Author: Shawn Hickman
Sunrise Energy Metals (ASX: SRL) is soaring ~9%, 24-hours after joining the ASX 200.
Perpetual has plunged ~14% this morning following the boards rejection of EQT’s 3rd offer.
PDI Gold (PDI) is surging higher, outperforming a strong gold sector.
DroneShield (DRO) has bounced ~5% this morning after making a fresh 52-week low on Wednesday.
Reliance Worldwide (RWC) is ~5% today as the Brookfield takeover has moved from indicative to binding, with unanimous board recommendation.
Telix Pharmaceuticals (TLX) is trading ~10% higher today driven by the US FDA has approved Telix’s Pixclara (floretyrosine F18), providing the company with another commercial product in the world’s largest healthcare market.
Cleanaway Waste Management (CWY) is trading up more than 3% after having confirmed that EQT Infrastructure remains committed to acquiring 100% of the company at no less than its previously indicated offer price following completion of its due diligence review.
Capstone Copper (CSC) is trading ~9% lower as the “Cu Trade” unwinds after reports that the White House has not yet decided whether to impose tariffs on refined copper.
GrainCorp is under pressure today after announcing a delay to Release 1 of GrainCorp’s SAP implementation until Q2 CY27.
Westgold (WGX) trading down more than 5% this morning after its FY27 production and cost guidance, released after market close yesterday has underwhelmed investors.
