Magellan and Barrenjoey are coming together as one. Magellan actually was already a shareholder of Barrenjoey, with a 36% stake, but is buying the remaining shares it does not already own.
In some respects it may seem an obvious match given the existing shareholding and how both companies are in the financial markets, but one of…
What are some assets that perform during wartime?
Periods of war create sharp shifts in capital flows, inflation expectations, supply chains and government spending priorities. Some asset classes historically benefit from those forces, while others tend to suffer.
Outcomes always depend on the scale and location of the conflict, but the certain patterns have appeared…
Drone Warfare Is Spreading and Counter Drone Stocks Are Moving Fast
It is not just the war in Ukraine where drones are proving to be a high-impact weapons system. Iran has also used large-scale drone attacks across the Gulf to target US bases and critical civilian infrastructure, and that is now reinforcing a much broader…
More Firepower for Working Capital and Growth
Electro Optic Systems (ASX:EOS) announced today that it now has access to a $100 million credit facility that it can draw down on if and when the business needs additional cash.
That distinction is important. This is not an immediate $100 million debt hit that suddenly appears on EOS’s…
Strait of Hormuz Risk Is the Real Oil Story Right Now
As many people saw on Saturday morning, the bombing had already begun. The US and Israel said they believed Iran had become an immediate strategic threat, particularly because of its nuclear program and what they described as an imminent security risk.
This came after weeks…
Alphabet shares may be down 3% in 2026, but compared to its other Big Tech peers, it is holding up relatively well. From Microsoft to Atlassian, from Salesforce to Adobe...software stocks have been sold off left right and centre as investors fear they'll suffer the fate of Kodak and Blockbuster, unless they appease investor by…
Let's recap some ASX Resources Stocks Set To Make an FID During 2026! We've written articles before outlining companies preparing to release Feasibility Studies, but such studies may show projects are not that feasible at all.
But by the time a company had got to the FID (Final Investment Decision) stage, we know the project is…
The three ASX stocks surging as they cut jobs and lean into AI
Three major ASX-listed companies cut thousands of jobs last week. All three saw their share prices rise. WiseTech Global (ASX: WTC) jumped 11% after announcing plans to cut 2,000 roles. Block (ASX: XYZ) soared 28% on the ASX after slashing roughly 4,000…
ASX copper stocks in focus as supply tightness lifts prices
Copper just hit record highs, trading above US$13,300 per tonne, and this rally looks like more than a short-term spike. The world is using copper faster than miners can produce it, and J.P. Morgan expects a shortage of around 330,000 tonnes this year. For ASX…
Bapcor plunges after a deep loss and emergency capital raise
Bapcor (ASX: BAP) lost nearly half its value on Friday after delivering a shocking A$104.8 million loss and announcing an emergency A$200 million capital raise at just 60 cents per share. That price represents a 65% discount, and the new shares will increase the total…
