In today’s briefing:
- AUB Group (AUB AU) Opens Books To EQT’s NBIO
- How Much Sandfire ‘Premium’ Is Justified?
- S&P/ASX 200 Outlook: Buy the Pullback or Sell?
AUB Group (AUB AU) Opens Books To EQT’s NBIO
- AUB Group Limited (AUB AU), which operates a network of insurance “matchmakers”, has announced a NBIO, via a Scheme, from EQT @ A$45/share, a ~40% premium to undisturbed.
- That indicative price is up from $43/share proposed on the 13th September (but not made public).
- AUB’s board has opted to open its books to EQT, on an exclusive basis, for six weeks. Tentatively, that expires on or around the 9th December.
How Much Sandfire ‘Premium’ Is Justified?
- Shares in Sandfire Resources hold their ground following first quarter results showing progress at Motheo and Matsa, while a further growth option awaits.
- -Sandfire Resources’ FY26 guidance retained for production, costs, and opex post September quarterly -Growth option via the Black Butte Copper Project in the US -Prospects for a dividend as Jarden forecasts year-end net cash -Analysts debate valuation ‘premium’
S&P/ASX 200 Outlook: Buy the Pullback or Sell?
- The S&P/ASX 200 (AS51 INDEX) has stalled since mid-August 2025, possibly a consolidation period after the strong gains delivered since Apri. Or maybe it’s about to go down…
- The index started a modest pullback this week, closing at 8926.20 on Wednesday. That price is just below our model Q1 support zone, not oversold yet.
- We have identified a key support zone that could be used for buy-the-dip strats, but if the index falls below that support, it may have ended its rally (short-term forecast).
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
