Humble beginnings
The resources industry in Australia attracts people with a diverse array of backgrounds, and David Wilson, Managing Director of Transition Resources, is no exception. With an early aptitude for oil painting and despite finding his first ounce of gold as a 12-year-old panning with a rubbish bin lid just 20 kilometres from the…
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5 ASX Health Stocks
Stuart Roberts from Stocks Down Under discussed the potential promise of biotech, sharing his perspectives about the industry's future amidst changing interest rates. He compares the current market situation to 1994 when the introduction of interest rate tightenings led to bear markets for many pre-revenue stocks. However, despite ongoing mildly bearish…
ASX resources juniors live and die by many things, but project location is one of them. The majority have projects in Australia, the Americas (North and South) as well as Africa. But then there's a minority of companies with projects elsewhere, and we'd like to recap some of them with projects in unusual locations.
We would…
Let's take a look at who nominee shareholders are. Have you ever seen a substantial shareholder notice lodged with your stock, seeing the heading 'Becoming a substantial holder from JP Morgan/HSBC/Morgan Stanley/CBA' and thinking that actual bank has bought into your stock? Is this really the case? Yes and no.
What are nominee shareholders?
Nominee shareholders…
The RBA is worried about the ASX. It all but confirmed that in its latest bulletin, released last week. The bank regularly provides its insights into the Australian economy and financial system in this publication. Much of the focus was on the impact of its tightening in monetary policy (in other words, the rapid increase…
Buying Netflix shares from Australia may seem like a no brainer. It has recorded exponential growth since its famous pivot from DVD rental to streaming, now boasting over 250 million memberships around the world and a content library other streaming platforms can only dream of. Yes, there were concerns about it losing revenue due to…
It is ASX quarterlies season in the dying days of January, April, July and October, and we are just upon that season again. Here's a guide to investors as to what they are and what they should be looking for.
What are ASX quarterlies?
ASX quarterlies refer to the quarterly financial reports that companies listed on…
We're nearly at that time of year when companies upgrade or downgrade their FY24 guidance. It is called 'confession season'. Why now? Because it is close to the end of the financial year, but also right before one of the most major equities conferences in Australia, run by Macquarie in early May.
A downgrade to guidance…
Tigers Realm Coal (ASX:TIG) has been one of the few ASX stocks (if not the only ASX stock) with direct exposure to Russia, through coking coal operations in Siberia. The company has its principal office in Moscow, but a registered Australian office in the Melbourne suburb of Collingwood.
After listing in 2011 with a $37.5m market…
Is Australia still set for a soft landing? For some months now, it was thought the answer was a firm yes. Some thought we were there already.
But this week, there is less uncertainty as to this question, specifically in light of US retail sales growth figures released earlier this week. The impact of the Stage…
