Latest Valuation News

Articore Group Limited has reported its first profitable quarter in four years, delivering a $0.8 million EBIT in 1QFY26 and reaffirming its FY26 guidance amid strategic investments in AI and new product launches.

Jumbo Interactive has completed a strategic acquisition of UK-based Dream Car Giveaways, marking its entry into the rapidly growing UK prize draw market. The deal, valued at nearly A$110 million, positions Jumbo to leverage its digital lottery expertise internationally.

TerraCom Limited has extended the life of its Blair Athol Mine to 2033, supported by a robust 2025 JORC Code Resource and Reserve update. This reinforces the mine’s status as a low-cost, long-life asset underpinning stable cash flow and growth potential.

Ariana Resources has launched the first phase of an extensive drilling programme at its Dokwe Gold Project in Zimbabwe, aiming to expand its 1.1 million ounce gold resource. Initial assay results are expected before year-end, setting the stage for a potential resource upgrade in 2026.

Bank of Queensland reports a 12% rise in cash earnings for FY25 despite a 53% drop in statutory profit due to one-off impairments and restructuring. The bank’s strategic pivot towards commercial lending and digital transformation underpins improved operational performance and shareholder returns.

Warriedar Resources Limited has increased the consideration offered to shareholders and optionholders in its proposed acquisition by Capricorn Metals Limited. An independent expert has affirmed the revised terms as fair and reasonable, with the Warriedar board unanimously recommending approval.

Highfield Resources has locked in A$10 million through convertible notes from existing investors to tackle a key permit issue and push forward its flagship Muga Potash Project in Spain.

McLaren Minerals has reported exceptional high-grade assay results from its 2025 Phase 1 drilling program, revealing new mineralised sequences and underpinning a significant resource upgrade at its McLaren Titanium Project in Western Australia.

Litchfield Minerals reports a significant copper-zinc sulphide intersection exceeding 100 metres at its Oonagalabi Project, while clarifying and withdrawing previous copper equivalent guidance pending metallurgical validation.

NH3 Clean Energy has raised $4 million through a placement to institutional investors, aiming to fund critical front-end engineering design work for its WAH2 clean ammonia project.

Gryphon Capital Income Trust (ASX, GCI) has opened a non-underwritten unit purchase plan offering new units at A$2.00 each to eligible unitholders in Australia and New Zealand. The offer aims to raise up to A$337 million to support portfolio growth.

Smartpay Holdings Limited shareholders convened to vote on a proposed NZ$1.20 per share acquisition by Shift4 Payments, a deal that offers a significant premium and promises immediate cash returns. The Board unanimously endorses the scheme, highlighting a thorough competitive process and the absence of superior bids.