Ball in IGO’s Court as Western Areas Halt Extended
An extension to the trading halt in Western Areas shares will give suitor IGO Ltd some time to figure out the next move, if any, in its $1.1 billion all cash takeover offer.
Read MoreAn extension to the trading halt in Western Areas shares will give suitor IGO Ltd some time to figure out the next move, if any, in its $1.1 billion all cash takeover offer.
Read MoreJanus Henderson’s Matt Peron explains that energy aren’t the sole cause of weakness in consumer discretionary stocks and that US households, thus far, are withstanding elevated inflation.
Read MoreAn unexpected surge in imports of consumer goods and fuels to record highs lopped more than $4 billion off Australia’s trade surplus in February from January’s $11.8 billion.
Read MoreTo help you make heads or tails of hybrids, Roy Keenan, Co-Head of Australian Fixed Income at Yarra Capital Management, shares his six principles for investing in these products.
Read MoreWarren Buffett has made another big plunge into a tech stock – spending around $US4.2 billion buying a stake in HP – a laptop maker and part of the old Hewlett Packard.
Read MoreMarch turned out to be a solid quarter for Gold Road, which is bidding for control of DGO Gold, with a nice jump in both output and quality from its 50% owned Gruyere gold mine in WA.
Read MoreThe broker marginally lowers its EPS forecasts and the target price edges up to $73.05 from $72.94. The Reduce rating is retained.
Read MoreThe broker retains its Neutral rating and $32 target.
Read MoreThe Outperform rating and $2.95 target are maintained.
Read MoreCredit Suisse retains its Neutral rating and $86 target price for ASX following the release of March quarter trading activity statistics.
Read MoreIt’s not hard to see why investors have shied away from China recently. Fidelity’s Tom Stevenson looks at why now might be the right time to take another look in that direction.
Read MoreThe accelerating boom in demand for lithium has seen Mineral Resources agree to boost output from its joint-owned Wodgina and Mount Marion spodumene mines in WA.
Read MoreEven as science changes things, it’s still ultimately about figuring out which companies have the commercial application and ability to monetize the science and which don’t.
Read MoreA promising update from Australian Vanadium has advanced its namesake project in WA closer to the starting line, judging by what it called a bankable feasibility study for the project.
Read MoreAnother twist in the takeover battle for IVF operator Virtus, with private equity firm BGH changing tack yesterday by offering to launch an off-market bid for the company at $8 per share.
Read MoreA big test for IGO today as it learns if its $1.1 billion takeover offer for nickel rival Western Areas – which resumes trading this morning after a two-day halt – has any future whatsoever.
Read MoreBuy rating retained. Target price rises to $15.50 from $14.
Read MoreMorgans has revised its nickel forecasts upward and increases its target price to $4.45 from $3.29 accordingly and upgrades to Add from Hold.
Read MoreThe Neutral rating and $37.65 target are retained.
Read MoreThe Outperform rating and target price of $4.20 are retained.
Read MoreMorgans upgrades its rating to Add from Hold. The target price rises to $8.83 from $7.24.
Read MoreThe broker downgrades its rating to Hold from Add. The $5.65 target price is maintained.
Read MoreGlobal coal prices rose sharply on Tuesday but oil prices fell as the EU left us a little confused about its latest round of sanctions against Russia.
Read MoreSome important changes in the language of its post meeting statement on Tuesday are a clear indication that the Reserve Bank has moved closer to lifting interest rates this year.
Read MoreGAM Investments’ Julian Howard outlines his latest multi asset views, exploring how the onslaught of pandemic, war and inflation leaves central banks with few good options.
Read MoreIn 1965, when the term was coined, the UK was heading toward a period of stagflation. VanEck’s Arian Neiron explains why there are fears we are now heading in the same direction.
Read MoreASIC is taking Macquarie Group’s Macquarie Bank to court over poor controls on clients’ funds that allegedly allowed a $2.9 million embezzlement to go undetected for four years.
Read MoreExxon Mobil’s announcement of a near-record $US11 billion March-quarter result is a very good tip that the sector globally will report booming profits for the March quarter and beyond.
Read MorePlenty of corporate activity in the local mining sector, with developments today on the proposed takeovers of DGO Gold by Gold Road Resources and Western Areas by IGO Ltd.
Read MoreTesla’s Elon Musk has set a fire under tech stocks with his disclosure that he owns more than 9% of Twitter, potentially making him the biggest stakeholder in the company.
Read MorePlatinum recently held its 2022 investor presentation: “Beware the crowd – why having a differentiated approach is critical to investing”, for which a video has now been released.
Read MoreCorporate Connect analyst Joh Snyman has released a new report on local Sulphate of Potash explorer Trigg Mining, in the wake of some promising updates from the company.
Read MoreRationalisation afoot in the local funds management industry with Sydney-based Perpetual revealing an offer to pay $2.4 billion for Pendal, the old investment arm of Westpac.
Read MoreAustralian resource and energy companies are set up for at least two more years of record revenues and earnings as the re-ignited commodity boom looks likely to continue.
Read MoreWith some Federal assistance, beach sands miner and exporter Iluka is going ahead with a rare earths refinery in WA that will cost up to $1.2 billion and come onstream in 2025.
Read MoreThe status-quo result of Serbia’a elections has produced an outcome that won’t make Rio Tinto happy about the future plans for its $US2.4 billion Jadar lithium project in that country.
Read MoreBuy rating retained while the target price loses -$1 to $74.00.
Read MoreThe target rises to $16.73 from $15.78. The analyst believes the risk reward balance is unfavourable and retains a Hold rating.
Read MoreCatch up on the full webinar with presentations from Stelar Metals (ASX: SLB), My Foodie Box (ASX: MBX), Kazia Therapeutics (ASX: KZA) & Akora Resources (ASX: AKO)
Read MorePaul Bibby – CEO & MD – Akora Resources Limited is a mineral exploration company incorporated in 2009. AKO has three prospective exploration target areas comprising some 308 km² of iron ore tenements.
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