In today’s Money Morning…China’s last-minute curveballs…common ground for rare earths…the Australian alternative…and more… It looks like the political clash between the US and China is back!
HUB24 Goes on a Buying Spree as Shares Remain in Trading Halt (ASX:HUB)
In a somewhat surprising move, portfolio manager HUB24 Ltd [ASX:HUB] is on the move today. Launching a barrage of bids on three acquisitions targets. All up, HUB24 will spend roughly $93 million to get these deals done….
Strategic Elements’ Share Price More Than Triples on Battery News
It’s not often that you’ll see a stock report a triple-digit gain in a day. Take Strategic Elements Ltd [ASX:SOR] for example. This tiny stock has seen its share price rise from 6.5 cents yesterday to 20.5 cents at time of writing…
Why China Is Winning the Race for Monetary Supremacy: The Digital Yuan
While Powell is taking it slow on CBDCs, China is doing the complete opposite. The digital yuan isn’t just real, it’s already being put to the test. Last week 50,000 lucky Chinese people received a 200 digital yuan gift. Allowing them to test the new digital currency…
Vortiv Share Price Hammered as It Offloads Cybersecurity Business
It’s not every day that you see a listed company sell off its main operations and remain on the ASX. But that’s exactly what Vortiv Ltd [ASX:VOR] has done today. Announcing the sale of its cybersecurity operations for a cool $25 million.
Why Westpac Is the Real Winner in Its Afterpay Partnership
It’s official — Afterpay is going to start offering banking! That revelation in and of itself isn’t all that surprising, but their means are. On Tuesday it was revealed that Afterpay would be teaming up with Westpac…
EML Payments Shares Suffer a Volatile Day of Trade (ASX:EML)
After surging 4.5% at the open of trade this morning, The EML Payments Ltd [ASX:EML] share price is now down 1.08%. A surprising result for the company as it recaps an incredible performance for FY20…
MGC Pharma Boasts Sales Milestone Sending Shares Higher (ASX:MXC)
Is the pot stock boom back? That is the question that investors need to be asking themselves right now. As the sector both locally and abroad is seeing some noteworthy movement. Today, MGC Pharmaceuticals Ltd [ASX:MXC] was busy making their case…
Vection’s Partnership Spree Continues — VR1 Share Price Rises 6%
Few companies are seemingly as active as Vection Technologies Ltd [ASX:VR1] right now. This tiny tech stock has confirmed yet another partnership. Their third in as many weeks, News that has sent the VR1 share price 6% higher in today’s trading.
Recce Pharmaceuticals Shares Lift as It Pushes Closer to New Trials
2020 has been a busy year for Recce Pharmaceuticals Ltd [ASX:RCE]. The biotech small-cap has been tirelessly putting their synthetic anti-infectives to the test. However, as with any new medicine or treatment, they must first pass intensive trials…