Latest Capital Allocation News

Macquarie Bank Limited reported a robust half-year profit of AUD 3.67 billion, up 61% from the prior period, driven by strategic asset sales and strong loan growth. The bank’s capital position remains solid amid ongoing investments in technology and risk management.

hummgroup and The Abercrombie Group have mutually agreed to end discussions on an unsolicited acquisition proposal, with TAG withdrawing its offer that included a 35% premium. The Independent Board Committee now shifts focus to operational execution and shareholder value.

Light & Wonder, Inc. posted robust Q3 2025 results, driven by strong gaming operations and record iGaming revenue, while advancing its transition to a sole ASX listing.

Middle Island Resources has completed its acquisition of Konstantin Resources, issuing over 750 million new securities following shareholder approval. This marks a significant expansion in Middle Island's portfolio and capital structure.

BlueScope has appointed Tania Archibald as its new Managing Director and CEO, succeeding Mark Vassella who retires after eight years. Archibald’s extensive internal experience positions her to lead the company’s next strategic phase.

Forrestania Resources has retracted its previous reference to a third-party Mineral Resource Estimate for the Hyden Project, clarifying it has yet to complete its own JORC-compliant assessment. Meanwhile, the company highlights strong growth across its Western Australian gold portfolio and strategic acquisitions.

JAYRIDE Group Limited is advancing its transformation into a scalable Mobility-as-a-Service platform, securing new funding and expanding its SaaS footprint across the Asia-Pacific region.

Bayan Mining and Minerals has refined its rare earth element targets at the Desert Star Projects in California through detailed geophysical surveys, setting the stage for imminent drilling. The company’s integrated approach highlights structural controls similar to the nearby Mountain Pass district, boosting confidence in the project’s potential.

Kore Potash has made significant strides in financing and early development activities for its Kola Potash Project, while updating environmental assessments to reflect design changes. The company holds a cash balance of US$2.13 million as it prepares for construction.

QEM Limited has marked significant progress at its Julia Creek Vanadium and Energy Project, finalising key heritage agreements and completing critical drilling, while new metallurgical findings prompt a strategic review of the project’s development path.

Hexima Limited reports a steady cash balance of AUD 1.44 million with a modest quarterly operating cash burn, while exploring strategic options including a potential capital return to shareholders.

BOA Resources is progressing drill plans for key lithium and nickel tenements in Western Australia, though heritage survey delays have pushed timelines. The company is also streamlining its portfolio to focus on high-potential assets.