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<WIRE> WCM Global Growth (ASX:WQG) Gains on Positive Half-Year Results

Shares in investment company WCM Global Growth (ASX:WQG) rose as much as 1.1% to A$1.45, the highest level since February 13.

The firm, based in Australia, reported a half-year net profit attributable of A$9 million, up by 41.9%.

The company also reported half-year revenues from ordinary activities of A$15.1 million, an increase of 32.9%.

The stock has risen 8.7% this year, as of the last trade.

The conversion rate used was $1 to A$1.5228.

WCM Global Growth (ASX:WQG) is an Australia-based investment company that primarily focuses on facilitating and managing significant investments and financial affairs.


<WIRE> Scentre Group (ASX:SCG) Set for Best Day in Over 2 Months on Strong Fiscal Year Results

Scentre Group (ASX:SCG) shares escalated as much as 3% to A$3.070, marking a trajectory towards its best day since December 14 if current trends maintain.

The property developer reported a fiscal year profit after tax (excluding unrealised fair value movements) of A$1.07 billion ($700.52 million), an increase of 16.7%.

It also recorded a 2.1% surge in fiscal year revenue to A$2.51 billion.

The company forecasts distributions are expected to be a minimum of 17.20 AU cents per security in 2024, slightly better than projections from Citi and Visible Alpha consensus expectations.

Citi retains a target price of A$2.95 per share and a ‘Neutral’ rating on the stock.

Despite this surge, the stock is down by about 0.3% this year as per the last close.

Scentre Group is a leading property developer in Australia.


<WIRE> Big River Industries (ASX:BRI) Drops Amid Weak Half Yearly Results

Shares of Big River Industries (ASX:BRI) saw a decline as high as 4.5% to A$1.90, marking their least value since late August the past year.

The wood producer, having a focus on timber, disclosed a half yearly profit from regular activities after tax attributable of A$7.1 million, a decrease by 44.8%.

The revenue from regular activities also dwindled by 5.9%, standing at A$218.8 million.

In addition to this, close to 140,700 shares were traded, running 3.8 times ahead of the thirty-day average volume.

As of the latest closure, the stock has depreciated by 5.2% this year.

Big River Industries is a company centered on wood production, with a prime focus on timber.



<WIRE> National Australia Bank (ASX:NAB) Reaches Near 9-Year High Following Exceptional First-Quarter Earnings

In a dramatic rise, National Australia Bank (ASX:NAB) soared as much as 1.8% to an impressive A$34.10, reaching its highest level since mid-May 2015.

This marked the bank’s most significant intraday jump since December 6, 2023, setting the stage for a sixth consecutive session of gains.

The second-largest lender in the country made headlines by reporting quarterly cash earnings of A$1.8 billion ($1.18 billion), surpassing consensus estimates by 4%, according to Citi.

Despite witnessing a near 17% fall on PCP, the bank maintains an optimistic outlook on the Australian economy.

As of its last close, the bank’s stock had an upward trajectory, witnessing an 8.5% rise this year.

National Australia Bank, one of Australia’s leading financial institutions, has a strong reputation for broad-based banking services.


<WIRE> Australian Dairy Nutritionals Group (ASX:AHF) Announces Sale Of Brucknell South Farm

Australian Dairy Nutritionals Group (ASX:AHF) has announced the sale of its Brucknell South Farm.

The sale will release necessary cash reserves for the group as it pursues its revised FY24 strategy which includes growing sales.

The remaining farm, Yaringa, produces sufficient organic A2 protein milk for the Depot Road facility at its full capacity.

The Australian Dairy Nutritionals Group is a company focused on providing high-quality dairy nutrition.



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<WIRE> Saturn Metals (ASX:STN) plunges on discounted capital raising

The share value of Saturn Metals (ASX:STN) fell by almost 18.8% to A$0.130, poised for its worst day since January 28, 2021 if the losses persist.

The stocks reached a new low since March 3.

The company successfully secured commitments to raise A$6 million from a share placement to fund its Apollo Hill Gold project.

The issue price was posted at A$0.125 per share, a significant 21.9% markdown from the stock’s latest closing price.

Alongside this, Saturn added that the Australian mining company, Lion Selection Group (ASX:LSX), shall become a cornerstone investor with a contribution commitment of A$3 million.

There is a planned share purchase program catering to existing shareholders to raise an additional A$2 million.

As of the recent closing data, the stocks of Saturn Metals (ASX:STN) have declined by 11% this year.

Saturn Metals is a leading gold exploration company in Australia, notable for its Apollo Hill gold project.




<WIRE> Superior Resources (ASX:SPQ) Soars Amid Highest Gains in Over a Year Following Assay Outcomes

Superior Resources (ASX:SPQ) saw its share value rise by an impressive 25%, reaching A$0.025.

This represents the most considerable intraday percentage gain the company has seen since June 2 of 2022.

The ascent in the value of Superior’s shares comes after the company revealed successful assay results.

Superior Resources discovered copper and gold assays of a relatively high grade at the Cockie Creek prospect, which is located within its Greenvale project in Queensland.

Trading volumes for Superior Resources were also high, with over 4.5 million shares being exchanged.

This represents a significant increase over the 30-day average, exceeding it by more than two times.

Despite the recent success, Superior Resources shares have fallen by 64.3% thus far this year, as of the last closing price.

Superior Resources is a mineral exploration company primarily focused on the development and exploration of base and precious metals, primarily in Australia.


<WIRE> Ballymore Resources (ASX:BMR) Sees Uptick on Promising Gold Discoveries at Queensland Project

Shares in exploration company Ballymore Resources (ASX:BMR) have soared as high as 15.8% to A$0.110, representing their peak since late September.

The company indicated that a soil sampling initiative at its premier Dittmer project in Queensland delivered high-grade gold results.

Ballymore Resources suggests that the novel soil results underline the project’s potential to nurture a major mineral system.

Approximately 102,219 shares had shifted possession as of the given report time, which lays 1.8 times over the 30-day average.

Despite the recent surge, the company’s stocks have depreciated roughly 37% this year, relative to the last closing data.

Ballymore Resources is an exploration company primarily engaged in gold discovery and mining projects.