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Orbit keeps Narraburra as Matrix IPO is deferred
6:04pm on Friday 30th of October, 2026 AEDT
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Orbit keeps Narraburra as Matrix IPO is deferred
6:04pm on Friday 30th of October, 2026 AEDT
Key Points
Matrix IPO deferred after failing to reach minimum subscription
5 November general meeting cancelled and lodged proxies disregarded
Orbit retains 100% ownership of the 94.9Mt Narraburra project
Alternative funding, partnerships and a possible 2027 IPO remain under consideration
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