ASX:MBG 6 February 2026

ASX IPO watch: MB Gold pops on debut after selloff as next floats line up

MB Gold Ltd surged 17.5% in its ASX debut Friday, closing at A$0.235 after raising A$9 million in an oversubscribed IPO. The broader ASX 200 fell nearly 2%, with risk-off sentiment weighing on miners and banks. No IPOs are scheduled for the weekend; Eastern Gas Corporation lists Tuesday. Traders are watching if micro-cap floats can hold gains as volatility rises.

6 February 2026

ASX:MBG·Stock Market

Is Uravi Defence and Technology (NSE:URAVIDEF) a Worthwhile Investment Now?
April 2, 2026, 11:43 PM EDT. Uravi Defence and Technology (NSE:URAVIDEF) presents an interesting case for investors looking for profitable, growing companies. The firm's earnings per share (EPS) has expanded by 23% annually over the past three years, despite a recent dip in revenue. With insiders holding a substantial 55% stake, aligning management interests with shareholders, the company aims for long-term stability. However, its small market capitalization of ₹1.6 billion warrants caution, prompting investors to examine the firm's cash and debt situation closely. While trading at a high earnings multiple, Uravi's consistent earnings before interest and taxes (EBIT) margins suggest competitive strength. Investors should weigh the risks carefully but may find potential value in Uravi's growth trajectory and insider commitment.