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Lachlann Tierney

ReadCloud Share Price Up as Market Dips and Rips (ASX:RCL)

By Lachlann Tierney, Tuesday, 24 March 2020

At time of writing the share price of ReadCloud Ltd [ASX:RCL] is up 10.94%, trading at 35.5 cents. Meanwhile the ASX 200 [XJO] has also gained, up 2.07% to 4,640.2 points. The ReadCloud share price has avoided a major sell-off and is up 42% in a 12-month period…

WBC Share Price Down, Is Now the Time to Sell Westpac?

By Lachlann Tierney, Monday, 23 March 2020

The Westpac Banking Corporation [ASX:WBC] share price is trading 9.58% lower this afternoon, following more news of measures to curb COVID-19 and special measures to be introduced by the banks…

PointsBet Share Price Down on League Closures, Is It Cheap?

By Lachlann Tierney, Friday, 20 March 2020

The spread of the coronavirus has meant that sporting leagues across the globe have been suspended or forced to play behind closed doors. For PointsBet that’s meant fewer opportunities to offer wagers to punters and ultimately, little opportunity to make a profit.

Tyro Share Price Rides ASX Wave Up on Rare Good Day

By Lachlann Tierney, Friday, 20 March 2020

Today we look at Tyro’s trading update, their cash balance, and the impact of COVID-19 on their business. We then examine the outlook for the Tyro share price in light of its 75% drop in the space of just over a month.

PainChek Share Price Up 13% As Healthcare Sector Soars

By Lachlann Tierney, Thursday, 19 March 2020

Mobile medical app developer Painchek Ltd [ASX:PCK] has seen its share price jump 13.24% today, up 0.9 cents to trade at 7.7 cents per share.

Three Stocks to Watch during the Coronavirus Rollercoaster

By Lachlann Tierney, Wednesday, 18 March 2020

Market volatility is continuing to rise amidst the ongoing global pandemic. Worst yet, it is difficult to pinpoint when this is likely to end. Markets are up one day and crashing down the next. It is a telling sign when investors begin to look for safety among some of Australia’s most speculative small-caps…

Why Did the TDL Share Price Jump 438% Yesterday? (ASX:TDL)

By Lachlann Tierney, Tuesday, 17 March 2020

Melbourne-based biotech firm TBG Diagnostics Ltd [ASX:TDL] (formerly Progen Pharmaceuticals Ltd) saw a massive jump in its share price during trade yesterday. The maker of molecular diagnostic kits jumped a whopping 438%

VAS Share Price Down 5%: Is Now the Time to Buy an ASX ETF? (ASX:VAS)

By Lachlann Tierney, Monday, 16 March 2020

With the ASX now officially entering bear market territory, investors have been scrambling into different investment vehicles in order to protect their wealth. One such vehicle which is not proving resilient at the moment is the Vanguard Australian Shares Index ETF [ASX:VAS]. At time of writing, the VAS share price was down 5.06% or $3.59 […]

AUD News: Aussie Dollar Hits 12-Year Low, What Does This Mean?

By Lachlann Tierney, Friday, 13 March 2020

The Australian dollar has sunk to a near 12-year low overnight, tumbling to 62.13 US cents amid panic surrounding the coronavirus pandemic. The AUD has not seen similar lows against the US dollar since the GFC. As of this morning, the Aussie dollar has dropped more than 11% from 70.31 US cents on 1 January. […]

Bonds to Surge in Looming Bear Market — RBA Sets Unconventional Policy

By Lachlann Tierney, Thursday, 12 March 2020

Trading volumes have already begun to surge for bonds across Asia, as the fast spread of the coronavirus around the world prompts investors to dump equities for the safety of fixed income securities. Asia-Pacific credit trading volumes spiked more than 50% this week with a 208% rise in year-on-year investment-grade credit transactions through 2020 so […]

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