Market Shrugs at Vulcan Energy’s [ASX:VUL] French Expansion
Vulcan Energy [ASX:VUL] has announced a ‘strategic expansion’ of its lithium business into France.
Lake Resources [ASX:LKE] Kachi Demo Plant Produces ‘At Spec’ Lithium
Lake Resources [ASX:LKE] Kachi Demo Plant Produces ‘At Spec’ Lithium
Lithium developer Lake Resources [ASX:LKE] announced that its Kachi demonstration plant produced ‘at spec’ lithium product.
Bubs [ASX:BUB] Shares Sink: Cash Burn Persists in 1Q23 as China Market ‘Oversupplied’
Bubs [ASX:BUB] Shares Sink: Cash Burn Persists in 1Q23 as China Market ‘Oversupplied’
Infant formula manufacturer Bubs Australia [ASX:BUB] was down more than 10% on Monday following the release of its 1Q23.
IGO [ASX:IGO] Flat on ‘Improved’ September 2022 Quarter
IGO [ASX:IGO] Flat on ‘Improved’ September 2022 Quarter
Diversified miner IGO Group [ASX:IGO] reported an improved September quarter with ‘record sales revenue and EBITDA’.
Brainchip [ASX:BRN] September Quarter: Market Conditions a ‘Headwind’ for Customers
Brainchip [ASX:BRN] September Quarter: Market Conditions a ‘Headwind’ for Customers
BrainChip Holdings [ASX:BRN] continued to burn cash in the September quarter, citing adverse market conditions in the tech sector ‘have created a headwind for our prospective and current customers.’ BRN shares were down 20% late on Friday (28/10/2022) and are down 30% in the past six months: Source: Tradingview.com BrainChip: customers facing a headwind BrainChip […]
Novonix [ASX:NVX] Slides as September Quarterly Highlights Cash Burn
Novonix [ASX:NVX] Slides as September Quarterly Highlights Cash Burn
Battery tech developer Novonix [ASX:NVX] recorded $2.8 million in customer receipts in the September quarter as operating cash outflows hit $13.8 million.
Openpay 1Q23: TTV Rises but Cash Perilously Low
Openpay 1Q23: TTV Rises but Cash Perilously Low
Buy-now-pay-later (BNPL) fintech Openpay’s [ASX:OPY] saw its available cash and cash equivalents dwindle to $8.9 million in 1Q23, leaving the BNPL stock with less than two-quarters of cash runway left.
JB Hi-Fi [ASX:JBH] 1Q23 Sales Rise
JB Hi-Fi [ASX:JBH] 1Q23 Sales Rise
Large electronics and appliances retailer JB Hi-Fi [ASX:JBH] held its annual general meeting (AGM) and released a brief 1Q23 sales update, showing 1Q23 total sales rose strongly on 1Q22 for all key segments.
Kogan: ‘Subdued’ Quarter Marked By Dumped Excess Inventory
Kogan: ‘Subdued’ Quarter Marked By Dumped Excess Inventory
Shares of online retailer Kogan [ASX:KGN] rose on Wednesday (26/10/2022) despite Q1 FY23 Gross Sales slumping 38.8% year-on-year and Gross Profit falling 40%.
European Lithium [ASX:EUR] to Merge with Nasdaq SPAC Sizzle
European Lithium [ASX:EUR] to Merge with Nasdaq SPAC Sizzle
Lithium developer European Lithium [ASX:EUR] rose as high as 30% on Wednesday after announcing merger plans with Nasdaq-listed special purpose acquisition company (SPAC) Sizzle for an equity consideration of US$750 million.
