Latest Market Conditions News

WAM Research’s FY2026 investment portfolio dropped 18%, dragging the company to a $28 million net loss. Despite underperformance, the LIC sustains its 10 cents per share dividend, backed by strong reserves and franking credits.

Flagship Investments has initiated an on-market buyback program for up to $5 million of its FSIGA convertible notes, responding to noteholder demand for earlier repayment ahead of the October 2026 maturity.

EVT Limited posted strong FY26 growth across hotels and entertainment, unveiling a $800 million capital recycling program and a strategic group structure review to fuel future expansion.

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

Ventia Services Group reported a 4.7% revenue decline in HY26 but boosted underlying EBITDA by 8.2%, delivering margin expansion and raising its fully franked interim dividend while upsizing its buyback program.

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.

Tungsten Mining has engaged Cutfield Freeman to lead debt financing efforts for its Watershed Tungsten Project, following a robust Preliminary Economic Evaluation and targeting a Final Investment Decision in September 2026.

Reece Limited posted a 4.5% revenue increase to $9.38 billion in FY26, driven by a strong ANZ recovery and tempered by ongoing challenges in the US residential market. Despite flat EBITDA and a slight dip in net profit, the company unveiled a revamped long-term executive remuneration plan aligned with its 2030 strategy.

Capral Limited posted a solid first half for 2026 with revenue rising 14% on higher aluminium prices and volume growth, while earnings remained steady despite cost pressures and subdued residential demand.

PLS Group Limited delivered a robust FY26 with record lithium production, strong cash flow, and progress on key expansions including the Ngungaju Plant restart and P2000 feasibility study.

Liberty Financial Group delivered a 7.8% rise in net profit after tax to $143.8 million for FY26, underpinned by record loan originations and stable credit quality. The group declared a fully franked 15 cent special dividend payable in September 2026.

Perenti Limited (ASX:PRN) has announced an on-market buy-back of up to 84.5 million ordinary shares, set to run from late August 2026 through July 2027. The move aims to manage capital structure without shareholder approval, leveraging Canaccord Genuity as broker.