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Dividend Stories of the Day: IAG, SNL, KOV
July 24, 2020 09:59 PM AEST| By Hina ChowdharySummary Insurance Australia Group has reported that no final dividend would be paid, as interim dividend has covered the high end of dividend pay-out policy. Supply Network has announced a fully franked final dividend of 9 cents per share, due .....
What Brought Cardno Limited Under the Spotlight?
July 24, 2020 08:59 PM AEST| By Kunal SawhneySummary Infrastructure, social and environmental development player Cardno was under the spotlight as its shares skyrocketed by over 50% post the release of its FY2020 guidance update. For FY2020, Cardno expects EBITDA in the range A$41 million.....
An Uncertain Road to ASX Banks’ Dividends
July 24, 2020 02:01 PM AEST| By Team Kalkine MediaSummary Bad debts and loan loss picture for banks continues to remain uncertain due to rapidly evolving pandemic and its impact on economic activity. COVID-19 outbreaks remain largely in Victoria, while all other states have proved to be resili.....
Value versus Volume: Not just the stock but assets as well for Coca-Cola Amatil
July 24, 2020 01:31 PM AEST| By Team Kalkine MediaSummary Coca-Cola Amatil soared above 5% on ASX with daily volume above average annual volume post releasing asset value and trading update. Amatil has indicated that in the wake of adverse COVID-19 impacts, it expects non-cash impairments betw.....
Renascor’s Impressive Reserve Update: Siviour Hosts Largest Reported Graphite Reserve Outside of Africa
July 24, 2020 11:45 AM AEST| By Team Kalkine MediaSummary Renascor’s Siviour Graphite Project is the largest reported total ore graphite reserve ex-Africa and the second largest reported proven reserve of graphite, globally, as confirmed by the updated mineral ore reserve estimate by Opti.....
Platina Seeking to Build Portfolio in WA Goldfields, Submits Application for Mt Narryer Project
July 23, 2020 08:13 PM AEST| By Team Kalkine MediaSummary Platina has filed an exploration licence application E 09/2423 covering 165km2, located within the Yilgarn Craton, home to many successful mining operations. The exploration licence at Mt Narryer South lies 300km north-west of the recen.....
SUDA Seeking Participation in $3.56M Capital Raising, Eyeing development of Anagrelide and OroMist Assets
July 23, 2020 08:10 PM AEST| By Team Kalkine MediaSUDA Pharmaceuticals Limited (ASX:SUD), the global leader in reformulating and delivering medication via the oral mucosa is seeking shareholders’ support to participate in the capital raising activity announced in early July 2020. On 3rd Jul.....
Cobalt Blue’s BHCP Update Highlights Increased Ore Reserve, Longer Operating Life and Lower Costs
July 22, 2020 05:32 PM AEST| By Team Kalkine MediaSummary Broken Hill Cobalt Project Update 2020 Study by Cobalt Blue has delivered significant project enhancements since the 2018 prefeasibility study. Mineral reserves improved by 55% to 71.8 million tonnes at 710 ppm cobalt. Front-end mining.....
REFFIND Receives Commitments for ~$880,000, Proceeds to Aid Product Development and Accelerate Sales Growth
July 22, 2020 03:31 PM AEST| By Team Kalkine MediaSummary REFFIND has received funding commitments from sophisticated investors for around $880,000. Proceeds from the capital raising program are planned to be directed towards funding product development as well as accelerating sales growth. R.....
Platina Recognises New, Cost-Effective Extraction Technology Promising to Unlock Scandium Deals
July 22, 2020 12:30 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM), boasting a project portfolio focused on speciality, precious and base metals, is considering a new and promising extraction technology for scandium at its Platina Scandium Project located in...
Platina Finalising Plans for Field Activities at Challa Project, Skaergaard Deal Progressing Towards Completion
July 22, 2020 12:25 PM AEST| By Team Kalkine MediaAustralia-based Platina Resources Limited (ASX: PGM) released a corporate update on 20 July 2020, highlighting activities concerning Challa Gold Project in Western Australia, Skaergaard palladium and gold project in Greenland and Munni Munni Projec.....
Mesoblast Soars 10% on ASX, US FDA Set To Review Remestemcel-L Data
July 21, 2020 09:40 PM AEST| By Kunal SawhneyThe world leader in developing allogeneic cellular medicines, Mesoblast Limited (ASX: MSB) appears all in rage amongst the investors with the announcement of review date scheduled by the US Food and Drug Administration (FDA) advisory committee for .....
Stock under the Spotlight: Ardent Leisure Penalised Over Dreamworld Deaths
July 21, 2020 08:56 PM AEST| By Hina ChowdharySummary 2016’s Dreamworld Thunder River Rapid ride incident was one of the worst tragedies in Australia, which took the lives of four people. Coroner James McDougall’s recommendation report found lags on the operational front and re.....
Real Energy and Strata-X Energy Host Joint Webinar Underscoring Pure Energy
July 21, 2020 08:13 PM AEST| By Team Kalkine MediaAustralian east coast focused gas company, Real Energy Limited (ASX:RLE) has acknowledged that hydrogen economy is a vital concept for contemporary energy companies, and that zero emissions hydrogen is the future of transportation fuels. Moreover, .....
Stocks Under Discussion: WSP, HUB, TYR, CAT
July 21, 2020 04:12 PM AEST| By Team Kalkine MediaSummary Market sentiments are uplifted with wage subsidy extension under two-tier structure, though payments are reduced for JobKeeper and JobSeeker support to ensure they do not act as “disincentives”. Besides momentum seen across .....
Investors Lap Up Dark Horse SPP, Company to Raise $1.5Mn and Honour All Applications
July 21, 2020 12:46 PM AEST| By Team Kalkine MediaAustralian exploration company, Dark Horse Resources (ASX:DHR) has announced the outcomes of its recently closed Share Purchase Plan (SPP). Moreover, the Company has updated that Permit Purchase Agreement (PPA) with the vendor, Sotkamo Silver AB to.....
Nyrada’s Brain Injury Drug Candidates Delivered via Preferred Administration Route
July 21, 2020 11:41 AM AEST| By Team Kalkine MediaAustralian-listed preclinical stage drug discoverer and developer, Nyrada Inc. (ASX: NYR) has received a significant boost to its brain injury program, with two of its drug candidates, NYX-242 and NYX-1010, being successfully delivered by the prefe.....
Businesses getting rid of non-core assets: Car leasing player Eclipx dumps Right2Drive
July 20, 2020 10:03 PM AEST| By Kunal SawhneySummary The coronavirus pandemic has hurt countless companies and forced them to rethink on their business strategies and restructuring plans. Amid shrinking demand, stalling of operational activities, and growing uncertainties, several compani.....
Augusta Charting Out Plan Around Centuria Capital Takeover
July 20, 2020 02:03 PM AEST| By Team Kalkine MediaSummary Centuria Capital’s second acquisition bid offers half the price to acquire shares in Augusta Capital. Centuria expects to provide ''a much larger, high quality and highly complementary Trans-Tasman real estate platform.....
Rio Tinto Poised to Meet Iron Ore Shipment Guidance for 2020
July 19, 2020 01:18 AM AEST| By Team Kalkine MediaIron ore prices are continuously booming with prices of Iron Ore Futures on the Dalian Commodity Exchange reaching a new 52-week high of RMB 845.00 per dry metric tonne on 14 July 2020. The rally in iron ore prices is mainly supported by the demand.....
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