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Krakatoa Resources Progressing Smoothly Diamond Drill Program At Turon Project
September 01, 2020 12:54 PM AEST| By Team Kalkine MediaKrakatoa Resources Limited (ASX:KTA) has reported that it has competed the drill testing of 2 drill holes (BD001 and BD002) at the historical Britannia Mine and the drilling has been mobilised to test the nearby Quartz Ridge gold targets. The diamond...
Z1P Completes Acquisition of QuadPay
September 01, 2020 12:51 PM AEST| By Team Kalkine MediaZIP Co Limited (ASX:Z1P) has completed 100% of the acquisition of QuadPay, a leading high growth BNPL player in the US. The Company also completed the issuance of A$200 million in convertible notes and warrants. Under the terms of the QuadPay Acquis...
Starpharma Develops Slow Release Soluble DEP Remdesivir for COVID-19, Share price Skyrockets ~15%
September 01, 2020 12:51 PM AEST| By Team Kalkine MediaStarpharma Holdings Limited (ASX:SPL) has applied its novel DEP® drug delivery technology for developing a long-acting, water-soluble form of remdesivir. Remdesivir is currently being developed by Gilead for treatment of COVID-19. SPL’s D...
QBE Group CEO Pat Regan Stepping Down After an Investigation into Workplace Communication
September 01, 2020 12:50 PM AEST| By Team Kalkine MediaQBE Insurance Group Limited (ASX:QBE) disclosed that its Group CEO Pat Regan shall be departing the organisation after almost 3-years in this role. This follows the outcome of an external investigation regarding workplace communications that the Boa...
Housing Affordability Continues To Be A Challenge For Canberra Buyers
September 01, 2020 12:50 PM AEST| By Team Kalkine MediaThe latest Housing Affordability Report provided by the Housing Industry Association shows a marginal improvement in the index to 89.7. The report highlighted that the ACT is the third most expensive capital city in the country to purchase a home. T...
Growth in Dwelling Approval In July 2020
September 01, 2020 12:49 PM AEST| By Team Kalkine MediaAs per the data released by ABS, the number of dwellings in July rose by 12%. The rise was driven by private sector dwellings excluding houses, which grew by 22.7% in July after dropping to an eight-year low in June. The private sector houses climbed...
Record Current Account Surplus For Australia
September 01, 2020 12:46 PM AEST| By Team Kalkine MediaAustralia's current account surplus in seasonally adjusted terms in the June quarter 2020 increased by A$8.7 billion to A$17.7 billion, driven by increased goods and services surplus. In volume terms, import dropped more than exports in the June qua...
SaaS Solutions Provider, REFFIND Reports Preliminary Financial Results for FY20
September 01, 2020 12:28 PM AEST| By Team Kalkine MediaAustralia-based software-as-a-service solutions company, REFFIND Limited (ASX:RFN) has reported its preliminary unaudited financial results for the year ended 30 June 2020, highlighting revenue from ordinary activities of A$ 82,651. RFN believes tha...
Warren Buffet Taps Five Sogo Shosha of Japan
September 01, 2020 12:08 PM AEST| By Team Kalkine MediaSummary Berkshire Hathaway has disclosed over 5% stake in each of five leading trading companies of Japan, which include Mitsubishi, Mitsui, Marubeni, Sumitomo and Itochu. Warren Buffet intends to maintain a stake of less than 9.9% while furthe.....
3 Things That Are Driving This ASX 300 Listed Share Price to a Downtrend - Electro Optic
September 01, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Electro Optic Systems Holdings Ltd. reported an operating loss after tax for half-year ended 30 June 2020, primarily due to deferred revenue in 2H CY2020 and 2021. The pandemic led to higher supply chain costs, delays in product deliver.....
A Closer Look At The UK Economy’s Recovery Scenario
August 31, 2020 11:33 PM AEST| By Kunal SawhneySummary The British economy can lose up to half a million pounds, if work from home continues: CEBR study Total impact of the reopening of schools in the UK will sum up to be £70 billion for a year YouGov/CEBR consumer confidence index f.....
Market Update: S&P/ASX200 Gained 2.2% in Last One Month: What Investors Need to Know?
August 31, 2020 11:11 PM AEST| By Team Kalkine MediaOn 31st August 2020, equity market of Australia ended in red, and the benchmark index S&P/ASX200 moved down by 13.3 points to 6060.5. During the last one month, the index has gained 2.2%. S&P/ASX 200 Consumer Staples (Sector) witnessed a fall...
New Hope For An Early Closure Of The UK-Japan Trade Deal
August 31, 2020 10:41 PM AEST| By Team Kalkine MediaIt is most likely that September 2020 would see the UK and Japan reaching a trade deal at least in principle as a breakthrough has been attained on cheese tariffs. As part of a settlement in the trade deal between the two countries, the tariffs on .....
Are Cyber Attacks on NZX likely to get worse? GCSB warns NZ companies
August 31, 2020 09:24 PM AEST| By Team Kalkine MediaThe New Zealand Exchange (NZX) has been the target of cyberattacks for five consecutive days, as on 31 August 2020. The DDoS (Distributed Denial of Service), one of the common cyberattacks, disturbed the trading session on Tuesday, Wednesday, Thurs.....
Dark Horse’s $343,000 Private Placement to Aid Gold Projects’ Exploration and Development
August 31, 2020 07:41 PM AEST| By Team Kalkine MediaSummary Dark Horse secured commitments for a private placement worth $343,000 from qualified institutional and sophisticated investors. Several qualified and sophisticated investors had approached the Company to acquire DHR shares. Proceeds fro.....
Why Did ASX 300 Listed SeaLink Travel Group Share Price Zoom Up Today?
August 31, 2020 07:28 PM AEST| By Team Kalkine MediaSummary Despite the challenging environment caused by bushfire and COVID-19, ASX 300 listed SeaLink Travel Group delivered robust FY2020 results which aided its price to soar ~7%. Impressive contribution from the acquired Transit System Group s.....
Market Close Commentary; 31 August 2020
August 31, 2020 06:09 PM AEST| By Team Kalkine MediaToday, the Australian share market had a fluctuating trading pattern, perfectly depicting the uncertainty due to the ongoing crisis. The benchmark index S&P/ASX200 ended in the red zone. It settled at 6060.5, down by 0.22 per cent as compared to...
Openpay’s Record Growth Across Leading Indicators Supported by Boosted Cash, Debt Funding and Rapid Growth of UK Business
August 31, 2020 05:38 PM AEST| By Team Kalkine MediaOpenpay Group Ltd (ASX:OPY) achieved record growth across leading indicators during the year ended 30 June 2020. Active Plans noted an upsurge of 229% on pcp; Active customers made a new record, with an increment of 141% on pcp; Active merchants...
Service Stream Secures Multi-Year Unified Field Operations Deal With NBN
August 31, 2020 05:38 PM AEST| By Team Kalkine MediaService Stream Limited (ASX:SSM) has secured a considerable long‐term deal with nbn Co. for the provision of network operations, maintenance and optimisation services to its multi‐technology National Broadband Network. Under this agreement, the ...
Temple & Webster Reported Solid Results And Massive Growth In Active Customers During FY2020
August 31, 2020 05:37 PM AEST| By Team Kalkine MediaTemple & Webster (ASX:TPW) has reported a 74% growth in its FY2020 revenue of A$176.3 million for the period ended 30 June 2020. EBITDA which was A$1.5 million in FY2019 increased to A$8.5 million. NPAT for the period was A$13.9 million. Act...
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