Humm Group Limited – Orders
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Cue Energy Resources Limited – Undertaking
The Panel has accepted an undertaking from Echelon Resources Limited in relation to the application dated 30 March 2026 by Cue Energy Resources Limited (see TP26/013).
Echelon has undertaken not to accept the off‑market takeover bid made by Horizon Oil Limited for all of the ordinary shares in Cue in which Horizon does not have an interest, in respect of any Cue shares held or controlled by Echelon (other than those the subject of the pre‑bid agreement between Echelon and Horizon), before Monday, 13 April 2026.
Mobile Asset Holdings Ltd – Panel Receives Application
The Panel has received an application from Andrew John Barlow, as director of Venturian Pty Ltd ATF Maverick Innovation Trust, in relation to the affairs of Mobile Asset Holdings Ltd (Mobile Asset).
Details of the application, as submitted by the applicant, are below.
A sitting Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
Cyclone Metals Limited
Use the PDF link above to access the reasons for this decision. The HTML version will be available shortly.
Cue Energy Resources Limited – Panel Receives Application
The Panel has received an application from Cue Energy Resources Limited (ASX: CUE) (Cue) in relation to its affairs. The application concerns an off‑market takeover bid announced by Horizon Oil Limited (ASX: HZN) (Horizon) on 2 March 2026, and related arrangements involving Echelon Resources Limited (ASX: ECH) (Echelon), a substantial shareholder of Cue.
Details of the application, as submitted by the applicant, are below.
Humm Group Limited 02R – Panel Receives Review Application
The Panel has received an application from Mr Andrew Abercrombie seeking a review of the Panel’s decision to make a declaration of unacceptable circumstances in Humm Group Limited (see TP26/011).
A review Panel has not been appointed at this stage and no decision has been made whether to conduct proceedings. The Panel makes no comment on the merits of the application.
Humm Group Limited – Declaration of Unacceptable Circumstances
The Panel has made a declaration of unacceptable circumstances (Annexure A) in relation to an application dated 23 January 2026 and received by the Panel on 26 January 2026 by Akat Investments Pty Ltd in relation to the affairs of Humm Group Limited (Humm) (see TP26/005).
The Panel separately accepted an undertaking from Humm on 26 February 2026 on the issues of insider participation and management of conflicts of interest (see TP26/009).
Emu NL 06
Introduction
- The Panel, Costas Condoleon, Teresa Dyson and Karen Phin (sitting President), declined to make a declaration of unacceptable circumstances in relation to the affairs of Emu. The application concerned a placement announced 2 weeks before, and undertaken 1 week before, Emu’s AGM at which resolutions concerning the composition of the board were to be considered.
Humm Group Limited – Panel Makes Further Interim Orders
The Panel has made further interim orders in response to an application dated 23 January 2026 and received by the Panel on 26 January 2026 by Akat Investments Pty Ltd in relation to the affairs of Humm Group Limited (see TP26/005) (Application).