Latest Strategic Pivot News

Tyro Payments has stepped back from its proposed acquisition of Smartpay after the latter entered an exclusivity agreement with another bidder offering NZ$1.20 per share. This move halts Tyro's due diligence and merger plans, reshaping the competitive landscape in the payments sector.

VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.

Healius Limited has completed the $822 million cash sale of Lumus Imaging to Affinity Equity Partners, setting the stage for a strategic refocus on pathology and a substantial special dividend payout.

HITIQ Ltd has successfully completed a $680,000 placement and launched a $2.92 million rights issue, positioning the company to fund its strategic shift towards the consumer market and expand its footprint in the US.

GPT Group unveiled a strategic pivot towards co-investment alongside capital partners, reporting resilient 2024 earnings and expanding its retail management platform through key partnerships and asset acquisitions.

Assetora Limited has dramatically reduced its net liabilities and strengthened its balance sheet through strategic capital raises and debt conversions, while unveiling a comprehensive rebrand and leadership expansion to drive its next growth phase.

Hammer Metals has identified promising high-grade gold targets adjacent to the multi-million-ounce Bronzewing mine, setting the stage for a significant drilling campaign at its Yandal Gold Project in Western Australia.

AdAlta Limited has made significant progress in its 'East to West' cellular immunotherapy strategy by executing three CAR-T term sheets and completing technical due diligence, while implementing cost-cutting measures and seeking new capital amid a tough financing environment.

EMU NL’s latest quarterly report reveals promising copper exploration parallels with Canada’s largest open-pit mine, a renewed gold project strategy, and significant corporate restructuring amid shareholder disputes.

Whitebark Energy has secured over 90% of King Energy, advancing exploration at the Alinya Project in South Australia while repositioning its Warro Gas Project towards renewable energy.

Flagship Minerals has secured a binding option to acquire the Pantanillo Gold Project in Chile, positioning itself for growth in oxide gold and copper amid a strategic pivot away from lithium. The company also identified new high-priority copper targets at its Rosario project.

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.