Latest Financial Impact News

IPD Group has acquired Platinum Cables Pty Ltd for $37.5 million, enhancing its mining sector footprint and delivering an 11.5% EPS accretion in FY25 pro forma. The deal positions IPD for expanded cross-selling and deeper customer ties with Australia's largest miners.

Proteomics International Laboratories has achieved the prestigious CAP accreditation for its US lab and installed a new mass spectrometry platform, setting the stage for the 2026 launch of its Promarker diagnostic tests in America.

The Lederer Group, holding 42.7% of Elanor Commercial Property Fund securities, is pushing to replace the fund’s responsible entity and manager, aiming to reduce management fees and reshape governance.

EPX Limited has successfully completed a $2.14 million private placement to institutional investors, positioning itself to acquire Wattwatchers Pty Limited and invest in new technology initiatives. An upcoming Share Purchase Plan will offer existing shareholders further participation opportunities.

Saunders International has landed a $10.4 million contract to build new water storage infrastructure in South West Sydney, reinforcing its foothold in the growing water infrastructure sector.

Cann Group Limited has launched a comprehensive suite of option offers aimed at raising incremental capital, subject to shareholder approval at a December 23 meeting. The prospectus outlines potential dilution and financial impacts as the company seeks to strengthen its balance sheet.

Pure One Corporation Limited is set to exit its 40% stake in Turquoise Group for AUD 5 million, securing a substantial profit and refocusing on its core clean energy ventures.

FAR Limited has agreed to promptly pay Woodside Energy a $6 million claim related to the 2021 sale of its interest in the RSSD Project, with a potential refund if Woodside recovers disputed costs from Senegal authorities.

Central Petroleum has amended its sub-salt exploration permit sale, excluding the EP82 permit and retaining Helium Australia Pty Ltd, while anticipating a $4.2 million impairment charge in FY26.

Swift TV Ltd has ceased its decade-long monthly subscription services with Mineral Resources, pivoting to a hardware-enabled SaaS model with its flagship Swift TV product. The company is set to deploy over 4,300 screens across 11 sites by March 2026, marking a significant strategic shift.

Lithium Universe Limited has completed the second tranche of its share placement, raising $40,000 and securing shareholder approval for a significant options issuance tied to its growth strategy in lithium refining and solar panel recycling.

Delorean Corporation faces a setback as Brickworks withdraws from the Horsley Park Bioenergy project, prompting a strategic pivot towards other developments and ongoing construction efforts.