Latest Capital Redeployment News

Ingenia Communities Group has secured unconditional contracts to sell six New South Wales communities, releasing $124 million in capital that will be deployed into higher-growth projects and debt reduction.

Stonehorse Energy has sold its US Lone Star oil and gas interests for US$1.114 million, shifting focus to expanding its Drumheller development program in Alberta.

PeopleIN Limited reversed its earnings decline in FY26, driven by a 74.8% surge in its Engineering, Trades and Labour division amid Queensland’s booming infrastructure projects. The company’s sharper portfolio focus and strengthened balance sheet set the stage for further growth.

Bayan Mining has finalised the sale of its Bayan Springs North Project to Sun Silver, securing upfront and contingent payments while retaining a 1% royalty to maintain exposure to future exploration success.

Lindsay Australia Limited reported a 31.5% rise in net profit after tax to A$22.9 million for FY26, driven by full-year SRT Logistics integration and organic growth. The company declared a fully franked 1.7 cent final dividend and secured a major Woolworths secondary freight contract in North Queensland.

Perenti Limited has agreed to sell its equipment rental and parts sales business BTP Group for A$100 million, reflecting a strategic portfolio shift. The transaction will result in a significant non-cash loss in FY26 but frees capital for higher-return mining contracts.

Servcorp Limited delivered a record FY26 with a 24% rise in underlying NPBIT to $87 million, boosted dividends by 14%, and outlined a cautious yet optimistic FY27 growth strategy.

Union Star Metals has agreed to sell its Brazilian rare earth subsidiary to Harvest Minerals, receiving cash, shares, and milestone payments while sharpening its focus on gold and silver exploration in the US.

Rincon Resources has struck a $1.1 million joint venture deal with Maverick Minerals, divesting 90% of its West Arunta interest while retaining a 10% free-carried stake, freeing capital for its core Telfer South and Crackerbox projects.

ASF Group has divested its non-core coking coal subsidiary for A$3.08 million, aiming to refocus capital towards growth and working capital enhancement.

Beach Energy has agreed to sell its 60% stake in the VIC/L35 Otway Basin permit, including the Artisan gas discovery, for $70 million upfront plus a production royalty expected to total around $140 million. The deal frees up over $500 million in capital, allowing Beach to focus on higher-return projects.

Dexus Convenience Retail REIT has agreed to sell three convenience retail assets for $8 million, achieving a 1.4% premium to book value, with proceeds earmarked for its on-market buy-back program.