Payments fintech Tyro Payments [ASX:TYR] has rejected an unsolicited takeover bid from Potentia Capital Management. The initial offer valued Tyro at about $694 million, or $1.27 per share. TYR shares rose more than 25% on Thursday as investors eye further upgraded takeover bids. The offer may have been too opportunistic for TYR’s management, given the […]
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Energy Wars Could Boost This ‘Boring’ Sector
On Friday evening, Russian Gazprom said it would have to suspend supply from Nord Stream 1 ‘indefinitely’ for repairs after finding an oil leak.
[WATCH] Closing Bell — A Peek behind the Scenes
In today’s Money Weekend…uranium stocks took off like a rocket this week…some sectors of the market are catching a strong bid…why you should come to my trading presentation next Thursday…and more…
[WATCH] Closing Bell — Uranium Starts to Glow
The big news this week is that Japan’s Prime Minister Fumio Kishida said the nation would restart idled nuclear plants and focus on developing next-generation reactors to tackle energy costs that have soared during the Ukraine crisis.
Bear Rally Running Out of Steam
Markets are drifting aimlessly while we wait for US traders to get back from summer holidays. I remain convinced that we are witnessing a bear market rally that will have a use-by date in the next few weeks or months.
A Copper Stock for the Bottom Drawer
After a sharp fall in the copper price over the last few months, many copper stocks have been under pressure.
But the long-term strong demand outlook for copper remains.