The ASX200 has been up half a percent at 8,030 points in early afternoon trade.
Nine Entertainment (ASX:NEC) has been down around 4.6% after CEO Mike Sneesby resigned. The trouble plagued company’s share price has fallen 57% during Mr. Sneesby’s tenure and his exit ends a difficult few months.
Nine’s FY24 results reveal a 3% decline in revenue and turning the company around will be a key goal of the new CEO.
Nine has been around $1.19 and is also trading ex-dividend today.
Sectors are mostly in the green and IT has surged up around 2%, followed by Energy up around 1.75%, and Real Estate and Utilities – both up around 1%.
Company News
Clarity Pharmaceuticals Ltd (ASX:CU6) has been up around 2.5% after reporting positive results from its theranostic prostate cancer trial – known as SECURE. Data from all 3 patients indicate the drug is safe for use in high doses.
Clarity Pharmaceuticals has been exchanged at $7.55.
AML3D (ASX:AML) has been up more than 19% on news of a license to expand delivery of 3D printed partsto the US Navy. The agreement will see the company work with key suppliers and teams within the US Navy to print, test and validate a wider range of submarine parts.
The contract is open ended and is seen by the company as a consolidation of its relationship with the US Navy.
ASL3D has been 15.5 cents.