Search Results For ''

  • Director outed after failed board stacking attempt

    Investors were notably perplexed upon entering the offices of Paddy’s Resources for the Annual General Meeting where they were met by hundreds of Indian men at the corporate gathering.  Despite the micro cap consistently diluting the stock with incessant capital raises, there were an abnormal number of shareholders present for the microcap gold explorer.  When

    Read More
    Public
  • archTIS enters Defence sector with new client for cybersecurity platform

    Cybersecurity company archTIS (ASX: AR9) has confirmed its first entry into the lucrative Defence industry with the securing of Northrop Gruman as a major customer of their platform designed for the secure sharing of classified information. The commercial contract will see Northrop Gruman purchase 50 licenses for archTis’ Kojensi platform which will be used to

    Read More
    Public
  • BP Plc just reduced its long-term oil price assumption by 27% – The implication for Australian producers

    Global oil giant BP Plc “now sees the prospect of the COVID-19 pandemic having an enduring impact on the global economy with the potential for weaker demand for energy for a sustained period. The pandemic will accelerate the pace of transition to a lower carbon economy and energy system.” Revised long-term price assumption & impairments.

    Read More
    Public
  • The New Criterion: flexible space operators grapple with co working in the social distancing era

    In the new era of germ awareness, co-working spaces have transformed from a booming sector to a public health hazard.  Exalted as a creative collaborative zone in the industry’s millennial friendly jargon, the humble tea room is now maligned as a potential virus super spreader. The lockdown conditions have not augured well for the office

    Read More
    Public
  • Spain set to defeat Philippines in bidding war for Infigen Energy

    After recommending shareholders take no action to the $1.2 billion takeover bid from UAC Energy at 80c per share, Infigen Energy (ASX: IFN) has today recommended shareholders instead accept an offer of 86c per share from Spanish energy giant Iberdrola.  The new takeover offer comes two weeks after the UAC Energy offer was made, with

    Read More
    Public
  • Wisr’s rapid loan book growth returns to pre-COVID levels

    Australian credit consumers appear to be returning to financial normality based on fintech company Wisr (ASX: WZR) confirming their loan and repayment figures have returned to pre-coronavirus levels, and are rising rapidly.  The Company has reported 48% growth in their loan originations for the month of May, as Australians seek more competitive interest rates and

    Read More
    Public