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…
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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…
The big question on many investors' minds this week is why is Gina Rinehart buying into Lynas Rare Earths (ASX:LYC)? A substantial notice lodged with the ASX last Tuesday (April 16) shows that she now owns 5.82% of Lynas Rare Earths, in a stake worth over $300m with over 54m shares at over $6 each.
It…
When will coal be phased out in Australia? It is inevitable that coal's days are numbered, although the Russia-Ukraine war temporarily led to a new boom in the market given high prices. And Australia still has 21 gigawatts of energy produced by coal annually.
On a production basis, Australian hard coal production grew from 348Mt to…
Woolworths shares may at first glance appear to be one of the most risk-free investments on the ASX. It has a duopoly with Coles, makes multi-billion profits, and is a reliant dividend payer. Few other businesses were allowed to continue to operate with little to no disruption other than mandated PPE during COVID-19 lockdowns. But...that…
Last week, the government introduced changes Australian merger and acquisition laws not seen in nearly 5 decades. The ACCC had long expressed that existing laws were not sufficient, allowing deals to go ahead that would worsen the state of competition - an eventuality the laws were meant to prevent.
But what changes are being made? And…
The transformation of GameStop Corp. (GME) into a "meme stock" is a fascinating event. It underscores the power of collective retail investor action in the financial markets and its exemplification through social media. It was the first, but was by no means the last.
Who is GameStop?
GameStop Corp. is a video game, consumer electronics, and…
Woolworths and Coles shares are facing regulatory scrutiny like no other companies are right now. After months of allegations that the pair were price gouging, economist and former government minister Craig Emerson ran an independent review into the Food and Grocery Code of Conduct.
While the worst fears of the supermarkets weren't endorsed, there is more…
This morning, investors heard the news that Westgold is merging with Karora Resources, a TSX-listed gold miner. The deal will create a A$2.2bn company with assets capable of producing over 400koz per annum and a A$160m cash balance. And the new company will be dual-listed. But let's take a closer look at the details.
Introduction to…
Can foreigners invest in ASX shares? The simple answer is yes, although it isn't as simple for them as it would be for local investors.
Can foreigners invest in ASX shares?
Again they can. Obviously this is a different question to whether they should from their perspective. And it will be different for a foreign retail…
