‘Enough is enough': Lederer launches $285m takeover of Elanor fund
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- West Australian
Diggers & Dealers 2026: Greatland Gold boss Shaun Day denies talking disclosures with ASIC
Greatland Resources boss Shaun Day says he 'respects' the market's visceral reaction to a recent production downgrade, but denies speaking with the corporate cop about disclosures. The gold miner's share price had been riding as high as $7.30 on a strong Australian Securities Exchange debut made at the end of June that had shares on offer at $6.60. But a cut to the Telfer gold miner's expected production for the 2026 financial year seemingly spooked investors and wiped nearly 24 per cent off its share price, which fell from $6.89 to $5.24 and is yet to properly recover. The guidance downgrade, made within a short window of Greatland affirming the April numbers in its prospectus for an ASX listing in May, reportedly attracted the attention of the corporate cop. The Australian Financial Review's Street Talk column reported that the Australian Securities and Investments Commission had been asking questions about what the company and its advisers knew at the time of the float. Taking questions from media at Diggers and Dealers on Tuesday about whether ASIC had spoken to the Greatland, Mr Day said:'We weren't contacted to comment on that. If we had been, we would have said no.' An ASIC spokeswoman declined to comment when asked by The West Australian there had been any kind of engagement with Greatland. Asked more about the downgrade and the market's reaction, Mr Day kept things brief. 'I respect the market, but what we what we focused o was just making sure that we gave a clear update, and we're really confident that we can achieve that update.' Production for the 2026 financial year was dropped from a 300,000 ounce to 340,000 ounce band to between 260,000oz and 310,000oz

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Investors double their money in SA's biggest warehouse deal
Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts.