Latest Active Management News

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

International Equities Corporation Ltd reported a modest revenue increase for Q1 2025-26 but faced a sharper after-tax loss, pressured by weak tourism and rising costs. Despite challenges, the company maintains a strong liquidity buffer.

Orion Minerals reported a net cash outflow of A$3.1 million for the September 2025 quarter but has secured an $8.6 million capital raise post-quarter to support ongoing project development and operations.

Experience Co Limited reported an 8% revenue increase and 17% underlying EBITDA growth in Q1 FY26, driven by strong demand in its Adventure Experiences segment, especially Reef Unlimited, despite weather challenges affecting Skydiving operations.

Franklin Templeton Australia has launched the Franklin Australian Absolute Return Bond Fund – Class A, an actively managed fixed income fund now available on the ASX. The fund aims to deliver returns exceeding the Bloomberg AusBond Bank Bill Index with a medium risk profile and transparent fee structure.

Franklin Templeton Australia has launched the Franklin Global Growth Fund – Class A, an actively managed ETF listed on the ASX aiming to outperform the MSCI World ex Australia Index with a strong ESG commitment and a 0.90% management fee.

ARB Corporation Limited reported a 5.3% increase in FY25 sales revenue to A$729.9 million, driven by strong export growth and strategic US market moves, despite a 5% dip in profit after tax.

Dominion Investment Group Limited has announced an offer of up to $500 million in unsecured, deferrable, redeemable floating rate notes, aiming to provide investors with monthly income and ASX listing under ticker DMNHA.

QBE Insurance Group has announced the redemption of its USD 300 million 6.10% fixed rate subordinated notes due 2045, marking a notable step in its capital management strategy with regulatory approval secured.

WAM Income Maximiser Limited (WMX) has outperformed its benchmark since its IPO, fully deploying capital ahead of schedule and delivering increasing monthly fully franked dividends.

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.