Stocks
Star Entertainment Evaluates Bally’s Rescue Funding Proposal
March 10, 2025 01:19 PM AEDT| By Team Kalkine MediaHighlights,Bally’s Proposes $250 Million Capital Infusion for Star Entertainment.,Convertible Notes Could Lead to Bally’s Holding Majority Stake.,Star Entertainment’s Board to Review Proposal with No Assured Outcome.,Bally’s Eyes Strategic Investment...
Globe Metals & Mining Secures Key Offtake Deal for Kanyika Project’s Growth
March 10, 2025 01:14 PM AEDT| By Team Kalkine MediaHighlights,Globe Metals & Mining (GBE) signs a non-binding agreement for niobium and tantalum supply.,Myst,Trading gains,purchasing,rights for,a significant portion,of Phase 1 production.,The deal strengthens Globe’s market reach in Asia and supports...
GQG Partners Sees Growth in Funds Under Management, Shares Respond Positively
March 10, 2025 01:12 PM AEDT| By Team Kalkine MediaHighlights,GQG Partners (,ASX:GQG,) reports an increase in funds under management (FUM) for February.,Monthly net inflows reach,US$1.1 billion,, contributing to total FUM of,US$160.5 billion,.,Shares,gain,1.8%,, continuing momentum since mid-January....
Cochlear and Wesfarmers: Two ASX Stocks Worth Watching in 2025
March 10, 2025 01:07 PM AEDT| By Team Kalkine MediaHighlights,Cochlear (COH),is a global leader in hearing implants with consistent revenue growth.,Wesfarmers (WES),holds a diverse portfolio with strong cash flow from Bunnings and other major retail brands.,Both companies,showcase,solid financials, m...
Rio Tinto (ASX:RIO) in Focus: Dividend Appeal and Growth Prospects
March 10, 2025 01:06 PM AEDT| By Team Kalkine MediaHighlights,Strong Dividend History:,Consistent payouts with a 5-year average yield of 6.80%.,Growth in Demand:,Rising needs for key metals in renewable energy.,Valuation Insight:,Trading below historical dividend yield averages.,Understanding Rio Tin...
Billionaire Gerry Harvey Boosts Stake in Mayur Resources, Shares Surge
March 10, 2025 12:27 PM AEDT| By Team Kalkine MediaHighlights:,Harvey’s Stake:,Increased to 6.7% with a $3 million investment.,Mayur’s Focus:,Developing a lime and cement project in Papua New Guinea.,Market Reaction:,Shares climbed 5.6%, hitting AU$0.285, with an earlier peak of 6.5%.,Billionaire ret...
Insider Confidence: Raiz Invest (ASX:RZI) Director Increases Stake
March 10, 2025 12:24 PM AEDT| By Team Kalkine MediaHIghlights,Raiz Invest (RZI) Non-Executive Director recently,acquired,shares, signaling confidence.,The latest insider transaction is the largest in the past year.,Insider ownership stands at 6.6%, reflecting alignment with shareholders.,Director’s I...
Star Entertainment Weighs Late-Stage Bally Proposal Amid Ongoing Recovery Plans
March 10, 2025 12:23 PM AEDT| By Team Kalkine MediaHighlights,Star Entertainment (,ASX:SGR,) reviews a fresh bid from Bally for a controlling stake.,The offer follows,Star’s,recent 50% stake sale in the Queen’s Wharf precinct.,Bally proposes a $250 million recapitalization with room for an expanded d...
PolyNovo Shares Rebound After Addressing Allegations Against Chair
March 10, 2025 12:22 PM AEDT| By Team Kalkine MediaHighlights:,Share Movement:,PolyNovo shares climbed 3.8% after falling 13% on Friday.,CEO Departure:,The company confirmed CEO Swami Raote's exit amid reports of a bullying probe involving the chair.,Governance Measures:,PolyNovo has brought in legal...
Boss Energy Expands Uranium Holdings with Liverpool Project Agreement
March 10, 2025 12:21 PM AEDT| By Team Kalkine MediaHighlights,Boss Energy (,ASX:BOE,) secures earn-in rights of up to 90% in,Liverpool,uranium project.,Multi-stage investment plan involves an $8 million commitment over seven years.,Eclipse Metals (,ASX:EPM,),retains,interest while focusing on critica...
Mineral Resources Shares Jump 4.6% as L1 Capital Increases Stake
March 10, 2025 12:20 PM AEDT| By Team Kalkine MediaHighlights:,Stake Increase:,L1 Capital boosted its holding in MinRes from 7.58% to 9.19%.,Strategic Buy:,The hedge fund acquired over 3.1 million shares in recent weeks at around A$21 per share.,Stock Performance:,Despite the recent uptick, MinRes sh...
Can (ASX:CBA) Outperform the ASX 200? A Deep Dive Into Valuation Insights
March 10, 2025 12:18 PM AEDT| By Team Kalkine MediaHighlights:,Understanding valuation models for (CBA),How price-to-earnings and dividend models help assess value,Key factors to consider before making financial decisions,Australia’s largest banks play a crucial role in the stock market, contributing...
PolyNovo Shares Surge as Governance Measures Reassure Investors
March 10, 2025 12:16 PM AEDT| By Team Kalkine MediaHighlights,PolyNovo,(PNV) shares rebound following governance updates,Board implements workplace training and succession planning,Former Westpac chair Lindsay,Maxsted,brought in for governance advisory,PolyNovo (ASX:PNV) saw a sharp uptick in its sha...
Oil Prices Slip to Near Six-Month Low Amid Weak Economic Signals
March 10, 2025 12:15 PM AEDT| By Team Kalkine MediaHighlights,Oil prices declined to levels last seen in September due to economic concerns.,China’s consumer inflation data signaled deflationary pressures,,impacting,crude demand.,OPEC’s production plans and global economic uncertainties added to the...
GQG Partners Sees Dip in Net Flows Amid Market Shifts
March 10, 2025 12:14 PM AEDT| By Team Kalkine MediaHighlights:,Decline in Net Flows:,GQG Partners (,ASX:GQG,) experienced a 35.3% decline in net flows for February.,Emerging Markets Impact:,The emerging markets equity division saw significant outflows.,Steady AUM:,Despite the decline in net flows, as...
Far East Gold Sets Ambitious 2025 Drilling Plans to Expand Gold and Copper Assets (ASX:FEG)
March 10, 2025 12:12 PM AEDT| By Team Kalkine MediaHighlights,Extensive drilling planned at,Idenburg,and,Trenggalek,to expand resources.,Targeting high-priority porphyry and epithermal zones for potential discoveries.,Initial scout drilling at,Woyla,to explore high-grade gold veins.,Far East Gold (AS...
Eclipse Metals and Boss Energy Forge Strategic Alliance to Advance Liverpool Uranium Project
March 10, 2025 12:11 PM AEDT| By Team Kalkine MediaHighlights,Strategic Partnership:,Eclipse Metals (,ASX:EPM,) teams up with Boss Energy (,ASX:BOE,) to accelerate exploration at the Liverpool Uranium Project.,Investment Commitment:,Boss Energy to invest up to $8 million in exploration over seven yea...
Boss Energy and Eclipse Metals Forge Strategic Uranium Partnership in the Northern Territory
March 10, 2025 11:03 AM AEDT| By Team Kalkine MediaHighlights:,Boss Energy (,ASX:BOE,) and Eclipse Metals (,ASX:EPM,) have entered an agreement worth up to $8 million for the Liverpool Uranium Project in the Northern Territory.,Boss Energy gains an option to secure a 49% stake by 2026, with the poten...
Polynovo Shares Continue to Decline Following CEO Departure
March 10, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Polynovo faces leadership change amid corporate governance issues.,Botanix sees growth in US pharmaceutical sales, boosting its market position.,EZZ secures a US partner for manufacturing dietary supplements, expanding its market reach.,Po...
Perpetual's Raptor Takes Off Following Confirmation as an Ionic-Hosted Rare Earths Site
March 10, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Confirmation of ionic adsorption clay (IAC) mineralization at the Raptor project.,Magnet rare earth elements (REE) recoveries of up to 94%.,Comparative advantage to nearby projects with low impurity levels.,Perpetual Resources (ASX:PEC) ha...
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