- Sandon Capital Activist Fund (SCAF) Monthly Report September 2026 COG Financial Services advanced after its full-year results and management briefings strengthened confidence in its outlook, while BCI Minerals also benefited from reassessment of its prospects. Sandon flagged Fleetwood's Red Dog acquisition and accommodation contracts as catalysts, criticised Karoon Energy's operational setbacks, and disclosed a new 5.5% Orora position ahead of its AGM. September 2026 COG $241MFWD $130MKAR $781M
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