ASX Announcements
Market Sensitive
2024 AGM Addresses, Presentation and Trading Update
Company Presentation, Trading Update, Chairman's Address to Shareholders
- Nov 7, 2024
- 44 pages
Notice of 2024 Annual General Meeting/Proxy Form
Notice of Annual General Meeting, Proxy Form, Letter to Shareholders
- Oct 4, 2024
- 19 pages
January
Propel Funeral Partners in $90 million equity raise
Barrenjoey and Bell Potter launched a $90 million equity raising for Propel Funeral Partners on Tuesday to chip away at the funeral provider’s net leverage.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2023
Funerals group Propel says buyout offers too cheap
Australia’s No.2 funerals group, Propel Funeral Partners, has received ‘multiple’ buyout proposals but none have been compelling enough to start talks with suitors.
- Updated
- Simon Evans
Grave affair: Propel Funeral Partners bankers up, eyes on IFM
It is unclear whether IFM’s interest in the company has progressed or if the fund manager plans to table a formal offer.
- Sarah Thompson, Kanika Sood and Emma Rapaport
July 2023
Propel seeks its ride-or-die amid industry consolidation
Propel Funeral Partners is getting on the front foot and shoring up its first line of defence as its listed peer InvoCare thrashes out the final details of a take-private deal.
- Sarah Thompson, Kanika Sood and Emma Rapaport
February 2023
InvoCare shares hit as funeral rivals gain market share
The owner of Simplicity Funerals, White Lady Funerals and Le Pine has had $170m wiped off its sharemarket value.
- Updated
- Simon Evans
November 2022
What investors need to look for in small-cap wreckage
If the bears are right, then stocks can go lower in 2023. But cashed-up investors will find rich pickings. When the turn comes, it will be fast and large.
- Tony Featherstone
Nine small-cap stocks to pick up at bargain prices
Fundies like them because they’ve got greater earnings certainty, and they look undervalued.
- Tony Featherstone
May 2022
Smashed small caps that can turn into portfolio treasures
The best time to buy is when they get badly oversold. Professional investors share the stocks they like and what to watch out for.
- Tony Featherstone
February 2022
All the profit results for February 23, 2022
Results briefing | News and analysis on today’s profit results from Woolworths, WiseTech, APA, Carbon Revolution, Charter Hall Retail, Coronado, Domino’s Pizza, Healius, HT&E, Karoon Energy, McPherson’s, Pilbara Minerals, Scentre, Stockland, Wagners, Worley and Ventia Services.
October 2021
Propel Funeral Partners raising $50 million
Bell Potter will act as lead manager for Propel Funeral Partners $50 million capital raise.
- Anthony Macdonald, Yolanda Redrup and Kanika Sood
March 2020
Funeral stocks spared the worst of ASX carnage
Australia's two ASX-listed funeral companies have suffered more modest falls in the past three weeks compared with the main index, in an ominous sign.
- Simon Evans
November 2019
ACCC to keep a close eye on funeral industry buy-ups
Australia's No.2 player, ASX-listed Propel Funeral Partners, has been given the all-clear to acquire the Sunshine Coast's largest funerals business.
- Simon Evans
October 2019
InvoCare boss cheers post-Hayne insurance crackdown
Australia's biggest funerals group is likely to benefit as the federal government moves to implement one of the Hayne Commission recommendations.
- Simon Evans
May 2019
Investors lift Propel on rising flu deaths
A second ASX-listed funeral company has experienced a surge in its share price as the number of flu-related deaths in Australia passes 100.
- Simon Evans