Daily Roundup

IVE Group Moves Into Digital Media With Motio Acquisition

IVE Group is making a strategic push into the digital out-of-home media space with its proposed acquisition of Motio Limited for approximately $20.7 million in equity value. The deal values the company at $16.7 million on an enterprise basis and sees Motio shareholders receiving 6.0 cents cash per share—a 15% premium to the company's recent trading price.

Motio operates over 1,300 digital screens across high-traffic locations like cafes, medical centers, and bars, generating FY26 revenue of $9.2 million with cash EBITDA of $2.5 million at a healthy 27% margin. For IVE, the acquisition represents a natural expansion into media ownership and monetization, opening up new customer segments and revenue streams that align with its 2030 strategy.

The deal is expected to be earnings per share accretive from FY27, and both the Motio Board and IVE have moved quickly to formalize the arrangement. Motio has executed a Scheme Implementation Deed with IVE Group, with the Motio Board unanimously recommending shareholders vote in favor of the acquisition. The transaction is expected to complete by late November 2026, subject to shareholder and court approval.

Gold Producer Ramelius Charts Ambitious Growth Path

Ramelius Resources has laid out an ambitious four-year outlook that positions the company for significant expansion. The gold miner is guiding for FY27 production of 205-225,000 ounces at an all-in sustaining cost of A$2,150-2,350 per ounce, backed by growth capital expenditure of A$480-570 million.

The centerpiece of this strategy is the Mt Magnet plant expansion, which is on track to reach a steady-state run-rate of 4.3 million tonnes per annum by March 2028. Ramelius has appointed Primero as the engineering, procurement, and construction contractor for the new 3 million tonne per annum circuit at Mt Magnet. Looking further ahead, the company expects FY30 production to reach 560-610,000 ounces at an AISC of A$2,100-2,400 per ounce, with free cash flow projected to hit A$1.5 billion by FY30 at A$5,500 per ounce gold prices. By that point, Mt Magnet is expected to rank among the top 10 global gold production hubs.

Kinatico Returns Cash to Shareholders Via Buyback

RegTech company Kinatico Limited is launching an on-market share buyback, allocating up to $5 million to repurchase as many as 43.2 million shares. The buyback commences October 5, 2026, and will run for up to 12 months subject to market conditions. The move is designed to enhance shareholder value and improve stock liquidity without requiring shareholder approval or impacting the company's operations.

EQT Rejects Takeover Bids, Seeks Better Offers

Equity Trustees has rejected takeover proposals from both TPG Global and BGH Capital, with the board concluding that the offer prices don't adequately reflect the company's value. Both bidders have confirmed their offer prices won't be reduced by EQT's FY26 final dividend and that their proposals aren't conditional on the company exiting its superannuation trustee business or resolving ASIC litigation.

The EQT Board has opened the door to improved proposals, offering both parties access to non-public information under confidentiality agreements. However, there's no certainty either party will submit a formal offer.

Orthocell Enters Thai Market With First Remplir Sales

Regenerative medicine company Orthocell has achieved its first commercial sales of Remplir, its nerve repair product, in Thailand. The milestone marks the company's entry into a strategically important Asian market valued at approximately US$84 million. The sales follow Thai FDA approval and the appointment of MediTime as Orthocell's exclusive in-country distributor. MediTime brings established relationships across leading hospitals, medical schools, and regional centers throughout Thailand, positioning Orthocell for medium to longer-term growth in the region.