In today’s briefing:
- Energy One (EOL AU): Volue (Reportedly) Makes An Offer
- Artrya (ASX:AYA): Disappointing 4Q26 cash flow
- Whitehaven Coal Beats June Quarter Challenges
Energy One (EOL AU): Volue (Reportedly) Makes An Offer
- Back on the 28th August 2023, software provider Energy One Ltd (EOL AU) fielded an indicative Offer from STG at A$5.85/share; reduced to A$5.15/share after DD. EOL said no.
- That rejection was prescient as the share price nudged A$20/share two years later; but has since halved, and trades around A$10.85/share as I type.
- Shares are in a trading halt. The AFR is reporting Norwegian-based Volue has pitched an indicative A$17/share Offer by way of a Scheme. That’s a 57% premium to undisturbed.
Artrya (ASX:AYA): Disappointing 4Q26 cash flow
- Artrya released its 4Q26 cash flow report today.
- Overall, it was a disappointing read (shares closed down -6.3%), with cash receipts below expectations, a slower-than-expected rollout of Salix to the foundation partners and no real news regarding the submission of Salix Coronary Flow for FDA clearance.
- Conference call: 30th July, 10:00 am AEST/8:00 am AWST Pre-register: https://artrya.zoom.us/webinar/register/WN_f2Lc_hvER3uq6UFuGVaGYw The following is a summary of the key points from Artrya’s 4Q26 cash flow announcement.
Whitehaven Coal Beats June Quarter Challenges
- Higher thermal/met coal prices, lower costs and improving free cash flow are supporting confidence in Whitehaven Coal, despite ongoing operational challenges at Narrabri.
- Middle East tensions reignite thermal coal pricing Narrabri disappoints as Queensland mines shine Costs lowered even with upside pressure from diesel Focus on management’s FY27 guidance at the upcoming FY26 result
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