Stocks of interest at the close of trade on the ASX on Tuesday, January 15.
NVT – NAVITAS – up 63 cents, or 12.86 per cents, to $5.53
Private equity firm BGH has increased its bid to buy out adult education provider Navitas to $5.825 a share, up from the $5.50 offer made in late last year.
HUB – HUB24 – up 73 cents, or 5.95 per cent, to $13.00
Superannuation platform HUB24 reported record $1.5 billion inflows for the December quarter, sparking a surge in its stock.
PPS – PRAEMIUM LTD – up two cents, or 2.84 per cent, to $72.5 cents
Financial planner and investment manager Praemium announced combined quarterly gross inflows of $768 million, the highest on record, including Australian Gross inflows of $585 million.
ASL – AUSDRILL – down 6.5 cents, or 5.24 per cent to $1.175
Ausdrill shares dipped after the mining services company announced the resignation of its chief financial officer Theresa Mikota, who is leaving for Adelaide Brighton.
A40 – ALLIANCE MINERAL – down three cents, or 11.76 per cent, to 22.5 cents
Shares in Alliance Mineral dived after it tweaked a deal to supply lithium to a China-based chemicals maker instead of a Hong Kong trading house.
BPT – BEACH ENERGY LTD – up 6.5 cents, or 4.15 per cent, to $1.63
Beach Energy lifted after Red Sky Energy agreed an extension of agreement to obtain its Innamincka Dome Project.
IFL – IOOF HOLDING LTD – up 15 cents, or 2.77 per cent, to $5.56
Wealth manager IOOF says its buyout of pension assets from ANZ has been delayed by at least three months, as fallout from the Royal Commission hits dealmaking.
TRS – THE REJECT SHOP – up four cents, or 1.47 per cent, to $2.76
Under-pressure retailer The Reject Shop says it expects half-year profit to match earlier guidance, but the firm circling for a takeover wants a clearer picture of the company’s Christmas sales performance.
CCA – COCA-COLA AMATIL – down 21 cents, or 2.51 per cent, to $8.15
Shares in Coca-Cola dipped after the beverage distributor said it would be phasing out plastic straws and replacing them with recyclable, biodegradable paper ones.