205 Stores to Boost Profitability Amid Strategic Overhaul
Domino's Pizza Enterprises signals a strategic reset with the closure of 205 underperforming stores, primarily in Japan, aiming to sharpen focus and improve profitability while maintaining steady earnings guidance.
7 Feb
Eva Park
Charter Hall Long WALE REIT Delivers Steady Growth and Strategic Portfolio Moves in 1H FY25
Charter Hall Long WALE REIT reported solid first-half results for FY25, maintaining strong portfolio occupancy and lease terms while executing significant asset sales and strategic acquisitions. The REIT reaffirmed its full-year earnings and distribution guidance, underscoring confidence in its long-term growth strategy.
7 Feb
Eva Park
Charter Hall Long WALE REIT Bounces Back with $51.3M Profit in H1 2024
Charter Hall Long WALE REIT has reversed last year’s heavy losses, reporting a statutory profit of $51.3 million for the half year ended December 2024, while maintaining steady distributions to investors.
7 Feb
Eva Park
HPI Boosts Distribution Guidance Amid Governance Shake-Up and Portfolio Enhancements
Hotel Property Investments (HPI) reported a resilient H1 FY25 with a $1.26 billion portfolio and upgraded its distribution guidance to 19.7 cents per security, despite significant governance changes amid a takeover bid.
7 Feb
Eva Park
HPI Posts $16.7M Profit, Boosts FY25 Distribution Guidance Amid Debt Refinancing
Hotel Property Investments (HPI) reported a solid $16.7 million statutory profit for H1 FY25, alongside a 3.2% rise in distributions and a successful debt refinancing that extends maturity and reduces costs.
7 Feb
Eva Park
Hotel Property Investments Revamps Board and CEO Amid Charter Hall Influence
Hotel Property Investments has announced significant leadership changes following increased shareholding by Charter Hall and Hostplus, signaling a strategic pivot for the property investment firm.
7 Feb
Eva Park
HPI Posts A$16.7M Profit, Navigates Takeover Bids with Steady Distributions
Hotel Property Investments (HPI) reported a robust half-year profit of A$16.7 million, driven by rising rental income and property valuations, while managing significant takeover defence costs amid Charter Hall Retail REIT and Hostplus bids.
7 Feb
Eva Park
AdAlta Advances 'East to West' Strategy to Revolutionize Solid Cancer Therapies
AdAlta Limited is accelerating its 'East to West' cellular immunotherapy strategy, aiming to bridge Asian innovation with Western clinical development and manufacturing to target solid cancers. The company plans to secure three assets by the end of 2025 and initiate clinical trials, positioning itself as a leader in this emerging market.
7 Feb
Ada Torres
Aruma Resources Targets New Gold Zones with 2,000m Drilling at Salmon Gums
Aruma Resources is set to launch a 2,000-metre aircore drilling campaign at its Salmon Gums Gold Project, aiming to unlock new high-potential gold prospects identified through recent geological reinterpretations.
7 Feb
Maxwell Dee
Tempest Minerals Joins $3B Green Steel Push with WA Magnetite Deal
Tempest Minerals has signed a Memorandum of Understanding with Green Steel and Iron to develop a $3 billion hot briquette iron processing hub near its Yalgoo Project, aiming to supply high-grade magnetite for green steelmaking.
7 Feb
Maxwell Dee
Enova Mining Unveils Major High-Grade Titanium Discovery at CODA North
Enova Mining has reported multiple high-grade titanium dioxide intercepts exceeding 15% TiO2 at its CODA North project, highlighting significant multi-commodity potential alongside rare earth elements.
7 Feb
Maxwell Dee
Nick Scali Declares Fully Franked AUD 0.30 Dividend for H1 2024
Nick Scali Limited has announced a fully franked ordinary dividend of AUD 0.30 per share for the six months ending December 2024, signaling steady shareholder returns.
7 Feb
Logan Eniac
Nick Scali Surpasses Profit Guidance Amid UK Restructuring Challenges
Nick Scali Limited reported a robust 1H FY25 with revenue growth and profits exceeding guidance, despite ongoing UK market disruptions and restructuring costs.
7 Feb
Logan Eniac
Lord Resources Identifies New Gravity Anomalies at Ilgarari Copper Project
Lord Resources has uncovered significant gravity anomalies at its Ilgarari Copper Project, revealing promising new drill targets and commencing an earn-in agreement to secure an 80% interest in the sulphide rights.
7 Feb
Maxwell Dee
Nick Scali Surpasses Profit Guidance as UK Expansion Faces Growing Pains
Nick Scali Limited reported a stronger-than-expected half-year profit, driven by solid ANZ performance, while its UK operations continue to face restructuring challenges amid store refurbishments.
7 Feb
Logan Eniac
Nick Scali Reports 30% Profit Drop Amid UK Expansion Challenges
Nick Scali Limited’s half-year results reveal a 30.2% decline in statutory profit, impacted by UK acquisition losses and restructuring costs, yet the company maintains shareholder returns with a fully franked interim dividend.
7 Feb
Logan Eniac
News Corp Posts 80% Net Income Surge, Foxtel Sale Reshapes Strategy
News Corporation reported a robust half-year performance with revenues up 4% to $4.33 billion and net income soaring 80% to $334 million, while advancing its strategic pivot through the planned sale of Foxtel.
7 Feb
Elise Vega
Neuren Secures FDA Type C Meeting to Finalise Phase 3 Trial Design for Rare Syndrome
Neuren Pharmaceuticals has secured a pivotal FDA Type C Meeting to discuss primary efficacy endpoints for its Phase 3 trial of NNZ-2591 targeting Phelan-McDermid syndrome, advancing its rare disease drug development.
7 Feb
Victor Sage