ASX300 News Digest
Elders Advises on AIRR Scheme Election Results and Application Scaleback
Elders referred to its previous announcements regarding Elders proposed acquisition of AIRR Holdings (AIRR) by way of scheme of arrangement (Scheme). The total number of valid...
Westgold Resources Announces Short Form Prospectus
Westgold Resources announced prospectus for an offer to transfer Castile Shares to Shareholders of the Company pursuant to a Capital Reduction by way of In-specie Distribution being...
Syrah Resources Provides Operational Review and Q3 2019 Update
Syrah Resources updated that it has established a position as a globally significant natural graphite producer and the first major exporter into China. As reported, the Company's...
Wisetech Global Announces to Respond to Misinformation in the Market
Wisetech Global announced that it requested a trading halt to ensure that trading did not take place in an uninformed or false market. The Report, purports to be the first in a...
Syrah Resources Announces Operational Review and Restructure
Syrah Resources announced that in response to a sudden and material drop in flake graphite prices during Q3 2019, a structural review of the Company has been completed. The Company...
South32 Announces Changes Relating to Buy-Back - Appendix 3D
South32 announced that it intends to buy back up to the number of shares for which the total buy-back consideration paid or payable is up to US$1,010,487,838. The Company updated...
Cardno Announces Federal Court of Australia Approving Scheme Of Arrangement
Cardno announced that the Federal Court of Australia (Court) has made orders approving the scheme of arrangement (Demerger Scheme) to effect the demerger of Intega Group (Intega)...
St Barbara Provides FY 2020 Production and Cost Guidance Update
St Barbara provided the revised production and cost guidance update for the full financial year FY 2020. On completion of the regular quarterly operational reforecast at Gwalia, the...
IOOF Holdings Provides Update on Federal Court Proceedings
IOOF Holdings referred to the decision by The Federal Court of Australia regarding proceedings brought by APRA against two of Company's APRA regulated entities and certain directors...
ERM Power Provides Transaction Update
ERM Power proposed recommended acquisition of Company by Shell Energy Australia by way of a scheme of arrangement (Scheme), further details of which are set out in its scheme...
Tassal Group Receives Major Approvals for Stage 3 Expansion of Proserpine Prawn Farm
Tassal Group announced that it has received all major approvals from the Whitsunday regional Council and Qld State Government for the Company's Stage 3 expansion plans for its prawn...
Sydney Airport Provides Traffic Performance Report For September 2019
Sydney Airport provided Traffic Performance Report for September 2019. It reported International passenger numbers were up 1.9% on September 2018 and growth is holding steady at...
Mount Gibson Iron Provides September 2019 Quarterly Activities Report
Mount Gibson Iron provided September 2019 quarterly activities report. It reported total iron ore sales of 1.4Mwmt in the quarter, comprising 0.7 Mwmt of high-grade direct shipping...
Seven West Media Provides Presentation on Merger With Prime Media and Divestment of WA Radio Assets
Seven West Media provided presentation on merger with Prime Media and Divestment of WA Radio Assets. It reported All-scrip transaction to be implemented by way of a Prime Scheme of...
Seven West Media Announces Merging with Prime And Divestment of Redwave to Southern Cross Media
Seven West Media announced two strategic initiatives. This includes Merging Company with Prime Media Group (Prime) through a 100% scrip-based Prime scheme of arrangement; and...
Southern Cross Media Group Notes Regarding SCA's Announcement to Acquire Redwave Media
Southern Cross Media Group noted that Southern Cross Austereo (SCA) announced that it proposes to acquire the WA regional radio business (Redwave Media) of Seven West Media Group...
CIMIC Group Announces Broad to Deliver Inner City South State College
CIMIC Group announced that Broad Construction (Broad), has been selected by the Qld Government to deliver stages 1 and 2 of the new Inner-City South State Secondary College in...
Wisetech Global Trading Halted
The securities of Wisetech Global ('WTC') will be placed in trading halt at the request of WTC, pending it releasing an announcement. Unless ASX decides otherwise, the securities...
Bank of Queensland Announces FY2019 Results Presentation - Speaking Notes
Bank of Queensland announced FY2019 results presentation stating that statutory net profit after tax decreased 11% from FY18 to 298m dollars, and cash earnings after tax decreased...
Wisetech Global Announces Pause In Trading
Trading in the securities of Wisetech Global will be temporarily paused pending a further announcement.
Ingenia Communities Group Provides Retail Entitlement Offer Booklet
Ingenia Communities Group provided retail entitlement offer booklet for fully underwritten $109.8m 2 for 17 accelerated non-renounceable entitlement offer to Eligible Retail...
Ingenia Communities Group Completes Institutional Component of $131.1m Capital Raising
Ingenia Communities Group announced the successful completion of the $21.3m placement of 5.4m securities and the institutional component of the entitlement offer at an issue price...
IOOF Holdings Provides Update on Acquisition of ANZ P&I
IOOF Holdings announced the receipt of the No Objection Notices from both OnePath Custodians (OPC) and Australia and New Zealand Banking Group (ANZ) in relation to the transfer of...
MyState Provides MD's Address to 2019 AGM
MyState provided MD's address to 2019 Company AGM. It reported the first relates to the results of a brand survey which was focused on customer trust in which 95% of participants...
MyState Provides Chairman's Address to AGM
MyState provided Chairman's address to Company shareholders at AGM. It reported Statutory NPAT fell 1.5% to $31m, but when the discontinued operations are excluded NPAT fell from...
Alumina Notes On Alcoa Corp's Third Quarter 2019 Earnings Release
Alumina noted Alcoa Corp's (Alcoa) quarterly earnings release. It reported 17% fall in API only partially offset by higher production, lower AUD exchange rate and lower maintenance...
Whitehaven Coal Provides Chairman's Address and MD's Presentation at the AGM
Whitehaven Coal provided Chairman's Address and MD's Presentation at the Company's AGM. It reported of producing a record 23.2Mt of ROM coal on a managed basis. The equity sales...
Steadfast Group Provides 2019 AGM Addresses to Shareholders
Steadfast Group provided Chairman's address, MD and CEO's address and AGM presentation. It reported Underlying revenue was up 21.4% year-on-year to $688m. The Underlying diluted EPS...
South32 Provides Quarterly Activities Report For September 2019
South32 provided quarterly activities report for September 2019. It reported net cash increased by US$163m to US$527m following the allocation of a further US$74m to its on-market...
Mesoblast Announces Of Entering Into An Agreement for Commercial Manufacture of remestemcel-L
Mesoblast announced that they have entered into an agreement for commercial manufacture of Company's lead allogeneic (off-the-shelf) cell therapy product candidate, remestemcel-L...
IMF Bentham Issues Retail Entitlement Offer Booklet
IMF Bentham issued retail entitlement offer booklet for a fully underwritten accelerated non-renounceable pro-rata entitlement offer of 1 New Share for every 5.8 Shares held by...
Superloop Announces Successful completion of Retail Entitlement Offer
Superloop announced a fully underwritten $92.2m equity raising via a fully underwritten two-tranche placement to institutional investors to raise $57.6m (Institutional Placement);...
IMF Bentham announced the successful completion of the institutional placement (Placement) and the institutional component (Institutional Entitlement Offer) of its 1 for 5.8...
Northern Star Resources Provides September 2019 Quarterly Activities Report
Northern Star Resources provided September 2019 quarterly activities report. It reported gold sold in the September 2019 quarter of 184,005oz at an AISC of A$1,493/oz. Underlying...
Santos Provides Third Quarter Activities Report For Period Ending 30 September 2019
Santos provided third quarter activities report for period ending 30 September 2019. It reported third quarter production of 19.8 mmboe was a record for Company and 32% up on the...
HT&E Extends Contracts Of Three Breakfast Shows In Sydney And Melbourne
HTamp;E announced it had extended contracts for three of its top Breakfast Shows in Sydney and Melbourne. The Company announced that after a successful first twelve months in...
Bank of Queensland Provides FY 2019 Results Presentation
Bank of Queensland provided FY 2019 results presentation. It reported continued momentum in niche segments and VMA, further contraction in BOQ Retail. BOQ Finance growth is of 15%....
Caltex Australia Provides CRM Update For Q3 2019
Caltex Australia advised its Caltex Refiner Margin (CRM) in respect of CRM sales from production for the 3-month period from July to September 2019. The Q3 2019 CRM was...
Insurance Australia Group Agrees Sale of 26% Interest in SBI General
Insurance Australia Group agreed to sell the whole of its 26% interest in its JV with the State Bank of India, SBI General Insurance Company (SBI General), via two transactions....
BHP Group Provides Operational Review for Quarter Ended 30 September 2019
BHP Group provided operational review for the quarter ended 30 September 2019. It reported group copper equivalent production decreased by 3% in the September 2019 quarter largely...
Bank of Queensland Announces FY 2019 Annual Results
Bank of Queensland announced FY 2019 cash earnings after tax of $320m, down 14% on FY 2018. Statutory net profit after tax decreased by 11% to $298m. Basic cash EPS was down 16% to...
Woodside Petroleum Provides Third Quarter Report For Period Ended 30 September 2019
Woodside Petroleum provided third quarter report for period ended 30 September 2019. It reported of delivering production of 24.9 MMboe, up 44% from the previous quarter. The 2018...
Harvey Norman Holdings Announces Closing Of Renounceable Pro Rata Entitlement Offer
Harvey Norman Holdings released the results of the pro rata entitlement offer (Entitlement Offer) announced on 30 August 2019 to raise $173.49m (before costs) and which closed on 11...
WorleyParsons Provides Media Update
WorleyParsons noted the report about Company's in edition of the Australian Financial Review. It confirmed that it has provided information about its operations to the Foreign...
Sigma Healthcare Provides Presentation On Citi Group Investor Conference
Sigma Healthcare provided presentation On Citi Group investor conference. It reported Project Pivot is on target to deliver $100m efficiency gains. The Company community pharmacy...
Origin Energy Provides 2019 AGM Presentation
Origin Energy provided 2019 AGM Presentation. It reported Underlying profit increased 42% year on year, as increased Australia Pacific earnings offset headwinds in the Energy...
Ingenia Communities Group Provides Acquisitions and Equity Raising Presentation
Ingenia Communities Group provided acquisitions and equity raising presentation. It reported of fully underwritten Equity Raising of $131.1m comprising; A 2 for 17 accelerated...
Ingenia Communities Group announced a 2 for 17 accelerated non-renounceable pro rata entitlement offer to existing security holders (the Entitlement Offer) to raise $109.8m and an...
Phoslock Environmental Technologies Provides Business Update
Phoslock Environmental Technologies provided business update. It reported FY 2019 Revenue guidance reaffirmed at $27-30m. The Global project pipeline is greater than $330m. The...
Ingenia Communities Group Trading Halted, Pending Company Announcement
The securities of Ingenia Communities Group will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 17...
Northern Star Resources Acquires Control Of Echo Resources
Northern Star Resources referred to its recommended cash takeover offer of A$0.33 per share for all of the issued shares of Echo Resources (Echo) (the Offer), as set out in...
Challenger Reports First Quarter Results
Challenger reported first quarter results, with total assets under management (AUM) increasing by 3% ($3bn) to $84bn, driven by sound net flows across the business and positive...
Village Roadshow Provides Investor Presentation
Village Roadshow provided investor presentation. It reported FY 2020 has started well with 1Q 2020 admissions up on the pcp. Deferred revenue as at 30 June 2019, from the sale of...
OZ Minerals Provides Third Quarter Report For Three Months Ending 30 September 2019
OZ Minerals provided third quarter report for the three months ending 30 September 2019. It reported Total recordable injury frequency per million hours worked of 6.77 was higher...
Rio Tinto Releases Third Quarter Production Results
Rio Tinto released third quarter production results. It reported third quarter production of 87.3Mt was 6% higher than the same quarter of 2018 and 10% higher than the previous...
OceanaGold Corporation Announces Revised 2019 Guidance Releases Preliminary Q3 Results
OceanaGold Corporation announced that due to the local government unit blockade impacting operations in the Philippines, it is revising full year guidance. The Company updated that...
Navigator Global Investments Provides September 2019 AUM Update
Navigator Global Investments provided the following update on Assets Under Management reporting US$14.19 bn as at 30 June 2019, and US$13.53 bn as at 30 September 2019. Net outflows...
Nick Scali Announces Profit Guidance
Nick Scali announced that the difficult trading conditions that the Company referred to in its announcement on the 8th August 2019 have continued into the first three months of the...
Cooper Energy Provides September 2019 Quarterly Activities Report
Cooper Energy provided September 2019 quarterly activities report. It reported sales revenue for the 3 months to 30 September 2019 (the September quarter) was $22.7m; 21% higher...
Cooper Energy Announces Discovery Of New Gas at Dombey-1DW1
Cooper Energy advised that the Dombey-1DW1 exploration well has encountered gas in the primary target Pretty Hill Formation. A gross gas column of 44.5 metres, with an estimated net...
McMillan Shakespeare Provides Clarification of Scale Back Under $80m Off-Market Buy-Back
McMillan Shakespeare announced the successful completion of its Off-Market Buy-Back (Buy-Back), including that the Buy-Back has been supported and as a result the Buy-Back Price of...
IMF Bentham Provides Investor Presentation On Acquisition of Omni Bridgeway and Capital Raising
IMF Bentham provided investor presentation on acquisition of Omni Bridgeway and Capital Raising. It reported the Company has executed a binding agreement to acquire 100% of Omni...
IMF Bentham Provides Update On Acquisition of Omni Bridgeway And Associated Equity Raising
IMF Bentham announced that it has entered into a binding share purchase agreement (Sale Agreement) to acquire Omni Bridgeway Holding for up to A$141m in total consideration...
Maca Provides Contract Award Update
Maca announced the award of the Bulk Earthworks For Access Roads and Infrastructure Contract for the Iron Bridge Magnetite Project, a JV between Fortescue Metals Group subsidiary...
IMF Bentham Trading Halted, Pending Company Announcement
The securities of IMF Bentham will be placed in trading halt session state at the request of the Company, until the earlier of the commencement of normal trading on 17 October 2019...
NRW Holdings Notes On Golding Receiving Civil Works Contracts at Blackwater Mine
NRW Holdings announced that its wholly owned subsidiary Golding Contractors (Golding) has been awarded a contract by BHP Mitsubishi Alliance (BMA) for civil works at the Blackwater...
APN Industria REIT Announces Value-Add Acquisition to Leverage Platform at Brisbane Technology Park
APN Industria REIT noted that APN Funds Management (APN), as Responsible Entity and Manager of Company announced the acquisition of 10 Brandl St, Eight Mile Plains, Qld for $10.0m....
Southern Cross Media Group Provides Trading Update and Earnings Guidance
Southern Cross Media Group provided the trading update and guidance for the six months ending 31 December 2019. Media markets have been weak across the first quarter. The Company's...
Evolution Mining Provides September 2019 Quarterly Report
Evolution Mining provided September 2019 quarterly activities report.It reported record mine operating cash flow of A$278.7m, 30% increase on prior quarter. The Net cash position...
Newcrest Mining Announces Approval To Proceed For Stage 1 of Cadia Expansion Project
Newcrest Mining approved to Execution phase the first of two stages in the Cadia Expansion Project. The first stage comprises commencement of the next cave development (PC2-3) and...
Nine Entertainment Co. Holdings referred to the off-market takeover bid made by its subsidiary Fairfax Media (Nine Bidder) in respect of all of the FPO shares in Macquarie Media,...
Pilbara Minerals Announces SPP Closed Oversubscribed
Pilbara Minerals advised that it has received applications totalling A$27.3m under its share purchase plan to raise up to A$20m ("SPP"). The acceptance period in respect of the SPP...
Syrah Resources Announces to Finalize Issue of Convertible Note
Syrah Resources announced that it has delivered the issue notice for the convertible note to AustralianSuper Pty for the full-face value of A$55.8m (US$37.8m). Proceeds from the...
Westgold Resources Reports Exploration Highlights as at 30 September 2019 Quarter
Westgold Resources released its exploration highlights for the period ending 30 September 2019. Fortnum Gold Operations results from resource definition returned 33 m at 2.78 g/t Au...
IMF Bentham Provides Investment Portfolio Report at 30 September 2019
IMF Bentham provided investment portfolio report at 30 September 2019. It reported during the quarter ended 30 September 2019, the Company recognised consolidated gross income of...
Karoon Energy Completes Bauna Debt Facility Agreement
Karoon Energy announced that its wholly owned subsidiary Karoon Petroleo e Gas (KPG) has signed a senior secured term loan facility (the facility) of up to US$275m. The facility has...
McMillan Shakespeare Announces Completion of $80m Off-Market Buy-Back
McMillan Shakespeare announced the successful completion of its $80m Off-Market BuyBack (Buy-Back). The Buy-Back Price of $13.74 has been set at the maximum specified discount of...
Paladin Energy Provides Presentation on PFS Outcomes
Paladin Energy reported that Prefeasibility Study (phase 1-PFS1) confirms 12-month execution lead time for low risk restart. There is an opportunity to increase production at...
Paladin Energy announced improved economics to re-start its flagship Langer Heinrich Mine in Namibia following the completion of the first stream of the Pre-Feasibility Study (PFS)...
Northern Star Resources Finalises Executive Remuneration Arrangements
Northern Star Resources advised that the FY 2020 remuneration for Executive Chairman Mr. Bill Beament and CEO Mr. Stuart Tonkin has been finalised. The FY 2020 Share Plan, under...
Santos Announces Acquisition of ConocoPhillips' Northern Australia Interests
Santos announced acquisition of ConocoPhillips' northern Australia business with operating interests in Darwin, Bayu-Undan, Barossa and Poseidon for US$1.39bn plus a $75m contingent...
Carnavon Petroleum Reports Positive Cash Flow of $58.47m for the September 2019 Quarter
Carnavon Petroleum reported positive cash flow of $58.47m for quarter ended 30 September 2019. Operating cash flow for the period was $(19.94m). Payments for exploration and...
Carnarvon Petroleum Provides September 2019 Quarterly Activities Report
Carnarvon Petroleum provided September 2019 quarterly activities report. It reported in corporate matters, the Company raised $82.5m through an institutional placement and share...
Fisher & Paykel Healthcare Corporation Upgrades Guidance on US Release of New OSA Mask
Fisher amp; Paykel Healthcare Corporation announced that it has upgraded its revenue and earnings guidance for the financial year ended 31 March 2020, following receipt of...
McMillan Shakespeare Announces Off Market Buy-Back - Market Price
McMillan Shakespeare announced that it would undertake an Off-Market Buy- Back (Buy Back) of $80m. The Company updated that the Market Price for the Buy-Back has been determined to...
GWA Group Announces Refinance of Syndicated Banking Facility
GWA Group announced that it has completed the refinance of its syndicated banking facility. The facility comprises a single three-year multicurrency revolving facility of A$210m...
iSIGNTHIS Responds To ASX Query
Isignthis responded to ASX query stating that the Company currently has 20 relatively small customers (among over 310 current and former contracted legal entities) who deal in...
Perpetual Provides First Quarter 2020 FUM Update
Perpetual announced Perpetual Investments' funds under management (FUM) as at 30 September 2019 of $26.1bn a decrease of $1.1bn on the prior quarter. Total average FUM for the three...
Pendal Group Provides Update On FUM for Quarter Ended 30 September 2019
Pendal Group announced its funds under management (FUM) for the September 2019 quarter at $100.4bn, down 1%. FUM was supported by mildly positive global equity markets and a lower...
HUB24 Provides Reports Record Q1 Net Inflows of $1,238m
HUB24 provided September quarter FY 2020 Highlights. It reported quarter net inflows of $1,238m (up 94% on pcp), with Gross Inflows of $1,673m. The Company platform continues to...
Silver Lake Resources Provides September 2019 Quarterly Activities Report
Silver Lake Resources provided September 2019 quarterly activities report. It Reported group production of 59,288 OZ gold and 734t copper for the quarter, with sales of 56,683 OZs...
TPG Telecom Reports NPAT Down 56.21% to $173.8m for the Year to 30 June 2019
TPG Telecom reported NPAT down 56.21% to $173.8m for the year ended 30 June 2019. Revenue from ordinary activities were $2,477.4m, down 0.7% from last year. Basic and Diluted EPS...
Macmahon Holdings Reports Net Profit of $46.092M for the Year to 30 June 2019
Macmahon Holdings reported net profit of $46.092m for the Year to 30 June 2019. Revenues from ordinary activities were $1.103m. Diluted EPS was 2.12 cents compared to 1.52 cents...
Austal Reports Net Profit of $61.384M for the Year to 30 June 2019
Austal reported net profit of $61.384m for the year ended 30 June 2019. Revenues from ordinary activities were $1,852.074m. Diluted EPS was 17.3 cents compared to 10.8 cents last...