Latest Active Management News

Bank of Queensland reported a 4% increase in revenues to $1.668 billion for FY25, yet profits after tax fell sharply by 53% to $133 million. Despite the profit decline, the bank declared a fully franked 20 cent dividend for the full year.

The Supreme Court of New South Wales has approved the scheme for Pacific Equity Partners to acquire Johns Lyng Group, setting the stage for a significant ownership change and trading suspension on the ASX.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

DFA Australia Limited has announced the Distribution Reinvestment Plan (DRP) issue prices for its Dimensional Australian Core Equity Trust and Australian Value Trust following the September 2025 distribution.

Many Peaks Minerals has reported significant gold assay results from reconnaissance drilling at its Ferké Project in Côte d’Ivoire, highlighting multiple extension targets along a key shear corridor. Follow-up drilling is set to advance these promising findings.

Bravura Solutions has raised its FY26 revenue and cash EBITDA guidance, citing a strong British pound and increased project activity in EMEA as key growth drivers.

Yowie Group Limited has extended and increased its secured working capital loan facility with Keybridge Capital, adjusting terms to support ongoing liquidity.

Elanor Commercial Property Fund has reaffirmed its FY26 distribution guidance while urging securityholders to reject a takeover offer it deems undervalued and opportunistic.

Magellan Asset Management has announced a special distribution of 11.00 cents per unit for its Magellan Global Opportunities Fund – Active ETF, offering investors a timely income boost alongside a reinvestment option.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.

Perenti Limited has announced an on-market buy-back program targeting up to 85.4 million ordinary shares, aiming to optimize its capital structure over the next year.

PRL Global Limited has extended its on-market share buyback program until December 31, 2025, signaling ongoing capital management efforts.