It was the Commonwealth Bank of Australia’s [ASX:CBA] turn to release its FY22 results today, a day after NAB announced theirs.
Cash profit rose 11%, however, net interest margin fell 18 basis points to 1.90%.
Investment Ideas From the Edge of the Bell Curve
It was the Commonwealth Bank of Australia’s [ASX:CBA] turn to release its FY22 results today, a day after NAB announced theirs.
Cash profit rose 11%, however, net interest margin fell 18 basis points to 1.90%.
Megaport [ASX:MP1] shares rose 9% after releasing its FY22 results with revenue rising 40% to $109.7 million, and net loss shrinking 12% to $48.5 million.
Drug developer Paradigm Biopharmaceuticals [ASX:PAR] rose more than 10% on Monday after releasing an update on its clinical program.
By Callum Newman,
1. Recession? Rate rises? War? You name it, we’re dealing with it. And still, the battery mineral deals keep coming. In these pages, we’ve been tracking the global carmakers’ push into Australia to lock up their future supply chains around lithium, nickel, copper, and rare earths. What’s true of Western Australia is true of […]
By Ryan Dinse,
In today’s Money Morning…coal for China and India…cold showers for Germany…an ironic opportunity…what’s our plan B?…and more… Last week the Australian House of Representatives passed Australia’s first climate change legislation in a decade. The new bill commits us to a 43% reduction in greenhouse gas emissions by 2030 (over 2005 levels) and a net-zero target […]
Junior lithium stock European Lithium [ASX:EUR] signed a non-binding memorandum of understanding (MoU) with automaker BMW AG.
Investment ideas from the edge of the bell curve.
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