Latest Active Management News

Clara Resources outlines key progress on its Ashford Coking Coal Project drilling preparations and details ongoing capital management initiatives, including rights issues and entitlement offers, while navigating boardroom challenges.

MFF Capital Investments Limited has reported a striking net profit after tax of $381.5 million for the half year ended December 31, 2024, more than doubling last year’s result. The company also announced an increased fully franked interim dividend of 8 cents per share, underscoring its robust financial position and growth trajectory.

Way2VAT has posted a record quarterly revenue of A$1.49 million in Q4 FY24, driving a 43% increase in full-year revenue to A$4.72 million. The fintech continues to expand its enterprise client base and implement cost reductions to support future growth.

Syrah Resources faces significant operational disruption at its Balama graphite mine due to ongoing protests, declaring force majeure while advancing its US-based Vidalia facility amid strong EV market growth.

McLaren Minerals is set to begin a six-week drilling campaign at its McLaren Titanium Project in Western Australia, aiming to boost resource confidence and explore deposit extensions.

Butn Limited reported a modest net cash increase from operating activities in the December 2024 quarter, ending with a strong cash balance of $16.8 million. The fintech company’s latest cash flow report reveals ongoing investment and notable payments to related parties.

Clime Investment Management has reported a return to profitability in the December half, proposing an interim dividend and unveiling strategic initiatives to drive future growth.

SportsHero Limited has arranged a $1 million unsecured loan facility to support its working capital needs, with flexible monthly drawdowns and a fixed 10% interest rate. The company has already drawn $100,000 from this facility, signaling ongoing liquidity management efforts.

Australia United Mining Limited reported steady progress in its New South Wales and Queensland gold projects during the December 2024 quarter, including production from the Ropewalk mine and promising trenching results. Despite limited cash reserves, the company plans to sustain operations with ongoing financial support.

NuEnergy has finalized the Gas Sales and Purchase Agreement for its Tanjung Enim project and is advancing drilling preparations, marking a key step toward production and revenue generation.

88 Energy Limited reports solid progress in its Alaskan oil projects with key joint venture partner Burgundy reaffirming commitment, alongside strategic acreage expansion and operational cost reductions.

Spheria Emerging Companies Limited has declared a fully franked quarterly dividend of 3.5 cents per share, reflecting its commitment to increased shareholder returns following a robust portfolio performance in Q4 2024.