Tennis Australia annual reports shows over AU$100M loss for FY20-21
Highlights Tennis Australia faced the loss of AU$100 million, as indicated in the 2021 annual report of the body. COVID-19 is the primary reason behind the loss. Tennis Australia's cash reserves of $80 million were depleted. Like the rest...
- December 03, 2021 09:13 PM AEDT
- Sonal Goyal
Shape Australia Corp IPO: How to invest in the construction manager?
Highlights SHAPE Australia is looking to raise AU$2 million through an initial public offering. The company intends to acquire 100% of the issued capital of SHAPE Australia Holdings before its listing. The offer to sell up to 1.02 ...
- December 03, 2021 09:02 PM AEDT
Australian Equity Market Helped by Energy Sector.
On 3 December 2021, the equity market of Australia closed in green, mainly backed by the energy sector. On the same day, ASX MIDCAP50 rose by 0.49% and ASX 100 was up by 0.25%. Also, ASX All Ordinaries rose by 0.10% to 7,543.60. Data Source:...
- December 03, 2021 08:59 PM AEDT
- Team Kalkine Media
My Rewards IPO: How to invest in fintech loyalty platform?
Highlights My Rewards International Limited (ASX:MRI) expects to go public on 17 December. The company plans to raise AU$5m to AU$7m through its initial public offering. My Rewards is an Australian rewards program provider which connects...
- December 03, 2021 08:52 PM AEDT
Solis Minerals IPO: How to invest in the mineral firm?
Highlights Australian Financial Services licensee and professional investor – Euroz Hartleys Limited is the lead manager of the IPO. Solis aims to raise up to AU$6 million through an initial public offering at an issue price of AU$0...
- December 03, 2021 08:50 PM AEDT
ASX healthcare stocks for blue-chip investors
Highlights Blue-chip stocks are stocks of established and recognised companies and are generally preferred by conservative investors. These stocks are good for capital preservation and consistent dividend payment and prevent portfolios against ...
- December 03, 2021 08:45 PM AEDT
- Sonal Sinha
Three IPOs to watch for as 2021 is coming to an end
Highlights An investors’ friendly market or a bull market plays a crucial role in the decision-making process of launching an IPO. The prevailing market sentiments matter a lot in determining the success of an IPO. AB1, ATA and MRI are s...
- December 03, 2021 08:42 PM AEDT
Ardea Resources (ASX:ARL) ends strong on ASX today. Here’s why
Highlights Ardea Resources confirms nickel sulphide discovery in Emu Lake prospect in WA. ARL sees significant scope for more discoveries in the area. Shares of ARL end up gaining 5% on ASX today. Australian miner Ardea Resources (ASX:ARL...
- December 03, 2021 08:28 PM AEDT
- Sukriti Nair
Crypto.com continues to grow with purchase of two exchanges
Highlights Crypto exchange app, Crypto.com, has acquired two exchanges from financial services firm IG Group Holdings Plc. com’s native token, CRO, exploded in November, rising from its November 1 price of US$0.2127 to US$0.90 on November...
- December 03, 2021 08:23 PM AEDT
- Daniel Paul Johns
Didi: Why this Chinese ride-hailing giant wants to delist from NYSE?
Highlights Chinese ride-hailing service provider Didi Chuxing said on Friday that it plans to delist its stock from the New York Stock Exchange. The company’s decision to delist its shares has come within six months of listing follo...
- December 03, 2021 08:18 PM AEDT
- Sreenivas D Ajankar