Daily Roundup
Tuesday, 31st March 2026
Last updated: 21:00 | Max Version 🚀
CUP.ASX VR1.ASX WIN.ASX EOS.ASX HAS.ASX
Count Ltd Acquires Oracle Group, Raises Equity
Count Ltd (ASX:CUP) has entered into a binding agreement to acquire 100% of the Oracle Group, a leading provider of financial advice, accounting and investment management services. The $72.2 million acquisition will be funded by a $35.9 million equity raise and new debt, and is expected to be low double-digit earnings per share (EPS) accretive on a pro forma FY26 basis.
The Oracle Group acquisition significantly accelerates and strengthens Count's position as a leading diversified financial services group. It enhances the company's participation in structurally high-growth end markets and strengthens the platform for future organic growth and financial planning acquisitions.
The combined entity will have around $42 billion in funds under advice and $6.2 billion in funds under management, with a growing network of 98 employed advisers across 14 offices. The acquisition adds 22 employed advisers to Count's existing adviser network.
Vection Executes Agreement for DXLabs Acquisition
Vection Technologies Ltd (ASX:VR1) has executed an agreement to acquire 100% of Digital Experience Labs Pty Ltd (DXLabs), a fast-growing Australian digital transformation and solutions business. The acquisition adds immediate revenue of $3.5 million and EBIT of $0.8 million to Vection.
The transaction strengthens Vection's Australian delivery team and enterprise customer base, while unlocking cross-sell opportunities by combining Vection's AI and spatial computing solutions with DXLabs' specialisation in automation and integration platforms. Key DXLabs management and staff will be retained to ensure a seamless integration and accelerate growth.
WIN Builds Scale at Radio Gold with High Grade Acquisitions
Widgie Nickel Ltd (ASX:WIN) has signed a tenement sale agreement to acquire the high-grade Princess Royal gold mine and secured an option to acquire the Stumpy Doodle gold mine, complementing its Radio Gold Project. These acquisitions are expected to expand the project footprint, increase resource potential, and provide multiple potential high-margin sources of ore to support future development scenarios.
The Princess Royal Exploration Target is estimated at 26,000 - 40,000 tonnes at 8.0 - 12.0g/t Au for 7,000 - 15,000 ounces of gold. WIN plans to commence drilling at Princess Royal and advance exploration at Stumpy Doodle during the option period.
EOS Secures New US Orders and Korea Contract Update
Electro Optic Systems Holdings Ltd (ASX:EOS) has received new US orders worth A$17 million for Remote Weapon Systems. The company has also provided an update on its conditional US$80 million contract with a Korean counterparty for a 100kW High Energy Laser Weapon, with discussions ongoing to convert the contract to unconditional in Q2 2026.
Hastings Acquires Hydromet Plant in Thailand
Hastings Technology Metals Ltd (ASX:HAS) has executed a binding Term Sheet to acquire a fully-permitted hydrometallurgical Mixed Rare Earth Chloride (MREC) processing facility in Thailand. The acquisition provides Hastings with immediate access to a production-ready facility, delivering a capital-efficient pathway to early production and revenue.
The Thai plant has a potential capacity of 30,000 tonnes per annum of MREC following ramp-up, providing significant flexibility to treat multiple feedstocks. Hastings is targeting initial MREC production of approximately 5,000 tonnes per annum in Q4 2026, with full ramp-up to 30,000 tonnes per annum from third-party feedstock, including potentially from the Yangibana Rare Earths and Niobium Project.
References
| CUP.ASX | 11:06 | 73 Count to acquire Oracle Group and undertake equity raising |
| VR1.ASX | 09:48 | 72 Vection executes agreement for DXLabs acquisition |
| WIN.ASX | 12:35 | 67 WIN Builds Scale at Radio Gold with High Grade Acquisitions |
| EOS.ASX | 10:49 | 67 New US Orders (A$17m) and Korea Conditional Contract Update |
| HAS.ASX | 09:05 | 67 Hastings Acquires Hydromet Plant |
| CUP.ASX | 11:06 | 63 Investor Presentation |
| CUP.ASX | 09:54 | 63 Trading Halt |