Live ASX News Today
-
10th Jun 04:21 PM AEST
Oneview signs five-year contract renewal and expansion with Epworth HealthCare
Oneview Healthcare PLC (ASX:ONE) today announced that it has signed a five-year contract extension with Epworth HealthCare, a private health service in Victoria.
Epworth stands as Oneview’s largest customer in Australia and second-largest globally by the number of beds. The Oneview platform is currently deployed across 8 Epworth hospital locations in approximately 1,440 beds.
Under the terms of contract renewal, Epworth will be drifting to Oneview’s new Next Generation CXP Enterprise platform and implementing GMS-certified healthcare grade 22” Android gadgets across its diverse care settings.
The announcement said Epworth would also be expanding its footprint with Oneview in its redevelopment at Epworth Eastern at Box Hill, with an additional 63 beds.
Meanwhile, the stock was spotted at AU$0.422 per share, up 3.048% at 3:50 PM AEST.
-
10th Jun 03:42 PM AEST
MedAdvisor (ASX:MDR) gains most in over four months on strong U.S. business
Health app firm MedAdvisor Limited (ASX:MDR) gained as much as 15.5% to AU$0.335, their biggest intraday percentage gain since 21 January 2021.
The Company said the nine-month revenue from recently acquiredU.S.-based Adheris Health has grown more than 40% on a like-for-like basis.
The firm added the unit's revenue grew 24% in calendar 2020.
MDR in November acquired Adheris from Syneos Health for up to AU$34.5 million.
The acquisition granted MDR Adheris' network of about 25,000 pharmacies and 2.2 billion scripts annually.
MDR stated it expects to bring digitally contactable patients to 42 million by the September quarter.
Though the stock is down 18.3% this year, as of the last close, it was spotted trading at AU$0.325 per share, up 12.068% at 3:34 PM AEST.
-
10th Jun 02:34 PM AEST
Sparc Technologies (ASX:SPN) jumps as graphene tech test shows improvement
Shares of the graphene technology firm Sparc Technologies Limited (ASX:SPN) jumped as much as 10.5% to AU$0.315, their highest since 23 March 2021.
The Company stated new test work in leading coating products has delivered exceptional results.
SPN said commercially available epoxy coatings to Company’s graphene additives showed up to 62% improvement inscribe creep, a measure of corrosion resistance.
The stock is on its course for the best session since 17 May 2021.
The stock is down 8.1% this year, as of the last close.
-
10th Jun 02:29 PM AEST
Carawine Resources (ASX:CWX) jumps most in over three months on manganese find at project
Australian mining firm Carawine Resources Limited (ASX:CWX) rose as much as 11.1% to A$0.25, on track for best day since 3 March 2021.
Carawine’s JV partner, Black Canyon (ASX:BCA) has stated field assessments have confirmed widespread manganese mineralisation at Flanagan Bore prospect in Pilbara, Western Australia.
BCA shares have surged nearly 30% today.
At 2:15 PM AEST, the stock CWX was trading 6.666% up at AU$0.240 per share.
-
10th Jun 02:23 PM AEST
ArchTIS (ASX:AR9) gains on licence contract with Australia's national security agency
Shares of the cyber security firm (ASX:AR9) rose 3.921% to touch AU$0.27 per share at 2:00 PM AEST, set for their best day in nearly a week.
ArchTIS stated Australia's national security agency will buy additional software licences from the Company in a contract valued at AU$868,000.
Up to Wednesday's close, the stock is down 17.7% this year.
-
10th Jun 02:23 PM AEST
Valor Resources (ASX:VAL) surges on applications for mining concessions in Peru
Shares of Valor Resources Limited (ASX:VAL) surged as much as 18.2% to AU$0.013, on course for the best session since 18 May 2021.
Base & precious metals explorer shared it has applied for 14 new mining concessions in the Picha project area in Peru.
VAL has also executed an agreement for the acquisition of two additional mining concessions in the area.
The new expansion covers 14,500 ha along with the existing four granted mining concessions, which cover 2,000 ha.
The stock is up 120% this year, as of the last close and was trading 9.090% higher at AU$0.012 per share at 2:00 PM AEST today.
-
10th Jun 02:11 PM AEST
Black Canyon (ASX:BCA) eyes best day ever on manganese find at WA project
Shares of Black Canyon Limited (ASX:BCA) surged as much as 29.6% to AU$0.350, on track for their best session ever.
Manganese, copper and cobalt explorer shared field assessments have confirmed widespread manganese mineralisation at Flanagan Bore prospect in Pilbara, WA.
BCA also added it has scheduled drilling to start at Flanagan Bore in the upcoming quarter.
BCA stock has fallen 15.6% since its ASX debut in May this year, as of the last close and was trading 11.111% higher at AU$0.300 per share at 2:00 PM AEST.
-
10th Jun 02:02 PM AEST
Andromeda Metals (ASX:ADN) gains most in nearly nine months on kaolin clay supply deal
Gold & copper explorer's shares (ASX:ADN) gained as much as 25.6% to AU$0.27, the biggest intraday percentage gain since 25 September 2020.
The Company shared that it signed a binding offtake agreement with the Chinese commodity trading house Jiangsu Mineral Sources International Trading Company.
As per the announcement, the agreement will be supplying 70,000 tonnes per annum of refined ultra-bright, high-purity kaolin product for an initial term of five years at an undisclosed fixed contract price.
Under the agreement, parties can agree to increase kaolin supply volumes to 150,000 tonnes per annum for two years after the first production.
Kaolin is a kind of clay used to make porcelain and china.
At around 2:00 PM, the stock was trading at AU$0.255 per share and was the biggest percentage gainer in ASX All Ordinaries index AORD.
-
10th Jun 02:01 PM AEST
Stellar (ASX:SRZ) awarded 4 exploration drilling co-funding grants
Stellar Resources Limited (ASX:SRZ) has been awarded four exploration drilling co-funding grants totalling AU$185,000, under the Fifth Round of the Exploration Drilling Grant Initiative (EDGI) program.
The Tasmanian Government has awarded the grants.
As per the release, the grants are for exploration at prospects: Montana No. 1 – 2 diamond drill holes, Zeehan Western – 2 diamond drill holes, Oonah – 2 diamond drill holes & Queen No. 4 – 1 diamond drill hole. The EDGI grants will co-fund direct drilling costs of SRZ’s 2021 Phase 1 diamond drilling program targeting new areas of high-grade tin mineralisation.
SRZ shares traded at AU$0.031, down 8.824% at 01:55 PM AEST.
-
10th Jun 01:58 PM AEST
Navarre (ASX:NML) reports further high-grade gold at morning bill prospect
Navarre Minerals Limited (ASX:NML) reported additional impressive gold results, from its wholly-owned Morning Bill prospect, within the Glenlyle tenement, in western Victoria.
Assay results have been received from a recently completed 2,994 metre diamond core drilling program at Morning Bill prospect.
The third diamond hole has returned Morning Bill’s best copper, zinc and lead assays till date, including 1.2% copper, 9.1% zinc and 4.8% lead.
The results extend the strike length of high-grade gold intercepted in diamond drilling to approximately 350 metres. It provides further evidence that Morning Bill is emerging as a large, concealed gold-silver system with polymetallic potential. Results are pending for a further five completed diamond core drill holes.
NME shares traded at AU$0.107, up 4.878% at 01:51 PM AEST.
-
10th Jun 01:58 PM AEST
-
10th Jun 12:52 PM AEST
Australian tech stocks hit over one-month high as expectations of inflation ease
Australian tech stocks AXIJ climbed as much as 1.7% after expectations of a sharp jump in inflation eased.
Iress Ltd (ASX:IRE) was up as much as 17.1% to eye its best session since August 2018.
Payment solutions firm EML Payments Limited (ASX:EML) added 4.5%, while Nuix Ltd (ASX:NXL) is up around 4%.
Buy-now-pay-later major Afterpay Limited (ASX:APT) advanced 1.1% and cloud service firm Xero Limited (ASX:XRO) gained 2.2%.
The sub-index hit its highest since 6 May 2021, leading gains on the benchmark ASX 200 index AXJO.
AXIJ has lost 9.6% this year, as of the last close, versus a 10.4% increase in the benchmark.
-
10th Jun 12:42 PM AEST
Duke Exploration (ASX:DEX) sees worst day in 3 months on share placement
Shares of copper, gold and silver explorer Duke Exploration Limited (ASX:DEX) fell as much as 8.8% to AU$0.365, their biggest intraday percentage loss since 1 March 2021.
The Company has raised AU$8 million at an issue price of AU$0.36 per share, a 10% discount to its close on Monday when the stock last traded.
The shares being offered under placement represent 52.6% of the Company's free-float shares.
The stock is up ~17.7% this year, as of the last close and was trading 6.251% lower at AU$0.375 per share at 12:20 PM AEST.
-
10th Jun 12:42 PM AEST
Forbidden Foods (ASX:FFF) climbs on securing distribution deal with AusCom International
Shares of Forbidden Foods Limited (ASX:FFF) gained as much as 9.7% to AU$0.170 on Thursday.
The organic foods maker stated it has entered an exclusive agreement with AusCom International to distribute its infant & toddler health nutrition brand, Funch, in Vietnam.
The Company stated it is targeting a minimum sales of AU$3.15 million over an initial three-year term under the agreement.
Though the stock is down about 44.6% this year so far, it was trading 6.451% up at AU$0.165 per share at 12:19 PM AEST.
-
10th Jun 12:18 PM AEST
PointsBet (ASX:PBH) climbs on deal for online sports wagering in Maryland
The share price of online bookmaker PointsBet Holdings Limited (ASX:PBH) rose as much as 2.1% to AU$13.750 on Thursday.
PointsBet informed its unit has struck a deal with The Riverboat on-the-Potomac to provide online and retail sports wagering in the U.S. state of Maryland.
The Riverboat is a satellite simulcast facility for horseracing in the United States.
Financial details of the deal are not disclosed, but PBH has stated the agreement is for ten years.
The stock is set for a fifth straight session of gains today.
PBH is up 13.5% this year, as of the last close.
-
10th Jun 12:12 PM AEST
Silver Lakes (ASX:SLR) halts operations at WA mine, shares hit a two-month low on ASX
Shares of Silver Lake Resources Limited (ASX:SLR) fell as much as 4.3% to AU$1.655, their lowest since 8 April 2021.
The gold miner informed that an underground contractor at its Daisy Complex mine at Mount Monger passed away earlier in the day. The underground operations at the mine have been temporarily suspended in accordance with standard statutory requirements.
The Company explained that investigation into the circumstances of the contractor's death is underway, and the Western Australia Department of Mines, Industry Regulation and Safety has been notified.
The stock is down ~3.4% this year so far, as of the last close and was spotted trading at AU$1.685 per share, down 2.602% at 12:00 PM AEST.
-
10th Jun 12:11 PM AEST
Purifloh (ASX:PO3) hits near nine-month high on agreement with Osmoflo
Shares of Purifloh Limited (ASX:PO3) soared as much as 9.1% to AU$2.170, their highest since 15 September 2020.
The water treatment solutions provider stated it executed a non-binding Heads of Agreement with global desalination company Osmoflo Water Management Pty Ltd.
Purifloh stated agreement provides for collaboration between parties to work towards reducing the presence of biologic and chemical contaminants in water.
The stock is up 38.2% this year so far as of the last close and was spotted trading 1.507% up at AU$2.020 per share at 11:40 AM AEST.
-
10th Jun 11:41 AM AEST
Lynch Group (ASX:LGL) hits record high on raised FY profit view
Lynch Group Holdings Limited (ASX:LGL) gained as much as 7.8% to A$3.860, hitting a record high on Thursday.
The flower retailer stated, since ASX listing in April the Company has experienced continued strong momentum in both key markets of Australia and China.
LGL shared it now expects FY21 post-tax profit of AU$31 million to AU$32 million, above prior outlook of AU$28.7 million.
The Company informed China division is expected to exceed performance outlined in FY21 prospectus.
The stock is up 9.8% since 6 April 2021 listing, as of the last close and was trading 4.189% higher at AU$3.730 per share.
-
10th Jun 11:36 AM AEST
-
10th Jun 11:18 AM AEST
Johns Lyng (ASX:JLG) jumps on upbeat FY21 earnings forecast
Shares of Johns Lyng Group Limited (ASX:JLG) gained as much as 5.3% to AU$4.400, their biggest intraday percentage gain since 28 April.
The building services provider has upgraded it FY21 EBITDA to AU$52.1 million, a 10% rise from its prior outlook of AU$47.4 million for the same period.
JLG sees FY21 revenue to be AU$558.2 million, compared with its earlier AU$524.1 million expectations.
The Company stated upgrade in FY21 revenue and EBITDA has been driven by its core business-as-usual (BaU) services and a significant recovery in its operations, primarily in northern NSW and south-east Queensland.
The stock has hit its highest since 27 May and is on track for a fourth consecutive session of gains.
This year, the stock is up ~32.3% this year, as of the last close and was trading 1.196% higher at AU$4.230 per share at 11:00 AM AEST.
-
10th Jun 11:09 AM AEST
China is geared up to overtake Japan as the world's leading LNG consumer
Source: © Dpsfotogmailcom | Megapixl.com
China is on the verge to become the world’s leading importer of liquefied natural gas (LNG) to surpass Japan as per the data released by ICIS Edge, a pricing data and cargo tracking firm.
- A blend of cold weather conditions, the country's robust economic recovery after the pandemic, and pollution crackdown policies have increased the gasoline demand, a relatively less polluting fossil fuel.
- The expected shift in demand trend from Japan to China signifies a major shift in the energy market.
- China has imported 76.27 million tonnes of LNG in 12 months from June 2020 to May 2021, slightly down from Japan’s 76.32 million tonnes, as per ICIS data.
- It is anticipated that China’s 2021 demand will land at 81.2 million tonnes compared to Japan’s demand of 75.2 million tonnes.
- Tokyo converts most of the gasoline obtained from LNG into electricity.
-
10th Jun 11:02 AM AEST
Advanced Human Imaging (ASX:AHI) jumps on health tech tie-up with Cubert
The share price of Advanced Human Imaging (ASX:AHI) jumped as much as 4.8% to AU$1.320, snapping three consecutive sessions of losses.
The body scanning app maker said it has signed a binding term sheet with Toronto-based Digital Health provider Cubert Inc that developed FitTrack.
Cubert's application FitTrack is a preventative health screening app.
AHI informed FitTrack has partnered with the Company to integrate state-of-the-art body scanning.
According to AHI, the integrated technology will be called FitScan, which will enable users to assess wellness and predict potential health risks.
The stock has risen 4.1% this year, as of the last close and was trading 1.587% higher at AU$1.280 per share at 10:50 AM AEST.
-
10th Jun 10:58 AM AEST
Oil steadies amid subdued demand after US Memorial Day week
Source: © Batareykin | Megapixl.com
Crude oil prices were stable on Wednesday after a rise in US gasoline inventories followed by US Memorial Day weekend which is considered as the start of peak summer driving season.
- August delivery Brent crude oil futures traded 0.04% down at US$71.97 per barrel whereas July delivery WTI crude oil futures traded at US$69.68 per barrel down 0.40% as of 10 June 2021 at 10:23 AM AEST.
- The stocks of gasoline and other fuels rose last week despite witnessing a fall in crude oil inventories, as per the data released by Energy Information Administration (EIA).
- The poor weather conditions on the East Coast of the US have reduced the consumption of gasoline.
- On Tuesday, EIA also forecasted a rise of 1.48 million barrels per day in US fuel consumption, up from the previous forecast of 1.39 million barrels per day.
-
10th Jun 10:57 AM AEST
ASX-listed American Rare Earths (ASX:ARR) buys scandium mineral rights from Zenith, shares jump
Shares of rare-earth minerals miner American Rare Earths (ASX:ARR) gained as much as 6.2% to AU$0.086.
The Company stated it has acquired scandium mineral rights over the Split Rocks Project in WA from Zenith Minerals Limited (ASX:ZNC).
As per the term sheet, Zenith has agreed to grant ARR an exclusive option to acquire scandium minerals to a maximum depth of 50m from the surface within a portion of its Split Rocks Project.
ARR stock is down ~7.8% this year, as of the last close and was spotted trading at AU$0.080 per share at 10:50 AM AEST.
-
10th Jun 10:35 AM AEST
DC Modular (ASX:DC2) Collie Project enters next phase of development
Cloud and software business firm DC Two Limited (ASX:DC2) provided an update on its DC Modular Collie Project, whereby a number of positive developments have been achieved which take the project closer towards potential future commercialisation.
DC Two has received a grant from the State Government of Western Australia via the Department of Primary Industries and Regional Development for an amount of AU$200,000 for developing and constructing a new modular, transportable and relocatable data centre in Collie.
Also, DC Two has signed a non-binding Memorandum of Understanding with Cannaponics Limited to explore the potential deployment of modular data centres at the Cannaponics cannabis facility under construction in Collie, Western Australia.
The stock DC2 was spotted trading at AU$0.295, down 1.667% per share at 10:40 AM AEST.
-
10th Jun 10:34 AM AEST
Rafaella’s (ASX:RFR) McCleery receives additional Yukon Government mineral exploration funding
Rafaella Resources Ltd (ASX:RFR) announced that the McCleery property was again a successful recipient for funding under the 2021 Yukon Mineral Exploration Program (YMEP) administered by the Yukon Geological Survey along with receiving a Class 1 permit approval in order to start this field season exploration activities.
The Yukon government will find up to 50% of the programme, capped at C$40,000.
Meanwhile, the last traded share price of the stock was AU$0.095 per share.
-
10th Jun 10:22 AM AEST
Centuria (ASX:CNI) launches its largest single-asset unlisted fund
Centuria Capital Group (ASX:CNI) has acquired a 14-level, AU$224 million office building in Footscray, Victoria, for a new unlisted fixed-term, single-asset fund, Centuria Government Income Property Fund (CGIPF).
CGIPF will seek to raise AU$133million, which is Australia’s largest single-asset retail capital raise within the past 15 years.
The ASX release informed the A-Grade office building, located at 1 McNab Avenue, Footscray, was secured with 100% occupancy on a 11.8-year Weighted Average Lease Expiry (WALE) on a market capitalisation rate of 4.7%.
The 20,191sqm building was constructed in 2014 and includes nine levels of commercial accommodation, four levels of secure parking and benefits from strong sustainability credentials, including 5.5-Star NABERS energy and water ratings.
CGIPF forecasts a 5.25% starting yield and the fund will be held for an initial five-year term.
The last traded stock price was AU$2.690 per share.
-
10th Jun 10:00 AM AEST
ASIC begins civil penalty proceedings against Austal (ASX:ASB)
The Australian Securities and Investments Commission (ASIC) has started civil penalty proceedings against Austal Limited (ASX:ASB) and its former CEO David Singleton in the Federal Court of Australia.
The proceeding allege that Austal was aware as early as 4 June 2016 of the need to make a material write back of work in progress attributable to the LCS Program. ASB made its announcement notifying of the write back on 4 July 2016.
As a consequence, ASIC is seeking civil declarations that Austal contravened its continuous disclosure obligations as well as the relevant misleading and deceptive conduct provisions of the Corporations Act 2001 and the ASIC Act 2001.
Also, Singleton has been alleged that he was involved in the Company’s contravention of its continuous disclosure obligations and failed to discharge his duty.
The last traded share price of the stock was AU$2.320 per share.
-
10th Jun 09:45 AM AEST
ECS Botanics (ASX:ECS) reports strong sales growth following first commercial harvest
ECS Botanics Holdings Ltd (ASX:ECS) shared that the sales of its cannabis products are forecast to reach AU$2 million by the end of CY2021, driven by new customer contracts and an increasing demand for Australian grown medicinal cannabis products.
The Victorian facility, which recently completed its first commercial harvest, has recorded current quarter sales of AU$0.543 million. Products include medicinal cannabis premium dried flower, biomass, and oils, all manufactured from cannabis cultivated at the facility.
The last traded share price of the stock is AU$0.044 per share.
-
10th Jun 08:50 AM AEST
-
10th Jun 08:29 AM AEST