Perpetual Ltd:
- TOTAL ASSETS UNDER MANAGEMENT WERE A$212.1 BILLION, AS AT QUARTER END
- TOTAL EXPENSE GROWTH FOR FY23 IS EXPECTED TO BE APPROXIMATELY 40%
The Director's Commentary of the ASX.
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Perpetual Ltd:
- TOTAL ASSETS UNDER MANAGEMENT WERE A$212.1 BILLION, AS AT QUARTER END
- TOTAL EXPENSE GROWTH FOR FY23 IS EXPECTED TO BE APPROXIMATELY 40%
Kincora Copper Ltd (ASX:KCC) has requested a trading halt pending an announcement of a proposed acquisition and capital raising.
Source: Reuters
Microba Life Sciences Ltd (ASX:MAP) reported that its Q4 FY23 unaudited revenue totalled A$2.25M, up 21.5% year over year.
Lumos Diagnostics Holdings Ltd (ASX:LDX) has announced that it has secured a feasibility project with Burnet Diagnostics Initiative.
The company will be collaborating with Burnet Diagnostics Initiative for the project.
Bluebet Holdings Ltd (ASX:BBT) has announced a record quarterly net win of A$14.9 million.
Allkem Ltd (ASX:AKE) reported that its lithium carbonate sales for the second quarter were 3,430 tonnes. The company generated a group revenue of $334 million in the June quarter, up from $315 million in the previous quarter. Allkem produced 16,703 tonnes of lithium carbonate at its Olaroz lithium facility for the full year. The Olaroz Stage 2 achieved first wet production in mid-July and will continue its commissioning and ramp up over the next 12-18 months. Mt Cattlin, another facility operated by Allkem, achieved an annual production of 130,984 tonnes of spodumene concentrate. The ore reserve update confirms an additional 4-5 year mine life until 2027-2028. Sales for the September quarter are expected to be materially higher from Olaroz Stage 1. The company has received regulatory approval for the mining of the first cutback (Stage 4-1) of the open pit at Mt Cattlin, ensuring continued spodumene production until 2026.
July 27 (Reuters) - Pilot Energy Ltd:
Pilot Energy Ltd (ASX:PGY) has announced plans to acquire Triangle Energy’s interest in the Cliff Head Oilfield JV.
Under the agreement, Triangle Energy will receive staged consideration payments, including A$3 million and A$4.5 million in cash milestone payments from Pilot Energy. Triangle Energy will also retain exposure to the CCS project through royalties.
Further company coverage: Pilot Energy Ltd (ASX:PGY)
Qantas Airways Ltd QAN.AX has announced that its flying kangaroo has donated A$2 million to regional communities.
Alkane Resources Ltd (ASX:ALK) reported quarterly gold production of 15,822Oz for Tomingley Gold Operations. The company's FY2023 full-year gold sales were 70,498Oz for Tomingley Gold Operations.
Australian Agricultural Company Ltd (ASX:AAC) refers to media reporting of charges being brought against significant shareholder. The board has sought legal advice on matters relating to AACO.