February 28 2025 last day losses above $5m

March 4, 2025

This list tracks last day losses above $5m on the final day of the reporting and the time that they dropped.

Before 8am: 5 results, no big losses
8-9am: 52 results
9-10am: 46 results
10-11am: 10
11am-noon: 6
12-1pm: 8
1-2pm: 14
2-3pm: 15
3-4pm: 28
4-5pm: 27
5-6pm: 20
6-7pm: 11
7-8pm: 8
After 8pm: 4

Total for the day: 254

In terms of $5m+ losses revealed after the market had closed at 4pm, here they are based on the size of the loss:

Novonix (NVX): $74.8m full year loss revealed at 6.12pm

Pro Pa Packaging )PPG): $36.8m half year loss revealed at 4.39pm

Mineral Commodities (MRC): $US22m full year loss revealed at 7pm

Hillgrove Resources (HGO): $24m full year loss revealed at 4.29pm

Radiopharm Theranostics (RAD): $18.7m half year loss revealed at 5.10pm

Halo Technologies (HAL): $14.5m full year loss revealed at 5.40pm

Icandy Interactive (ICI): $13.2m full year loss revealed at 6.12pm

Cann Group (CAN): $10.7m half year loss revealed at 4.09pm

Wellnex Life (WNX): $9.75m half year loss revealed at 5.49pm

Spenda Ltd (SPX): $9.39m half year loss revealed at 4.35pm

Cardiex (CDX): $6.97m half year loss revealed at 4.52pm

Vinyl Group (VNL): $6.9m half year loss revealed at 7.55pm

Atomos (AMS): $6.64m loss revealed at 7.38pm

Dotz Nano (DTL): $5.76m full year loss revealed very late at 8.20pm

Clearvue Technologies (CPV): $5.7m half year loss revealed at 4.09pm

Heramed Ltd (HMD): $5.3m half year loss revealed at 5pm

And here are the rest in the $5m+ loss last day laggards club that were released before 4pm:

Hutchison Telecommunications (HTA): $191.4m full year loss, proving once again that One-Tel made the right call pulling the plug in 2001 after grossly overpaying for spectrum like this outfit.
Opthea (OPT): $US139.1m half year loss
Burgundy Diamond Mines (BDM): $113m full year loss
TPG Telecom (TPG): $107m full year loss
L1 Long Short Fund (LSF): $75m half year loss
Sayona Mining (SYA): $51.7m half year loss
Imugene (IMU): $48.3m half year loss
Australian Pacific Coal (AQC): $47.6m half year loss, lifting accumulated losses to $201.5m and slashing net equity to $10.7m when the market cap is $48.3m so the write-offs have been a bit over the top.
Austral Gold (AGC): $US27m full year loss
Clean Seas Seafood (CSS): $32.6m half year loss
Resolute Mining (RSG): $US21.5m full year loss
Fluence Corp (FLC): $US21.4m full year loss
SPC Global (SPG): $25.4m half year loss although they still claim to have $134m in net equity against a market cap of around $125m.
Clarity Pharmaceuticals(CU6): $23.6m half year loss, lifting accumulated losses to $136.3m and slashing net equity to $127.3m but when the market cap is $1.14 billion who cares about the accounting?
Ram Essential Services Property Fund (RAM): $22.9m half year loss
Weebit Nano (WBT): $22.7m half year loss for the Israeli-based company.
Metro Mining (MMI): $22m full year loss
Enlitic Inc (ENL): $US15.2m full year loss for the dual listed company.
Brightstar Resources (BTR): $20.9m half year loss which
PEXA (PXA): $20.7m half year loss
Frontier Energy (FHE): $18m full year loss for the company which briefly announced former WA Premier Mark McGowan would be chair to help get a capital raising away before he then pulled out as the stock tanked.
Core Lithium (CXO): $17.2m half year loss
4D Medical (4DX): $12.6m half year loss
Dubber Corp (DUB): $12m half year loss

Tasfoods (TFL): $10.6m full year loss
Curvebeam AI (CVB): $10.5m half year loss
Renu Energy (RNE): $13.9m half year loss
Next Science (NXS): $10.6m full year loss
Lotus Resources (LOT): $10.3m half year loss for the aspiring African uranium miner.
Tribecca Global Natural Resources (TGF): $10.3m half year loss
Frontier Digital Ventures (FDV): $10.3m half year loss

Law Finance (LAW): $9.63m loss reported for the 2023 calendar year as they are in the long term suspended category. So, where are the 2024 accounts? They've notched up $189 million in accumulated losses to far.
Micro-X Ltd (MX1): $8.68m half year loss
Audio Pixels (AKP): $8.17m full year loss
Recce Pharmaceuticals (RCE): $7.7m half year loss
Alterity Therapeutics (ATH): $7.17m half year loss
Titomic (TTT): $6.5m half year loss
Metrics Real Estate Multi Strategy Fund (MRE): $6.4m half year loss
Somnomed (SOM): $6.24m half year loss
Paradigm Pharmaceuticals (PAR): $5.9m half year loss
Adherium (ADR): $5.77m half year loss
Ariadne (ARA): $5.1m half year lossEnergy Technologies (EGY): $5m half year loss

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