The mere mention of magic mushrooms, ecstasy or ketamine is enough to send parents of teenagers into conniptions. But are these so-called party drugs poised to follow cannabis into the realm of a medical treatment within a legitimate listed sector? As a likely precursor to more local action in the (mind) expanding field, cannabis play
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Recently Iluka Resources spun-off their Deterra Royalties business. Deterra earns a royalty on iron ore mining in Mining Area C, located in the Pilbara of Western Australia, as well as some other royalties. To the surprise of few, Iluka Resources and Deterra Royalties now have a combined value far higher than when the two businesses
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A client asked earlier this week – is the value trade overbought? Our answer was yes but circling back with data/charts to which potentially support the assertion. Whilst we can talk to individual sector level valuations, in this email we provide 30,000 feet view of why the value to growth trade may take a pause
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Last week your columnist delved into the issues facing stocks such as Crown Resorts that rely on the stroke of a regulator’s pen to stay in business. (Highlighting the risk, Crown has since become a takeover target with diminished bargaining chips). As an extension of the theme, many companies rely on the whim of fellow
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Deep in any corporate vault lies a piece of paper or two that affirms the right of an enterprise to operate, such as articles of incorporation, a banking or broadcasting licence or a mining permit. Apart from diligent company secretaries, no-one else will give the paperwork a second thought. But when this right to operate
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While we may not realise it just yet, many of the services we utilise every day are being powered by artificial intelligence where big data centres have collected so much data about us, the user experience has become seamless, all the whilst saving billions of dollars. Although it is a harsh reality, automation by artificial
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