When will we see hydrogen in Australia? Not as a fad, not as an idea, but as a widespread energy source as we are all being told it will be? It will be several years away, and it is anyone's guess. Nonetheless, you have to start from somewhere, and there will be billions of dollars…
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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…
There aren't many ASX biotech stocks in Phase 3, and even fewer with successful interim data, but Dimerix (ASX:DXB) is one such company. Although it has some way to go in the trial, results released last month were encouraging and bode well for its eventual commercialisation. The company's shares have re-rated since the results, yet…
