Category: News

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Indonesia has a long and rich history of gold mining with the world’s largest gold mine at Grasberg, in West Papua.  Australian investors have enjoyed the successful development and expansion of the Martabe gold mine over the last decade and more recently the ASX listed Nickel Mines Ltd development in Sulawesi.  

Investors have been rushing to buy Apple and Tesla shares in recent weeks. Since both companies split their stocks last month, the premium shares are, at least on paper, on sale. On July 30, Apple announced a 4-for-1 stock split, meaning investors get four shares for the price of one. Tesla followed suit a few weeks later. For the first time in Tesla’s history, it announced a 5-for-1 split.

Iron ore prices are at 6-year highs due primarily to rising demand in China, their iron ore imports witnessing a year-over-year growth of 24% in July to a record 112.65 Mt.

Law Finance Limited (ASX: LAW) provides alternative financing for small to medium-sized personal injury law firms in Australia and the United States. Specialising in motor vehicle accident claims, Law Finance is in America’s top 5 providers of personal injury financing. 

It is with heavy heart that I share with you my view on markets. It is my opinion that we are on the verge of one of the greatest tests to asset valuation theory in history. To summarise the markets as I see it, we have unprecedented levels of stimulus, budget deficits widening at a record pace and size and meanwhile we have an aggressive V-shaped (bounce/recovery) in asset prices following the market low in March.

It doesn’t get much “hotter” for investors than the burgeoning Buy Now Pay Later (BNPL) sector. Share prices have run hard in the past few months, with the likes of Afterpay (APT) attracting the lion’s share of attention with a scorching run from under $10 to nearly $100 from March to August this year.

Galilee Energy (ASX: GLL) is about to kick off a six week gas drilling program in the Galilee Basin of western Queensland. This drill campaign adds to the existing gas output of Galilee’s flagship Glenaras project.

Amaero International (ASX: 3DA) is an additive manufacturing company that specialises in 3D printing metal components as well as producing machines and metal powders.

North Stawell Minerals (ASX: NSM) Gold IPO is closing this week. Whilst the deal is over subscribed Reach Markets has a small allocation that we expect to close out very soon. Click here to request a Prospectus and for the opportunity to participate in this IPO. 

In the next episode of our exciting ‘Meet the Funds Manager’ webcast series we will be joined by Ron Shamgar, the Head of Australian Equities at Tamim Asset Management. The Tamin All Cap Fund performed exceptionally strongly through 2019, returning 55.78% (net of fees). And, so far in FY20, is 8.64% (net of fees) up for the year, after a strong July returned 11.34%.

The disruption caused by everyday activities being forced online due to COVID-19 social distancing cannot be underestimated. Entire multi-billion dollar industry verticals such as education, healthcare and security are all scrambling for short-term stop-gaps, many not recognising the permanence of the change brought about by the pandemic, which continues to spread across the world.