Star Entertainment CEO Steps Down: What Next for SGR?
Star Entertainment (ASX: SGR) shares rose 9.52% to close at A$0.12 on 17 December 2025, rebounding from A$0.105 the previous day after the company announced CEO Steve McCann had stepped down effective immediately. This marks the second time McCann has guided a troubled Australian casino through…
Karoon Energy trades on 6x earnings as oil sentiment turns sour
Karoon Energy (ASX: KAR) fell alongside the broader ASX energy sector this week as oil prices dropped toward one-month lows. The stock now trades around A$1.64, well below its 12-month high, even as the company keeps generating solid cash flows and buying back its…
Recce secures A$85m R&D backing as Phase 3 nears
Recce Pharmaceuticals (ASX: RCE) hit a one-week high after landing an A$85 million Advanced Overseas Finding from AusIndustry. This ruling is among the largest reported under Australia’s R&D Tax Incentive program. The finding means Recce's international clinical programs now qualify for the government's 43.5% tax rebate…
Cynata Therapeutics (ASX: CYP) has completed patient enrollment in its Phase 2 clinical trial of a stem cell treatment called CYP-001 for acute graft versus host disease (aGvHD), a potentially life-threatening complication that affects up to 50 per cent of bone marrow transplant patients. With 65 participants now enrolled across clinical centres in the US,…
Medallion’s A$60M Raise Sets Up a 2026 Production Push
Medallion Metals (ASX: MM8) has secured an A$60 million funding package, with Lion Selection Group committing A$5 million to the raise. For investors watching the junior gold developer space, this backing from one of Australia's most respected resource-focused investment groups signals strong institutional conviction in the…
Neuren Pharmaceuticals (ASX: NEU) rose 2.5% yesterday after the US FDA approved DAYBUE STIX, a new powder formulation of its Rett syndrome treatment. The stock has surged 47% over the past year, significantly outperforming the broader ASX, and now trades at a market capitalisation of around AUD 2.55 billion. For investors watching the healthcare space,…
Gorilla Gold surges after a 900% resource increase: what's next?
Gorilla Gold (ASX: GG8) climbed another 5% yesterday after announcing a 900% jump in gold resources at its Comet Vale project in Western Australia. The resource has grown from around 96,000 ounces to 860,000 ounces, a remarkable result for a company that has quietly become…
South32 (ASX: S32) climbed 3.6% on Friday after Macquarie upgraded the stock to Outperform with an A$3.70 price target. The broker pointed to improved returns and a favourable commodity backdrop as reasons for the bullish shift. For investors watching the ASX resources space, this upgrade comes at an interesting time. Silver has surged 119% year-to-date, copper…
Alcoa’s (ASX: AAI) share price has almost doubled from its 52-week low of A$36.20 and is now trading around A$58. The stock hit a high of A$73.21 earlier this year before pulling back, but the business keeps getting stronger. Record smelter production, aluminium prices at their highest level in three years, and a major gallium…
BMC Minerals (ASX: BMC) made a strong entrance on the ASX on Friday, surging 25% from the A$2.00 IPO price to close at A$2.50. The oversubscribed A$100 million raising gives the company a market cap of roughly A$550 million, making it the largest non-gold mining IPO on the ASX since 29Metals in 2021. For investors,…
