Latest Strategy News

Infratil Limited is expanding its footprint in New Zealand's energy sector by acquiring an additional 4.92% stake in Contact Energy for NZ$437.7 million, combining debt and equity financing.

Vectus Biosystems has agreed to sell its VB4-P5 renal fibrosis compound to Canadian biotech XORTX Therapeutics for US$3 million in shares and warrants, gaining a strategic equity position while refocusing on its cardiovascular and fibrosis pipeline.

Shriro Holdings announces a $5 million off-market share buy-back at a 14.1% premium, signaling a pivot from acquisitions to expanding its BBQ range globally. The move aims to return excess capital to shareholders while maintaining flexibility for further buy-backs.

BlackRock Investment Management (Australia) Limited has announced final cash distributions for its iShares Balanced ESG ETF and High Growth ESG ETF, detailing payment schedules and reinvestment options for investors.

FortifAI Limited reported steady revenue and significant cost reductions in Q1 FY26, while securing new contracts and advancing AI initiatives to boost operational efficiency.

Charter Hall Long WALE REIT has updated the price for its Dividend Reinvestment Plan (DRP) for the upcoming quarterly distribution, setting a new discounted issue price for investors opting to reinvest dividends.

Cyprium Metals has completed the second tranche of its placement, raising approximately A$80 million to fund key projects and reinforce its financial position.

Prominence Energy has achieved a pivotal milestone with the award of Petroleum Exploration Licence 803 for its Gawler Hydrogen Project, positioning itself as a key player in Australia's emerging natural hydrogen sector. The company also strengthened its leadership team and completed a $1.75 million capital raise to fund its growth ambitions.

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.

WAM Income Maximiser Limited has launched a Share Purchase Plan offering eligible shareholders a discounted entry point to increase their holdings, aiming to raise up to $48.1 million to fuel portfolio growth and deliver steady dividends.

WAM Income Maximiser Limited is offering eligible shareholders the chance to buy up to $30,000 in shares at a discount, aiming to raise $48.1 million to fuel growth and support monthly dividends.

WAM Income Maximiser Limited has successfully completed an oversubscribed $120.2 million placement, reflecting robust investor confidence since its April 2025 IPO. The company also declared a fully franked dividend for October and provided guidance for upcoming months.