Equities

COE has released updated details of its near-term Otway Basin development plans, outlining a path to more than double existing output and extend the project’s life.

AIS has entered into a binding agreement with Washington H. Soul Pattinson (WHSP), to acquire Round Oak Minerals (ROM) for total consideration of $234m.

Technology One is scheduled to report its 1HFY22 result on Tuesday, 24th May and we anticipate a solid result with forecast low double digit revenue and PBT growth.

UMG has provided a FY22e trading update which includes FY22e EBITDA guidance, 1H22e EBITDA guidance and balance sheet.

RRL has reported March 2022 quarterly production of 103.1koz at AISC of A$1,574/oz. We maintain our Buy recommendation on a 5% lower target price of $3.00/sh.

Envirosuite provided a Q3 sales update and in short the company delivered another solid quarter.