Latest Accounting News

DigitalX Limited reveals a robust A$101 million treasury portfolio dominated by Bitcoin holdings and a significant cash increase from Solana sales, underpinning its ambitious target of accumulating 2,100 Bitcoins by 2027.

Kingsgate Consolidated updates its 2025 Mineral Resources and Ore Reserves, introducing a maiden estimate for the Chatree South-East Complex while reporting modest declines in overall Ore Reserves.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

LDR Assets has issued a second supplementary bidder’s statement clarifying the adjusted cash consideration in its takeover offer for Elanor Commercial Property Fund securities following a September 2025 distribution. The statement addresses concerns raised by the ECF Independent Board Committee and highlights the impact of transaction costs on net tangible assets.

Wellard Limited has received a final Australian Taxation Office ruling confirming its recent 15 cents-per-share return of capital is not taxable as a dividend, clarifying the tax implications for shareholders following the sale of its last revenue-generating asset.

Fiducian Group Limited has reported a robust 23% increase in net profit after tax for the year ended June 2025, driven by strong inflows and resilient performance across its financial planning, platform administration, and investment management segments despite challenging market conditions.

GBM Resources has raised nearly A$40 million through a major institutional placement led by its largest shareholder, Wise Walkers Limited, to fund exploration and development in Queensland’s Drummond Basin gold projects.

LDR Assets, led by the Lederer Family Office, updates its $0.70 per security takeover offer for Elanor Commercial Property Fund, highlighting management concerns and urging investors to accept before the 13 October deadline.

Netwealth Group Limited has reported a landmark quarter with total Funds Under Administration soaring to $120.8 billion, driven by record first-quarter net flows of $4.1 billion and strategic service expansions.

Wildcat Resources reports a robust Preliminary Feasibility Study for its Tabba Tabba lithium project, alongside a significant new lithium discovery at Bolt Cutter Central, signalling strong growth potential in the Pilbara region.

Queste Communications reports steady investment holdings and a robust cash reserve of over $4 million for the quarter ending September 2025, underpinned by its controlling stake in Orion Equities.

Queste Communications Ltd reported a stable cash position with A$4.055 million in reserves at the end of September 2025, despite a slight net cash outflow from operations. The company’s financing activities provided a modest boost, underpinning its liquidity.