Happy Tuesday and welcome back from the beak.
Stocks being watched this morning:
Controversial shipbuilder Austal (ASX:ASB) has received a takeover offer.
The bid comes from a South Korean heavyweight.
Austal believes the $2.80ps deal likely won’t pass Canberra.
Shares last $2.20.
Carnavale Resources (ASX:CAV) has a gold discovery.
The company reports it as being shallow and high grade.
The find was made at Kookynie.
Shares last 0.5c.
Paladin Energy (ASX:PDN) has an operations update.
The company is reporting commercial production being achieved.
This relates to its Langer Heinrich mine.
Shares last at $1.37.
NOVONIX (ASX:NVX) has an update on its finances.
The company is to receive a large windfall from tax credits.
All in all, the company’s set to rake in US$103M.
Shares last 86c.
Genex Power (ASX:GNX) has extended a key partnership.
Japan’s J-POWER and Genex have grown an exclusivity period already binding the two to work with other.
Genex is building the Kidston pumped hydro project.
Shares last 24.5c.