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Bega warns of potential $180 million impairment due to rising dairy prices

Bega Group (ASX: BGA), Australia’s largest locally owned food group, has issued a warning stating that escalating dairy prices could result in a substantial non-cash impairment of up to $180 million. This impairment is expected to push the company into a statutory loss for the year ending on June 30. In an announcement made to […]

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ASX up 0.59% at noon: BHP CEO sends message regarding critical minerals

BHP Group (ASX:BHP) CEO Mike Henry cautions against excessive government intervention in global critical minerals supply chains, emphasising the importance of international cooperation and competition to effectively accelerate the energy transition and combat climate change. At noon, the S&P/ASX 200 is 0.59 per cent higher at 7,120.70. The SPI futures are pointing to a rise

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Stocks of the Hour: INOVIQ, Forrestania, Lincoln, Tamboran

INOVIQ (ASX:IIQ) has announced excellent results from an independent clinical validation study of the company’s SubB2M/CA15-3 test for breast cancer detection. CEO Dr Leearne Hinch said: “Our blood test detected all-stages of breast cancer with 81% sensitivity and 93% specificity, outperforming a leading CA15-3 test.” Shares are trading 19 per cent higher at 60 cents.

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Chimeric Therapeutics (ASX:CHM) launches phase 1b glioblastoma trial

Chimeric Therapeutics Limited (ASX:CHM) CEO and Managing Director Jennifer Chow discusses promising results in the company’s lead therapy for glioblastoma, and the timeline for the recently launched Phase 1b trial. Tim McGowen: Today we’re talking with Chimeric Therapeutics (ASX:CHM). Market cap of around $16m. We have with us the CEO and Managing Director, Jennifer Chow.

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