Latest Asx News

Elixir Energy has wrapped up a 12-stage fracture stimulation at its Lorelle-3H appraisal well in Queensland’s Taroom Trough, placing all proppant as planned. The company is now milling out plugs ahead of a 30-day gas-condensate flow test that could validate commercial production potential.

Qualitas Limited has upgraded its long-term Australian funds management EBITDA margin target from over 50% to more than 60%, driven by operational efficiencies and a proprietary AI platform designed to streamline investment processes.

Vista Group has landed a significant contract to transition Cineplexx’s European cinema circuit to its cloud-based Operational Excellence platform, covering 59 sites and over 400 screens across 11 countries.

CTI Logistics expects a 75% increase in profit before tax for FY26, driven by strong revenue growth and operational efficiencies in Western Australia despite relocation expenses.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.

Ashley Services Group is set to acquire major logistics labour hire contracts generating $162 million in annual revenue, with the deal expected to enhance earnings per share in FY27.

Peninsula Energy has extinguished its convertible loan debt with Adare Finance by issuing over 21 million shares and is positioned to draw down a new US$30 million convertible note facility, subject to conditions.

Pilot Energy remains suspended from trading as it pursues strategic funding for its Cliff Head Carbon Storage Project, securing $500,000 in short-term loans to support working capital.

Pacific Nickel Mines continues mining at Kolosori under Glencore finance while progressing a conditional sale of its Solomon Islands assets to Green Rock Limited.

Toro Energy has officially been acquired by IsoEnergy’s subsidiary through a scheme of arrangement, with Toro shares now delisted from the ASX and shareholders receiving IsoEnergy shares as consideration.

Westpac Banking Corporation declared a fully franked distribution of AUD 1.3884 per Westpac Capital Notes 9 for the quarter ending September 2026, reflecting a 5.5082% annualised rate based on the latest 3-month BBSW plus margin.