News & Analysis

BNPL fintech Splitit saw its share price double on a Mastercard deal, before issuing a ‘clarification’

- June 18, 2020 3 MIN READ

Thursday was a very good day for ASX-listed buy-now-pay-later venture Splitit which, just before 11am, told the market it had “signed a multi-year agreement” with Mastercard “to accelerate the adoption of Splitit’s instalment solution around the world”. The market was bullish for the Afterpay rival – itself hitting new record highs today before closing at… Read more »
News & Analysis shares soar after raising $100 million

- June 11, 2020 2 MIN READ shares have jumped more than 11% in early trade on Thursday morning after the online retailer announced it had successfully raised A$100 million in an institutional placement on Wednesday. Within 30 minutes of trade resuming today, shares in the multi-pronged ecommerce business (ASX: KGN), had climbed to $13.79, up from Tuesday’s closing price of… Read more »

News & Analysis

Afterpay’s share price just topped $50

- May 26, 2020 2 MIN READ

The astonishing resurrection of Afterpay’s share price after falling below $10 just two months ago continued today with the buy-now-pay-later fintech’s share price briefly topping $50 in morning trade today. Afterpay (ASX: APT) closed at a new record high on Monday of $49, having announced that interim chair Elana Rubin will step into the role,… Read more »

News & Analysis

Medtech Atomo Diagnostics lands massive COVID-19 deal, closes $30 million raise early ahead of IPO

- April 3, 2020 2 MIN READ

Rapid blood test startup Atomo Diagnostics is playing its part in the fight against coronavirus, signing a deal with French diagnostics company, NG Biotech, to supply up 2.465 million of its rapid, blood-based COVID-19 tests in 2020. The sale landed as the Sydney-based healthtech venture’s $30 million Initial Public Offer was oversubscribed at 20 cents per… Read more »

News & Analysis

Pharmacy tech startup MedAdvisor is launching home delivery – and its shares are soaring

- March 26, 2020 2 MIN READ

 ASX-listed MedAdvisor has fast-tracked plans to launch an “Uber” for pharmacy delivery services as part of the company’s response to the COVID-19 crisis.  MedAdvisor (ASX: MDR) shares have soared more than 25% today on the news to close at 42 cents, with the company’s CEO, Robert Read, saying they’d skip a pilot phase and go… Read more »

News & Analysis

OZDAQ: The ASX’s new tech index goes live on Monday with 46 companies worth $100 billion

- February 21, 2020 4 MIN READ

  A new index featuring ASX-listed companies in the fast-growing technology sector launches on the Australian stock exchange on Monday. The S&P/ASX All Technology Index (All Tech Index), a partnership between the ASX and  S&P Dow Jones Indices using the S&PDJI methodology, will go live on February 24, with an Australian version of the US… Read more »