Latest Strategic Shift News

Viva Leisure has delivered a robust first half of FY25, reporting a 25.2% increase in revenue and a 26.2% rise in EBITDA, driven by strong execution across its health clubs, franchise network, and technology divisions.

Domain Holdings Australia has appointed Greg Ellis as Interim CEO while continuing its search for a permanent leader, following the planned departure of Jason Pellegrino.

HomeCo Daily Needs REIT has reported steady funds from operations (FFO) growth in the first half of FY25, underpinned by strategic asset sales and a robust development pipeline. The REIT also confirmed its full-year guidance, signaling confidence in its operational momentum and portfolio resilience.

Visioneering Technologies Inc. has requested an immediate suspension from ASX trading as it prepares for removal from the official list, raising questions about the company’s future.

Sandon Capital Investments Limited reported a robust half-year performance with double-digit growth in revenue and profit, alongside a strategic shift to quarterly dividend payments starting March 2025.

LCL Resources has cleared major hurdles in its sale of Colombian gold assets to Tiger Gold Corp, with shareholder approval the final step before a $1 million payment is triggered.

Avenira Limited has ended its licensing agreement with Aleees, freeing the company to focus on a phased development of its Wonarah Phosphate Project aimed at early revenue generation in late 2025.

AGL Energy reported a solid first half of FY25 with underlying EBITDA slightly down but maintained strong operational momentum, while narrowing its full-year earnings guidance and announcing key leadership changes.

St Barbara Limited has announced its intention to separate its Atlantic Gold Operations in Nova Scotia, aiming to unlock value through a Canadian-led development while concentrating on its Papua New Guinea assets.

ABx Group and Core Refining have mutually terminated their licence agreement as ABx pivots to a more cost-effective and sustainable method for producing aluminium fluoride, advancing the ALCORE project into its continuous pilot phase in Tasmania.

8VI Holdings Limited has requested an immediate voluntary suspension of its securities on the ASX, paving the way for its planned delisting on 13 February 2025.

The Star Entertainment Group has declined non-binding offers from Chow Tai Fook Enterprises and Far East Consortium for its 50% stake in the Destination Brisbane Joint Venture, citing insufficient value. The company continues to explore liquidity options but faces ongoing uncertainty about its financial stability.