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<WIRE> Pacific Current Group (ASX:PAC) Foressees FY24 as a Turning Point

Pacific Current Group (ASX:PAC) envisions FY24 as a pivotal year for the corporation.

Management at Pacific Current Group (ASX:PAC) indeed see FY24 as being a significant year for the company.

Following the close of the fiscal year, two unidentified firms have publicly declared their intention of acquiring the company.

The firm projects a record year for revenues and profits in FY24.

Pacific Current Group (ASX:PAC) board also reported having received an unsolicited proposal from Regal Partners to buy Pacific Current Group (ASX:PAC) for a consideration of A$10.77 per share.

The proposed payment for the company’s shareholders consists of 75% in cash and 25% in GQG stock.

On July 27, one of Pacific Current’s portfolio companies, GQG Partners, stated its intention to make a bid as well.

The company anticipates making more announcements regarding this matter in September.

Pacific Current Group (ASX:PAC) is an investment firm with a diverse portfolio of companies.






<WIRE> Aussie Broadband (ASX:ABB) Forecasts FY24 EBITDA Between A$100M and A$110M

Aussie Broadband (ASX:ABB) has released a statement anticipating a projected EBITDA in the range of A$100M to A$110M for FY24.

The company also expressed optimism regarding gaining new customers in the upcoming fiscal year.

They predict their capital expenditures (CAPEX) for FY24 to fall between A$47M and A$52M.

The firm has cited a robust beginning to FY24, with its broadband services escalating to over 715,000 in the past 7-week trading period of the same fiscal year.

However, they recognize that the current market conditions are difficult, especially in the residential segment.

Aussie Broadband (ASX:ABB) is an Australian internet service provider.


<WIRE> Beston Global Food Company (ASX:BFC) Posts FY Net Sales From Continuing Operations (Dairy) of A$170M

Beston Global Food Company (ASX:BFC) reports its annual net sales from continuing operations (dairy sector) have increased to A$170 million, up 34% as of fiscal year 23.

The milk price paid to dairy farmers is at A$9.84KGMS in the named fiscal year.

Dairy trading EBITDA for FY23 was A$4.1 million, reflecting a significant boost compared with last year’s figures.

Beston Global Food Company (ASX:BFC) is a prominent global foods and beverages company headquartered in Australia, known for its high-quality dairy products.


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<WIRE> Probiotec (ASX:PBP) Reports 17.4% Increase in FY Underlying Sales Revenue

Probiotec announced an increase of 17.4% to A$214.0 million in its FY underlying sales revenue from ordinary activities.

Despite the uptick in sales, the company reported an underlying net profit after tax for the year reduced by 3.4% to A$13.0 million.

Additionally, Probiotec (ASX:PBP) declared a final dividend of 3.5 AU cents per ordinary share, fully franked.

Probiotec is a prominent pharmaceutical company specializing in developing and manufacturing a wide range of over-the-counter, prescription, and veterinary products.




<WIRE> Wam Microcap (ASX:WMI) Announces 2023 Final Dividend Of 5.25 AU Cents Per Share

Wam Microcap (ASX:WMI) has announced its 2023 final dividend to be 5.25 AU cents per share.

In addition to the dividend, the company also reported a surge in its FY revenue from ordinary activities, which reached A$43.2 million, marking an increase of 188.0%.

Moreover, Wam Microcap’s FY net profit from ordinary activities after income tax expenses climbed by an impressive 172.9% to hit a total of A$26.3 million.

Wam Microcap is an investment firm focusing on managing a portfolio of ASX-listed microcap companies.