$69 postpage LB

2 Stocks moving on opposite sides of the ASX ladder – DCC, ALX

  • September 18, 2018 05:49 AM AEST
  • Team Kalkine
2 Stocks moving on opposite sides of the ASX ladder – DCC, ALX

Digitalx Ltd received funding commitment from First Growth Funds Limited

Gold MTF non-AMP

ICO platform development and funding commitment: Digitalx Ltd.’s (ASX: DCC) stock fell 1% on September 18, 2018 after the company’s Initial Coin Offering (ICO) issuance platform, FutureICO, which is being developed in a joint venture has received a funding commitment from First Growth Funds Limited. The platform provides a seamless way for ICO applicants and ICO issuers to interact under a compliant framework. FutureICO leverages the key expertise of the three groups, namely Blockchain development, cryptoasset security and knowledge of cryptoasset compliance. Moreover, FutureICO and the joint venture parties have signed a binding terms sheet with First Growth, according to which First Growth will subscribe for 25% of the equity in FutureICO, to the value of US$285,000. First Growth will have the right to appoint a nominee to the board of FutureICO. After the subscription, the capital structure of FutureICO will be approximately DigitalX (34%), Blockchain Global Limited (34%), Big Start Pty Ltd (7%) and First Growth (25%). Meanwhile, DCC stock has risen 11.11% in three months as on September 17, 2018 and is trading at a P/E of 12.05x. The stock has been lately impacted by volatile movement in cryptocurrency space. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]

Atlas Arteria Announces Dividend for Second-half of 2018

Declared the Dividend: Atlas Arteria Group (ASX: ALX), earlier known as Macquarie Atlas Roads (MQA), saw its stock price rise by about 0.5% on September 18, 2018 after the company for the second-half of 2018 announced a distribution of 12.0 Australian cents per stapled security (cps). The distribution will be paid in full by ALX and the distribution includes a capital return of 11.3 cps and an unfranked dividend of 0.7 cps. Meanwhile, ALX stock has risen 8.11% in three months as on September 17, 2018.

12345678.png Dividend for Second Half 2018 (Source: Company Reports)

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

 

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK