The Market Online - At The Bell

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

The ASX200 is trading up, around three quarters of a per cent with all sectors – barring staples – in the green.

Real estate is up 2.14 per cent, Telecommunications follows, up around 1.4 per cent. Staples is the only sector falling just into the red.

DRE

Dreadnought Resources (ASX:DRE) is up 6.25 per cent on the completion of drilling at 4 of it gold targets at its Central Yilgarn project, in Western Australia.

Drilling at each target intersected the expected mineralisation. Assay results are anticipated in June 2024.

DRE has been trading at 1.7 cents.

SGR

The Star Entertainment Group (ASX:SGR) is up more than 3% after it announced that Ms Anne Ward has been appointed as Chairman of the Board, effective immediately.

A search for a permanent Group CEO was commenced in March

SGR has been trading at 40 cents.

TEA

Tasmea Limited (ASX:TEA) is up nearly 10 per cent, on it IPO on the ASX. The stock climbed as much as 12.5% to trade at around $1.75 in morning trades.

Tasmea originally listed at A$1.56 raising just short of $60 million.

While gains were pared somewhat around lunchtime, over 2 million shares had changed hands by that point, indicating one of the healthier IPOs of the year.

TEA has been trading at $1.71.

RNT

And, Australian renting website, Rent.com (ASX:RNT) is up around 10 per cent, on an update of its renting platform, which processed $250 million of payments since its relaunch.

The company pointed out that payment growth on the platform, relating to its most recent $100 million in income, flowed twice as fast as the previous $100 million.”

The platform has 8’900 active users. RNT was trading at 3.6cents.

More From The Market Online

BPH Energy reveals high-profile firms included in latest $1M placement

BPH Energy is raising $1M to help assist with the development of its two main activities…
The Market Online Video

Is IPO mania back for the ASX? Sun Silver jumps 100% on first day of listing

Sun Silver is enjoying a strong debut on the local bourse with shares up 100% to…

Magnum Mining & Exploration (ASX:MGU) completes DSO sampling at Buena Vista, Nevada

Magnum Mining & Exploration (ASX:MGU) has completed the first phase of channel sampling at its Buena…
The Market Online Video

Magnum to raise US$210M to advance Saudi green pig iron plant

Through NASDAQ-listed VCCL and 2x1.Digital, Magnum Mining is kicking off a US$210M capital raise for its…