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HotCopper’s Friday trends: Nanoveu drone win, RareX-Gega team-up | May 30, 2025

ASX News, Market Summary
30 May 2025 12:22 (AEDT)
HotCopper Daily Market Trends Graphic

Source: The Market Online

The ASX 200 is looking to end Week 22 on a downward tilt, with endless Trump tariff changes likely to push the Aussie bourse towards a mildly red close.

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Nanoveu (ASX:NVU) is topping the HotCopper forums today — and by quite a distance — after the nanotech player cracked a major drone flight milestone; the team’s drones can now reportedly “make instant flight adjustments.”

Also trending has been Dimerix (ASX:DXB), mainly thanks to an impending windfall in the form of $4.3 million from its Japanese partner, FUSO Pharmaceuticals.

And finally, many HotCopper users have today been watching RareX Limited (ASX:REE): The critical minerals company put a bow on its team-up with Gega Elements late this week. The two will now be working together to develop vertically integrated gallium extraction and refining capabilities in Australia.

In sector moves, Industrials is the only gainer, up +0.3%. Tech is down -0.2%.

Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.

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