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Musgrave Minerals (ASX:MGV) hits bonanza gold grades, shares rise over 10%
August 02, 2022 01:01 PM AEST| By Mohammad ZaidHighlights,MGV announced high-grade gold assay results from RC and diamond drilling along the Break of Day Trend.,Post the update on the ASX, shares of Musgrave Minerals (ASX:MGV) were up by ~11.5% during trading on Tuesday.,MGV is continuing to enha...
From GRR, RIO to OFX: Take a look at ASX All Ordinaries with high ROE
August 02, 2022 12:53 PM AEST| By Aditi SarkarGRR, BLX, RIO, IEL, CDA, RMC, AMI, PWH, SNL, and OFX are some stocks from ASX All Ordinaries with a decent ROE demonstrating consistent growth.
CSL’s (ASX:CSL) Vifor Pharma acquisition nearing completion; here are details
August 02, 2022 12:49 PM AEST| By Aditi SarkarHighlights,CSL has completed the final stage of the acquisition of Vifor Pharma with all necessary regulatory clearances secured.,Upon the transaction completion, CSL expects to hold over 97% of Vifor shares.,The acquisition of Vifor is expected to o...
Choosing the Right Cryptocurrency to Invest in
August 02, 2022 11:59 AM AEST| By Peter Klark (Guest)Recently, cryptocurrencies have proven as viable option for financial investments, and is understandably becoming more and more popular. Surveys by PEW Research Center show that a staggering sixteen percent of Americans admit to having invested in cr...
IOUpay’s (ASX:IOU) June quarter sees major partnerships, product launches and upgraded BNPL offering
August 02, 2022 11:36 AM AEST| By Mohammad ZaidHighlights,IOUpay Limited (ASX:IOU) has witnessed three successive quarters of positive effective operating cashflow.,The quarter saw a spike in new sign ups, onboarding, and activation of merchant outlets.,Strong customer downloads and onboarding co...
SEC calls Forsage “crypto fraud” and “Ponzi”: Will Forsage continue?
August 02, 2022 11:18 AM AEST| By Ankit SethiThe SEC’s press release mentions a total of 11 individuals who have been charged for running the alleged Forsage fraud. Out of them, four are founders and a few are US-based promoters.
ASX 200 falls ahead of RBA meet; Appen, Credit Corp top losers
August 02, 2022 10:43 AM AEST| By AshishThe Australian share market opened lower on Tuesday, ahead of Reserve Bank of Australia’s (RBA) interest rate decision meeting
Three points investors should note as ASX earnings season begins
August 02, 2022 09:09 AM AEST| By AshishAugust and February are two important months for stock market investors as companies announce their earnings
ASX 200 to fall ahead of RBA’s policy meet
August 02, 2022 08:02 AM AEST| By AshishThe Australian share market is likely to open lower on Tuesday ahead of Reserve Bank of Australia’s (RBA) monetary policy meeting
Numeraire (NMR) crypto dips over 25%. Here’s why
August 01, 2022 10:37 PM AEST| By Manu ShankarBacked by the Ethereum blockchain network, the NMR crypto was witnessing a loss of over 25.48% at 6:40 AM, according to CoinMarketCap.
ASX 200 extends gains amid broad-based buying; utilities, energy outperform
August 01, 2022 04:36 PM AEST| By Bhawna GuptaIn anticipation of tomorrow's Reserve Bank meeting, which is anticipated to result in an increase in official rates of at least 50 basis points, the ASX 200 extended its winning streak from last week.
Skin Elements’ (ASX: SKN) June quarter focused on SuprCuvr product expansion
August 01, 2022 03:47 PM AEST| By Aditi SarkarHighlights,Skin Elements’ (ASX: SKN) June quarter was focused on business development activites,During the quarter, SKN made progress regarding distribution agreements and product expansion of SuprCuvr,The company’s Soleo Organics Sunscreen witnessed...
Who is Ellis Pinsky, the so-called ‘teenage crypto kingpin’?
August 01, 2022 03:37 PM AEST| By Ankit SethiPinsky’s hacking episode is one of many such events that have rocked the world of digital currencies based on the blockchain tech.
Alchemy Resources (ASX:ALY) continues to uncover lithium potential at Karonie
August 01, 2022 03:32 PM AEST| By Nitish KumarHighlights,Alchemy has received encouraging results from multi-element rock chip sampling over the Karonie Project.,The results delivered highly elevated pathfinder element anomalism over the target area.,Highly anomalous trends have been identified...
IPO corner: ASX listings scheduled in August's first two weeks
August 01, 2022 02:37 PM AEST| By AshishEven as Australia’s initial public offering (IPO) market began the year 2022 on a strong note, the broader share market downturn negatively impacted investor sentiment
Cyprium Metals (ASX:CYM) reports robust June quarter progress
August 01, 2022 02:24 PM AEST| By Mohammad ZaidHighlights,During the June quarter, Cyprium Metals (ASX:CYM) reported an increase in MRE for the Nifty Copper Project and advanced well to secure finance for construction.,The Nifty Copper Project Mineral Resource Estimate increased to 940,200t conta...
Record revenue marks Calima Energy’s (ASX:CE1) June quarter
August 01, 2022 01:37 PM AEST| By Nitish KumarHighlights,Calima Energy registered a revenue of over AU$37 million and a free cash flow of AU$3.7 million during the June quarter.,The quarter saw an average daily production of 3,839 boe/d.,CE1 announced a dividend distribution of AU$2.5 million.,C...
NFT corner: How are LuluLand and Alien Secret Society NFTs faring?
August 01, 2022 01:33 PM AEST| By Ankit SethiLuluLand World NFTs were released in May 2022, but the collection could not make an impact like Beeple’s or Pak’s artworks.
Altech Chemicals (ASX:ATC) rounds off June quarter with exciting PFS numbers
August 01, 2022 01:00 PM AEST| By Nitish KumarThe June quarter was full of action for,Altech Chemicals Limited (,ASX:ATC,|,FRA:A3Y,),as the battery anode material manufacturer made significant developments at its proposed manufacturing unit in Germany.,Altech is in the process of setting up a,10...
Westpac (ASX:WBC) sells Life Insurance business to TAL Dai-ichi
August 01, 2022 11:45 AM AEST| By Khushboo JoshiWestpac (ASX:WBC) sells Life Insurance business to TAL Dai-ichi. The transaction cost is AU$900 million. Westpac is likely to report a total after tax loss of AU$1.37 billion post this sale.
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