Monthly Archives - February 2020

All sectors close in the red: ASX closes 2.3% lower

26 Feb 2020 - The ASX dropped at the open and continued to fall throughout the day closing 2.3% lower. Healius (ASX:HLS) shares are on the rise after the news of the Partners Group proposal. As for the sectors, they are all in the red. Ferry operator SeaLink (ASX:SLK) report its half year net profit after tax is at $13.6 million, that’s up 3.8 per cent on the same.

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Bubs (ASX:BUB) posts record half year profit: ASX tracking 2.3% lower at noon

26 Feb 2020 - The ASX dropped at the open and continued to fall through mid morning trade and is now tracking 2.3% lower at noon. Polynovo (ASX:PNV) shares dropped after reporting a net loss for the half year of $2.42 million, that’s 26% increase from last year. Bubs Australia (ASX:BUB) saw gross revenue of $28.75 million, up 37 per cent on the same period last year.

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Renergen (ASX:RLT) natural gas and helium producer

26 Feb 2020 - Renergen Limited (ASX:RLT) Managing Director and CEO, Stefano Marani provides an update on recent drilling results at the company's Virginia Gas Project in South Africa, what’s planned for this year and the potential to bring forward a second production well.

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New coronavirus cases emerge as global stocks hit again: ASX set to open lower

26 Feb 2020 - The ASX looks set to open lower this morning as US stocks plunge. The global impact of the coronavirus outbreak continues to cause concern with South Korea now reporting near 1000 confirmed cases. European shares ended at their lowest in nearly two months. Healius (ASX:HLS) has received an unsolicited, non-binding indicative offer from a wholly-owned subsidiary of Partners Group.

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