Latest Asset Divestment News

Nexion Group Ltd has reported a significantly reduced net loss for FY25, driven by major asset sales and a strategic pivot towards AI and business intelligence. The company’s divestments are expected to strengthen its balance sheet and provide steady cash inflows.

H&G High Conviction Limited reported a $2.9 million net loss for FY2025 amid challenging market conditions and completed a major asset sale to Hancock & Gore Limited, marking a pivotal shift in its business model.

RAM Essential Services Property Fund reported solid FY25 results, highlighting portfolio growth, strategic capital recycling, and a clear transition towards a pure healthcare real estate focus.

Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.

Genetic Technologies Limited reports a 36% increase in half-year losses amid voluntary administration, followed by a recapitalisation and sale of core assets. The company pivots towards new financial services acquisitions under fresh leadership.

Iress Limited reported a robust first half of 2025 with strong earnings growth and reduced leverage, driven by core business strength and strategic divestments. The company is poised to capitalize on regulatory tailwinds and technology demand in wealth and trading sectors.

Centuria Industrial REIT reported a solid FY25 with a 2% rise in Funds From Operations and announced a $60 million on-market buy-back to address valuation gaps. The REIT projects further growth in FY26 backed by robust leasing and asset management.

Aeris Resources has outlined its FY26 production targets, aiming for a 40-49kt copper equivalent output while advancing key projects and planning asset divestments to strengthen its balance sheet.

Yandal Resources has finalized a binding agreement to sell its Gordons Gold Project to Horizon Minerals for A$2.81 million in cash and shares, reinforcing its strategic focus on core exploration assets.

Identitii Limited advances its BNDRY AML platform tailored for clubs and pubs through strategic collaborations and new funding, while managing cash flow pressures and legal challenges.

XTC Lithium Limited is progressing its Carachi Lithium Project in Argentina through strategic partnership discussions and environmental assessments, while completing the sale of its Southern Cross assets in Western Australia.

Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.