Given the technical issues encountered by the Australian Securities Exchange (ASX: ASX) in recent months, cybersecurity fears swept across the market on Monday morning when the market operator ceased processing trades amid technical difficulties. Beefing up their defence, IT professionals promptly changed all internal passwords by adding a ‘1’ to the end of them before
Read More
Cash-back reward company, Cashrewards Limited (ASX: CRW), are one of the latest fintechs capturing a market of keen online shoppers. The Australian owned and operated company is raising A$65m at an offer price of $1.73 per share, giving the company an undiluted market capitalisation of $136.4m and an enterprise value of $90.6m. The offer is
Read More
Following the exploits at Nine Entertainment (ASX: NEC) and Seven West Media (ASX: SWM), network executives are set to introduce incentive bonuses for key leaders that can do their jobs without sleeping with their staff. The swift decision, which industry insiders thought was standard practice, comes following news of Nine CEO Hugh Marks voluntarily standing
Read More
Recently recognised as the the US Sports Betting Operator of the Year, PointsBet (ASX: PBH) has taken their first bets in Colorado with the mountain state becoming their fifth online sportsbook operation in the US since regulatory changes have opened up legalised sports betting. The Colorado milestone marks a significant moment in PointsBet’s short history
Read More
Family law specialists AF Legal (ASX: AFL) has continued a major national expansion in recent months, today adding the Gold Coast to their national footprint with a new office to service Queensland’s second most populous region of 600,000 residents. “Our move to the Gold Coast is our fourth expansion across South East Queensland. With our
Read More
Early childhood education company Think Childcare (ASX: TNK) has added four news childcare centres to their network on the same day the operator has received a takeover offer at a notable premium on their share price. The takeover bid comes from private equity company Alceon Group at an indicative price price of 1.35 per share
Read More