Capital Signal
📊 $89.4M raised across 16 deals | 4 sectors | Market sentiment: Mixed | Guidance changes: Mixed updates
Profit Guidance Updates
TPG Telecom Limited (TPG)
Guidance Update
$1,605M - $1,655M EBITDA
Market Cap: $10.26B -3.34% ●
$1,605M - $1,655M EBITDA
Market Cap: $10.26B -3.34% ●
FY25 Pro Forma EBITDA: $1,605M - $1,655M
Update Reason: Completion of Vocus transaction and capital-light business model transformation
Volume Interest: 1.79x (above average)
Update Reason: Completion of Vocus transaction and capital-light business model transformation
Volume Interest: 1.79x (above average)
Key Drivers: Asset sale to Vocus, improved operating margins with leaner cost structure
Standout Metric: A$4.7 billion net proceeds from asset sale to Vocus
Credit Corp Group Limited (CCP)
First Guidance
A$164M Investment Pipeline
Market Cap: $1.04B -2.3% ●
A$164M Investment Pipeline
Market Cap: $1.04B -2.3% ●
FY26 Investment Pipeline: A$164M (first guidance)
Primary Reason: Improved US operational performance and productivity gains
Volume Interest: 1.01x (above average)
Primary Reason: Improved US operational performance and productivity gains
Volume Interest: 1.01x (above average)
Key Drivers: Diversified purchasing across range of sellers, focus on lower balance products
Standout Metric: Record A$164M contracted US investment pipeline for FY26
Trajan Group Holdings Limited (TRJ)
Guidance Upgrade
$166.5M Net Revenue
Market Cap: $123M +5.88% ●
$166.5M Net Revenue
Market Cap: $123M +5.88% ●
FY25 Net Revenue: $166.5M (upgraded from $165.0M upper guidance)
Primary Reason: Strong market demand across portfolio despite biotech syringe revenue loss
Volume Interest: 0.67x (normal)
Primary Reason: Strong market demand across portfolio despite biotech syringe revenue loss
Volume Interest: 0.67x (normal)
Key Drivers: Diversified portfolio, strong customer relationships, leadership in key segments
Standout Metric: Record revenue of $166.5M, exceeding upper guidance
Major Capital Raisings
Silver Mines Limited (SVL)
Placement + SPP
$30.0M
Market Cap: $239.8M -3.7% ●
$30.0M
Market Cap: $239.8M -3.7% ●
Lead Manager: Petra Capital
Issue Price: $0.12 (16.3% discount to 5-day VWAP)
Volume Interest: 1.1x
Issue Price: $0.12 (16.3% discount to 5-day VWAP)
Volume Interest: 1.1x
Use of Funds: Bowdens Silver Project development, exploration
Key Metric: Strong support from high-quality institutional and sophisticated investors
Hot Chili Limited (HCH)
Rights Issue
$14.0M
Market Cap: $89.0M -0.85% ●
$14.0M
Market Cap: $89.0M -0.85% ●
Lead Manager: Veritas Securities
Issue Price: $0.60
Volume Interest: 0.2x
Issue Price: $0.60
Volume Interest: 0.2x
Use of Funds: Strategic partnering process completion, La Verde resource estimate
Key Metric: All eligible shareholders eligible to participate
Manuka Resources Limited (MKR)
Entitlement Offer
$7.97M
Market Cap: $39.2M +2.13% ●
$7.97M
Market Cap: $39.2M +2.13% ●
Issue Price: $0.043
Take-up Rate: 13.6%
Volume Interest: 0.71x
Take-up Rate: 13.6%
Volume Interest: 0.71x
Structure: Fully underwritten with sub-underwriters
Key Metric: Massive shortfall covered by underwriters
Strategic Investments & Smaller Rounds
Infini Resources Limited (I88)
Flow-Through Placement
$3.04M
Market Cap: $12.5M +30.77% ●
$3.04M
Market Cap: $12.5M +30.77% ●
Lead Manager: Peartree Securities
Issue Price: A$0.2052 (52.8% premium)
Volume Interest: 1.91x
Issue Price: A$0.2052 (52.8% premium)
Volume Interest: 1.91x
Use of Funds: Portland Creek Uranium Phase 2 drilling
Standout Metric: Highest premium in dataset (52.8%)
Ballymore Resources (BMR)
Placement
$4.5M
Market Cap: $30.0M -8.33% ●
$4.5M
Market Cap: $30.0M -8.33% ●
Lead Manager: Cygnet Capital
Issue Price: $0.15
Volume Interest: 1.91x
Issue Price: $0.15
Volume Interest: 1.91x
Use of Funds: Dittmer gold project development
Key Terms: 1 free option per 4 shares
SRJ Technologies Group (SRJ)
Accelerated Entitlement
$1.38M
Market Cap: $2.5M -20.0% ●
$1.38M
Market Cap: $2.5M -20.0% ●
Underwriter: Peloton Capital
Issue Price: $0.004
Volume Interest: 0.93x
Issue Price: $0.004
Volume Interest: 0.93x
Use of Funds: Middle East joint venture, UAE entity acquisition
Key Terms: Fully underwritten, 8-for-9 basis
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