Latest Active Management News

Microequities Asset Management Group Limited has announced an on-market buy-back of up to 13.27 million shares, representing roughly 10% of its issued capital, signaling a strategic capital management move.

ParagonCare reported solid FY25 results, progressing well on its complex merger integration and expanding its footprint in Asia through the acquisition of Somnotec Group.

Polymetals Resources has restarted mining and milling at its Endeavor silver zinc mine following a tragic accident, with shipments and exploration activities ramping up.

Alcoa Corporation has updated its dividend announcement to clarify currency exchange rates and payment options for its upcoming quarterly dividend, ensuring shareholders understand their payment choices and tax obligations.

Finder Energy Holdings has outlined ambitious plans to reach a Final Investment Decision by mid-2026 for its KTJ oil development, aiming for first oil production by late 2027 and unlocking over US$1 billion in gross revenues.

TerraCom Limited anticipates delays in coal shipments from its Blair Athol Mine due to rail and supply chain constraints, potentially squeezing December quarter revenues and cash flow.

FleetPartners Group Limited reported a 3.2% revenue increase to $786.2 million for FY2025, despite a 3.3% decline in net profit after tax to $75.3 million. The company completed its Accelerate program, delivering $6 million in annualised cost savings and declared a final unfranked dividend of 13.6 cents per share.

CVC Limited has announced an offer of $50 million in redeemable, unsecured notes (CVC Notes 3), combining a New Money Offer and a Reinvestment Offer for existing CVCHA holders. The notes will pay floating quarterly interest and are expected to be listed on the ASX under code CVCHB.

L1 Long Short Fund reported a 7.2% net return for FY2024-25 and announced a shift to quarterly dividends, reflecting confidence despite a challenging market environment.

Black Canyon Limited has launched a diamond core drilling program at its Wandanya Project to deepen metallurgical understanding of its manganese and iron deposits, aiming to refine processing and product quality ahead of development.

Light & Wonder, Inc. reported a 3% revenue increase for Q3 2025, driven by its Gaming and iGaming segments, alongside completing the Grover acquisition and refinancing debt with $1 billion in senior notes.

Critical Resources Limited has strategically expanded its Mavis Lake Lithium Project in Ontario by staking an additional 80 km² of highly prospective land, increasing its footprint to over 400 km². This move strengthens its position in a key lithium and multi-commodity corridor ahead of anticipated market upswings.