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TechnologyOne announces 3-cent special dividend and strong growth in earnings

Brisbane-based TechnologyOne (ASX:TNE) will pay a special 3 cents per share dividend on top of its ordinary final payout, following a 16% increase in net earnings to just over $130 million for the year ending in September. This rise exceeded the company’s forecasted 10% to 15% increase in net earnings. The total dividend for the […]

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Stocks of the Hour: Pure Resources, CuFe, WT Financial Group

Pure Resources (ASX:PR1) announced a LIBS results of 11.7% lithium at their project in Sweden. In response, Pure’s Executive Chairman, Patric Glovac, commented, “Three known spodumene pegmatite occurrences are described just a few hundred metres east of the perimeter boundary of the licence area, at least one of them showing considerable volume proven by drilling.”

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ASX up 0.21% following Wall Street’s positive performance

Australian stock markets commenced the day with upward momentum, mirroring the positive trend seen on Wall Street. This surge was primarily attributed to Microsoft’s strong performance, which ignited a significant rally in the largest technology companies in the United States. Furthermore, energy-related stocks also saw gains, driven by the continued rise in crude oil prices.

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Investors cheer as Lucapa Diamond shifts focus from Merlin project

Investors have given a big thumbs-up to the surprise news that Lucapa Diamond (ASX:LOM) has halted the feasibility study for its Merlin project in the Northern Territory. In a statement to the ASX, the company blamed what it called “unfavorable capital market and diamond price environments.” Instead, it said it would start small and try

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ABx Group: Doubling Rare Earth resources and advancing sustainable aluminum production

Paul Sanger:I’m Paul Sanger for the Finance News Network and today I’m talking with ABX Group. Their ticket code is ABX and they have a market cap of around 17 million. ABX is a uniquely positioned, high-tech Australian company delivering materials for a cleaner future. They have three current significant projects. They’re creating an ionic

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