Latest Market Positioning News

Metcash Limited is consolidating its Independent Hardware Group and Total Tools Holdings into a single entity to strengthen its hardware business, while FY25 earnings are poised to slightly exceed market expectations.

S&P Dow Jones Indices has announced its June 2025 quarterly rebalance, with notable additions and removals across major S&P/ASX indices effective June 23. These changes reflect evolving market dynamics and could influence investor portfolios.

Integral Diagnostics has announced the planned retirement of CEO Dr Ian Kadish at the end of FY26, with an international search underway for his successor. The transition comes as the company focuses on integrating its recent merger with Capitol Health.

Genetic Technologies Limited has signed binding term sheets to acquire Ellerfield Wealth and Walker Capital, marking a strategic shift into wealth management backed by a $7.8 million valuation and pending ASX approvals.

Freehill Mining has successfully produced a high-grade 65.75% iron concentrate from a 400kg bulk sample at its Yerbas Buenas Mine in Chile, setting the stage for a potential restart of magnetite mining operations.

Kincora Copper Limited has unlocked over A$110 million in partner funding through six strategic deals, advancing extensive drilling programs across its copper-gold projects in New South Wales and Mongolia. The company’s project generator model is driving exploration momentum with key partners including AngloGold Ashanti and innovative collaborators like Earth AI and Fleet Space.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

Apiam Animal Health announces the departure of CEO Chris Richards after nine years, appointing Bruce Dixon as interim managing director during the search for a permanent replacement.

FireFly Metals has secured C$25.8 million through a Canadian bought deal and an A$46 million Australian equity raise to fund expansion and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

AXP Energy has launched its first gas-to-power bitcoin mining operation at its Pathfinder field in Colorado, producing hydrocarbons from a new formation and planning rapid US expansion.

Dubber Corporation has confirmed it will retain its key contract with Virgin Media O2, securing guaranteed revenues for FY26 while implementing significant cost reductions to return to cash flow positivity by year-end.