Australian cyber safety company Qoria (ASX: QOR) has promptly rejected an unsolicited acquisition proposal from US-based private investment firm K1 Investment Management. The conditional and non-binding offer is to acquire 100% of Qoria’s issued share capital for $0.40 cash per Qoria share through a scheme of arrangement. The Indicative Proposal was subject to conditions including
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The XJO is expected to rally on open this morning following a strong rebound in the U.S on Friday which saw their market move back above their key support. Their futures are also in the green. On Friday we managed to retake almost half of the intraday losses by close as we rebounded off key
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The United States Patent and Trademark Office (USPTO) has recently granted a patent to Australia-based clinical-stage cell therapy company Chimeric Therapeutics (ASX: CHM) for its CHM 0201 (CORE-NK) technology, which targets blood cancers and solid tumours. The technology is used in the production of Chimeric’s clinical-stage universal NK cell asset CHM 0201, as well as
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Global markets rose through March 2024 in the backdrop of President Joe Biden and Fed Chair Jerome Powell agreeing that rate cuts would be seen in 2024. But it wouldn’t be a US election year without political tensions simmering across the seas with the US set to ban TikTok in the country. Separately, a top
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The XJO is expected to open lower this morning following a big selloff in the U.S overnight. Their futures are flat. We should wipe off yesterday’s relief rally and continue the decent we started on Wednesday. 7,750 support will be tested on open this morning, and will likely fail. 7,700 is the next key level
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In the backstretch of a business transformation that has consolidated their nationwide business and resumed shareholder dividends, one small cap Managing Director is so confident in the progress that he has personally backed the Company’s growth, purchasing $1.0 million in shares. The show of confidence comes from Dr Chris Richards, Managing Director and CEO of
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