Latest Retail Investors News

Reece delivered 4.3% sales growth in the first quarter of FY27, powered by a 12.8% increase across Australia and New Zealand. The US remained subdued, while management flagged a cautious view of the second half.

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.

L1 Global Long Short Fund has opened the retail leg of a non-renounceable entitlement offer that could issue up to 216.9 million new shares at $1.76 each. Strong institutional demand has already raised about $100.9 million, but the retail component remains non-underwritten and final proceeds will depend on participation.

L1 Global Long Short Fund has raised approximately A$100.9 million from institutional investors, with strong demand allowing L1 Group to place its A$70.1 million entitlement with new shareholders. Retail investors now face a 1-for-2 offer at A$1.76 a share, with up to A$381.7 million still available.

L1 Global Long Short Fund has launched a non-underwritten one-for-two entitlement offer at A$1.76 a share, targeting up to A$482.7 million for new investments. The raising follows a 19.4% portfolio return since L1 Capital became manager and comes with the familiar risk that shareholders who do not participate could be diluted.

Sports Entertainment Group has completed its NZ$130 million acquisition of MediaWorks, creating a trans-Tasman audio group with more than 5 million listeners. The combined business starts with pro forma net leverage of 1.84 times and a management target of approximately 1.2 times within two years.

American Tungsten & Antimony has submitted a confidential draft Form F-1 to US regulators, moving its proposed Level III ADR listing on Nasdaq into formal review. The company also extended the Del Sol transaction end date by three weeks, leaving both major initiatives progressing but unfinished.

Lowell Resources Fund has secured $3.207 million through its Security Purchase Plan, taking total new units issued across its August capital raising to about 7.5 million. The announcement also contains a material mismatch between the stated placement proceeds and the reported combined fundraising total.

Alliance Aviation has completed the retail leg of its entitlement offer, raising $636,000 from just 10.6% of the shares available. The shortfall will be allotted to sub-underwriters, taking the company’s total capital raising to approximately $40 million.

Eureka Group Holdings has secured $70.7 million from institutional investors to help fund its $123.8 million acquisition of six NSW communities. The remaining $9.5 million retail offer opens against a backdrop of upgraded FY27 earnings guidance, but also higher gearing and execution risk.

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

Australian Bond Exchange Holdings (ASX: ABE) reported a 47% revenue increase to $3.55 million for FY26, cutting its loss after tax by nearly two-thirds to $1.51 million amid ongoing going concern uncertainty.