Skip to Content

Month: April 2022

ZIP -4.56%: the BNPL company was out with their quarterly report for the 3 months to March and there was a bit to unpack – they also started trading under their new code, ZIP, previously Z1P (number 1).

RHC +24.24%: articles about a potential takeover of Australia’s largest hospital operator started popping up overnight forcing Ramsay to confirm the reports this morning.

PPS +15.32%: a strong rally for the investment platform today, bouncing back from recent weakness thanks to a decent funds under administration (FUA) update.

EML -38.56%: shares in the card payment business EML were dumped today after the company downgraded guidance for FY22. Revenue guidance was lowered to $225-235m, from $230-250m, and EBITDA guidance was cut 8% to $52-55m.

PTM -15.02%: the fund manager struggled today after trying to sneak through a disappointing FUM update after market yesterday. They saw $222m in net outflows, but FUM fell a total of $1,676m to $19.4b, down 8.6% in March as performance weighed.

ALG +6.18%: the theme park and entertainment company has offloaded its US Main Event business today to US listed Dave & Buster’s. The $US 835m deal, expected to complete later this year, will see 5,150 laser tag, bowling and entertainment sites change hands.

MIN +5.69%: following the surge in demand for lithium, Mineral Resources has announced it will accelerate its growth plans for both the Wodgina and Mt Marion assets. At Wodgina, they’re expecting first production from Train 1 to hit in May, and has now accelerated the resumption of production at Train 2 for first production in July.

PDL +18.08%: the fund manager received a takeover bid from competitor Perpetual (PPT) which sent the stock surging today. Perpetual’s non-binding indicative bid offered 1 PPT share for every 7.5 PDL, as well as $1.67/share in cash.

Back to top