Stocks
Nanoveu (ASX: NVU) Shares Surge 13% on Latest Technological Innovations and Strategic Distribution Deal
December 23, 2024 11:37 AM AEDT| By Team Kalkine MediaHighlights,AI-Backed 2D-to-3D Conversion App Launched:,Nanoveu has released an upgraded app that uses AI to convert 2D content into glasses-free 3D visuals, compatible with Apple’s Spatial technology.,South Korea Distribution Agreement:,Nanoveu grant...
Telstra Share Price Climbs Following Foxtel Stake Sale Announcement
December 23, 2024 11:06 AM AEDT| By Team Kalkine MediaHighlights,Telstra to Divest 35% Stake in Foxtel:,The company will receive $128 million in cash and a 3% equity stake in DAZN Group.,Foxtel Acquired by DAZN:,News Corp announced the $3.4 billion sale of Foxtel to DAZN, with completion expected in 202...
Pro Medicus Shares Rise Following AU$30 Million Contract with Duly Health and Care
December 23, 2024 10:59 AM AEDT| By Team Kalkine MediaHighlights,AU$30 Million Contract Signed:,Pro Medicus secures a seven-year deal with Duly Health and Care, the largest physician-directed medical group in the U.S. Midwest.,Cloud-Based Imaging Platform Rollout:,The deal includes implementing Pro Medi...
IGO Faces Dividend Uncertainty Amid Lithium Sector Challenges
December 23, 2024 10:56 AM AEDT| By Team Kalkine MediaHighlights,Dividend Uncertainty:,IGO unable to determine when dividends will resume from its joint venture with Tianqi Lithium.,Operational Updates:,Kwinana plant ramp-up expected to achieve full improved performance by March 2024.,Lithium Price Pres...
Tamboran Resources (ASX:TBN) Drills Landmark Horizontal Well in Beetaloo Basin
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Tamboran Resources (TBN) achieves a milestone with the Beetaloo Basin horizontal well.,Strong gas shows and shale properties observed, with no faulting detected.,Initial flow tests planned for early next year, supporting development goals....
Tamboran Resources (ASX:TBN) Sets Drilling Speed Record in Beetaloo Basin
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Tamboran Resources (TBN) drilled Shenandoah South-3H in 25 days.,Strong gas shows and high-quality shale observed in Beetaloo Basin.,Stimulation campaigns for wells planned for early 2025.,Tamboran Resources (ASX:TBN) has successfully comp...
FIRB Delays Continue to Stall CZR Resources' $102 Million Robe Mesa Sale
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights:,CZR Resources (ASX:CZR) has faced another delay in finalizing the $102 million sale of its Robe Mesa Iron Ore Project, with the Foreign Investment Review Board (FIRB) yet to grant approval after 12 months.,The prolonged delay has resulted...
Exploring SEEK Limited's (ASX:SEK) Recent Stock Movements and Future Potential
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,SEEK Limited's (SEK) stock has experienced significant price movements recently.,Valuation models suggest the stock is trading near its fair value.,The company anticipates double-digit revenue growth in the coming years.,SEEK Limited (ASX:...
Cyprium Metals Announces $3 Million Entitlement Offer Amid Transformational Developments in 2024
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Entitlement Offer Details,: Cyprium Metals Ltd (ASX:CYM, OTC:CYPMF) is pursuing a $3 million entitlement offer to eligible shareholders, aligned with the terms of its two-tranche placement announced earlier.,Strategic Capital Raises,: The...
Penny Stocks on ASX to Watch as December 2024 Kicks Off
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Australian market opens on a positive note amid holiday trading buzz.,Penny stocks like (MWY), (RDY), and (SOR) catch attention for diverse operations.,Focus on financial performance, governance, and operational stability.,The Australian m...
ASX Resolves Technical Glitch to Avoid Monday Trading Disruption
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,ASX resolves settlement issue, averts trading disruption.,Extended settlement period over the weekend ensures trade finalization.,Regulatory bodies closely monitor ASX's system performance.,The Australian Securities Exchange (ASX:ASX) succ...
Australian Dividend Stocks to Watch for Consistent Income
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Australian market trends spotlight dividend-yielding stocks as income opportunities.,Commonwealth Bank of Australia (CBA), IGO Limited (IGO), and Premier Investments (PMV) feature strong dividend histories.,Dividend sustainability and grow...
FDA Clears Prescient Therapeutics (ASX:PTX) for Phase 2 PTX-100 Trial Targeting T-Cell Lymphomas
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Prescient Therapeutics (PTX) receives FDA clearance for a Phase 2 trial of PTX-100.,The trial focuses on relapsed and refractory cutaneous T-cell lymphomas (r/r CTCL).,Phase 1b data showed promising safety and response rates for PTX-100.,P...
Black Cat Syndicate Marks Milestone with First Gold Pour at Paulsens
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Significant Achievement,: Black Cat Syndicate (ASX:BC8) completes its first gold pour at the Paulsens gold operation after its refurbishment and restart.,Key Milestone,: The company moves closer to its goal of producing 100,000 ounces of g...
Provaris (ASX:PV1) to Resume Pioneering Hydrogen Tanker Fabrication in 2025
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Provaris (PV1) to restart hydrogen tanker fabrication in 2025.,Acquisition of Norwegian firm ensured continuity in manufacturing expertise.,Advanced hydrogen transport vessel aims to overcome infrastructure challenges.,Provaris (ASX:PV1),...
Cyprium Metals (ASX:CYM) Launches $3 Million Offer to Drive Nifty Copper Mine Restart
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Cyprium Metals (CYM) launches $3 million entitlement offer.,Funds to support the Nifty Copper Mine restart in Western Australia.,Combined funding initiatives to generate $23 million gross proceeds.,Cyprium Metals (ASX:CYM) has announced a...
Animoca Brands Achieves Growth in 2024 with MOCA Coin Launch and Web3 Expansion
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Strong Financial Performance:,Animoca recorded year-to-date bookings of US$209 million through Q3 2024, with Q3 alone contributing US$69 million.,Operational Advancements:,The MOCA Coin launch, Mocaverse expansion, and Web3 initiatives enh...
Leadership Restructuring at EML Payments (ASX:EML): Key Updates
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Leadership changes announced at EML Payments (EML).,CEO Ron Hynes’ role terminated, with leadership restructuring underway.,FY25 EBITDA guidance reaffirmed amidst organizational adjustments.,EML Payments (ASX:EML), a global payments soluti...
Data#3 (ASX:DTL): Strong Fundamentals Back Solid Performance
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Data#3 (DTL) shows solid fundamentals despite recent share price trends.,Strong return on equity supports its earnings growth history.,Dividend payouts remain a consistent feature of the company's strategy.,The recent share price performan...
Forrestania Resources (ASX:FRS) Secures Additional Funding to Boost Gold Exploration
December 23, 2024 12:00 AM AEDT| By Team Kalkine MediaHighlights,Forrestania Resources (FRS) progresses its gold exploration activities with fresh funding.,$250,000 raised through the placement of the shortfall in a recent share purchase plan.,Bonnie Vale project shows promising results, with high-grade...
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