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<WIRE> Precision BioSciences (ASX:DTIL) Rises After Finalizing Cancer Therapy Agreement with Imugene

The shares of Precision BioSciences (ASX:DTIL) have marked a rise of 21.6% to $0.64 in the premarket trading after the drug developer completed a transaction with Imugene for global rights to its lead cancer therapy.

As per the approved agreement, Precision BioSciences (ASX:DTIL) is to receive $227 million in upfront and milestone payments.

These upfront payments and reduced operating costs extend the cash runway of the company through the third quarter of 2025.

It is notable that the company’s stock had dropped around 55% year-to-date before this development.

Precision BioSciences (ASX:DTIL) is a drug developer primarily focused on developing cancer therapies.


<WIRE> Yancoal Australia (ASX:YAL) Announces HY Revenue From Ordinary Activities A$3,976 Million

Yancoal Australia (ASX:YAL) provides an update on its financial performance for the year.

The revenue from ordinary activities in the first half of the year totaled A$3,976 million, down from A$4,776 million.

The company also confirmed that its guidance for 2023 attributable saleable production remains between 31 million tonnes and 36 million tonnes.

The net profit after tax attributable (after non-recurring items) for the first half of the year was A$973 million, a decline from the previous A$1,738 million.

Yancoal has declared an interim dividend of A$0.3700 per share fully franked.

The guidance for 2023 cash operating costs continues to stay between A$92/tonne and A$102/tonne.

Additionally, the company has revised down its 2023 capital expenditure guidance to between A$600 million and A$750 million.

Yancoal Australia (ASX:YAL) is a leading coal mining company in the country.


<WIRE> QV Equities (ASX:QVE) Announces HY Profit After Tax Attributable to A$9.2 Million

QV Equities (ASX:QVE) recently reported an increase in their half-yearly profit after tax.

The reported figure stands at A$9.2 million, which presents a 49% increase.

They also revealed a rise in revenue from ordinary activities, with the new figure being A$12.9 million, marking a 31% uptick.

Furthermore, a final fully-franked dividend for the 2023 financial year of 1.3 AU cents per share is set to be paid on September 1.

QV Equities (ASX:QVE) is a investment firm focused on diversified Australian equities.





<WIRE> Battery Age Minerals (ASX:BM8) sees a surge following spodumene discovery

The shares of Battery Age Minerals (ASX:BM8) witnessed a surge of up to 15.8%, reaching A$0.44 - their highest intraday gain since July 26.

This is in response to the company’s announcement of a new spodumene find at its Falcon Lake Lithium Project in Canada, which has extended their exploration area by about 5 kilometers.

Battery Age Minerals (ASX:BM8) also reports the discovery of nine new pegmatite ores with visible spodumene content varying between 5% to 20%.

Their exploration team plans to keep adding more drilling targets in the ensuing weeks.

Despite this recent gain, the company’s stock has seen a 24% fall this year up till the last close.

Battery Age Minerals (ASX:BM8) is a company specializing in the exploration and production of various minerals, primarily focusing on lithium.


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<WIRE> Bapcor (ASX:BAP) Tops ASX 200 After Meeting Annual Profit Expectations

Shares of Bapcor climbed as much as 8% to A$6.93, their highest since December 6, following the announcement of the company’s annual profit meeting projections.

The vehicle parts producer reported a Fiscal Year 2023 (FY23) net profit after tax in accordance with estimates from Citi and UBS.

However, FY24 guidance is predicted to be 1% below Visible Alpha’s consensus.

Citi anticipates low-to-mid single digit reductions to Visible Alpha’s FY24 EBITDA consensus of A$334 million.

UBS predicts that the company’s earnings will have a second half skew in FY24.

The company observed its highest intra-day percentage gain since February 10, 2022.

Bapcor also came out as the top performer on the ASX 200.

As of the last closure, the stock was down by 0.6% for the year.

Bapcor is a leading vehicle parts producer.


<WIRE> FINEOS Shares Dip Amid Mediocre Earnings, Discounted Stock Offering (ASX:FCL)

Shares in Australian corporation FINEOS (ASX:FCL) fell by 16.1% to A$2.1, plunging to their lowest since July 10th.

The company reported a FY23 EBITDA of 2 million euros ($2.18 million), a sharp decline of 70.2% from FY22 levels.

The total revenue for FY23 was recorded as 125 million euros, which is a minor downfall of 1.7% from the preceding year.

For FY24, FINEOS forecasts a revenue between 131 million and 135 million euros, which falls short of Citi’s anticipations.

The Ireland-based software vendor has plans to raise A$40 million ($25.79 million) at an offer price of A$2.25 per share, a move which didn’t raise eyebrows at Citi.

This offer price reflects almost 12% discount to the stock’s closing price on Monday.

Citi reports potential upside risk to costs should FINEOS decide to bolster R&D investment.

Consequently, the stock faced its largest intraday fall since February 24th.

Despite the day’s loss, the stock has risen 67.2% this year, up to the last closing.

FINEOS is an Ireland-based software vendor.



<WIRE> Woodside Energy Group (ASX:WDS) Experiences Decline as Union Talks Continue

Shares of Woodside Energy Group (ASX:WDS) took a hit reaching an all-time low of 1.35% to A$38.23, a record not seen since August 11.

The independent oil and gas producer relayed that progress was being made in ongoing discussions with unions.

This led to preliminary agreement on salient work-related issues.

Despite the progress, Woodside and the unions are yet to be on the same page in respect of pay and terms.

The Offshore Alliance, an amalgamation of unions, reports that discrepancies remain.

The unions argue that with regard to key bargaining points, including job stability and compensation, Woodside is notably lagging behind.

Despite grappling with these union issues, the company’s shares have seen an upswing of 9.03% for the year as of the last close.

Woodside Energy Group (ASX:WDS) is an independent oil and gas producer.


<WIRE> AML3D (ASX:AL3) Jumps on US Navy Contract

Shares of AML3D (ASX:AL3) soared by as much as 39.7% to A$0.088 achieving their biggest intraday percentage gain since February 7.

AML3D, a contract manufacturing services provider, announced it has received an order worth A$2 million from the U.S.

Navy to manufacture high-demand submarine parts.

The company stated that this contract accelerates its strategy to integrate 3D metal printing technology into the U.S.

Navy’s submarine industrial base.

The stock reached its highest level since April 17.

Despite the current surge, the stock has declined by 19.2% this year till the last close.

AML3D is a provider of contract manufacturing services with a special focus on 3D metal printing technology.