Latest Valuation News

Elanor Commercial Property Fund has issued a supplementary statement correcting the takeover offer price from LDR Assets to $0.68375 per security, below its net tangible asset value. The Independent Board Committee strongly recommends securityholders reject the offer.

Centaurus Metals has secured the final mining lease for its Jaguar Nickel Project in Brazil, clearing a major regulatory hurdle and moving closer to a Final Investment Decision and project development.

Cobalt Blue Holdings announces the retirement of long-serving Chairman Rob Biancardi, with Joe Kaderavek stepping up as Chair and CEO Dr Andrew Tong appointed Managing Director. The company also defers its planned name change, signaling a nuanced strategic evolution.

Great Divide Mining’s joint venture partner Dart Mining reports record high-grade surface samples at the Coonambula project, prompting accelerated drilling plans to define a significant antimony-gold resource.

Pacific Smiles Group Limited has issued a Target’s Statement endorsing Beam Dental Bidco’s $2.20 per share off-market takeover bid. The Independent Expert deems the offer fair and reasonable, and the Independent Board Committee urges shareholders to accept, barring a superior proposal.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

LDR Assets has issued a second supplementary bidder’s statement clarifying the adjusted cash consideration in its takeover offer for Elanor Commercial Property Fund securities following a September 2025 distribution. The statement addresses concerns raised by the ECF Independent Board Committee and highlights the impact of transaction costs on net tangible assets.

Carawine Resources Limited’s shares have been suspended from trading following a Federal Court ruling that allows QGold Pty Ltd to compulsorily acquire all remaining shares it does not own.

Aurumin Limited proposes a scheme of arrangement for acquisition by Brightstar Resources, with an independent expert confirming the deal is fair and reasonable. The transaction offers Aurumin shareholders exposure to a larger gold portfolio and enhanced market presence.

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.

Imperial Pacific Limited has announced its Dividend Reinvestment Plan (DRP) issue price for 2025 at $1.85 per new share, maintaining parity with current trading levels and foregoing any discount. New shares will be issued within two weeks, aligning with existing shares.

Hastings Technology Metals has responded to an ASX price query, denying any undisclosed information behind its recent share price and volume spike, citing recent joint venture and asset sale announcements as likely drivers.