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There’s no stopping Helloworld Travel boss Andrew Burnes and his blossoming obsession with his ASX-listed rival Webjet Holdings.

Fund manager sources said Helloworld bought another 5 per cent of Webjet on Wednesday evening, lifting its stake past 15 per cent. They added Unified Capital Partners had lined up the trade as well as its predecessors.

Of note, Helloworld paid 89¢ per share in the latest shopping spree, well above the 40¢ mark where it began accumulating the stake back in April.

It has now pulled ahead of the BGH Capital and Gary Weiss’s consortium, which scooped up a 10.7 per cent stake via Macquarie Capital, and launched a bid at 80¢ a share that was rejected by the Webjet board.

Read the full story: Helloworld Travel corners 15 per cent of Webjet Holdings; pays 89¢

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It’s game on at adviser platform and dealer group Centrepoint Alliance.

Self-styled mergers and acquisitions specialist in the financial services sector, The Australian Wealth Advisors Group, scooped up more stock in Centrepoint Alliance on Wednesday, bringing its stake to 15 per cent.

Another ASX-listed player, Sequoia Financial Group, is also understood to have picked up stock in Centrepoint Alliance, taking its stake north of 18 per cent.

COG Financial Services and Thorney Investment Group were both sellers on Wednesday.

A rally in the big banks led the Australian sharemarket higher on Wednesday, helped by this week’s Reserve Bank rate cut and expectations of more policy easing.

Click here for the latest equity market wrap.