Latest Capital Allocation News

Moho Resources has expanded its Bush Chook exploration story with new shallow gold systems, but its auditor has warned that ongoing cash outflows and reliance on future funding create material uncertainty over its ability to continue as a going concern. The company held $1.27 million in cash at 30 June 2026 after raising $2 million and selling Silver Swan North.

Nick Scali delivered a sharp recovery in FY26 earnings, with net profit rising 31.2% to $75.7 million as gross margins widened and the UK loss narrowed. The furniture retailer is entering FY27 with a larger showroom network, a new distribution centre and four further ANZ openings planned.

Washington H. Soul Pattinson delivered a record statutory profit after its Brickworks merger, but the headline $2.191 billion result was dominated by accounting gains that will not recur. More durable measures also improved, with Net Cash Flow From Investments rising 11.5%, post-tax NAV reaching $14.5 billion and the final dividend increasing to 63 cents per share.

Tuas Limited (ASX:TUA) delivered a sharp FY2026 earnings lift as Simba’s mobile and broadband subscriber base expanded, with statutory profit rising 277% to S$26.0 million. The result arrives with the M1 acquisition abandoned, S$364.5 million raised but not yet allocated, and an unresolved Singapore spectrum investigation.

LE Minerals finished FY2026 with an A$48.2 million statutory profit, but the result was driven by a one-off A$58.1 million after-tax gain from selling its Solaroz lithium project interest. The company ended the year with A$60.2 million in cash and term deposits as it reshapes its portfolio around Queensland and Utah exploration assets.

Catalina Resources has executed the mining lease transfer for its Nelson Bay River project, paving the way for up to $1.29 million in rehabilitation security to be recovered. The company plans to redirect the capital into November drilling at its Kirkalocka gold and Tallering tungsten projects, subject to final heritage clearance and regulatory steps.

EVT delivered growth across hotels, cinemas and Thredbo in FY2026 while outlining an approximately $500 million non-core property divestment programme. The group is also reviewing its structure as it redirects capital towards asset-light hotel expansion and considers potential special dividends.

Nyrada has secured AU$12.0 million from institutional and sophisticated investors, with a further AU$2.0 million shareholder purchase plan planned, giving the biotech funding to advance its Xolatryp clinical programs. The raise also carries substantial dilution and an unusually large proposed director subscription worth AU$5.125 million, subject to shareholder approval.

Moody’s has affirmed Emeco’s Ba3 corporate family rating with a stable outlook, citing lower leverage, strong liquidity and the growing contribution from maintenance services. The rating remains constrained by Emeco’s smaller scale and exposure to mining-sector cycles.

Marquee Resources has received a $549,122 R&D tax refund, adding non-dilutive cash ahead of planned drilling at its Yindi Lithium and Gold Project in Western Australia. The filing improves near-term financial flexibility but does not disclose the company’s post-refund cash balance or drilling budget.

Dyno Nobel has reaffirmed its FY26 outlook and retained its A$600 million FY28 underlying EBIT ambition, while setting a new A$800 million target for FY31. The explosives maker is positioning defence energetics, premium technology and growth in mining markets as the next leg of expansion.

Vicinity Centres used its 2026 Capability Showcase to make the case for a more concentrated, premium retail portfolio, led by Chadstone and Chatswood Chase. The presentation also set out development returns, balance-sheet capacity and a sizeable residential option beside Chatswood Chase, although much of the value remains dependent on stabilisation, approvals and market conditions.