Business
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.
News
Adelaide’s SkyCity Casino has received more than $23 million in JobKeeper payments, helping its New Zealand parent company to a $73.1 million profit for the first half of the 2021 financial year.
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The share prices of South Australia’s largest 10 publicly listed companies have risen by an average of 25 per cent in 2020 to outperform the market in a tumultuous year for stocks globally.
Eyre Peninsula oyster producer Angel Seafood has reported record sales of 2.7 million in the September quarter as its retail strategy grows at pace and restaurants around Australia increase capacity.
SA listed companies have gained ground on the Australian Securites Exchange in the first five weeks of the new financial year as the volatile market inches back from March’s pandemic cliff.
South Australia’s largest company Santos has reported an 18 per cent drop in second-quarter revenue due to lower realised prices for its oil and gas, but said production from its core assets is expected to remain steady in the near term.
