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News
Investors Are Bailing Out Of Gold Miner Gascoyne Resources
October 30, 2018 03:06 AM AEDT| By Team Kalkine MediaAfter the appointment of new chairman, there was an update that the managing director who served the organization for a very long period has departed suddenly the last week. Ian Murray, who joined the company this month as a non-executive chairman ha...
Aussie Pot Stocks Are Medical Cannabis ‘First-Movers’ – But The Competition Is Tough
October 29, 2018 01:54 PM AEDT| By Team Kalkine MediaExperts speaking at a major cannabis conference say, âAs exporters of medical cannabis products and drugs, there are big opportunities for Australian pot stocks, but global competition will be toughâ, in Sydney this week. COO Gar...
RotoGro Acquires Canadian Cannabis Processor, Supra THC Services
October 29, 2018 01:44 PM AEDT| By Team Kalkine MediaRotoGro shares crashed 6% as they got lifted from suspension following the release of acquisition announcement. It last traded at $0.470 today, i.e. 29 October 2018. RotoGro International Limited (ASX: RGI) today announced the acquisition of license...
The Stock Price Of Mach7 Showed An Increase After Winning A $15 Million Contract In Hong Kong
October 29, 2018 01:34 PM AEDT| By Team Kalkine MediaThe stock price of Mach7 (ASX: M7T) showed an increase after winning a $15 million contract in Hong Kong. On October 29, 2018, the company made an announcement that it has been selected to provide its Enterprise Imaging Solution for the entire territ...
4 Small-Caps On The Rise - WTP, MGV, ANP and POW
October 29, 2018 01:29 PM AEDT| By Team Kalkine MediaEven after the negative sentiments driven from the west the Australian stock exchange closed the day 1.1 percent up while the small ordinaries were still struggling, and the index was down 0.15 percent to 2,541 at mid-day. Some of the small-cap stock...
Shares Drop As LNG Delays Magnolia Project
October 29, 2018 01:23 PM AEDT| By Team Kalkine MediaLNG plant as it has run into problems lining up Chinese customers due to the US-China trade war, ASX-listed LNG said on Monday it is delaying a final decision on whether to build its US-based Magnolia LNG plant. LNG shares closed down 23 per cent at...
Gold: Is It Still Sailing High?
October 29, 2018 01:12 PM AEDT| By Team Kalkine MediaGeopolitical concerns along with US-Saudi tensions impacted global equities and sell off was well seen in the markets. Owing to highly volatile condition in the market, investors are once again switching towards Gold, which has always been recommende...
Capio Shareholders Have Given A Green Card To $1.3 Billion Acquisition Bid From Ramsay
October 29, 2018 01:07 PM AEDT| By Team Kalkine MediaDespite struggling through the weaker financial performance Ramsay Health Care Limited ?(ASX: RHC) got a heads up to the acquisition of Sweden based healthcare group Capio AB. In today?s announcement to Australian Securities Exchange, Ramsay Health...
The Upside Rally For Iron Ore!
October 29, 2018 09:43 AM AEDT| By Team Kalkine MediaSupported by strong demand for the steel making raw material Chinese iron ore futures showed 2% upside rally on Monday, which was recorded as the highest in almost last eight months. According to the data released by the Steel Home consultancy, Iron...
Resolute Adds To US$ Gold Hedges 30,000 Ounces Forward Sold At US$1,250/Oz To Mitigate Risk Of US$ Revenues From Syama Gold Mine
October 29, 2018 09:33 AM AEDT| By Team Kalkine MediaResolute Mining Limited (Resolute or the Company) (ASX: RSG) made an announcement regarding the agreement to forward sell an additional 30,000 ounces of gold scheduled to deliver on a monthly basis from the January 2019 to June 2019 at an average pri...
What's Going On With Some ASX Small Caps?
October 29, 2018 09:17 AM AEDT| By Team Kalkine MediaMajorly all Australian market indices were trading into positive territory this morning, ignoring a negative move from the US. The Dow Jones was down by more than 1% or more than 300 points over the weekend while the NASDAQ and S&P were down by 5...
Explaurum Limited’ Shares Decline After Receiving Green light from the board for Strategic Alliance with Alkane Resources.
October 29, 2018 09:08 AM AEDT| By Team Kalkine MediaOn 29 October 2018, Explaurum Limited (ASX: EXU) announced that Alkane Resources Ltd (ASX: ALK)? has agreed to make a strategic investment in Explaurum, subject to Explaurum shareholder approval. The Directors of Explaurum Limited have unanimously re...
Market Update: Technology Stocks Impacted Broader Markets In The Past Week
October 29, 2018 09:00 AM AEDT| By Team Kalkine MediaThe past week can be regarded as the worst nightmare for the market participants as the global markets witnessed significant downtrend. The Dow Jones Industrial Average did not spare investors even on the last trading day as the index settled at 24,6...
Who Would Your Broker Call First When It Needed To Raise Money – Is It The Power Players?
October 29, 2018 08:56 AM AEDT| By Team Kalkine MediaColonial or BT Investment Management, Perpetual over the past decade were typically the first names on any database, when a broker needed to raise money. Since the introduction of compulsory superannuation in 1992, in one of the largest shifts in pow...
Charter Hall Group Bought A 24 Storey Building For $140 Million
October 29, 2018 08:01 AM AEDT| By Team Kalkine MediaCharter Hall Group (ASX: CHC) has bought a 24 storey building for $140 million from Singapore billionaire Koh Wee Meng. The building was initially purchased by Koh Wee Meng's Frangrance Group in the year 2014 for $78 million and it is major corner of...
Beach Energy’s Quarter Revenue Hit More Than Half-a-Billion Dollars
October 29, 2018 07:22 AM AEDT| By Team Kalkine MediaBeach Energy (ASX: BPT) held its flag high with $514 million revenue at the end of its first quarter of Fiscal 2019. The group has delivered a strong production performance recording a qoq increase of 7% to 7.8 MMboe underpinned by improved facility...
From the Chairman of Wilson Asset Management: Is the Bull market Over?
October 29, 2018 07:10 AM AEDT| By Team Kalkine MediaCentral banks have driven an extraordinary level of liquidity into the economic system, in the last decade driving asset valuations to extremes and dropping interest rates to record levels. The 2018 calendar year gains in the US has been wiped out by...
African Underground Mining Services (AUMS) – Award of US$375 Million Contract at AngloGold Ashanti’s Obuasi Project
October 29, 2018 07:04 AM AEDT| By Team Kalkine MediaAfrican Underground Mining Services (AUMS) project is a 50:50 joint venture between Ausdrill Limited (ASX: ASL) and Barminco Holdings Pty Limited (?Barminco?). The group is happy to announce the award of a US$375 million underground mining services c...
PharmAust To Increase Production of Monepantel: What You Should Know
October 29, 2018 06:39 AM AEDT| By Team Kalkine MediaPharmAust Limited (ASX: PAA) is all set to increase the development of the drug candidate named ?Monepantel? which is applicable to the pets and humans. In the present scenario, Monepantel is being marketed as well as registered as a drug which could...
As BESIX Says It Now Wants All Of The Contractor Watpac Shares Rocketed High
October 29, 2018 06:09 AM AEDT| By Team Kalkine MediaAnother generous unconditional off-market takeover bid, for Australian contractor Watpac this time for the whole company, global contractor BESIX Group has made. To the last closing price of 66c per share, the offer price of 92c per share is a 40.5 p...
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