Business
Adelaide-based Argo Investments has announced a profit surge for the six months to December 31 of $129 million – but warns that worsening conditions in recent weeks could hamper its outlook. InDaily yesterday published an outdated Argo Investments results article following a technical error.
Business
Emerging companies that specialise in future-facing resources such as graphite and lithium have dominated a listing of the fastest-growing South Australian share prices in 2021.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
Publicly listed South Australian companies received almost $55 million in JobKeeper payments during the COVID-19 pandemic to support more than 2500 jobs. But just $5.2 million has been repaid despite several of the companies posting huge profits.
South Australia’s largest listed companies have wiped away pandemic losses with a 44 per cent surge in their market value in the 2020-21 financial year.
Kangaroo Island Plantation Timbers’ board is calling on shareholders not to sell out to a Sydney-based investment management company, in an effort to head off the takeover bid.
The share price for SA-based mental health treatment startup Bionomics has doubled in the past month, as the company looks to raise $20 million in capital ahead of its upcoming PTSD drug trial.
