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Stock market
Mesoblast Soars 10% on ASX, US FDA Set To Review Remestemcel-L Data
July 21, 2020 09:40 PM AEST| By Kunal SawhneyThe world leader in developing allogeneic cellular medicines, Mesoblast Limited (ASX: MSB) appears all in rage amongst the investors with the announcement of review date scheduled by the US Food and Drug Administration (FDA) advisory committee for .....
Stock under the Spotlight: Ardent Leisure Penalised Over Dreamworld Deaths
July 21, 2020 08:56 PM AEST| By Hina ChowdharySummary 2016’s Dreamworld Thunder River Rapid ride incident was one of the worst tragedies in Australia, which took the lives of four people. Coroner James McDougall’s recommendation report found lags on the operational front and re.....
Real Energy and Strata-X Energy Host Joint Webinar Underscoring Pure Energy
July 21, 2020 08:13 PM AEST| By Team Kalkine MediaAustralian east coast focused gas company, Real Energy Limited (ASX:RLE) has acknowledged that hydrogen economy is a vital concept for contemporary energy companies, and that zero emissions hydrogen is the future of transportation fuels. Moreover, .....
Stocks Under Discussion: WSP, HUB, TYR, CAT
July 21, 2020 04:12 PM AEST| By Team Kalkine MediaSummary Market sentiments are uplifted with wage subsidy extension under two-tier structure, though payments are reduced for JobKeeper and JobSeeker support to ensure they do not act as “disincentives”. Besides momentum seen across .....
Investors Lap Up Dark Horse SPP, Company to Raise $1.5Mn and Honour All Applications
July 21, 2020 12:46 PM AEST| By Team Kalkine MediaAustralian exploration company, Dark Horse Resources (ASX:DHR) has announced the outcomes of its recently closed Share Purchase Plan (SPP). Moreover, the Company has updated that Permit Purchase Agreement (PPA) with the vendor, Sotkamo Silver AB to.....
Nyrada’s Brain Injury Drug Candidates Delivered via Preferred Administration Route
July 21, 2020 11:41 AM AEST| By Team Kalkine MediaAustralian-listed preclinical stage drug discoverer and developer, Nyrada Inc. (ASX: NYR) has received a significant boost to its brain injury program, with two of its drug candidates, NYX-242 and NYX-1010, being successfully delivered by the prefe.....
Businesses getting rid of non-core assets: Car leasing player Eclipx dumps Right2Drive
July 20, 2020 10:03 PM AEST| By Kunal SawhneySummary The coronavirus pandemic has hurt countless companies and forced them to rethink on their business strategies and restructuring plans. Amid shrinking demand, stalling of operational activities, and growing uncertainties, several compani.....
Augusta Charting Out Plan Around Centuria Capital Takeover
July 20, 2020 02:03 PM AEST| By Team Kalkine MediaSummary Centuria Capital’s second acquisition bid offers half the price to acquire shares in Augusta Capital. Centuria expects to provide ''a much larger, high quality and highly complementary Trans-Tasman real estate platform.....
Bear Market Brain Game-Do Markets Affect Your Brain While Jolting Your Pockets?
July 18, 2020 03:27 AM AEST| By Hina ChowdharyThe great Charlie Munger believes that many with high IQs are dreadful investors as they demonstrate terrible temperaments. One needs to keep irrational, raw emotion well under control to thrive in a stock market. The dynamic stock market goes th.....
Cann Group announces placement with a heavily discounted issue price; stock slides ~12%
July 17, 2020 09:11 PM AEST| By Kunal SawhneyThe Australian cannabis industry has been affected by the recent happenings around the globe, just like other industries. However, the industry was in a much better position than some of the others, including the airline and hospitality industries......
Integrated Research under the Microscope: Tech player predicts record revenue, PAT in FY20
July 17, 2020 08:22 PM AEST| By Team Kalkine MediaSummary ASX-listed technology player Integrated Research Limited was under the spotlight today as it announced its expected results for FY20 – best-ever revenue and profit after tax numbers predicted by the Company. IRI’s market rel.....
King River to Kick Off Exploration Programme at High-Grade Gold Projects Next Month
July 16, 2020 08:21 PM AEST| By Team Kalkine MediaSummary King River Resources is set to commence its 2020 exploration programmes next month, targeting gold-related projects including Mt Remarkable Project and Treasure Creek Project. KRR amid the COVID-19 restrictions advanced the completion o.....
Eclipse Metals to Commence Ground Exploration on Devil's Elbow U-Au-Pd Project Next Week
July 16, 2020 06:21 PM AEST| By Team Kalkine MediaSummary Eclipse Metals is set to commence a preliminary field exploration program on Devil’s Elbow U-Au-Pd Project in the upcoming week beginning on 20 July 2020. Being the first geological and exploration program over the project since 2.....
A look at Neobanks and tale of this Self-Styled Neo-lender, Wisr
July 16, 2020 04:43 PM AEST| By Team Kalkine MediaSummary COVID-induced crisis has ushered in an era of digitalization across banking, health, property and other industries. Neobank players entered the Australian market after a change in legislation in 2018. Banking and the fintech industry a.....
Can all BNPL Players take it to the next level- OPY, FXL, SPT
July 15, 2020 09:59 PM AEST| By Kunal SawhneySummary Of late, BNPL usage has been on the rise especially in the US and Australia, with increased popularity amongst younger consumers. Openpay achieved record growth in active merchants, customers, and active plans in Q4FY20, while Splitit w.....
Shedding light on tech and consumer discretionary stocks – MMM, OCL, ELO, KGN
July 15, 2020 08:06 PM AEST| By Kunal SawhneySummary As digital capabilities are improving and connectivity is becoming omnipresent, technology is radically changing nearly every sector of the nation’s economy. While ELO’s latest robust balance sheet depicts the Company is wel.....
Another String to Imugene’s Bow - Attains Ethics Approval for Initiation of PD1-Vaxx’ Phase 1 Clinical Trial
July 15, 2020 03:19 PM AEST| By Team Kalkine MediaAustralian clinical stage immuno-oncology firm, Imugene Limited (ASX:IMU) has attained a significant milestone with the receipt of ethics approval for Phase I clinical trial of anti-cancer immunotherapy, PD1-Vaxx. PD1-Vaxx is Imugene’s B-cel.....
Horizon Minerals Ltd Channelised towards Gold Exploration, Divests Nanadie Well Copper Project
July 15, 2020 12:52 PM AEST| By Team Kalkine MediaSummary Horizon Minerals entered into an agreement with Cyprium Metals for divesting 100% Nanadie Well Copper Project for $1.5 million in cash and shares. HRZ is focused on advancing its gold-centric exploration, fixated on developing a stand-a.....
Renascor Shining as Purification Tests Confirm Siviour Potential for Eco-Friendly, Low-Cost Battery-Grade PSG
July 15, 2020 11:42 AM AEST| By Team Kalkine MediaThe unapparelled exploration journey of Renascor Resources Ltd (ASX: RNU) appears further to strengthen the viability of Siviour Graphite Project, piggybacking on the latest tests undertaken by German graphite specialist ProGraphite GmbH, holding e.....
Day Gains: 4 Small-Cap Players that Investors are Looking at – MXC, NSB, NVU, BGT
July 14, 2020 10:34 PM AEST| By Team Kalkine MediaSummary MGC Pharmaceuticals received a cannabis research cultivation permit, allowing the company to continue botanical research projects with RMIT University for anticancer treatments. Preliminary study results highlight that NeuroScientific B.....
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