The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has fallen the most, down 1.86%, Industrials follow, shedding around 1.7%.
Company News
BHP
BHP Group (ASX: BHP) has fallen 4.5% to $43.19. after it confirmed its takeover offer to fellow mining giant Anglo American. This followed press speculation of a potential deal which had unsettled shareholder groups and financial firms in London and provoked criticism from South Africa’s Minister of Mineral Resources.
CC9
Chariot Corporation (ASX: CC9) is up on its quarter one results for FY2024. The Company announced its first hard rock lithium discovery, which was made during the first phase of its diamond core drilling program at Black Mountain, Wyoming USA
The First three drill holes all intersected high-grade spodumene mineralisation.
Chariot group cash position ended at A$5.18 million for the quarter.
CC9 has been trading at 24 cents.
RDN
Raiden Resources (ASX:RDN) has received approval for its completed heritage surveys over its priority lithium-bearing pegmatite targets at the Andover South Project and the Andover North Project area.
Planning is underway for exploration programs over that area with final heritage reports are expected in the coming weeks.
RDN has been trading at 3 cents.
RCE
Recce Pharmaceutical (ASX:RCE) will dose patients with 4g of its R327 intravenous solution to treat UTIs in Phase I/II trails following safety board approval.
The move reflects the latest positive step forward for Recce’s UTI clinical program, focusing on in-house anti-infective R327.
RCE has been trading at 66 cents.
RMD
ResMed (ASX:RMD) shares are up around 7% on the release of the company’s third Quarter FY2024 results.
The company reported Revenue for the quarter increased by 7% to $1.2 billion, driven by a strong demand for the company’s sleep device and mask products, in global markets.
RMD has been trading at $30.65.