News
Charter Hall Announces Acquisitions, Distribution And Capital Raising
September 10, 2020 01:14 PM AEST| By Team Kalkine MediaCharter Hall Long Wale REIT (ASX:CLW) has entered into an agreement to acquire a 50% interest in a new Charter Hall managed partnership that would further secure a 49% interest in the bp Portfolio. CLW has announced a fullyunderwritten A$60 m...
iSentric Closes Share Purchase Plan Raising Over A$2Mn, Stock Soars
September 10, 2020 12:47 PM AEST| By Team Kalkine MediaOn 9 September 2020, iSentric Limited (ASX:ICU) announced the closure of its non-underwritten Share Purchase Plan (SPP), raising more than A$2 million. It is worth noting that SPP received an overwhelming response from 194 shareholders with their su...
iSentric Closes Share Purchase Plan Raising Over A$2Mn, Stock Soars
September 10, 2020 12:47 PM AEST| By Team Kalkine MediaOn 9 September 2020, iSentric Limited (ASX:ICU) announced the closure of its non-underwritten Share Purchase Plan (SPP), raising more than A$2 million. It is worth noting that SPP received an overwhelming response from 194 shareholders with their su...
Nearmap Raises Capital To Fast-Track Growth
September 10, 2020 12:32 PM AEST| By Team Kalkine MediaNearmap Ltd (ASX:NEA) declared the launch of institutional placement to obtain $70 million and a further $20 million through a SPP to fast-track growth prospects. The pricing of the placement shall be decided via institutional bookbuild with an un...
Residential Land Demand Surges 70%
September 10, 2020 12:32 PM AEST| By Team Kalkine MediaHIA’s Chief Economist stated that housing finance figures released on 9 September 2020 demonstrate that lending for the construction of a new home rose in July 2020. This rise in land demand is for the 1st time since February 2020, to the maxi...
Myer’s Online Sales Climb 61% While Total Sales Fall In FY20
September 10, 2020 12:20 PM AEST| By Team Kalkine MediaMyer Holdings Limited (ASX:MYR) posted its full-year results which showed that it achieved record group online sales of $422.5 million, up 61.1% in FY20 compared to FY19. This also accelerated by 98.8% in 2H20 due to closure of stores as well as soli...
Sigma Healthcare Delivers Strong 1H21 Results, Revenue Reported at A$1.64 billion
September 10, 2020 12:20 PM AEST| By Team Kalkine MediaASX listed Pharmacy wholesaler, Sigma Healthcare Limited (ASX:SIG) updated its results for the first half of 2021. The quick highlights are- Revenue during 1H21 reported at A$1.64 billion with like-for-like growth of 9.5% across pharmacy brands of...
CLINUVEL to Evaluate SCENESSE® for novel DNA Repair Development Program, Share up ~7%
September 10, 2020 12:19 PM AEST| By Team Kalkine MediaCLINUVEL PHARMACEUTICALS LTD (ASX:CUV) disclosed the progress of its drug SCENESSE® (afamelanotide 16 mg) for treatment of xeroderma pigmentosum (XP). The development program is intended to confirm the ability of the drug to regenerate DNA of sk...
What is Ripple?
September 10, 2020 12:00 AM AEST| By Edita IvancevicCryptocurrency markets are getting more recognition and investments daily. Anonymity, privacy, easy accessibility and blockchain technology are only a few advantages that attract people into buying cryptocurrencies. ALSO READ: What is a cryptocurr.....
Westpac-MI consumer sentiment index rebounds 18% in September
September 09, 2020 11:00 PM AEST| By Team Kalkine MediaThe Westpac-Melbourne Institute Index of Consumer Sentiment soared 18% from 79.5 in August to 93.8 in September. The index is at present just 1.6% below the average over the 6 months prior to the advent of COVID-19 in March. The rebound of 18% afte.....
Market Update: Australian Markets Ended in Red After a Sell-off in the US Markets
September 09, 2020 11:00 PM AEST| By Team Kalkine MediaMost of the Sectors Closed in Red: On September 9, 2020, S&P/ASX200 ended the session in red as there was a fall of 2.15% to 5878.6 and All Ordinaries encountered a decline of 2.12% to 6058.9. On the same day, energy sector witnessed a significan...
Why has AstraZeneca paused its Phase III COVID-19 vaccine study?
September 09, 2020 07:23 PM AEST| By Edita IvancevicWhat was believed to be the most-promising coronavirus vaccine study from AstraZeneca and the University of Oxford has been paused indefinitely, due to the alleged unexplained illness that one of the participants had developed. Phase III vaccine t.....
Market Close Commentary; 9 September 2020
September 09, 2020 06:30 PM AEST| By Team Kalkine MediaAfter Wall Street closed for a long weekend, it seemed that the Australian share market could settle and managed some gains. However, following a horror trading session in the US stock market yesterday, today the Australian share market plunged to 2....
President Trump goes vocal on the US-China decoupling
September 09, 2020 03:33 PM AEST| By Team Kalkine MediaSummary The United States President Donald Trump raised an idea of decoupling the US and Chinese economies. China officials hit back saying the US is a bully and it needs to be opposed. Experts believe that the decoupling is imprac.....
Ora Banda Mining Advancing Towards Production At Davyhurst Compelling Financial Metrics Revealed By DFS
September 09, 2020 03:23 PM AEST| By Team Kalkine MediaOra Banda Mining Limited (ASX:OBM) has been seeking to recommence production at its Davyhurst Gold Project during the first quarter of CY2021. The recommencement of production is underpinned by compelling financial metrics returned from the Definiti...
New Kid in the Block! Laybuy Continues to Buzz Post Stellar IPO
September 09, 2020 01:38 PM AEST| By Team Kalkine MediaSummary Stellar ASX debutant Laybuy is the latest addition to the fast-growing buy-now-pay-later (BNPL) space. New Zealand-based Laybuy has been under the spotlight with growth in online shopping. Laybuy shares finished first day’s trade.....
Platina Resources to Assess Platinum and Copper Potential at Scandium Project
September 09, 2020 01:35 PM AEST| By Team Kalkine MediaPlatina Resources Limited (ASX: PGM) has announced plans concerning the evaluation of platinum and copper potential at its Platina Scandium Project (PSP) in New South Wales. The decision was made after Clean TeQ Holdings Limited (ASX:...
Pacifico Minerals’ Drilling Program Underway at Sorby Hills to Foster Resource Expansion and Advance DFS
September 09, 2020 12:53 PM AEST| By Team Kalkine MediaWestern Australian based exploration company, Pacifico Minerals Limited (ASX: PMY) announced that drilling is currently ongoing at its 75% owned Sorby Hills Lead-Silver-Zinc Project, which is in WA’s Kimberley region. Significantly, Sorby Hills...
Imugene to Raise $5.7 Million via Option Underwriting Agreement with Bell Potter
September 09, 2020 12:53 PM AEST| By Team Kalkine MediaImugene Limited (ASX:IMU) has recently announced that it has entered into an underwriting agreement with Bell Potter to underwrite outstanding listed options not exercised before 30th November 2020, to raise $5.7 million. Imugene expects this activi...
Consumer Confidence Roars Back In The Face Of Recession News
September 09, 2020 12:41 PM AEST| By Team Kalkine MediaThere are indications that confidence in Australians is resuming to more normal levels after the market turmoil induced by COVID-19 pandemic. The Westpac-Melbourne Institute Consumer Sentiment Index rose by 18% to 93.8 in September from 79.5 in Augu...
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