To The Moon

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