Here are the five most actively traded big-cap stocks on the Australian Securities Exchange on Friday.
Arafura Rare Earths (ASX:ARU): 18.3 million shares
Liontown (ASX:LTR): 9.6 million shares
Medibank Private (ASX:MPL): 9.4 million shares
DroneShield (ASX:DRO): 8.2 million shares
PLS Group (ASX:PLS): 7.2 million shares
(Updates to add stock movement in the headline and last paragraph)Judo Capital Holdings (ASX:JDO) priced a AU$750 million capital-relief securitization transaction that will boost the company's common equity Tier 1 ratio, according to a Friday filing with the Australian bourse.The transaction, backed by small and medium-sized enterprise business loans, received strong investor support, allowing the company to upsize it from an initial amount of AU$500 million.As a result of the transaction, Judo Capital said its pro forma CET1 ratio at March 31 was 13.2%, compared with a reported ratio of 12.6%.After the transaction, which is expected to settle on June 4, Judo will generate a "significant" net interest margin on the underlying business loans without needing to hold capital for those assets, it said. Assuming a normalized level of capital, the transaction is expected to deliver a pro-forma benefit of 25 to 30 basis points to the fiscal year 2027 return on equity.The company's shares rose around 9% in recent Friday trade.
EFC (I)'s (NSE:EFCIL, BOM:512008) consolidated attributable profit rose to 694.0 million Indian rupees in the fiscal fourth quarter ended March 31, from 438.8 million rupees a year ago.Earnings per share came in at 5.06 rupees from 3.20 rupees a year earlier, the coworking and managed office operator said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 increased to 2.92 billion rupees from 2.11 billion rupees a year ago.
1414 Degrees (ASX:14D) began the scale-up phase of its SiNTL silicon nanoparticle anode program and initiated full-stack battery development with contract manufacturers, acquiring scale-up equipment to produce manufacturer-relevant quantities of its silicon anode material at research partner George Washington University in Washington DC, according to a Friday Australian bourse filing.The company said the scale-up enables it to progress industry discussions into formal third-party evaluations and original equipment manufacturer qualification processes, with several drone and related industry participants engaged and inbound interest received from companies seeking to trial SiNTL materials.The company said silicon offers a theoretical capacity of about 3,600 milliampere-hours per gram compared to about 372 milliampere-hours per gram for graphite anodes, with SiNTL aimed at addressing battery capacity as a key constraint across many unmanned aerial vehicle systems, the filing added.The company's shares surged 16% to their highest since November 2021 in recent Friday trade.