Elevra Lithium Rises After US$71m Huayou Deal
Elevra Lithium (ASX:ELV) is walking away from Africa. The company has agreed to sell its interest in Ghana's Ewoyaa Lithium Project to China's Zhejiang Huayou Cobalt for around US$71 million (before fees and taxes), or approximately A$98 million, in cash. Shares finished the day 1.7% higher at A$13.74…
Inghams Rallies 7.4% After Holding Guidance
Inghams (ASX:ING) jumped 7.4% on Monday to close at A$1.82. That might not sound huge, but for a stock that recently fell to an all-time low of around A$1.78 in March and is down about 55% over the past year, it was a big day. The rally came after…
oOh!media Jumps as A$770m Bid War Heats Up
oOh!media (ASX:OML) jumped around 7% on Monday after I Squared Capital lobbed a fresh takeover offer at A$1.45 per share. That values the outdoor advertising group at roughly A$770 million and tops the A$1.40 per share offer from Pacific Equity Partners (PEP) made on 29 April. The…
Dyno Nobel Shares Rise on 39% EBIT Jump
Dyno Nobel (ASX:DNL) jumped as much as 10.8% to a fresh 52-week high of A$3.68 today before settling at A$3.56, up 7.23%. The rally came after a strong first-half result that showed sharp profit growth across the explosives business. After two years of restructuring and selling off…
QBE Insurance Shares Slip Despite Strong Q1 Premium Growth
QBE Insurance (ASX:QBE) gave a quarterly update on Friday that looked good on paper. Total premium income grew 11% year-on-year to US$9.2bn, full-year guidance was reaffirmed, disaster claims remained within budget, and exposure to the Middle East conflict was small at around US$60m. The market still…
ASX Defence Stocks Rally as Iran Ceasefire Wobbles
US-Iran tensions flared again on Friday after the US Central Command intercepted Iranian attacks on Navy ships in the Strait of Hormuz. The UAE's air defences also engaged incoming missiles and drones soon after. The ASX 200 closed down 1.74%, oil pushed above US$101 a barrel, and…
Federal Budget 2026 CGT Changes for ASX Investors
The Federal Budget drops at 7:30 pm on Tuesday, 12 May. And one question is on every long-term ASX investor's mind this weekend: should you sell some shares before Treasurer Jim Chalmers stands up to speak? The 50% capital gains tax discount has been part of the…
Amplia (ASX:ATX) Adds Ovarian Trial with ANZGOG After Narmafotinib Hits 35% Pancreatic Response Rate
Amplia Adds Ovarian Trial After Pancreatic Success
Amplia Therapeutics (ASX:ATX) has opened a new chapter in its drug story. On 8 May, the small-cap biotech announced a partnership with the Australia New Zealand Gynaecological Oncology Group (ANZGOG) to test its lead drug, narmafotinib, in ovarian cancer. The new study, called PRROSE, will treat patients with…
REA Group Rebounds as Margins and Growth Improve
REA Group (ASX:REA) released its Q3 FY26 update on Thursday, and the result clearly resonated with investors. On Friday, while the ASX 200 plunged 1.5% on renewed Middle East tensions, REA Group defied the sell-off to gain 1.38%, closing at A$176.89. The numbers behind the result were…
Albemarle (NYSE: ALB), the world's biggest lithium producer, just delivered an eye-popping result. Profit jumped 672% to US$319 million in Q1 2026, blowing past expectations. The lithium business alone saw earnings nearly triple, and shares rallied sharply on the news.
For ASX lithium investors, this matters far more than one strong US quarter. We believe it's…
