The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

The ASX200 closed up 0.14%at 8,447 points in a flat days trade. The bourse drifted lower throughout the day awaiting a lead from the U.S. tonight.

We are pleased to advise investors can now sign up for DealRoom at HotCopper to see investment opportunities for pre-IPO companies, as well as publicly listed company raises in Australia and North America. Register for info under ‘DealRoom’ at our main menu bar.

To the sectors, Information Technology and Discretionary were the best performing sectors, both up 0.9%, followed by Energy, up 0.6% and Staples, up 0.3%.

Health Care was the worst performer, down 0.4%.

In the Green

De Grey (ASX:DEG) closed up 29.61% after accepting a $5B takeover offer from Northern Star (ASX:NST). The deal comes amidst a record gold price and the advent of consolidation amongst miners of the yellow metal.

De Grey closed at $1.97.

Telstra (ASX:TLS) closed up 0.51% on news it’s acquiring Boost Mobile for $140 million after already sharing its network with the smaller player.

Telstra closed $3.96.

4DMedical (ASX:4DX) charged up 3.26% on news of a deal with Perth Radiological Clinics. The partnership will see the company deliver its XV Technology-enabled ventilation reports across an initial 16 clinics in Perth.

4D Medical closed at 47.5 cents.

In the Red

Northern Star Resources (ASX:NST) closed down 5.25% after launching a successful takeover offer of De Grey Mining. The deal will elevate the company to be amongst the 10 biggest gold producers globally.

Northern Star Resources closed at $16.59.

Larvotto Resources (ASX:LRV) closed down 8.46% after entering a binding offtake agreement with Wogen Resources for the supply of antimony concentrate from its Hillgrove Project in New South Wales.

Larvotto Resources closed at 59.5 cents.

Aguia Resources (ASX:AGR) wrapped up down 2.5% on news of a $1.5 million share placement. The company issued 42 million shares at 3.6 cents each, representing a 10% discount to the last closing price. Funds will support the development at the Santa Barbara gold project in Colombia.

Aguia Resources closed at 3.9 cents.

More From The Market Online
The words "Market Open ASX 200 Futures Tip FALL" appear stacked atop one another next to ASX company iconography.

ASX Market Open: Tech fumble on Wall Street to seep into Week 51 opening | Dec 15

ASX today – Australian shares are heading for a Monday fall, with futures down as much…
The Market Online Video

HotCopper Highlights, Week 50: 4DX above $2/sh, Nanoveu, Ovanti & more

Good Afternoon and welcome to HotCopper Highlights wrapping up Week 50 of the year, I’m Jon Davidson.

‘Potential is enormous’: GreenX likes what it’s found in Tannenberg, is activating acquisition option

GreenX Metals has activated an option to secure control of the Tannenberg Copper Project in Germany,…
The Market Online Video

ASX Market Open: Oz shares heading for W50 weekly gains with Friday rally | Dec 12

ASX today – The third-last week of CY25 may actually end on gains, with a late-on…