Nine Entertainment – Special Dividend Funded by Domain Sale
Investors may have been surprised to see Nine Entertainment’s (ASX: NEC) share price open 34 percent lower, a movement largely explained by the mechanics of its special dividend. On 9 May 2025, Nine announced the sale of its 60 percent stake in Domain to US property…
SSM Stock Surges as Defence Deal Secures Long-Term Growth
Service Stream (ASX: SSM) shares rose 15 percent today after the company announced it has secured a major long-term Base Services Agreement with the Australian Department of Defence. The contract is valued at approximately AUD $1.6 billion over an initial six-year term, with options to extend…
Zenith Mineral Red Mountain Drilling Results Signal Potential High-Grade Gold System
Zenith Minerals (ASX: ZNC) delivered a market jolt this week, with shares opening 116 percent higher to 13 cents after releasing the first assays from its 2025 drilling campaign at the Red Mountain project in Queensland. The results point to both strong grades and…
Oracle Surges on $300 Billion OpenAI Deal
Oracle (NYSE: ORCL) just shocked the market after its shares jumped 45 percent in a single day, adding US$100 billion to Larry Ellison's fortune and briefly placing him ahead of Elon Musk. The catalyst was a US$300 billion contract with OpenAI to secure cloud computing power over the…
It's taken a while to get here, but the US medical device company Imagion Biosystems (ASX: IBX), which listed on the ASX way back in June 2017, is now getting to a really interesting stage of its clinical development, and has just raised $3.5m at 1.5 cents per share to fund this stage.
Imagion Biosystems was…
Here are some ASX directors who sold shares recently
Jack Gance - Sigma Healthcare (ASX:SIG) a.k.a. Chemist Warehouse
Jack Gance co-founded Chemist Warehouse which wanted to list on the ASX for several years, but ultimately took the plunge by a merger with Sigma Healthcare. It is not uncommon for founders to put their shares into…
Plenti (ASX:PLT) is not just another small cap lender - it could be the best way to gain exposure to the energy transition. Because it is a lender focused on lending to renewable energy, as well as to consumers for automotives and personal loans. But it is the first of these that has won it…
