Stocks to watch

WBC - WESTPAC - up 49 cents, or 1.7 per cent, to $29.61

Westpac shares are up 18 per cent on the year and at their highest level since August 2018.

SUNDANCE ENERGY - down seven cents, or 26.9 per cent, to 19 cents

The South Texas-based fracking specialist is proposing to delist from the ASX and and re-domicile from Australia to the US.

Its primary listing would become the NASDAQ, where it currently has a secondary listing.

DEV - DEVEX RESOURCES - up 1.5 cents, or 25 per cent, to 7.5 cents

The mining exploration company says fieldwork at its Junee Copper-Gold project in Lachlan Ford Belt in the Riverina region of NSW has enhanced the prospects of finding a large-scale vein of copper and gold.

SIV - SILVER CHEF - up 0.5 cents, or 0.8 per cent, to 66 cents

Next Capital has made another bid for the troubled rent-try-buy catering equipment company, offering $15 million for its hospitality assets.

The offer would leave Silver Chef with its GoGetta equipment finance business, which it is winding down.

Brisbane-based Blue Stamp Company, which owns 20 per cent of SIV shares, defeated Next Capital's prior proposal and is instead proposing to recapitalise the business with a $60 million equity raising.

SPT - SPLITIT - up two cents, or 3.8 per cent, to 54.5 cents

The Israeli buy now, pay later company has reached an agreement with Shaked Partners Fund for up to $US8 million ($A11.6m) in capital.

HFR - HIGHFIELD RESOURCES - flat at 80 cents

Highfield has signed a non-binding memorandum with Ameropa AG for up to 250,000 metric tonnes of potash from its Muga potash mine in Spain.

CL8 - COLLABORATE CORP - down 0.1 cents, or 12.5 per cent, to 0.7 cents


Peer-to-peer car sharing business Collaborate is gearing up to launch its car subscription business Carly in New Zealand with Turners, the largest seller of cars in the country.

QUB - QUBE LOGISTICS - down one cent, or 0.3 per cent, to $3.25

Qube Logistics has completed its compulsory acquisition of all Chalmers Limited shares, and shares of the logistics company will now be delisted from the ASX.

Austrlaian Associated PressBack to Breaking News

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