Latest Net Tangible Assets News

WAM Strategic Value Limited updates its fully franked interim dividend details for FY2026, confirming a 3.25 cent per share payout and clarifying its Dividend Reinvestment Plan pricing and mechanics.

Alternative Investment Trust (ASX: AIQ) is set to raise approximately A$10.2 million through a placement of 7.39 million units priced at A$1.38, matching its adjusted net tangible asset value. The capital will bolster AIQ’s exposure to the WSS Master Fund and other investments.

Whitefield Industrials reported a 5.6% drop in net profit to $21.1 million for FY2026 but maintained its fully franked dividend at 10.5 cents per share, while its portfolio outperformed the ASX200 Industrials benchmark over one and three years.

Abacus Storage King (ASK) is set to internalise its management by acquiring its responsible entity from Abacus Group for about $24 million, unlocking $7 million in annual cost savings and boosting funds from operations by 6%. The move, effective 30 June 2026, coincides with a rebrand to Storage King Group and new leadership appointments.

Magontec Limited reported a robust first quarter in 2026, with gross profit surging 63% and metals sales volumes up 58%, driven by margin improvements and strategic expansion in electronic anodes and magnesium alloys.

Centuria Industrial REIT has executed $188 million in divestments at an average 17% premium to book value, trimming gearing by about 3%. The REIT also completed a key development in Direk, SA, and reaffirmed its FY26 earnings and distribution guidance.

BWP Group has launched the retail tranche of its fully underwritten $228 million entitlement offer at $3.77 per security, aiming to fund a $163 million development pipeline and reduce gearing.

MFF Capital Investments declared a 10-cent fully franked interim dividend for December 2025, with plans to raise it to 11 cents by June 2026. The firm highlights disciplined capital allocation and expands global equities research through its Montaka acquisition.

Pengana International Equities (ASX:PIA) unveils a comprehensive capital management plan offering shareholders an equal-access off-market buy-back at after-tax NTA, a fully franked special dividend, and appoints Antipodes Global Investment Management to steer its portfolio.

BWP Property Group has announced a fully underwritten $228 million entitlement offer to finance a $163 million development pipeline, primarily focused on large format retail assets, reaffirming its FY26 distribution guidance.

Ovanti Limited has acknowledged its $5.27 million placement was material and confidential, while offering potential reasons for a sharp 70% share price rise before public disclosure.

Little Green Pharma (ASX:LGP) posted record quarterly and annual revenues driven by a surge in European sales, improved cashflow, and reduced debt. The company is on track to complete its merger with Cannatrek by June 1, 2026, while benefiting from the US rescheduling of medicinal cannabis to Schedule III.