With news of Australia incurring a $86 billion budget deficit for FY20, the largest since World War II, some young Australians are confident that the Country is in good shape and that others, anyone except themselves, will resolve future economic issues. Despite the impact which the budget deficit will have in future years, and likely
Read More
Drone defence and security company DroneShield (ASX: DRO) has secured a significant contract from the United States Air Force for counter-drone systems to be installed at their North Dakota air base. The contracts valued at USD $200,000 are not majorly material for the Company, however there is the potential opportunity to secure further business from
Read More
Following news of a $2.7 million financial turnaround since Crowd Media (ASX: CM8) underwent a business transformation to capitalise on their social commerce and influencer marketing network, CEO Domenic Carosa caught up with Emerald Financial’s Bronte Moore to update investors on Crowd’s plans for FY21 and beyond. Click below to watch the update. Investors can
Read More
Australia’s chief scientist Alan Finkel describes hydrogen as “Australia’s next multibillion dollar export opportunity’’ – and judging from two recent equity raisings investors are willing to back the future of the earth’s most abundant element as a clean energy source. Creating clean-burning energy from water and oxygen sounds like fairyland stuff that would put a
Read More
Australia’s gym sector is set for a shakeup with Viva Leisure (ASX: VVA) to acquire Australian Fitness Management (AFM) and its 197 franchised Plus Fitness locations which will leapfrog Viva to become the third largest operator in the country. Across their 197 clubs, Plus Fitness has a combined membership of approximately 175,000 members with the
Read More
“The place to be”? Not for many ASX listed stocks who are copping a hit from a second wave of COVID-19 infections across Victoria. US shares have returned to their highest levels since the COVID-19 selling began, but our shares are still a way off that level, with recent underperformance corresponding to the spike in
Read More