Latest Equities News

NEXTDC has boosted its pro forma contracted utilisation by 60% to 667MW, prompting a A$1.5 billion entitlement offer and an expanded capital plan to accelerate its Western Sydney data centre developments.

Infotrust has finalized its acquisition of Canberra-based Catalyst Cyber, enhancing its foothold in federal government cyber security with a deal structured around performance-linked payments.

Brisbane Broncos Limited celebrated a landmark 2025 with premiership victories in both the NRL and NRLW, driving a 36% jump in net profit to $7.77 million and underpinning strong commercial growth.

Memphasys Limited has marked a milestone quarter with revenue surpassing A$100,000, driven by repeat orders and multi-year contracts, signalling its transition to a commercially focused biotech business.

Antilles Gold has secured $2 million through a share placement to a Chinese investor, strengthening funding for the Nueva Sabana mine construction in Cuba. The capital injection increases the joint venture loan and highlights ongoing financial manoeuvres ahead of mine commissioning.

Abu Dhabi-based private equity firm Axight is set to acquire a minority stake in La Trobe Financial Group, with Brookfield Asset Management maintaining majority ownership and operational control.

HITIQ Limited has drawn down a $1 million loan from a major shareholder associate, with plans to convert the debt into convertible notes subject to shareholder approval. The initial tranche aims to bolster working capital amid ongoing capital market challenges.

Diversified United Investment Limited shareholders overwhelmingly approved a merger with Australian United Investment Company Limited, setting the stage for increased dividends and operational efficiencies.

The Federal Court has approved the acquisition scheme for Insignia Financial by CC Capital Partners, setting the stage for a $4.80 per share cash payout and imminent ASX suspension.

88 Energy has bolstered its Alaska North Slope exploration with a substantial prospective resource update, fresh seismic data acquisitions, and a heavily oversubscribed A$5 million equity placement, setting the stage for its Augusta-1 well spud in early 2027.

Australian Ethical’s funds under management slid 3.7% to $13.57 billion in Q3 2026 amid market volatility, but the firm bolstered growth with a new $125 million private markets fund backed by the Clean Energy Finance Corporation and solid middle market client wins.

Many Peaks Minerals has completed more than 10,150m of drilling in the March quarter, delivering strong gold intercepts at its Ferké Gold Project in Côte d’Ivoire that underpin an upcoming maiden resource estimate and pre-feasibility study.