Saluda Medical
Saluda Medical (ASX:SLD) IPO Raises $230M, but Crashes 46% on its Trading Debut
Saluda Medical (ASX:SLD) listed on Friday after raising AU$230 million at AU$2.65 per share, marking a rare bright spot in an otherwise quiet year for ASX biotech debuts. Unlike most life sciences IPOs that arrive with little more than clinical-stage promise, Saluda Medical already generates US$70 million in annual revenue and is targeting US$82 million…
Telix
Optiscan Imaging (ASX: OIL) Launches Second Cancer Trial: Why This MedTech Stock Looks Like a Buy
Optiscan Imaging (ASX: OIL) has partnered with Australian Clinical Labs to launch Australia's first-in-human head and neck cancer imaging study. The ground-breaking study will recruit 50 patients at the St John of God Healthcare campus in Murdoch and will be led by prominent Perth head and neck cancer surgeon Dr Chady Sader. For investors tracking…
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…
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