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Charlie Ormond

The Magnificent Seven Stumble: Cracks Appear in Market Titans

The Magnificent Seven Stumble: Cracks Appear in Market Titans

Some of the major players are beginning to slow. Is this the start of a new broadening trend?

By Charlie Ormond, Tuesday, 12 March 2024

Life360 [ASX:360] Shares Go to the Moon as Company Takes Bold Leap into Advertising

Life360 [ASX:360] Shares Go to the Moon as Company Takes Bold Leap into Advertising

Life360 shares see their biggest one-day jump as the company rounds the corner into a clear path to profitability, but can the good times last?

By Charlie Ormond, Friday, 01 March 2024

Shock Retirement of Woolworths CEO Puts Price Gouging in the Spotlight

Shock Retirement of Woolworths CEO Puts Price Gouging in the Spotlight

Mr Banducci’s resignation comes just days after a trainwreck interview in which his anger flares on price gouging accusations.

By Charlie Ormond, Wednesday, 21 February 2024

Seven Group Seeks Full Control of Boral [ASX:BLD] in Strategic Bid

Seven Group Seeks Full Control of Boral [ASX:BLD] in Strategic Bid

Seven Group lobbed a bid for the remainder of Boral in a deal described as its best and final offer that values the company at $6.9 billion.

By Charlie Ormond, Monday, 19 February 2024

Strike Energy [ASX:STX] Shares Collapse on Well Failure

Strike Energy [ASX:STX] Shares Collapse on Well Failure

Strike Energy shares have crashed today as it revealed issues at one of its new gas wells in the Perth Basin.

By Charlie Ormond, Tuesday, 13 February 2024

Amcor [ASX:AMC] Shares Up Despite Falling Profits

Amcor [ASX:AMC] Shares Up Despite Falling Profits

Both sales and profits took a large hit in Amcor’s December-half as destocking accelerated and consumer spending remained low.

By Charlie Ormond, Wednesday, 07 February 2024

Shareholders Not Impressed with $2.2B Merger of Silver Lake Resources [ASX:SLR] and Red 5 [ASX:RED]

Shareholders Not Impressed with $2.2B Merger of Silver Lake Resources [ASX:SLR] and Red 5 [ASX:RED]

The widely anticipated merger of mid-tier gold miners Red 5 and Silver Lake Resources has finally gone through, although not without a hiccup.

By Charlie Ormond, Monday, 05 February 2024

IGO [ASX:IGO] Headaches Continue as Cosmos Project Mothballed

IGO [ASX:IGO] Headaches Continue as Cosmos Project Mothballed

IGO shares are down as the company mothballs its Cosmos nickel project with nickel prices continuing to deteriorate.

By Charlie Ormond, Wednesday, 31 January 2024

Judo Bank [ASX:JDO] Shares Jump on 1H24 Results

Judo Bank [ASX:JDO] Shares Jump on 1H24 Results

Judo Bank recorded a profit before tax of $67 million for 1H24, sending its shares up double digits in trading today.

By Charlie Ormond, Tuesday, 23 January 2024

Super Retail Group [ASX:SUL] Shares Jump on Record $2 Billion First-Half Sales

Super Retail Group [ASX:SUL] Shares Jump on Record $2 Billion First-Half Sales

Super Retail Group continues to showcase its resilience as it expects record sales for 1H24. However, costs continue to challenge the bottom line.

By Charlie Ormond, Monday, 15 January 2024

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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