CBA shares surge despite profit fall - ShareCafe
WEBAug 14, 2024 · CBA shares climbed 1.5% on Tuesday alone, surpassing $132 ahead of the result, which revealed a surprising fall in loan loss provisions for the year. However, investors seem to be overlooking the slightly weaker result — earnings down 3% and revenue off 2% — focusing instead on a 10-cent-per-share lift …
Tim McGowen, Author at ShareCafe
WEBDec 8, 2020 · January 23, 2020 - by Tim McGowen. Airlie Portfolio Manager, Emma Fisher, discusses where the team sees value in 2020 and puts a spotlight on stocks including Mineral Resources, Suncorp and CSL. Emma also outlines where the fund is positioned in relation to the retail sector and in particular their holdings in …
Understanding the Difference Between an MDA, SMA and IMA
WEBFeb 23, 2021 · The table below summarises the key differences. Managed accounts. (including MDAs, SMAs and IMAs) Managed funds. · Investors/account holders have beneficial ownership of the account’s assets. This means that they enjoy the benefits of ownership even if the title to the assets in the account is in another name.
Ore Collapse Claims First Casualty - ShareCafe
WEBSep 20, 2021 · Very quietly, a small Tasmanian iron ore miner has become the first casualty of the collapse in iron ore prices since May. Venture Minerals announced on Friday – the same day as it shipped its first loan of ore – that it had suspended operations at its Riley iron ore mine in northern Tasmania. Iron ore prices are down 57% since their highs ...
MyState and Auswide merge - ShareCafe
WEBAug 19, 2024 · The value of the merger is 105% of the current market value of Bendigo and Adelaide Bank at $7.03 billion. MyState Bank has reported $8.4 billion in assets and is larger than Auswide, with around $6 billion in assets. MyState also operates TPT Wealth, a trustee and wealth management company, which will see it dominate the merged company.
RBA announces comprehensive review of retail payments regulation
WEBJun 18, 2024 · RBA announces comprehensive review of retail payments regulation. The Reserve Bank of Australia (RBA) has announced a “holistic review” of the country’s retail payments regulation, aiming to increase transparency in fees and promote competition for services, according to Ellis Connolly, the RBA’s head of payments policy.
Shares in Rex Minerals surge more than 60% - ShareCafe
WEBJul 8, 2024 · MORE REX MINERALS LIMITED CONTENT. Shares in Rex Minerals (ASX:RXM) surged more than 60% after it revealed it had found its ideal partner in the shape of its major shareholder, Indonesian-owned MACH Metals Australia. Under the terms of the offer, MACH will acquire all the shares in Rex that it does not already own for a cash consideration of 47 ...
Aurora Metals leaves $170m in debts - ShareCafe
WEBIn a tumultuous turn of events, Queensland-based mining company Aurora Metals has collapsed, leaving a trail of debts totaling approximately $170 million. The company's financiers have appointed receivers over the top of administrators, leaving small trade creditors at the back of the queue for potential repayments.
BHP’s South Australia expansion: Promising discoveries at
WEBJan 19, 2024 · South Australia has quietly emerged as BHP’s (ASX:BHP) future, with the company's December quarter and half-year report hinting at a massive extension of its already huge Olympic Dam copper, gold, silver, and uranium deposit. Olympic Dam is already a giant, but BHP also has the highly prospective Oak Dam deposit nearby and two major copper ...
Production Numbers Plateauing for Vale - ShareCafe
WEBDec 3, 2021 · Vale now expects to produce 330,000-355,000 tonnes of copper output in 2022, rising to 390,000-420,000 tonnes a year from 2023-2026, and surpassing 450,000 tonnes after 2027. For 2021, the guidance was unchanged at 295,000-300,000 tonnes. But at the same briefing a year ago (in early December) Vale …