Azzet reports on three stocks with market-moving updates to share today.
Hazer Group rallies on patent filing update
Shares in Hazer Group (ASX: HZR) were up around 10% at the open after the Perth-based company - focused on developing a methane pyrolysis technology to produce clean hydrogen and graphite – updated on recent developments.
The ASX small cap has filed national patents in over 20 jurisdictions for its novel electrochemical purification process, enabling the production of >99.9% purity graphite without damaging its morphology.
The process opens access to the high-value lithium-ion battery market while complementing established industrial applications such as steelmaking and cement.
The move comes amid a tightening global graphite market dominated by Chinese supply and rising EV-driven demand.
Graphite is classified as a tier-1 critical mineral essential to the energy transition and is a key component in lithium-ion batteries, electric vehicles, renewable energy storage systems, and numerous industrial applications.
Commenting on today’s update, Hazer Group’s CEO Glenn Corrie told the market that with battery-grade graphite now within its sights, this patent and filings position Hazer to participate in one of the most strategically important critical mineral markets.
“Graphite’s value is increasing as supply tightens due to concentrated production, new trade measures, and strong demand from the battery and energy storage sectors,” he said.
“Our low-emission process can deliver high-purity graphite from a domestic source, helping to strengthen supply chains, reduce reliance on imports, and meet the quality needs of battery manufacturers. This patent reinforces our IP leadership and supports our strategy to provide secure, sustainable supply into rapidly growing markets.”
Corrie also flagged increasing inbound interest from lithium-ion battery and anode manufacturers.
While battery-grade synthetic graphite prices have soared to over US$10,000 per tonne - marking a 120% rise from pre-pandemic levels - natural graphite remains in the US$800–1,200 per tonne range, with purity issues previously restricting its use in high-performance applications.
Meanwhile, Hazer is pursuing a dual-market strategy targeting both high-volume industrial customers and premium-priced battery-grade applications, supported by strong inbound interest from battery and anode manufacturers.
“At indicative pricing of US$500 (A$765) per tonne for industrial markets, a 50,000 tpa hydrogen project producing graphite could generate revenue of approximately US$83 ($127) million per annum, assuming 166,000 tpa graphite output, the company noted.
“Battery-grade graphite and other high-value applications, represent an attractive value-add opportunity on top of this base case.”
Today’s update follows a memorandum of understanding (MOU) entered into with EnergyPathways (LSE:EPP) in mid-July to integrate its hydrogen production technology into the Marram Energy Storage Hub (MESH) in northwest England.
Meanwhile, the company’s Commercial Demonstration Plant (CDP), near Perth, was established to showcase and scale up Hazer’s proprietary technology for producing hydrogen and graphite from natural gas using a low-cost, low-emission process.
As of 30 June 2025, the company’s funding position strengthened to over $16 million – comprising cash and cash equivalents of $12.5 million, bolstered by proceeds from the first tranche of a share placement that was successfully completed during the quarter.
Hazer Group’s market cap is just shy of $100 million; the share price is up 13% in one year and up 17% in the last month.
The stock appears to have completed a medium-term rally that took the 5-day moving average above the 50-day moving average and will likely continue its bearish trend.
Consensus is Strong Buy.
Life360 jumps after upgrading FY guidance
Shares in Life360 (ASX: 360) were up around 9% in late morning trading after the family-oriented app-based platform posted a better-than-expected second-quarter update.
While the company reported a 36% year-on-year increase in quarterly revenue to $115.4 million, what the market responded most favourably to this morning was its revised upgrade to FY guidance.
The company now expects to deliver consolidated revenue of $462 million to $482 million, up from prior guidance of $450 million to $480 million.
Meanwhile, full-year adjusted earnings are now expected to be in the range of $72 million to $82 million, up from $65 million to $75 million previously.
"As we raise guidance for both revenue and Adjusted EBITDA, we remain focused on balancing top-line momentum with margin expansion—positioning Life360 to deliver in a volatile macro environment," Life360 CFO Russell Burke said.
Commenting on today’s update, newly appointed CEO Lauren Antonoff told the market that the rise in the “anxiety economy” is having a silver lining for the dual ASX/Nasdaq listed technology stock.
Antonoff attributes sustained demand for the company’s subscription-based, app-enabled location-tracking services - designed to ensure friends and family members share their location with each other – to a shift where families are making more values-based decisions and prioritising peace of mind in how they spend.
“Alongside strong subscription growth, we're expanding our high-margin advertising platform with new location-based formats that enhance value without compromising the member experience,” she said.
Key 2Q FY25 numbers announced today:
- Subscription revenue of $88.6 million was up 35%.
- Core subscription revenue of $82.9 million was up 38% from Q2 2024.
- Annualised monthly revenue (AMR) of $416.1 million, up 36% year on year.
- Adjusted earnings of $20.3 million increased by 85%.
- 303% increase in operating cash flow during the quarter to $13.3 million.
- Monthly active users reached some 88.0 million, up 25% year on year.
Life360 ended the quarter with cash, cash equivalents, and restricted cash of $434.2 million, an increase of 59.5% from Q2 2024.
Citi has a Buy rating on the stock and a price target of $46.20, while Ord Minnett, which recently resumed coverage of the stock, has an Overweight rating and $39 price target.
Life360 has a market cap of $7 billion; the share price is up 136% one year and up 85% year to date.
The stock is in a strong bullish trend, confirmed by multiple indicators. Specifically, a 5-day moving average of the stock price is above the 50-day moving average.
Consensus is Strong Buy.
Tuas Ltd soars after major capital raise to acquire Singapore telco
Shares in Tuas Ltd (ASX: TUA) were up 32% at noon after the TPG Telecom spinout raised $385 million through an institutional placement to help fund a recently announced major acquisition in Singapore.
Today’s announcement follows Monday’s revelations that Tuas’ subsidiary Simba Telecom, which operates telco assets in Singapore, entered a binding share purchase agreement with Keppel Konnect and Konnectivity to acquire 100% of M1 Limited for an equity value of S$1.43 billion ($1.71 million) on a debt-free and cash-free basis.
Tuas is issuing around 69.9 million new shares at $5.51 each, at no discount to the last close price on 8 August.
Tuas is also undertaking a share purchase plan for eligible existing shareholders to buy up to $30,000 in new shares, to raise a total of $50 million.
The new shares will be sold at the lower placement price or the 2% discount to the five-day volume weighted average price up to the closing date, which is expected to be 25 September.
Through both the institutional placement and the share purchase plan, Tuas expects to raise at least $416 million.
Tuas plans to finance the deal through S$1.1 billion of fully underwritten acquisition bank debt.
In the last 12 months to 30 April 2025, M1 ex-ICT had revenues of S$806.1 million and earnings of S$195.4 million.
The acquisition is understood to represent an implied multiple of 7.3x M1 ex-ICT LTM EBITDA (excluding any pro forma synergies).
Tuas Executive Chairman, David Teoh expects the acquisition of M1 to strengthen the company’s market position, enabling it to deliver an even more robust network.
“This transaction is a strategic step towards long-term, sustainable growth for Simba and our shareholders, and allows us to provide excellent quality of service to our customers,” he said.
The transaction is expected to generate material synergies due to significant network and operations convergence for both the mobile and fixed networks, while increased scale is expected to drive greater operational efficiency.
Meanwhile, in its FY25 first-half result, Tuas reported that its total subscribers increased by 23.7% to 1.16 million as Singaporean consumers enjoy the value offering that Tuas provides.
23.7% subscriber growth helped revenue grow by 33.8% to $54.7 million.
While the telco had 1.16 million mobile subscribers at the end of the FY25 half-year result, it only had 14,347 broadband services - allowing for plenty of potential growth upside.
Tuas is on track to meet the outlook expectations announced in its 1H FY25 guidance and plans to release its FY25 results 24 September.
Tuas Ltd has a market cap of $3.4 billion; the share price is up 72% in one year and up 34% in the last week.
The shares appear to be in a long-term bearish trend confirmed by multiple indicators.
Consensus is not covered.
This article does not constitute financial or product advice. You should consider independent advice before making financial decisions.
