For the second consecutive month, only one company is set to list in May, indicating that companies are still feeling reluctant to even attempt a public debut in the current economic environment. Artificial intelligence (AI) tech company, Intelicare (Proposed ASX: ICR), is looking to raise a modest $5.5m at an offer price of $0.20. Intelicare
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The world may not have enough spherical graphite to meet demand for the growing lithium-ion battery market, but we may not need it with testing confirming that EcoGraf (ASX: EGR) can produce high purity graphite from low value by-products. The EcoGraf(™) Process has been undergoing rigorous testing in Europe over the past 18 months with
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Allied health services group Healthia (ASX: HLA) has continued its expansion as Australia’s largest operator podiatry clinics, today announcing the acquisition of 12 clinics in Victoria to significantly expand its healthcare offerings in the State. Secured for a total consideration of $5 million, the 12 new clinics are forecast to deliver Healthia with $4.4m revenue
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As a flagship business within what has become one of the 21st century’s most competitive markets, Foxtel’s fight for survival may be nearing the end after owners News Corp (ASX: NWS) and Telstra (ASX:TLS) announced 40% write-offs in the value of the video subscription business. 65% owned by News Corp and 35% by Telstra, Foxtel
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Popular fashion labels Noni B, Katies, Rockmans and Rivers will soon be re-opening their retail stores with parent company Mosaic Brands (ASX: MOZ) confirming they will undergo a progressive restart after closing their 1,400 stores in March due to coronavirus biosecurity. Despite its store network’s closure over the past six weeks, Mosaic’s focus towards online
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Microcap AI and prescriptive analytics company Houston we Have (ASX: HWH) has hit the ground running since rebranding and expediting an entry into the healthcare AI sector. Although the contracts are collectively only expected to add $130k of revenue to Houston, it opens up significant market opportunities which have been brought upon by their acquisition
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Having obtained milestone results from their wearables technology, CardieX (ASX: CDX) will advance their unique blood pressure sensor development kit which will allow device makers such as Garmin, Apple and Fitbit to accurately monitor a user’s cardiovascular health. The technology is a combination of CardieX’s proprietary algorithm and a photoplethysmogram (PPG) sensor which can detect
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Australian tech company Archer Materials (ASX: AXE) has secured one of the most high-profile of partners in IBM (NYSE: IBM) to advance the development of its world-first quantum computing processor chip that can operate at room temperature. The partnership is a game changer for Archer, which will see its Sydney-based team collaborate with the IBM
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Cannabis healthcare company Bod Australia (ASX: BDA) has commenced its penetration of the lucrative UK medicinal cannabis market having received its first international prescriptions for their MediCabilis™ product. With more than 7.3 million consumers of cannabis products in the UK annually, it represents a major addressable market for Bod which estimates its value to be
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Gone may be the days of awkward reference checking over the phone if the record sales by HR tech company Xref (ASX: XF1) are a sign of future recruiting practices, especially once hiring resumes after coronavirus protocols are lifted. Despite the global economic downturn brought upon by the coronavirus pandemic which has led to unemployment
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