Amid the boom of retail investors entering opportunistic penny stocks capitalising on COVID, many are now under the watchful eye of ASX regulators after share price pumps led by business pivots into hygiene product supply such as hand sanitiser. Just one of many to do so at the start of the pandemic, food production company
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The Australian rental market is set for a period of change with both interstate and domestic movement around the country impacting property markets. But through the economic uncertainty, tech company Rent.com.au (ASX: RNT) has emerged as the primary destination for tenants and landlords with a 13% increase in revenue for FY20. The largest dedicated rental
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An eerie sort of irony surrounds wagering and sports giant Tabcorp Holdings (ASX: TAH) which is set to embark on a corporate rebuild in the same way an underperforming AFL team does. The CEO and Chairman are on the way out, fresh blood is being sought with a $600 million capital raise and a strategic
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The rapidly changing retail landscape continues to evolve through COVID-19, with consumers now having little qualms buying goods online that traditionally had to be bought in-store. Jewellery in particular has met this trend as evidenced by retail jeweler Michael Hill (ASX: MHJ) which has reported a 54.5% increase in digital sales and the launch of
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BHP Group Limited – BHP Results for the Year Ended 30 June BHP (ASX: BHP) today reported results for FY20. BHP’s revenues fell by five percent to $42. Billion, while profits fell four percent to $7.9 billion. As a result, BHP will cut the final dividend to 55 US cents, from 78 for FY19. Despite
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Although having only listed publicly on the ASX six months ago following a $26.5 million IPO, tech company thedocyard (ASX: TDY) is on the move again with a proposed merger with unlisted Ansarada to form a global leader in business services tech. A proposed merger with Ansarada would require thedocyard to raise an additional $45
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Surveying company Veris (ASX: VRS) has strengthened its relationship with property developer Stockland (ASX: SGP) having been awarded a survey and design contract for their newest planned residential community – Katalia Estate. Katalia Estate is expected to take 10 years to complete all 1500 lots, with Veris to provide surveying and planning services for the
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Since securing the exclusive distribution rights to the AngelMed Guardian device, the only FDA approved implantable heart attack warning system, Hydrix (ASX: HYD) has now successfully implanted the device in four patients in Singapore. Implanted over a 3-day period, patients were selected based on their previous medical history to ensure they would benefit from the
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When discussing the global gaming and eSports market, Africa may be one of the less likely regions first considered, however, Emerge Gaming (ASX: EM1) may have identified a market gem having secured more than 10,000 subscribers within the first month of launching MTN Arena – a mobile gaming and tournaments platform. Co-branded alongside MTN, Africa’s
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Within two weeks of launching their plant-based protein shakes, Keytone Dairy (ASX: KTD) has secured national distribution through Coles which will become the first major supermarket to stock Tonik Plant – the first plant-based shake of its kind. The distribution agreement comes amid a growing trend within Australian consumers seeking plant-based products, popular in the
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