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Champion Iron
Rio Tinto (ASX: RIO) Sparks Bidding War for $2bn Boron Assets: Buy the Dip or Wait for a Better Entry?
Rio Tinto Sparks Boron Bidding War Rio Tinto (ASX:RIO) is attracting serious attention this week after Bloomberg reported that the mining giant is preparing to sell its California boron operations in a deal that could fetch up to US$2 billion. More than a dozen potential buyers have already circled the assets, with binding offers expected…
ASX travel stocks
ASX Travel Stocks Explode Higher as Oil Crashes 15% on Iran Ceasefire- Is This a Buy or a Two-Week Trade?
ASX Travel Stocks Rally on Ceasefire Oil Drop Virgin Australia (ASX:VGN) surged 13%. Qantas (ASX:QAN) jumped 8%. Flight Centre (ASX:FLT) climbed strongly. Wednesday was one of the best single sessions ASX travel stocks have seen all year, and the reason is straightforward. Trump announced a two-week ceasefire with Iran, oil prices crashed 15%, and investors…
fortuna metals
Fortescue (ASX:FMG) Drops on Diesel Supply Crisis- Is Andrew Forrest’s Green Pivot Hurting FMG Shareholders?
Fortescue Falls on Diesel Supply Fears Fortescue (ASX: FMG) shares fell 1.32% to A$20.26 in Friday's session as the mining giant found itself caught between two competing headlines. On one hand, the company is pushing harder than ever on its Pilbara renewable energy rollout. On the other hand, a worsening global diesel supply crunch is…
Oil Crashed
Oil Crashed 15% on Iran Ceasefire: Should You Buy, Sell or Hold Woodside (ASX:WDS), Santos (ASX:STO) and Beach Energy (ASX:BPT)?
Thursday was a rough day if you owned ASX energy stocks given oil crashed 15%. Woodside (ASX:WDS) fell more than 10%. Santos (ASX:STO) dropped 6%. Beach Energy (ASX:BPT) slid 7%. The rest of the ASX actually rallied on the same day, making energy the one sector left bleeding. And it was all because Trump announced a…
Iran oil shock
Tamboran Resources (ASX:TBN) Drops 17% on US$198M Capital Raise- Dilution Pain or Buying Opportunity?
Tamboran falls on a major capital raise Tamboran Resources (ASX:TBN) fell around 17% yesterday after announcing a major capital raise priced at A$0.25 per CDI, roughly 22% below the previous close of A$0.32. For shareholders watching their holding drop overnight, the reaction is understandable. But here is the thing: this selloff was not caused by…
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