News
Cloud-based security company set to jump years ahead with AI biz acquisition
Surveillance and security company Spectur Limited (ASX: SP3) has entered a binding agreement to acquire 100% of 3 Crowns Technologies (3CT) – a transaction the former believes will provide strategic benefits, additional revenue and positive EBITDA.
Rare earths developer VHM races towards production
As a tier-1 globally significant rare earths and mineral sands project, VHM has begun life as a listed company.
Fitness chain’s ‘bold’ new year campaign draws internet ire
‘We don’t speak January’ was the mantra chosen by premium fitness chain Equinox in an attempt to stand out from the onslaught of new year marketing campaigns enthusiastically vying for the attention of potential customers.
Big gains and bigger plans – Health and wellness biz announces half year results
Health and wellness brand and product company Wellnex Life Limited (ASX: WNX) announced its results for the first half of FY23, reaffirming its $29 million revenue guidance for the full financial year.
Why Collins St CIO says this mineral sands biz ticks all the right boxes
It was revealed that a major lithium refiner, Yongxing Material, was forced to suspend operations at its lepidolite refinery, as the water quality of Jinjiang River was found to be abnormal during daily monitoring. The refiner is closed pending a water pollution investigation.
Note from the MD: Eighth straight RBA rate hike eases markets lower
After a relatively flat day, markets eased lower after the RBA’s final rate hike of the year yesterday afternoon. Led by weaker US markets overnight, which were down by around 2%, the ASX 200 wiped out Monday’s gains of around 0.3%.
Yet another RBA rate rise signals more uncertainty for markets
The Reserve Bank of Australia has made the decision to raise the cash rate by 25 basis points, which is in line with expectations.
Year in review: Wellnex builds revenue and pumps up portfolio
In 2021, possibly spurred by heightened awareness caused by COVID’s onset, Australia’s health and wellness market became the third-largest market for health and wellness, behind the US and China.
$250k salary: Mayor posts job ad to find a ‘bloodthirsty badass’
The biggest problem in New York isn’t crime, poverty or even COVID-19: it’s rats.
Fundie backs his ‘worst performer’ to reach greater heights
Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In June, Merewether Capital’s Luke Winchester selected Aerometrex as one of his favourite stocks, pointing to the company’s strong technology lead and…
Note from the MD: Markets ease after volatile day
After a rather volatile session, the ASX 200 nevertheless finished marginally up overnight by 24.2pts or 0.33% to 7,253.3. Overall, markets have been stagnating all week after several weeks of gains. Around 44% of stocks, and 4 sectors gained ground.
Black Friday and Cyber Monday sales set to add over $6 billion
Despite inflation at a 30-year high, shoppers are flocking to the shops, expecting to add $200 million to the $6 billion spent on Black Friday and Cyber Monday sales last year.
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