Arafura Rare Earths (ASX: ARU) presents one of the most puzzling setups on the ASX right now. The company has locked in over A$1.35 billion in sovereign-backed funding from the US, Canada, Germany, and Australia, yet shares trade around A$0.25, down sharply from the October high of A$0.62. For investors watching the critical minerals space,…
Commercial momentum builds as Mesoblast targets two major 2026 catalysts: Adult label expansion and Revascor BLA filing.
Mesoblast (ASX: MSB) closed at A$2.91 last Friday, up 27% over the past month as investors position ahead of the company's expected US$30 million-plus Q2 revenue report. The share price is now close to its January high of…
TechnologyOne (ASX: TNE) has finally put one of Australia's longest-running employment disputes behind it. The Federal Court threw out a former manager's A$54.7 million claim late last week, clearing the Brisbane-based software company completely. For investors, this removes a legal cloud that has hung over the stock since 2016. But with shares trading around A$28.35,…
Austal (ASX: ASB) locked in more than A$1.16 billion in new contracts last week, cementing its position as Australia's go-to defence shipbuilder. The centrepiece is a A$1.029 billion deal to design and build 18 Landing Craft Medium vessels for the Australian Army. This was followed by a contract valued at over A$135 million for two…
Develop Global (ASX: DVP) climbed 4% to A$4.36 on Friday after securing a A$200 million underground development contract with global gold producer OceanaGold. The timing is notable: just one day after OceanaGold received final approval under the New Zealand Government’s Fast-track Approvals Act for its Waihi North Project, Develop locked in one of the largest…
Nova Minerals (ASX: NVA) dropped nearly 14 per cent to A$0.90 following the announcement of a US$20 million (approximately AUD 30.2 million) capital raise on the Nasdaq. The offering, priced at US$6.83 per American Depositary Share, will issue approximately 35.14 million new ordinary shares (representing 2.93 million ADSs) to fund exploration and development at the…
WiseTech Global (ASX: WTC) climbed 3 per cent to A$70.18 on Friday after founder and Executive Chairman Richard White was cleared of all misconduct allegations following a year-long external review. For a stock now down more than 50 per cent from its A$140 highs, this news marks a turning point. But with an ASIC investigation…
ANZ (ASX: ANZ) closed flat at A$36.03 on Friday after being hit with a record A$250 million penalty by the Federal Court, marking the largest fine ASIC has ever secured against a single company. Justice Jonathan Beach increased the penalty from the agreed A$240 million, finding parts of ANZ's conduct "inexcusable" with "no redeeming feature…
American Uranium (ASX: AMU), formerly known as GTI Ener gy, has delivered what management calls its best drill result ever at the Lo Herma project in Wyoming. The standout hole returned a total hole grade-thickness (GT) of 1.41, with mineralisation intersected across 7.6 metres of stacked sand units, a strong result that suggests…
Bapcor (ASX: BAP) jumped 14 per cent to A$2.02 on Thursday after announcing CEO Angus McKay has resigned, just 16 months into the job. The market's reaction tells you everything about how investors felt. When a stock rallies by double digits because the boss is leaving, it means shareholders wanted a change. The question now…
