Shares in online advertising business Tech Mpire have continued their steep ascent of the last two weeks, ending the day up 11 per cent after the company announced an 83 per cent increase in monthly revenue for June.
Perth-based biotech company ResApp Health had a steady first day of trade on the ASX today, after being acquired by Narhex Life Sciences in an $11 million backdoor listing.
Online advertising business Tech Mpire has made solid gains on its first day of trading on the ASX, after being acquired by Fortunis Resources in a $3.1 million backdoor listing.
Fortunis Resources has received positive news about its planned backdoor listing, while Basper and Aziana have had to make amendments to their proposals.
Minerals Corporation, which in 2013 was one of the first Perth-based mining companies to attempt a backdoor listing, has announced plans to exit the resources sector by acquiring an online music competition business.
Perth entrepreneur Zhenya Tsvetnenko has announced plans for a backdoor listing of his online advertising business Mpire Media, two months after an earlier, more generous deal was terminated.
Murchison explorer Fortunis Resources has made a successful debut on the Australian Securities Exchange after raising $2.8 million through an initial public offering last week.
