Daily Roundup

SLC.ASX GNP.ASX CUE.ASX EDV.ASX STG.ASX

Superloop Reaches Milestone in Origin Contract

Superloop Limited (ASX:SLC) has reached a significant milestone in its exclusive 6-year contract with Origin Energy. The company has now connected over 250,000 Origin broadband subscribers to its network, triggering the issuance of shares to Superloop as consideration. These shares will be subject to shareholder and regulatory approvals, as well as a 12-month voluntary lock-up period.

Genus to Acquire Railtrain Holdings

GenusPlus Group Limited (ASX: GNP) has entered into a binding agreement to acquire 100% of Railtrain Holdings Pty Ltd, a nationally diversified rail services provider. The upfront cash consideration is A$36.5 million, with the potential for up to A$18.5 million in contingent earn-out payments over the next two years, based on Railtrain achieving certain EBITDA targets. This acquisition will add critical scale, diversification, and national presence to Genus' existing rail business.

Cue Responds to Horizon Takeover Offer

Cue Energy Resources Limited (ASX:CUE) has responded to Horizon Oil Limited's announcement of an intention to make an off-market takeover offer for the company. Cue has appointed an Independent Board Committee to evaluate and respond to the proposed offer, and has advised shareholders not to take any action at this stage.

Endeavour Group Reports Solid H1 FY26 Results

Endeavour Group Limited (ASX:EDV) has reported a solid performance in the first half of the 2026 financial year. Retail sales momentum is building, with Dan Murphy's and BWS delivering 2.2% sales growth in Q2, including a record December. The Hotels business also performed well, with 4.5% sales growth in Q2. The company's Underlying EBIT of $563 million was at the upper end of previous guidance. Endeavour is focused on restoring price leadership in Retail, accelerating investment in the Hotels network, and simplifying operations to drive cost savings.

Straker Announces Leadership Transition

Straker Ltd (ASX: STG) has announced a strategic leadership transition, with David Sowerby and Indiver Nagpal appointed as Co-CEOs. Founder Grant Straker will transition to a Non-Executive Director role, where he will chair the newly established AI and Technology Board Committee to guide the company's long-term technical roadmap and AI strategy.