Archives

It has been almost three weeks since the US got a new president-elect – Democrat Joe Biden. The whole world has followed the elections closely, as a new American president means a big deal for everyone, on various fronts – stock markets...

• November 24, 2020 11:07 PM AEDT
• Edita Ivancevic

Winter is coming to the northern hemisphere. Usually, individuals get quite excited around the holidays. However, this year Christmas and New Year might not bring the same amount of joy as they used to. Even after the coronavirus’s first bir...

• November 24, 2020 09:03 PM AEDT
• Edita Ivancevic

On 24th November 2020, the benchmark index S&P/ASX200 witnessed an intraday gain of 82.50 points to 6644.10. The energy sector rose by 3.36% and academic & educational services sector increased by 2.51%. Sector Summary (Source: Refinitiv&n...

• November 24, 2020 07:52 PM AEDT
• Team Kalkine

Electric cars are gaining popularity with each passing year, especially now as more people intend to go green due to climate change. When manufacturers first started producing electric vehicles, their prices were almost sky high. The best example ...

• November 24, 2020 06:28 PM AEDT
• Edita Ivancevic

Summary The Australian government announced a significant breakthrough to start the rollout of a potential COVID-19 vaccine by March next year. The government said immunisations for healthcare workers would commence in March 2021 followed by th...

• November 24, 2020 05:31 PM AEDT
• Hina Chowdhary

Summary Avenira enjoys a dual commodity opportunity and pursues the Jundee South gold project in Western Australia and Wonarah phosphate project in Northern Territory. The company envisions to emerge as a gold producer and potentially a producer...

• November 24, 2020 04:56 PM AEDT
• Kunal Sawhney

In the backdrop of easing COVID-19 restrictions in Victoria, Australia’s Melbourne Airport is encouraging travellers to opt for air travel and make plans for their next trip. The airport, in partnership with Qantas (ASX:QAN), Jetstar, Virgin ...

• November 24, 2020 04:38 PM AEDT
• Team Kalkine

Summary TechnologyOne Limited announced it FY2020 results today with strong growth of 32% in SaaS revenue. Underlying profit grew 13% driven by the ongoing fast growth of the TechnologyOne Global SaaS ERP solution. TNE announced a total dividen...

• November 24, 2020 03:34 PM AEDT
• Hina Chowdhary

DHL Express unveiled its first nonstop air freight flight from Melbourne city to Auckland. The move has been taken to accommodate the boom in e-commerce market propelled by COVID-19 and constant increase in Victorian exports to the Tasman. The air...

• November 24, 2020 03:28 PM AEDT
• Team Kalkine

Summary ASX-listed biopharmaceutical company Telix Pharmaceuticals has received the FDA green light for its TLX591-CDx kit NDA. The biopharmaceutical company also added a priority review request in the NDA submission with the result anticipated...

• November 24, 2020 03:17 PM AEDT
• Team Kalkine

Summary Imugene Limited (ASX:IMU) has recently shared promising interim data from its continuing Phase 2 trial of HER-Vaxx. The interim analysis results demonstrated that twice as many patients survived on the HER-Vaxx plus SOC chemotherapy gro...

• November 24, 2020 03:11 PM AEDT
• Kunal Sawhney

Summary National Stock Exchange of Australia (NSXA), has finally launched its Trade Acceptance Service (TAS), initially with ten brokers. The mirrored transactional data via TAS will be written to both CHESS and DESS DESS is a new Distributed ...

• November 24, 2020 02:48 PM AEDT
• Team Kalkine

Catapult Group International Ltd (ASX:CAT) has announced the acquisition of a sports content platform. Science for Sport, a profitable subscription online sports learning platform, has developed into a leading source of content, community engagemen...

• November 24, 2020 02:10 PM AEDT
• Hina Chowdhary

Summary Qantas airline plans on making COVID-19 vaccine mandatory for international travellers. The airline is also thinking of making it compulsory for domestic flights. Qantas share price has risen on the news about border opening of states....

• November 24, 2020 02:06 PM AEDT
• Kunal Sawhney

ASX-listed lithium and gold explorer – Nova Minerals Limited (ASX:NVA) reached an all-time high of $0.235 (as on 19 November 2020) with the stock trading at high levels before going into a trading halt on 23 November 2020. The miner kicked-off...

• November 24, 2020 02:00 PM AEDT
• Team Kalkine

Following payment default from a state-backed coal miner, China’s market regulator, Financial Stability and Development Committee (FSDC) has intensified its investigation into bond sales. The default dragged in several banks, accounting firms...

• November 24, 2020 01:46 PM AEDT
• Team Kalkine

ASX-listed infant formula, baby food, and vitamins company – Bubs Australia Limited (ASX:BUB) has opened 0.07 per cent up against its previous close on the exchange. The company recently concluded its Annual General Meeting for FY2020. Taking ...

• November 24, 2020 01:37 PM AEDT
• Team Kalkine

ASX-listed oncology drug developer Race Oncology Limited (ASX:RAC) today updated the market with its impressive results from the preclinical study of Bisantrene in breast cancer. The study results demonstrate that Bisantrene can kill some breast canc...

• November 24, 2020 12:48 PM AEDT
• Hina Chowdhary

NRW Holdings Limited (ASX:NWH) has announced a takeover offer for Primero Group Limited (ASX:PGX). The transaction values Primero Group at $0.55 per share or ~$100 million, based on the closing price of 23 November 2020.  NRW Holdings is offe...

• November 24, 2020 12:42 PM AEDT
• Team Kalkine

The ASX-listed mineral explorer, Ionic Rare Earths Limited (ASX:IXR), has shared the assay results from the Phase-2 drilling on its 51% owned Makuutu Rare Earths Project in Uganda. The tranche 4 drilling results are highly encouraging and confirm t...

• November 24, 2020 11:57 AM AEDT
• Hina Chowdhary

Summary BlackEarth Minerals completed a reconnaissance exploration program involving geochemical sampling, a first-pass geological mapping as well as availability of public access roads. The initial field program has confirmed the presence of u...

• November 24, 2020 11:38 AM AEDT
• Kunal Sawhney

Oro-mucosal drug delivery leader based in Australia, SUDA Pharmaceuticals Limited (ASX:SUD), has published its Investor Presentation – November 2020 on the ASX. SUDA’s Managing Director and CEO, Dr Michael Baker, presented a new present...

• November 24, 2020 11:26 AM AEDT
• Team Kalkine

In FY20, Surefire Resources NL (ASX:SRN) had been reviewing and appraising numerous new project opportunities across several target commodities. Subsequently in August 2020, the Company acquired high-grade gold tenements in the Yidby and Perenjori ...

• November 24, 2020 11:23 AM AEDT
• Hina Chowdhary

Summary Surefire Resources NL (ASX:SRN) has secured the grant of a 69km2 tenement - E70/5311 – in the Perenjori Project area. The Company has also applied for a further 557km2 exploration licence over additional six tenements, pending app...

• November 24, 2020 11:19 AM AEDT
• Kunal Sawhney

ASX-listed gold explorer Matador Mining Limited (ASX:MZZ) has been focusing on the strategy to discover enough mineral resource to support the proposed production rates of ~100,000 ounces gold a year over the initial 10 years of life of mine at the...

• November 24, 2020 11:12 AM AEDT
• Team Kalkine

Digital remittance industry has been growing and is expected to grow even more in years ahead. The rising smartphone and internet usage, increasing digital-savvy customers going for digital remittances and an increase in payment automation and digi...

• November 24, 2020 08:03 AM AEDT
• Team Kalkine

New South Wales (NSW) has recently unveiled its electricity infrastructure roadmap, designed to shift the energy system towards renewable energy from coal. Moreover, the state government plans to lure renewable infrastructure and related private in...

• November 24, 2020 12:05 AM AEDT
• Hina Chowdhary