Latest Strategy Changes News

Bhagwan Marine expects FY26 EBITDA between $44.5m and $46.5m, buoyed by Riverside Marine acquisition despite Middle East conflict causing project delays. The company highlights margin gains, disciplined costs, and rising recurring revenue as it advances integration and growth plans.

EDU Holdings delivered a transformational FY25 with nearly doubled revenue and a debt-free balance sheet, driven by strong growth in its higher education arm Ikon. The company started FY26 on a solid footing despite regulatory headwinds.

Pioneer Minerals has uncovered previously hidden fault structures at its Springfield Project in Idaho, enhancing prospects for tungsten, gold, and gallium mineralisation ahead of planned surveys and drilling.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.

Lotus Resources has disclosed operational challenges at its Kayelekera uranium mine, revising production figures downward and delaying steady-state output to the third quarter of 2026.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

Dundas Minerals has extended gold mineralisation at its Rockland project near Kalgoorlie, confirming a 1km strike length and improving grades at depth. The company plans follow-up drilling to test extensions and linkages to nearby Capricorn and Aquarius prospects.

Comms Group Limited delivered a robust first half of FY26 with revenue climbing 39% to $37.6 million and underlying EBITDA nearly doubling to $4.5 million, driven by organic growth and the TasmaNet acquisition integration.

Acrux Limited has raised $1.6 million through a discounted share placement, attracting strong demand and offering attaching options to investors. The funds will support Phase III trials for female testosterone and a co-development deal with an international partner.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

The Takeovers Panel has declined Atlas Arteria’s bid to block Diamond Infraco from dispatching its takeover Bidder’s Statement, prolonging uncertainty over the contested offer.

dorsaVi has secured a 12-month renewal of its Department of Defense-funded research with Georgia Southern University, advancing real-time gait optimisation to reduce military training injuries and laying groundwork for its exoskeleton and neuromorphic computing strategy.