New Highs, New Contract, But Valuation Is Now the Debate
Electro Optic Systems has pushed to new highs on the back of the conflict in the Middle East. Today, the company announced a US$42M contract, or around A$59M, for its Slinger remote weapons system, including cannons, integration parts, and training. The customer was not disclosed,…
Kasiya gets a handshake from a Tier One Trading Partner
Sovereign Metals surged 10% today after signing a memorandum of understanding with Mitsui & Co, one of Japan’s largest and most respected global trading companies. Under the MOU, the two parties intend to work toward a supply agreement that would see Sovereign sell up to…
Immutep’s Phase 3 trial for Efti has gotten the chop and shares plunge >90%! What now for investors?
After nearly a week in suspense, Immutep (ASX:IMM) confirmed news about Efti that its investors did not want to hear, and arguably feared more and more as the week with trading suspended went on. Namely, its most advanced clinical trial for Efti is all over red rover!
While it is not the end of the company,…
Oil Above US$100 Has Markets Repricing Risk Fast
It looks like there is a strong chance the ASX has another big red day after Wall Street sold off sharply again, with oil prices continuing to rattle markets as the US-Iran conflict escalates. This is not just another weak session for investors. It is a broader…
In a couple of weeks, some ASX Stocks Are Being Removed from the ASX All Ords. Other companies will take their place and it was only yesterday that we wrote about that fact and some of the companies being promoted. But today it is time to look at the stocks suffering the indignity of being…
GemLife Communities (ASX:GLF) only listed in the middle of last year but has made its mark on the ASX, gaining over 20% since its debut and joining the ASX All Ords in the next index rebalance.
There's something peculiar about this $1.9bn company, in our view. Namely, that it could be a way to play the…
Whitehaven Coal gets a refinancing boost, but coal risks remain
Whitehaven Coal (ASX: WHC) climbed 6.7% to A$9.29 on Thursday after announcing it had received public credit ratings from S&P Global, Fitch, and Moody's, all with stable outlooks. For most companies, a credit rating is routine admin. For Whitehaven right now, it is something more…
Collins Foods is growing in Germany, but risks remain
Collins Foods (ASX: CKF) surged as high as 11% intraday on Thursday before closing up around 5.2% after signing a deal to acquire eight KFC restaurants in Bavaria, centred around Munich, for approximately A$50 million. The move increases its German store count by nearly 50% overnight.…
Liontown’s production is improving, but lithium risks remain
Liontown Resources (ASX: LTR) delivered H1 FY2026 results on March 11, leaving the market conflicted. On one hand, total revenue and other income more than doubled to A$208 million compared to the same time last year, and the underground mine at Kathleen Valley is genuinely performing well.…
ASX tech stocks face fresh pressure after Atlassian’s AI job cuts
Atlassian (NASDAQ: TEAM), the Australian-founded software company behind Jira and Confluence, has announced it is cutting approximately 1,600 jobs, around 10% of its global workforce, with roughly 30% of those roles based in Australia. The stock fell around 3.3% during the trading day, then…
