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Australian GDP in Q3
Australian GDP in Q3 Grew 0.4% But Misses Forecasts: Why Defensive ASX Stocks Look Attractive Now
Australian GDP in Q3 shows that its economy is...complicated. Growth is stronger than last year, but the latest quarterly numbers fell short of expectations. Australia’s GDP rose by 0.4% in the September quarter, missing market expectations of 0.7%, according to data released by the Australian Bureau of Statistics. While annual GDP accelerated to 2.1%, the…
Vulcan
Vulcan Energy (ASX: VUL) Secures €2.2 Billion for Europe’s First Domestic Lithium Supply Chain
Vulcan Energy Resources (ASX: VUL) has secured a landmark €2.2 billion (A$3.9 billion) financing package to fully fund Phase One of its Lionheart lithium and renewable energy project in Germany. The announcement triggered a trading halt and enabled the board to make a Final Investment Decision, with construction scheduled to begin this Friday. This marks…
Perseus Mining
Perseus Mining (ASX: PRU) Makes $2.1bn Play for Predictive: Is PRU a Buy After the Deal?
Perseus Mining (ASX: PRU) has stunned the market with a bold A$2.1 billion offer to buy Predictive Discovery (ASX: PDI), cutting in on the explorer’s planned deal with Canada’s Robex Resources. The all-share bid values Predictive at A$0.778 per share, representing a strong premium over recent prices, and has already secured the backing of Predictive’s…
economic calendar
Mastering the Economic Calendar: Essential Factors Every Investor Should Evaluate
To successfully maneuver the financial markets, it requires proper planning as well as thorough understanding of the economic forces, which determine investment opportunities. The economic calendar is a tool that investors cannot do without when making informed decisions but it cannot be effectively used in isolation. The skill of assessing, ranking, and putting into action the…
Austin Metals
Austin Metals (ASX: AYT) Appoints New Managing Director: Buy the Catalyst or Wait for Drill Results?
Austin Metals (ASX: AYT) yesterday appointed experienced mining engineer Michael Moore as its new Managing Director. For investors tracking micro-cap gold explorers, this signals a potential shift from the review phase to the execution phase. Moore brings more than 20 years of exploration experience across Australia, Indonesia, West Africa and Europe and notably worked at…
Collins Foods
Collins Foods (ASX: CKF) Reports 30% Profit Growth: Buy the Dip or Wait for a Pullback?
Collins Foods (ASX: CKF) dropped nearly 4% yesterday, despite delivering a half-year result that beat expectations on almost every measure. Australia's largest KFC operator reported an underlying profit increase of almost 30% to $30.8 million, a record revenue of $750 million, and an 18% dividend increase. So why are investors selling? After rallying more than…
Epiminder
Epiminder (ASX: EPI) Makes ASX Debut After Raising $125M for FDA-Approved Epilepsy Device
Epiminder (ASX: EPI) made its ASX debut on Monday after raising $125 million at $1.50 per share, giving the company a market capitalisation of approximately $325 million. The Melbourne-based medtech is backed by hearing implant giant Cochlear (ASX: COH), which holds a 36% stake following the listing. For investors, the critical question now is whether…
Paragon Care
Paragon Care Acquires Haju Medical for $70M as Asia Aesthetics Push Accelerates
Paragon Care (ASX: PGC) is betting big on Asia. The healthcare distributor, currently trading near its 52-week lows around $0.29, has struck a $70 million deal to acquire Haju Medical, an Indonesian aesthetics business that sells devices and injectables to dermatologists and cosmetic surgeons. This is the company's second acquisition in just four weeks, signalling…
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