Latest Distribution News

G50 has extended the known strike of its Golconda gold-silver system to more than 1.8km, with shallow high-grade results from the Golden Eagle target. The ASX-listed explorer also finished the quarter with A$25.778 million in cash after a placement backed by Hancock Prospecting.

HUB24’s total funds under administration rose 15% to $168.6 billion in the first quarter, while platform net inflows reached $4.0 billion. Growth remained broad-based across advisers and wealth software, although inflows fell 23% from a strong prior-year comparison.

Beacon Minerals lifted September-quarter gold production to 6,250 ounces as milling rates improved at its Jaurdi project. Wet commissioning of a plant upgrade has now begun ahead of schedule, setting up a closely watched December quarter.

WAM Active estimates its pre-tax NTA at $0.84 per share after October volatility hit small-cap resources and technology holdings. The listed investment company has declared 5.2 cents per share in fully franked dividends, while its Firmus Technologies valuation remains unchanged after the startup withdrew its IPO.

Blackpearl Group narrowed its quarterly EBITDAF loss to $2.97 million and is now targeting profitability in Q1 FY28. The company has also secured a non-binding US distribution agreement with a potential pipeline of more than 70 enterprise customers.

Kiwi Property has launched a seven-year senior secured green bond offer of up to NZ$200 million, with a minimum interest rate of 5.55% and an expected BBB+ issue rating. The final margin, interest rate and accepted amount will be set after a bookbuild on 23 October.

Rua Bioscience has raised approximately NZ$1.0 million through its rights offer, well short of the NZ$2.8 million sought. The medicinal cannabis company says it still needs more working capital to fund inventory for its UK expansion.

Tasmea delivered record FY26 earnings and lifted its FY27 guidance, as the WorkPac acquisition reshaped the group and the newly completed Maxim and JPS deals move into the numbers. The opportunity is substantial, but so is the execution task: margin mix, integration and earn-out obligations now matter more than ever.

Ramsay Health Care’s proposed separation of its 52.79% Ramsay Santé stake has reached a key regulatory milestone, with ASIC registering the Demerger Booklet. Shareholders will vote on the transaction on 24 November, but approval remains only one step in a process that could create two separately traded healthcare exposures.

K&S Corporation’s FY2026 annual report confirms a sharp earnings decline, a lower dividend and rising debt as weak demand, margin pressure and the loss of most InfraBuild work weigh on the logistics group. Management expects FY2027 to remain difficult, with no formal earnings guidance provided.

Provaris Energy’s share purchase plan attracted preliminary applications of $755,000, exceeding its $600,000 target. The company will accept the oversubscription, with the final amount, issue price and share allocation due on 21 October.

Stockland has maintained its FY27 earnings, distribution and settlement targets despite softer residential demand and longer customer decision times. Logistics and retail remain firm, while the group’s data centre pipeline now has approximately 450MW of power secured.