Latest Strategic Pivot News

Prestal Holdings plans to sell its core Hampers with Bite business to Gourmet Brands for up to $1 million, pending shareholder approval. The sale aims to free capital for new acquisitions but places pressure on Prestal to meet ASX compliance within six months.

Despite sweeping changes to Capital Gains Tax announced in the 2026/27 Federal Budget, Acrux Limited’s status as a Pooled Development Fund ensures its shareholders remain shielded from these new tax rules.

Alicanto Minerals has struck strategic earn-in agreements for its Swedish projects potentially worth A$21 million, while expanding its Mt Henry Gold Project footprint in Western Australia and proposing a name change to Sinclair Gold.

Euro Manganese reveals a strong Preliminary Economic Assessment for its Czech manganese project, highlighting a 48% operating margin and a phased build strategy aimed at meeting soaring battery material demand.

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

FirstWave Cloud Technology delivered a strong Q3 FY26 with a $1.40m net operating cash inflow and a major two-year licensing agreement with Mexico’s Banobras bank, marking a key milestone in its AI compliance pivot.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Healius updates FY26 guidance with modest earnings growth, flags wage cost pressures from Fair Work ruling, and initiates sale process for high-growth Agilex Biolabs.

AoFrio’s first quarter revenue plunged 28% year-on-year, weighed down by the loss of a major US motor customer amid tariffs. The refrigeration tech firm is banking on new IoT product launches in Q2 to stabilise sales and improve profitability over 2026.

Orbminco is set to begin a 2,500m drilling program at Majestic North aimed at upgrading inferred resources, testing structural controls on high-grade gold, and probing for primary mineralisation beneath the deposit.

EDU Holdings delivered a transformational FY25 with nearly doubled revenue and a debt-free balance sheet, driven by strong growth in its higher education arm Ikon. The company started FY26 on a solid footing despite regulatory headwinds.