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Charlie Ormond

Weebit Nano [ASX:WBT] Shares Surge after Major Agreement Signed

Weebit Nano [ASX:WBT] Shares Surge after Major Agreement Signed

Weebit Nano share price is surging today, sidestepping the heavy losses seen in the rest of the sector as hopes of further growth stem from its latest major commercial agreement.

By Charlie Ormond, Monday, 23 October 2023

TELIX’s [ASX:TLX] Gains in the Year Halved as Sell-Off Continues

TELIX’s [ASX:TLX] Gains in the Year Halved as Sell-Off Continues

Telix Pharmaceuticals has seen a 25% drop in its share price in the past four days as the market turns on the ASX’s second-largest biotechnology company. Let’s explore why.

By Charlie Ormond, Friday, 20 October 2023

Flight Cancelled: Qantas [ASX:QAN] Abandons Takeover Bid

Flight Cancelled: Qantas [ASX:QAN] Abandons Takeover Bid

The airline has abandoned its plans to fully acquire charter operator Alliance Aviation after the competition watchdog opposed the bid earlier this year.

By Charlie Ormond, Thursday, 19 October 2023

HUB24 [ASX:HUB] Sees Industry-Leading Capital Inflows

HUB24 [ASX:HUB] Sees Industry-Leading Capital Inflows

HUB24 shares are up after the company saw a 21% increase in its Funds Under Administration in the September quarter, reaching $82.7 billion. The company also announced a new retirement solution that will be available on its platform by the end of the year.

By Charlie Ormond, Tuesday, 17 October 2023

The Downward Spiral: Understanding Australia’s Weakening Dollar and Its Economic Implications

The Downward Spiral: Understanding Australia’s Weakening Dollar and Its Economic Implications

The Australian dollar has been weakening in recent months due to several factors, including a slowdown in the Chinese economy and high interest rates in the United States. This has many implications for the Australian economy, which we will explore today.

By Charlie Ormond, Tuesday, 17 October 2023

Selfwealth [ASX:SWF] Shares Skyrocket as Board Rejects Buyout Offer

Selfwealth [ASX:SWF] Shares Skyrocket as Board Rejects Buyout Offer

SelfWealth saw its shares surge as it knocked back an offer from rival brokerage platform Stake today in a high-stakes battle for users in the retail trading space.

By Charlie Ormond, Friday, 13 October 2023

Qantas [ASX:QAN] Heads Roll as Leadership Bow to Pressure

Qantas [ASX:QAN] Heads Roll as Leadership Bow to Pressure

Qantas announced plans for a board renewal to rebuild its reputation. Chairman Richard Goyder and two other board members will not stand in the next re-election.

By Charlie Ormond, Wednesday, 11 October 2023

ACCC Backs Origin Energy [ASX:ORG] 18.7b Takeover

ACCC Backs Origin Energy [ASX:ORG] 18.7b Takeover

The ACCC has backed the 18.7 billion takeover bid for Origin today, saying that the risks to competition were outweighed by the public benefits of more renewable energy.

By Charlie Ormond, Tuesday, 10 October 2023

Strike Energy [ASX:STX] Walyering Production Update: Fuelling Profits Amidst Gas Price Rise

Strike Energy [ASX:STX] Walyering Production Update: Fuelling Profits Amidst Gas Price Rise

Strike Energy gave investors the first look at production from its newly commissioned Walyering Gas Field in WA.

By Charlie Ormond, Monday, 09 October 2023

Adacel [ASX:ADA] Shares Soars on Air Traffic Training Contract

Adacel [ASX:ADA] Shares Soars on Air Traffic Training Contract

Adacel has seen its shares rocket today after being awarded a major US$59 million contract with the US Federal Aviation Administration to service its air traffic training systems for five years.

By Charlie Ormond, Wednesday, 04 October 2023

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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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