Latest Strategic Review News

Coventry Group’s Q4 FY26 results show a strong operational turnaround with sales up 11.7% quarter-on-quarter and EBITDA almost doubling to $4.1 million, backed by a $10 million cost reduction program and positive cash flow.

Experience Co has agreed to merge its Australian and New Zealand skydive and aviation businesses with Inflite Group under a new NZ holding company, receiving $41 million cash and retaining a 32.5% stake.

INOVIQ Ltd has revealed significant sample quality problems in its EXO-OC ovarian cancer diagnostic study, prompting a technical review and a refined development approach while maintaining its dual commercialisation strategy.

Genesis Minerals and Vault Minerals have agreed to merge, creating a top-3 Australian gold producer with a pro-forma market cap of about A$12.66 billion and annual production of 600-700koz.

Bridge SaaS Limited has exited its non-core investment in Brightside Disability Support, recouping its initial outlay and sharpening its focus on AI-driven disability services and robotics innovation.

Etherstack posted a record US$8.5 million revenue in the first half of FY26, hitting the top end of guidance and setting the stage for a 70% full-year growth over FY25. The company’s expanding order book and Communications-as-a-Service rollout underpin a strategic capital review.

Maggie Beer Holdings has delayed signing binding documents for the $10 million Hampers and Gifts Australia acquisition, targeting completion in February 2027 amid ongoing due diligence and funding arrangements.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.

Diamond drilling at Yandal Resources' Arrakis Prospect reveals consistent high-grade gold mineralisation extending at depth, reinforcing the discovery's potential and setting the stage for an exploration target update in July.

Prophecy International has launched a sweeping global organisational restructure that will slash its workforce by approximately 48%, aiming to realign operations and reduce costs ahead of its FY26 results.

IFM Global Infrastructure Fund has increased its holding in Atlas Arteria to over 57%, urging shareholders to accept its unconditional A$5.10 per security takeover offer before it closes on 7 July 2026. The bidder objects to Atlas Arteria's recent US$100 million settlement to Ontario Teachers’ Pension Plan and plans a strategic review post-acquisition.

Piche Resources has identified extensive high-grade rare earth mineralisation enriched in critical magnet rare earth elements across a 30 km strike at its Ashburton Project, alongside significant uranium prospects.