Latest Board Recommendations News

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Iris Cairns Property Pty Ltd has increased its cash takeover offer for Reef Casino Trust units to A$3.72 per unit, with the Reef Corporate Services Limited board unanimously recommending acceptance. The offer values the trust at approximately A$185.3 million and awaits regulatory approvals.
Victor Sage
Victor Sage
20 Aug 2025
Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.
Maxwell Dee
Maxwell Dee
15 Aug 2025
The Lederer Group has made an unsolicited off-market takeover offer for Elanor Commercial Property Fund at 70 cents per security, prompting the Fund's board to carefully consider its response.
Eva Park
Eva Park
4 Aug 2025
Donaco International shareholders have overwhelmingly approved a scheme of arrangement for On Nut Road Limited to acquire the company at a significant premium, setting the stage for a major ownership change pending court approval.
Victor Sage
Victor Sage
4 Aug 2025
Envirosuite Limited shareholders convened to vote on a proposed acquisition by Ideagen EVS BidCo Pty Limited, approving a $0.09 per share cash offer that values the company at a significant premium. The deal awaits final Federal Court approval, marking a pivotal moment for the environmental intelligence software provider.
Sophie Babbage
Sophie Babbage
1 Aug 2025
New World Resources has upgraded its Antler Copper Deposit resource to 14.2 million tonnes at 3.8% copper equivalent, secured key permitting milestones, and recommended shareholders accept a $0.067 per share takeover offer from Kinterra Capital.
Maxwell Dee
Maxwell Dee
29 July 2025
New World Resources Limited has formally recommended shareholders accept Kinterra Capital's unconditional $0.067 per share takeover offer, following the withdrawal of a competing bid. The offer represents a substantial premium over recent trading prices and includes provisions for option cancellations and accelerated vesting of performance rights.
Maxwell Dee
Maxwell Dee
25 July 2025
MAC Copper Limited has scheduled a key court hearing on July 30 to progress Harmony Gold’s recommended acquisition, moving closer to shareholder votes and regulatory approvals.
Maxwell Dee
Maxwell Dee
23 July 2025
Insignia Financial has agreed to a $4.80 per share acquisition offer from CC Capital, representing a 56.9% premium over its recent share price. The Board unanimously recommends the scheme, pending regulatory and shareholder approvals.
Claire Turing
Claire Turing
22 July 2025
humm Group has granted The Abercrombie Group limited access for due diligence following a $0.58 per share indicative acquisition proposal, signaling a cautious but significant step forward in potential ownership change.
Claire Turing
Claire Turing
15 July 2025
RBR Group Limited invites eligible shareholders to participate in a Share Purchase Plan aiming to raise up to $650,000 by offering shares at a highly discounted price of $0.001 each. The capital raised will support a joint venture, debt repayment, and working capital needs.
Claire Turing
Claire Turing
15 July 2025
Iris Cairns Property Pty Ltd has agreed to acquire Reef Casino Trust in a $177 million cash takeover bid, endorsed unanimously by the Reef Casino Trust board and its largest unitholders.
Victor Sage
Victor Sage
14 July 2025