The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
Reporting Season - 26 August
Companies covered: Aussie Broadband (ABB), Pilbara Minerals (PLS), Kogan.com (KGN)
Stocks discussed:
- Aussie Broadband (ASX: ABB): Issues inaugural dividend after FY profit jumped 22%, and names Giles Knob as Group Chief Executive
- Pilbara Minerals (ASX: PLS): Lithium price collapse sees Pilbara book a sharp fall in FY profit, down 89% and receives approval for a new AU$1 billion debt facility as it looks to strengthen the balance sheet
- Kogan.com (ASX: KGN): Returns to profit in fiscal 2024, though revenue slips with a total dividend of $0.15 a share declared