Daily Roundup

IVE Group Moves to Expand into Digital Media with Motio Acquisition

IVE Group is making a strategic push into the digital out-of-home media sector with its proposed acquisition of Motio Limited. The deal values Motio at approximately $20.7 million in equity value, with IVE offering shareholders 6.0 cents cash per share—a 15% premium to Motio's recent trading price.

Motio operates over 1,300 digital screens across high-dwell-time locations like cafes, medical centers, and bars, generating FY26 revenue of $9.2 million with a healthy cash EBITDA of $2.5 million at a 27% margin. For IVE, the acquisition represents a natural extension of its integrated marketing solutions, opening up new customer segments and revenue streams in a rapidly growing market.

The Motio Board has unanimously backed the deal, and both parties have executed a binding Scheme Implementation Deed to move things forward. IVE expects the acquisition to be earnings per share accretive from FY27, aligning neatly with its 2030 growth strategy. The transaction is anticipated to complete by late November 2026, subject to shareholder and court approval.

Gold Producer Ramelius Charts Ambitious Growth Path

Ramelius Resources is plotting an impressive expansion, with FY27 gold production guidance of 205-225,000 ounces at an all-in sustaining cost of A$2,150-2,350 per ounce. The company is backing this growth with substantial capital investment, allocating A$480-570 million for growth capex in FY27 alone.

The centerpiece of this expansion is the Mt Magnet plant, which is being ramped up to achieve a steady-state processing rate of 4.3 million tonnes per annum by March 2028. Ramelius has tapped Primero as the engineering, procurement, and construction contractor for the new 3 million tonne per annum circuit at Mt Magnet.

Looking further ahead, Ramelius is targeting FY30 production of 560-610,000 ounces at an AISC of A$2,100-2,400 per ounce—representing a 205% production increase by that point. The company expects to generate up to A$1.5 billion in free cash flow by FY30 at an assumed gold price of A$5,500 per ounce, positioning Mt Magnet as a top 10 global gold production hub.

Kinatico Returns Cash to Shareholders via Buyback

Australian RegTech company Kinatico is launching an on-market share buyback, committing up to $5 million to repurchase as many as 43.2 million shares. The buyback kicks off on October 5, 2026, and will run for up to 12 months depending on market conditions. The move aims to enhance shareholder value and improve stock liquidity without requiring shareholder approval.

EQT Holdings Pushes Back on Takeover Bids

EQT Holdings has rejected takeover proposals from both TPG Global and BGH Capital, deeming their offer prices inadequate. While both parties have confirmed their prices won't be reduced by EQT's FY26 final dividend and aren't conditional on certain events like a superannuation trustee exit, the EQT Board isn't convinced of the value being offered.

The Board has extended an olive branch, offering both suitors access to non-public information to help them craft improved proposals. However, there's no guarantee this will lead to a formal offer or completed transaction.

Orthocell Marks Asian Milestone with Thailand Sales

Regenerative medicine company Orthocell has achieved its first commercial sales of Remplir, its nerve repair product, in Thailand. The milestone taps into an $84 million market and follows Thai FDA approval and a partnership with MediTime, a specialist orthopaedics and sports medicine distributor with strong coverage across leading Thai hospitals and medical centers.

The sales represent a significant step in Orthocell's Asian expansion strategy and open a pathway into a sophisticated healthcare market with substantial medium to longer-term growth potential.