ASX All Ords gold stock Barton Gold Holdings Ltd (ASX: BGD) has had a tough time of it in 2026.

In early morning trade on Monday, Barton Gold shares are down 0.6%, trading for 79 cents apiece. This sees the share price down 39.7% year to date.

For some context, the All Ordinaries Index (ASX: XAO) is down 0.1% today and up 0.1% this year.

The ASX All Ords gold stock has faced a few tailwinds this year.

Among those was the somewhat dilutive capital raising in June. The miner has also faced a declining gold price, with the yellow metal down 24% since its 28 January peak.

And Barton Gold is still primarily an explorer waiting to transition to a producer to take advantage of the still historically high gold price. (Despite the sizeable retrace since late January, the current gold price of US$4,141 per ounce remains up 23% since this time last year.)

Speaking of becoming a producer, today the miner announced that it’s taking a big step towards making that transition.

ASX All Ords gold stock appoints GR Engineering

In what could be a welcome longer-term development, Barton Gold reported that it has started a Pre-Feasibility Study (PFS) at its Tunkillia Gold Project, located in South Australia. ,

The ASX All Ords gold stock has appointed GR Engineering Services Ltd (ASX: GNG) to lead the PFS.

In May Barton Gold’s Optimised Scoping Study (OSS) revealed that Tunkillia has the potential to produce around 120,000 ounces of gold and 260,000 ounces of silver annually.

At current gold and silver prices, the miner said that Tunkillia is modelled to produce approximately $1.75 billion in operating profit during the first 27 months of production.

The miner’s 60,000 metre reverse circulation (RC) and 3,000m diamond (DD) drilling campaigns are scheduled for completion in September 2026 to support JORC Resource upgrades and the PFS analyses.

What did Barton Gold management say?

Commenting on the commencement of the PFS that could support the ASX All Ords gold stock over the longer term, Barton managing director Alexander Scanlon said:

Tunkillia’s OSS demonstrated the financial and capital leverage available to large-scale bulk processing operations, with robust economics driven by higher-grade ‘Starter Pits’ modelled to generate $1.75 billion operating profit during the first 2.5 years at current gold and silver prices and thus paying back development costs four times over during this time.

On the appointment of GR Engineering, Scanlon added, “We are pleased to be working again with GR Engineering, who delivered Tunkillia’s 2025 Optimised Scoping Study to a very high standard.”

Barton expects the PFS to be completed during the first quarter of calendar year 2027.

The post Guess which beaten-down ASX All Ords gold stock is pushing towards production appeared first on The Motley Fool Australia.

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Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Accent Group Ltd (ASX: AX1) shares are in focus on Monday after the footwear and apparel retailer responded to Frasers Group’s takeover offer.

At the time of writing, the Accent share price is down 0.68% at 73.5 cents.

That means the stock is still up almost 40% over the past month, although it remains around 20% lower since the start of 2026.

So, what did Accent have to say?

Accent tells shareholders to reject the offer

In a statement to the ASX, Accent said its Independent Board Committee has unanimously recommended that shareholders reject Frasers’ unsolicited on-market takeover offer.

Frasers is offering 65 cents cash per share for the Accent shares it doesn’t already own.

However, Accent has told shareholders to take no action and not sell into the offer.

The company warned that shareholders who accept the offer would miss out on any future upside from its strategy. They could also miss out on any higher offer from Frasers or another proposal that may come along.

Accent said it plans to set out the full reasons for its recommendation in its target’s statement.

Why did the board say no?

There were a few reasons for knocking back the offer.

Firstly, Accent said the 65 cents offer does not include a premium. It is equal to the last closing price before the offer was announced and below Friday’s closing price of 74 cents.

It also described the offer as materially inadequate. In the board’s view, it does not properly reflect the company’s strategic position, medium-term growth plans, or the benefits expected from its cost and trading program.

Furthermore, Accent took a bit of an issue with the timing.

It said the offer has landed during a weak period in the discretionary retail cycle, after its share price had already fallen over the past 12 months.

The board also pointed out that Frasers has previously paid much higher prices for Accent shares. This included $1.718 per share under a subscription agreement in May 2025 and an average price above 92 cents for on-market purchases in February.

Why Sports Direct is caught in the middle

There appears to be a lot of the disagreement on Sports Direct.

Accent pushed back on the idea that Frasers should gain more control without paying a proper control premium.

According to the company, Frasers has made clear that one of its goals is to increase its holding and gain influence over the board.

Frasers is also looking for more involvement in the Sports Direct ANZ business, which Accent described as a key strategic asset and a core part of its growth plans.

The board disagrees with a number of claims made by Frasers about Accent’s board and management, including around the Sports Direct roll-out and communication between the two companies.

What happens from here?

Shareholders will now be waiting for Accent’s target’s statement, which should provide more detail on the board’s view.

And while the takeover bid has helped support the share price, Accent is clearly arguing that 65 cents is not enough.

Now the next question is whether Frasers comes back with a better offer or digs its heels in for a longer takeover fight.

The post This ASX retail stock just rejected a takeover bid. Is a bigger offer coming? appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Investors searching for quality growth opportunities may want to focus on these three ASX growth shares. They have strong competitive positions, expanding earnings, and long-term growth drivers.

REA Group Ltd (ASX: REA), Aristocrat Leisure Ltd (ASX: ALL), and TechnologyOne Ltd (ASX: TNE) are leaders in their respective markets. They continue to create new opportunities for growth through innovation, scale, and strong competitive advantages.

REA Group: connecting real estate parties

REA Group has built one of Australia’s most powerful digital businesses through its flagship property platform, realestate.com.au. The ASX growth share connects buyers, sellers, renters, and real estate professionals. The company generates revenue from property listings, advertising products, and data services.

REA Group continues to benefit from resilient demand across Australia’s property market. As listing activity improves and agents compete for greater visibility, REA can increase the value of its premium products and drive revenue growth. The company is also investing heavily in artificial intelligence and new digital tools that enhance the customer experience and strengthen engagement across its platform.

What makes REA particularly attractive is its dominant market position. Property seekers naturally gravitate towards the platform with the most listings, while agents want to advertise where the largest audience is located. This powerful network effect has helped the company maintain strong pricing power and industry-leading profitability.

With Australia’s property market remaining highly active over the long term, REA appears well placed to continue delivering attractive earnings growth.

Aristocrat Leisure: global gaming leader

Aristocrat Leisure has evolved into a global gaming and entertainment technology leader. While many investors still associate this ASX growth share with poker machines, it now operates across land-based gaming, social gaming, and online gaming platforms. That gives it exposure to multiple growth markets.

The company continues to invest heavily in developing new gaming content, expanding its technology capabilities, and strengthening its digital operations. This strategy has helped Aristocrat build a diverse portfolio of revenue streams and reduce its reliance on any single segment.

A major competitive advantage is the strength of its intellectual property. Successful game franchises can generate recurring revenue over many years while creating opportunities to expand across different platforms and markets. Combined with its global scale and proven ability to develop hit content, Aristocrat has established itself as one of the highest-quality growth shares on the ASX.

As digital gaming adoption continues to increase worldwide, the company appears well positioned to benefit.

TechnologyOne: mission-critical software developer

TechnologyOne is Australia’s largest enterprise software-as-a-service (SaaS) provider. The ASX growth share develops mission-critical software for government agencies, universities, local councils, and large organisations, helping customers manage everything from finance and payroll to asset management and student administration.

The ongoing transition to its cloud-based SaaS platform has transformed the business. TechnologyOne now generates an increasing proportion of its revenue from long-term recurring subscriptions, providing highly predictable earnings and cash flow.

The ASX tech share continues to win new customers while expanding services to existing clients. It is also investing in artificial intelligence and product innovation to enhance its software offering and strengthen customer relationships. At the same time, its growing presence in the United Kingdom provides an additional avenue for expansion beyond its core Australian market.

TechnologyOne’s combination of recurring revenue, high customer retention, and scalable software economics makes it a particularly compelling growth stock.

The post 3 ASX growth shares to buy next month appeared first on The Motley Fool Australia.

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Motley Fool contributor Marc Van Dinther has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Technology One. The Motley Fool Australia has recommended Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.