＜ASX Spectator＞

No B.S. ASX news.

The most interesting, the most talked about, and the most impactful announcements that move the market.

[＜ASX Spectator＞ @ASXSpectator]

Australia’s Santos (ASX:STO) announced Thursday that it has received the Federal court’s permission to appeal against the National Native Title Tribunal’s determination concerning certain petroleum production lease grants at it...

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[＜ASX Spectator＞ @ASXSpectator]

Australia’s corporate regulator issued an infringement notice and penalty to ASX (ASX:ASX), marking the first such incident for the market operator in the country. ASX paid a penalty of A$1.1 million ($721,930) following an inv...

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[＜ASX Spectator＞ @ASXSpectator]

Analysts at Jefferies have expressed an increasingly cautious stance on consumer discretionary retail companies in Australia based on rising valuations. The brokerage highlights that the market is eyeing a potential monetary pi...

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[＜ASX Spectator＞ @ASXSpectator]

Wall Street followed the uptrend of global shares on Wednesday with the key U.S. Treasury yield seeing decline for a month-low. This comes as Federal Reserve Chair Jerome Powell reassures investors, expressing that despite infl...

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[＜ASX Spectator＞ @ASXSpectator]

Among today’s notable merger and acquisition deals, one of Boeing’s biggest clients, the Dubai carrier Emirates, has professed its support for a prospective Boeing takeover of Spirit AeroSystems. This move, it is suggested, wou...

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[＜ASX Spectator＞ @ASXSpectator]

Shares of Australian Ethical Investment (ASX:AEF) saw a significant increase following the release of their upbeat half-year results. The shares rose as much as 6.9% to A$5.240 marking their highest level since February 12. The...

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[＜ASX Spectator＞ @ASXSpectator]

Shares of WAM Research (ASX:WAX) have ascended to a 4.5 month high, rising by up to 3.1% to hit an A$1.15 peak, their highest since October 2, 2023. The brokerage services company posted its half-year net profit from ordinary a...

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[＜ASX Spectator＞ @ASXSpectator]

Woodside Energy (ASX:WDS) has secured a deal to offload a 15.1% stake in its Scarborough project to Japanese liquefied natural gas buyer JERA, at a projected value of $1.4 billion. The announcement was made by the Australian pe...

Read more: https://t.co/9Jjt90VJp1 #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

Corporate earnings for Australia and New Zealand, including notables such as Helia Group (ASX:HLI), are queued up for release in the upcoming week. Among the companies on the slate, Helia Group’s Full Year 2023 earnings release...

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[＜ASX Spectator＞ @ASXSpectator]

On Friday, Australian shares experienced a rise, moving in sync with a broader rally in global peers. This was in part driven by positive performances in domestic technology stocks and financials which counterbalanced commodity...

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[＜ASX Spectator＞ @ASXSpectator]

Shares of life sciences firm Invion (ASX:IVX) experienced an intraday surge of as much as 25% to reach A$0.005. This was the company’s most significant intraday percentage gain since January 20. The hike in stock value was spur...

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[＜ASX Spectator＞ @ASXSpectator]

Woodside Energy Group plans to sell a 15.1% non-operating participating interest in its Scarborough project to JERA, a Japanese liquefied natural gas (LNG) buyer, for approximately $1.4 billion. The estimated monetary value is ...

Read more: https://t.co/iP0GF4EO4f #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

The share price of Dusk Group (ASX:DSK) has slid as much as 8.6% to A$0.900, reaching its lowest point since December 1. The considerable downturn has followed unimpressive results from the home fragrance products manufacturer’...

Read more: https://t.co/jWFDlWFMeH #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

Conrad Asia Energy (ASX:CRD) has been granted approval for the Mako gas price and allocation by the Indonesian Minister of Energy and Natural Resources. This consent covers the gas price and volume allocation for the Mako Field...

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[＜ASX Spectator＞ @ASXSpectator]

Jumbo Interactive (ASX:JIN) anticipates an underlying EBITDA margin in the range of 48% to 50% for the group’s financial year 2024. The company also confirmed the outlook for FY24. Future projections suggest the underlying oper...

Read more: https://t.co/KdVK8HfVZ8 #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

Sandfire Resources (ASX:SFR) recently reported a half-year underlying loss of $36.6 million, which is significantly higher than the previous year’s loss of $19.4 million. The company’s revenue from ordinary activities was sligh...

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[＜ASX Spectator＞ @ASXSpectator]

Shares of Accent Group (ASX:AX1) plunged as much as 8.6% to A$2.010, potentially its worst performance since November 17, 2023, if the downward trend persists. The footwear distributor unveiled that its profit after income tax ...

Read more: https://t.co/VcGdxOPpJ9 #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

Shares of Austal are shown to fall by nearly 14.4% to A$1.910, reflecting a likelihood of their worst performing day since July 26 if the trend continues. The international shipbuilder and defense prime contractor recently repo...

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[＜ASX Spectator＞ @ASXSpectator]

Suffering a fall as significant as 7.7% to A$0.120, Global Uranium and Enrichment (ASX:GUE) is facing its worst day since February 13, if the loss persists. The company, which specializes in uranium exploration, has announced a...

Read more: https://t.co/thiQMqWgCT #ASXSpectator

[＜ASX Spectator＞ @ASXSpectator]

Analysts at Citi have increased their earnings estimate and price target for Australian fashion retailer Universal Store Holdings (ASX:UNI) based on better-than-expected sales predictions and robust cost management. The brokera...

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