As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,067.00 on Friday, down 2.76% in the past 5 days.1. $TRANSURBAN GROUP(TCL.AU)$ +5.81%The board of Transurban Group has announced that the dividend on 25th of February will be increased to A$0.32, which will be 6.7% higher than last year's payment of A$0.30 which covered the same period. This makes the dividend yield 4.9%, which is above the industry average.We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Prior to this announcement, the company was paying out 587% of what it was earning. Without profits and cash flows increasing, it would be difficult

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,296.00 on Friday, down 1.48% in the past 5 days.1.$Insignia Financial Ltd(IFL.AU)$ +17.21%It is doubtless a positive to see that the Insignia Financial Ltd share price has gained some 40% in the last three months. But over the last half decade, the stock has not performed well. In fact, the share price is down 58%, which falls well short of the return you could get by buying an index fund. Although the past week has been more reassuring for shareholders, they're still in the red over the last five yearsAccording to the release, after the market close on 12 December, the ASX 200 share received a co

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,420.90 on Friday, down 0.18% in the past 5 days.1.$DE GREY MINING LTD(DEG.AU)$ +25.66%On Monday, Northern Star announced the friendly scrip takeover of De Grey, owner of the large undeveloped Hemi gold project in Western Australia’s Pilbara region. Managing director Stuart Tonkin said it was rare to be able to present such a compelling transaction. “Given the high-quality nature of Hemi, De Grey is in the fortunate position to have had many avenues to progress the asset, including M&A,” De Grey managing director Glenn Jardine said.“The transaction that we have entered into with Northern S

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,436.20 on Friday, up 0.51% in the past 5 days.1. $LIFE360 INC-CDI(360.AU)$ +20.48%We wouldn't blame Life360, Inc. shareholders if they were a little worried about the fact that James Synge, the Independent Non-Executive Director recently netted about AU$1.7m selling shares at an average price of AU$68.57. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 3.7%.Life360's stock is trading at A$24.67, below its estimated fair value of A$29.08, suggesting potential undervaluation based on cash flows. Despite recent

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,393.80 on Friday, up 1.31% in the past 5 days.1. $A2 MILK CO LTD(A2M.AU)$ +13.31%Investors have been scrambling to buy the company's shares after it released a trading update ahead of its annual general meeting. According to the release, business has been stronger than expected during the first half, which has led to a revenue guidance upgrade.But the bigger news is that A2 Milk is finally going to start sharing its profits with its shareholders. After sitting on a mountain of cash for some time, the company has decided that now is the time to pay dividends.the company is now forecasting mid

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,285.20 on Friday, down 0.12% in the past 5 days.1. $JAMES HARDIE INDUSTRIES-CDI(JHX.AU)$ +16.59%The James Hardie share price was up over 15% this week. This follows the release of the building materials company's second quarter update. James Hardie revealed a 4% decline in net sales to US$961 million and an 8% decline in adjusted EBITDA to US$263 million. James Hardie CFO, Rachel Wilson, was cautiously optimistic. She said: "Despite greater market headwinds than we anticipated in our original outlook, we remain well-positioned to deliver volumes within our original guidance range. Our Hardie Opera

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,295.10 on Friday, up 2.17% in the past 5 days.1. $NEUREN PHARMACEUTICALS LTD(NEU.AU)$ +35.27%Neuren Pharmaceuticals has announced robust financial progress in Q3 2024, with DAYBUE™ achieving net sales surpassing US$250 million, triggering a US$50 million sales milestone payment. Additionally, Neuren will benefit from a one-third share of the US$150 million sale of a Priority Review Voucher by Acadia Pharmaceuticals. The company’s expected full-year income ranges between A$216 million and A$218 million, bolstered by royalties, milestone payments, and interest income.Investors have been buying this

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,118.80 on Friday, down 1.13% in the past 5 days.1. $MINERAL RESOURCES LTD(MIN.AU)$ +19.02%Mineral Resources share price soars on asset sale. Investors are bidding up the Mineral Resources share price after the company reported it has agreed to sell its two oil and gas exploration permits in the Perth Basin to Gina Rinehart's Hancock Prospecting. Hancock will pay the ASX 200 miner a total cash consideration of up to $1.13 billion.The MinRes board said on Thursday that it expected to hand down the conclusion of an investigation into the tax affairs of Mr Ellison by Monday. The miner also announced H

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,211.30 on Friday, down 0.88% in the past 5 days.1. $WEST AFRICAN RESOURCES LTD(WAF.AU)$ +14.73%West African Resources Ltd reported a robust third quarter in 2024, with gold production reaching 47,799 ounces and sales at an impressive average price of US$2,493 per ounce. The company remains on track to meet its annual gold production guidance, supported by a healthy cash balance of A$430 million. Additionally, significant progress was made on the Kiaka project, including a successful A$150 million share placement to fund its development.West African Resources Limited's large institutional owners mu

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,283.20 on Friday, up 0.84% in the past 5 days.1. $REGIS RESOURCES LTD(RRL.AU)$ +22.69%Regis Resources Limited has announced that a significant shareholder, previously holding substantial interest, has ceased to be a substantial holder as of October 14, 2024. This change indicates a shift in the company’s shareholder composition, which may influence investor sentiment and market dynamics.Regis Resources Limited shareholders have had their patience rewarded with a 25% share price jump in the last month. The last 30 days bring the annual gain to a very sharp 48%.Retrospectively, the last year delivered a decent 11%

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,214.50 on Friday, up 0.79% in the past 5 days.1. $Arcadium Lithium plc(LTM.AU)$ +95.69%Rio Tinto will acquire Arcadium Lithium, in an all-cash transaction, valuing the latter at $6.7 billion, the Anglo-Australian giant confirmed on Wednesday.  Rio Tinto will acquire the United States-based lithium producer for $5.85 per share, it said. The deal represents a premium of 90% to Arcadium’s closing price of $3.08 per share on October 4 and is expected to close mid-2025.Management notes that Arcadium Lithium is a global, fast-growing, vertically integrated lithium chemicals producer with an asset base of long-life

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,212.20 on Friday, up 0.03% in the past 5 days.1. $MINERAL RESOURCES LTD(MIN.AU)$ +33.90%Mineral Resources Limited, with a market cap of A$8.05 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.Mineral Resources has completed the sale of a 49 percent interest in the Onslow Iron haul road to investment funds managed by Morgan Stanley Infrastructure Partners. MSIP, a private infrastructure investment platform within Morgan Stanley Investment Management, paid Mineral Resources upfront cash consideration of AU$1.1 billion on Tuesday (September 24).Mineral R

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,209.50 on Friday, up 1.35% in the past 5 days.1. $SIMS LTD(SGM.AU)$ +11.55%The Sims Ltd share price is up 13% after the metal business gave a promising trading update. Sims describes itself as a global leader of metal recycling and the provision of circular solutions for technology.Despite ongoing market challenges across all regions, the Sims metal businesses are projected to deliver an estimated EBIT of approximately $55 million in the first quarter of FY25.The Sims Managing Director and CEO Stephen Mikkelsen said: "It is encouraging to see the improved performance of our Metal businesses despite the chall

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,099.90 on Friday, up 1.08% in the past 5 days.1. $MINERAL RESOURCES LTD(MIN.AU)$ +25.06%MinRes gained 25.06% to $38.33 by this week, having closed 16.47% higher on Wednesday after securing approval by the Foreign Investment Review Board to sell a 49% stake in its Onslow Iron project's haul road to Morgan Stanley Infrastructure Partners.Morgan Stanley analyst Rahul Anand reaffirmed an 'overweight' rating on the company, noting that the stock is cheap and offers "significant upside for value investors with a long-term horizon". Anand said he did not see an equity raise being required, unless a weakening of up to 25

As New Zealand's inflation rate dropped to 3.3% in July, the Reserve Bank of New Zealand (RBNZ) announced its first interest rate cut in four years.On August 15, the RBNZ unexpectedly lowered the Official Cash Rate (OCR) from 5.5% to 5.25%. This marks a significant shift from the RBNZ's previous guidance (as recent as May), which suggested that interest rates would not be cut until August 2025.Rate cut cylce already begins in New Zealand! Expect 3+% in 2025?Although inflation is now close to its target range of 1% to 3%, RBNZ emphasized that policy will need to remain restrictive for some time but still predicts that the cash rate will reach 3.85% by the end of 2025.Following the RBNZ's reduction of the OCR, major banks in New Zealand quickly took action to lower mortgage rates, a move tha

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,013.40 on Friday, down 0.97% in the past 5 days.1. $NANOSONICS LTD(NAN.AU)$ +10.22%Nanosonics Limited has announced that State Street Bank and Trust Company, among other entities, has become a substantial holder as of September 2, 2024, with a total voting power due to relevant interests in over 15 million ordinary shares. This strategic financial move involves entities with the authority to control voting rights and dispose of securities as investment managers or trustees, reflecting potential shifts in the company’s investment landscape, which may drives the stock price up!Nanosonics has perfectly satisfactory

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,091.90 on Friday, up 0.85% in the past 5 days.1. $IMUGENE LTD(IMU.AU)$ +19.23%Imugene Limited is possibly approaching a major achievement in its business.Imugene Limited, a clinical stage immuno-oncology company, develops a range of immunotherapies to activate the immune system of cancer patients to treat and eradicate tumors in Australia. With the latest financial year loss of AU$38m and a trailing-twelve-month loss of AU$89m, the AU$375m market-cap company amplified its loss by moving further away from its breakeven target. A company's cash runway is calculated by dividing its cash hoard by its cash burn. In De

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,971.10 on Friday, up 2.49% in the past 5 days.1. $ORORA LTD(ORA.AU)$ +32.28%Orora is considering selling its North American packaging business worth some $2 billion, with the glass bottles and cans manufacturer telling investors it had been in discussions with potential buyers about a deal for “months”.The company’s chief executive Brian Lowe said those negotiations had begun months before a buyout approach from private equity group Lone Star for the whole of Orora at $2.55 a share. The Lone Star proposal was rejected by the board on Tuesday.Orora cut its final dividend payout by 44 per cent to 5¢ a share after m

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,777.70 on Friday, down 2.08% in the past 5 days.1. $AMP LIMITED(AMP.AU)$ +8.86%Wealth manager AMP has reported a slide in its half-year statutory profit, although cost cuts helped lift underlying profit. AMP shares lift on improved profit, divestments.AMP shares jumped 13.2 per cent to $1.28 after it reported a 5.4 per cent increase in net profit to $118 million in the half-year. The financial services giant also declared an interim partially franked dividend of 2¢ per share. It was the best-performing stock on the ASX 200.For the six months ended 30 June, AMP reported a 4% decline in revenue to $641 million but

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 7,943.20 on Friday, up 0.28% in the past 5 days.1. $STAR ENTERTAINMENT GRP LTD/T(SGR.AU)$ +9.8%the Star Entertainment Group share price has rallied 9% over the past week. Shares in the casino operator are up 14% to 56 cents apiece from the week's low. This is a market-trouncing performance, though the origins of the optimism caught the attention of the Australian Securities Exchange.There's no shortage of stimulus to move the Star Entertainment share price these days. Shrouded in regulatory investigations, the Australian casino operator bounces around headlines like a steel sphere in a pinball machine.It seems the