Latest Change Of Control News

Invex Therapeutics has discontinued exclusive negotiations to acquire a rare neurological disease company due to board instability triggered by a shareholder requisition notice. Despite this setback, the company remains committed to diversifying its neurological treatment portfolio.

Metal Bank Limited has announced a non-renounceable entitlement offer to raise approximately $2.32 million, partially underwritten, to fund its Western Australia gold strategy and Queensland graphite exploration. The offer closes on 31 October 2025 and coincides with a strategic acquisition of gold assets from Hastings Technology Metals.

Elanor Commercial Property Fund’s Independent Board Committee unanimously recommends rejecting Lederer’s unsolicited $0.70 per security takeover bid, supported by an Independent Expert’s report deeming the offer neither fair nor reasonable.

Lake Resources N.L. has launched a prospectus offering up to 271.7 million new options linked to a recent A$12 million placement, aiming to advance its flagship Kachi lithium project. The options, exercisable at A$0.05 and expiring in three years, await shareholder approval and align management with investors.

Great Northern Minerals Limited has addressed an ASX query regarding the delayed filing of director interest notices, attributing the lapse to an administrative oversight related to option expiry. The company reassures investors that compliance frameworks remain robust.

The Takeovers Panel has declined to intervene in PointsBet’s issuance of over 10 million new shares during a fierce takeover contest, affirming the board’s discretion amid competing bids from betr and MIXI Australia.

Duxton Water Limited reported a remarkable 197% increase in net profit after tax for the half-year ending June 2025, alongside a fully franked dividend and a rise in net asset value per share.

betr Entertainment has lodged a formal application with the Takeovers Panel, contesting PointsBet’s board decision to accelerate vesting of performance rights amid competing takeover bids, a move that significantly boosted MIXI’s voting power.

Boss Energy reported a sharp turnaround with a $34.2 million net loss for FY2025 despite generating $75.6 million in revenue, while withholding dividends amid ongoing challenges.

The Calmer Co. International Limited reported a strong revenue increase of 88% for the year ended June 2025, yet the company still recorded a net loss of nearly $4 million, with no dividends declared.

Regal Investment Fund reported a sharp 78% drop in operating profit for FY25 but maintained steady performance slightly above the RBA Cash Rate. The fund bolstered its position with a $104 million capital raise and extended its on-market buy-back program through mid-2026.

CTI Logistics reported a modest revenue increase for FY2025 but faced a notable drop in net profit, maintaining steady dividends despite earnings pressure.