Latest Share Price News

WAM Capital’s investment portfolio fell 10.5% in FY2026, while Wilson Asset Management set an 8.0 cents per share target for the next financial year. The presentation points to a thin 0.7-year dividend reserve after the final payout, even as management argues small-cap valuations and takeover activity are improving.

WAM Capital reported a 10.5% decline in investment portfolio performance for FY2026, but retained its full-year dividend at 15.5 cents per share. The listed investment company is targeting an 8.0-cent dividend for FY2027, backed by a profits reserve of 5.7 cents per share after the latest payout.

Micro-X has told ASX it is unaware of any undisclosed information explaining the sharp move in its shares, which rose from $0.030 to $0.045 during 23 September trading. The company pointed to elevated volumes, earlier institutional selling and chairman Patrick O’Brien’s purchase of 1.36 million shares.

Prescient Therapeutics has raised approximately $6 million through its Share Purchase Plan and a shortfall placement, giving PTX-100 additional funding beyond a key clinical review in December. The next test is whether early results support a move into Phase 2b development.

Sultan Resources has secured firm commitments for a $1.316 million placement to fund its move into Namibia, including initial work at the 171.2 square kilometre Kaalkop project. The deal also carries a substantial option package, with key securities still requiring shareholder approval.

Talonx Resources Limited (ASX:TXR) is positioning its portfolio around two distinct exploration propositions: a near-term maiden resource pathway at Viking’s Beaker 2 prospect and district-scale copper potential at Kihabe in Botswana. The September investor presentation largely repackages previously reported results, rather than announcing a new discovery or resource upgrade.

IDP Education has rejected a second, higher takeover proposal from Blackstone, saying the $2.50-per-share offer fails to capture the value of its platform and transformation program. The confidential, non-binding proposal leaves open the question of whether Blackstone will return with a revised bid.

Cadence Capital delivered a sharply stronger FY2026, with profit after tax rising to $33.4 million and its portfolio returning 20.1% against the All Ordinaries Accumulation Index. The listed investment company also moved decisively away from gold and resources, ending the year with $153.5 million in cash and a further 1.0 cent fully franked special dividend on the way.

Harmoney will continue buying back up to 5% of its issued shares while reaffirming FY27 cash NPAT guidance of $16 million or more. The lender also says potential acquisitions could be funded without an equity raising, although no transaction has been announced.

Narryer Metals is buying the Redhill Copper Project in southern Chile from 29Metals, gaining an existing 4.3Mt inferred resource and a much larger conceptual exploration target. The deal also brings a A$1 million strategic investment from 29Metals at a 54% premium to Narryer’s pre-announcement share price.

Tungsten Mining has secured firm commitments for a $50 million placement at $0.32 a share, giving its Watershed tungsten project fresh funding as it moves toward a final investment decision. The raise comes at a discount to recent market prices and will also support the company’s broader project portfolio.

Carnaby Resources’ proposed acquisition by Evolution Mining has moved closer to completion after ASIC registered the scheme booklet and Evolution waived the ACCC clearance condition. The scrip deal still requires shareholder and Court approval, with the vote set for 26 October.