Cobram Estate Olives (ASX:CBO) Narrows Losses in 1HFY25, EBITDA Surges Over 75%

Cobram Estate Olives Limited (ASX: CBO) is an Australian company that specialises in the production and marketing of premium extra virgin olive oil. In the six months ended 31 December 2024 (1HFY25), CBO reported a 9.67% YoY increase in revenue, reaching AUD 124.77 million …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Australian Shares Plunge 6.5% in Worst Day Since 2020 Amid Global Market Turmoil

Australian shares suffered a brutal decline on Monday, with the benchmark S&P/ASX 200 index tumbling 6.5% to 7,169.20 points, marking its worst trading day since March 2020. The sharp fall came as global investors fled to the safety of bonds, rattled by renewed trade …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Abacus Storage King Shares Surge on Takeover Proposal from Global Consortium

Shares of Abacus Storage King (ASX:ASK) soared on Monday, following news of a major takeover proposal after market close on Friday. The stock surged by 15% to AU$1.33 during morning trading, buoyed by investor optimism around the bid. The self-storage company revealed it had …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Nuix Shares Dive as Tech Selloff and Trading Update Rattle Investors

It’s been another turbulent day for the Australian share market, with technology stocks bearing the brunt of the selloff. The local tech sector is reeling after Wall Street's Nasdaq Composite dropped roughly 6% on Friday, officially entering bear market territory. The ripple effects have …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Native Mineral Resources Receives AU$2.26M from Wes Maas to Fuel Gold Project Development

Native Mineral Resources Holdings Limited (ASX:NMR) has secured a further AU$2.26 million investment from Wes Maas, CEO and Managing Director of Maas Group Holdings (ASX:MGH), marking the second tranche of his total AU$6.8 million commitment under the company’s Maas Placement initiative. This additional funding …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Challenger Shares Surge After TAL Dai-ichi Life Buys 15.1% Stake at 53% Premium

Shares in Challenger Ltd (ASX:CGF) surged at the open on Monday, sharply contrasting with the broader market’s decline, after news broke of a strategic investment by Japanese insurance group TAL Dai-ichi Life. Challenger shares were up 12.5% to AU$6.20 at the time of writing …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins

Australian Tech Sector Slumps as Global Selloff Deepens, XIJ Hits Two-Month Low

Australian tech stocks were hammered in early trading Monday, with the ASX All Technology Index (XIJ) falling as much as 8.3%, hitting its lowest level since 15 February 2024. The sharp drop places the index on track for its biggest intraday percentage loss since …

Team Kalkine | 07 Apr 2025| Read Time : 10 Mins