Fortescue's hydrogen ambitions have been well known, but what hasn't been is how long it will take for the dreams to be realised. Fortescue, a company that makes all of its money from selling iron ore to China, is keen to diversify given iron ore prices have never reached 2021 highs again.
Fortescue wants a part…
What do investment banks do? It is a question worth considering as they are very big, and are very important to equity markets. In the economy generally, they act as intermediaries that help companies, governments, and other entities raise capital, manage risk, and execute various financial transactions. But let's look at what they do in…
Think of Australian mortgage brokers and the famous Aussie ads that concluded with John Symond's catchphrase, 'At Aussie, we'll save you!' Indeed they can save borrowers, because they (theoretically) shop around for the best deal for their customers. Everyone will name low interest rates as what they want, but it is also about other benefits offered…
It finally happened - the bitcoin price exceeded US$100,000. It has been a spectacular run in 2024 with the digital currency more than doubling this year, putting it well ahead of most stock market indices and most other investable assets generally. Its total market capitalisation, at US$3.8tn, exceeds even Nvidia (NDQ:NVDA) and Apple (NDQ:AAPL), the…
12 months ago, the investment by GQG in Adani was something to admire about the company. It was an example of a bold bet that had paid off given the returns it had made. But the charging of Adani boss Gautam Adani with fraud has had a knock-on effect to GQG.
Why The investment by GQG…
If you are a parent considering buying shares for your children, it may seem like a good idea. And it could be, because there are chances to generate returns impossible in any other asset class - you could pay for a house deposit, to pay off their HECS or maybe just to fund their Schoolies…
Investors were evidently pleased with the results out of Island Pharmaceuticals' PROTECT clinical trial...at least if the company's more than doubling in the past two months is anything to go by. The results don't just offer hope to Island's investors, but to people suffering from and vulnerable to Dengue fever, a virus that impacts 400m…
Here are 6 ASX CEOs who departed their companies in 2024
Larry Diamond - Zip (ASX:ZIP)
Since Afterpay's acquisition, Zip (ASX:ZIP) has been the flagship BNPL company of the ASX. It managed to survive a cash crunch, a spectacular collapse in its valuation as interest rates rose, a merger attempt with Sezzle that ended…
Angola might just be one of the most important countries in Africa (if not the world), even if investors do not realise it yet.Recently one of us was having coffee with a couple of Perth-based mining entrepreneurs. They were talking about what a land of opportunity Angola was turning into if you were looking for…
6 of the worst performing ASX shares. Will they bounce back in 2025?
Imugene (ASX:IMU) down 65% in 2024
Imugene is an oncology biotech. It is still capped at over $250m but is well off all time highs. It has multiple cancer therapies that use CAR-T therapies. CAR-T is a therapeutic approach that utilises a…
