Latest Capital Deployment News

Challenger Limited has reported a robust first half of FY25, with a 12% increase in normalized NPAT and significant strides in annuity sales and technology modernization, positioning the company for sustained growth.

Challenger Limited has reported a robust first half for the 2025 financial year, with net profit after tax climbing 28.2% and an 11.5% increase in its interim dividend, signaling strong momentum in its financial services operations.

Westgold Resources reported a 72% jump in revenue to $624 million in H1 FY25, driven by increased gold production and higher prices, but posted a net loss after tax due to significant one-off acquisition expenses.

Charter Hall Retail REIT reports solid 1H FY25 results with $73.1 million operating earnings and strategic moves to enhance income growth, including a major stake in Hotel Property Investments Ltd.

GQG Partners reported a stellar 2024 with net inflows doubling to US$20.2 billion and funds under management climbing nearly 27%, underpinning strong revenue and earnings growth. The firm also expanded its dividend payout range, signaling confidence in future capital management.

HomeCo Daily Needs REIT has reported a remarkable turnaround in its half-year results, posting a $116.8 million profit compared to a loss last year, while maintaining stable revenue and distributions.

Dexus Industria REIT has reported a robust turnaround with a $53.7 million net profit for the half-year ended December 2024, alongside a 5.7% increase in Funds From Operations, underscoring resilience in its industrial property portfolio.

Elixir Energy Limited has had its ASX trading suspension lifted following a pivotal announcement about expanding its Taroom Trough assets and initiating a capital raise.

Advance Metals has secured $1.52 million to fund diamond drilling at its Myrtleford Project in Victoria and confirmatory drilling at its Yoquivo Silver Project in Mexico, with drilling commencing immediately.

Teaminvest Private Group Limited (TIP) reported a robust 21% rise in statutory NPAT for 1H25, alongside a 1.5 cent interim dividend and ongoing share buy-back, underscoring confidence in its undervalued shares.

Iron Road Ltd has announced a strategic on-market share buy-back of up to 5% of its issued capital, aiming to enhance financial flexibility for its flagship projects over the next year.

Medallion Metals has secured a positive EPBC Referral decision for its Ravensthorpe Gold Project, marking a crucial milestone in its sulphide development strategy. The company aims to submit additional environmental data by March 2025, targeting final approval by Q3 2025 while progressing drilling and financing.