ASX

Few companies represent the last two years of movement in stockmarkets better than Ark Invest. Under the leadership of Cathie Wood, the group went from close to zero, to hero amid the pandemic, only to be sold down heavily in the current tech selloff. Their approach is simple, take a very-long term view on the…

Homegrown medical device company Resmed Inc (ASX: RMD) has updated the market with its second-quarter results, boosting profit 12% year on year. The market has largely not reacted to today’s update, with the Resmed share price up just 0.70% to $31.18. Resmed provides new solutions and technologies to treat sleep apnea, chronic obstructive pulmonary disease (COPD) and other…

I think this ASX share market decline is a good opportunity to buy some leading stocks at much cheaper prices. Share prices do fall from time to time. But it’s rare for most businesses to see a decline all at the same time. In other words, the share market can be a good time to buy…

Blockchain is probably the biggest trend of this era. It’s hot right now and its exciting. Blockchain is the technology that underpins all cryptocurrency. It’s the digitally distributed, decentralised, public ledger that exists across a network. But Blockchain is no longer only relevant to cryptocurrency and can be used across a number of services. These…

Australia The Delta lockdowns in NSW and Victoria weren’t anywhere near as bad as expected for the economy, which fell by just 1.9 per cent in the September quarter, gaining 3.9 per cent over the year. Of greater concern was a significant fall in the iron ore price as China ramped-up pressure on its most-polluting…

Block (ASX:SQ2), the purchaser of Afterpay, has finally landed on the ASX. The shares (actually CHESS depositary instruments, or CDIs) started trading last Friday on a deferred settlement basis. This is the endgame of the process that began last August, when Block (then named Square, Inc.) and Afterpay announced the agreed takeover of Afterpay by…

Australia’s very own home-grown semiconductor company, BrainChip Holdings (ASX:BRN), has more than doubled in price in 2022 so far, as investors lap-up news including that of a new US patent, the eighth patent the company has secured since 2008.  BrainChip bills itself as the world’s first and only commercial producer of neuromorphic artificial intelligence chips….

The Wesfarmers Ltd (ASX: WES) share price has fallen to around a six-month low. Is it now too cheap to ignore?  Is the Wesfarmers share price an opportunity?  One of the strategies that some investors like to use is “buy the dip.” It obviously makes sense that a lower price is more attractive than a higher price.  We don’t…

To say the last quarter of 2021 was eventful would be an understatement. Quality continues to pay off for patient investors, as does traditional ‘value’ seeking behaviour. In this article, we provide a short update on some of the ASX’s most popular stocks. ANZ – Fourth largest bank, institutional banking focus 1.4% 30.8% ANZ underperformed…

Everyone involved in the share market understands – or should understand – that pricing an initial public offering (IPO) is not an easy task. The underwriters or lead managers are trying to ascertain what the market will pay: they will test the marketability of the company by discreetly querying major investors on how much they…

The Crown Resorts (ASX:CWN) board has announced its intention to accept the “revised non-binding proposal from Blackstone to acquire all of its shares by way of a scheme of arrangement at $13.10 cash per share. It’s been a long-running saga, with this the fourth bid from Blackstone, whose previous offers were deemed not compelling by…

Subscribers to the IPO of salary-advance fintech Beforepay (ASX: B4P) were left in shock following the company’s 40% tumble within the first hours of trade. Shares fell from the listing price of $3.41 to $2.20 by mid-afternoon, crushing any hopes of instant stock market success to become the next generation lender. BeforePay is a pay-on-demand…