We are pleased to have updated our coverage of Javelin Minerals (ASX: JAV), based on several important catalysts and developments. The recent signing of a 50/50 profit sharing “Right To Mine” contract with MEGA Resources (an affiliate of Indian BGR Mining and Infra Group Limited) is a major advance for Javelin’s Eureka development project, located on granted Mining Leases around …

WAM Microcap Limited (ASX: WMI) is a listed investment company (LIC) that listed on the ASX in June 2017. The Company provides exposure to an actively managed portfolio of primarily ASX-listed micro cap stocks. The Company defines micro cap stocks as stocks with a free float adjusted market cap of less than $300 million at the time of investment. The …

WAM Capital Limited (ASX: WAM) is a listed investment company (LIC) that provides exposure to an actively managed portfolio of predominantly Australian securities. The Company has a track record of over 25 years, listing on the ASX in August 1999. The Company has grown materially throughout its history driven by mergers and acquisitions, placements, bonus option issues and portfolio performance …

Rating status, 12 October 2026: under review. IIR’s rating on Metrics Direct Income Fund (MDIF) remains under review and is not reaffirmed; no current rating is approved. Equity Trustees’ notice of 5 October 2026 confirms that the distribution reinvestment plan is suspended from 29 September 2026 and that distributions will be paid in cash. No reopening of applications or withdrawals, …

In this edition of the IIR LMI Monthly Update we take a look at the key news in August as well as the pricing and performance of LMIs.