Latest Asset Sales News

GDI Property Group (ASX:GDI) lifted FY26 Funds From Operations by 25% to $44.5 million while reducing gearing to 33% and maintaining its 5.00 cents per security distribution. The annual report also sets out a buyback of up to 5% of stapled securities, but says completing the programme may depend on further asset sales.

LDR Capital Property Fund plans to retire $81.6 million of debt after asset sales, targeting a sharp reduction in gearing while it reshapes the portfolio. Investors will receive no distributions for the first two FY27 quarters, with payments deferred until March and June 2027.

ActivEX has eliminated its borrowings and reported a 310,000-ounce gold resource at Mt Hogan, but the balance sheet remains dependent on future funding. The ASX-listed explorer posted a $2.149 million loss after impairing exploration assets by $2.616 million.

Tamboran Resources has moved into initial Beetaloo gas sales, but its first annual report after the milestone still records no fiscal 2026 revenue, a $30.5 million loss and substantial doubt about its ability to continue as a going concern. The company held $219.1 million in cash at June 30, yet faces heavy development spending, no proved reserves and a material weakness in financial controls.

Perpetual Resources has warned of material uncertainty over its ability to continue as a going concern after its FY2026 loss more than tripled. The ASX-listed explorer finished the year with A$2.34 million in cash, but remains dependent on further capital raisings to fund Nevada Scheelite and Brazilian exploration.

Synlait’s operational recovery gathered pace in the second half, but the NZX-listed dairy processor still reported a NZ$75.4 million FY26 loss and negative operating cash flow. KPMG flagged a material uncertainty over going concern as the company prepares to refinance facilities due in 2027.

Australian Vanadium reported progress across its mine, electrolyte and battery businesses, but auditors highlighted material uncertainty over the company’s ability to continue as a going concern. The group held $17.9 million in cash at 30 June, yet expects to need additional funding within 12 months.

Greenwing Resources has warned of material uncertainty over its ability to continue as a going concern after reporting a $3.90 million loss for FY2026. The result was hit by a $2.23 million non-cash impairment at its dormant Graphmada graphite mine, while cash remains below near-term project commitments.

Zeus Resources has reported high-grade surface antimony results in Morocco while moving to acquire a copper-gold project in Mauritania. The exploration story is advancing, but the audited accounts flag a material uncertainty over the company’s ability to continue as a going concern.

Beam Communications has returned $13.3 million to shareholders after completing the ZOLEO divestment, while its continuing operations moved back into profitability. The turnaround comes with a sharp revenue decline and management warning that FY27 revenue and profit will be lower than FY26.

DigiCo Infrastructure REIT is using US asset sales to lower leverage and concentrate capital on its Australian data centre pipeline, led by the fully funded 88MW SYD1 project. The strategy comes alongside a $100.8 million statutory loss, higher distributions and FY27 guidance for 15.0 cents per security.

Latrobe Magnesium has moved its demonstration plant into the final installation stage for magnesium metal, but its annual report flags a material uncertainty over whether the loss-making group can continue as a going concern. The company had $1.09 million in cash at 30 June and has since secured an $8.5 million equity raising to fund commissioning and corporate costs.