LA Private

November 2023

Cash rate up 0.25% to 4.35%, Likely peaked, but 40% chance of one more hike

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses the cash rate. Key pointsThe RBA raised its cash rate by 0.25% taking it to 4.35%.The RBA retained a tightening bias underpinned by relatively hawkish commentary in its post meeting statement but softened it somewhat.The move was in line with the consensus […]

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Stocks of the Hour: True North Coppe, Centrex, Eclipse Metals

True North Copper (ASX:TNC) has identified high grade zones of copper and gold mineralisation, which exceed the current updated resource model. In response, True North Copper’s Managing Director, Marty Costello said, “with the return of all assays by the end of November 2023, mine optimisation and metallurgical studies will commence. These studies will assess the

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Unveiling Lincoln Minerals: Revitalizing Kookaburra Gully Graphite Project

Paul Sanger: I am Paul Sanger for the Finance News Network, and today we’re talking with Lincoln Minerals, ASX Code LML, and they have a market cap of around 12 million.Lincoln Minerals is developing the Kookaburra Gully Graphite Project in South Australia. We welcome the newly appointed CEO of Lincoln Minerals, Jonathon Trewartha. Jonathon, welcome to

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The global shortfall in tin

Elementos Limited (ASX:ELT) Managing Director Joe David provides an update on the company’s tin projects in Tasmania and Spain. Paul Sanger: Hello. I’m Paul Sanger for the Finance News Network, and I’m at the IMARC conference here in Sydney, talking with Elementos (ASX:ELT) CEO Joe David. Joe, great to catch up with you again. Joe

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Ryanair to initiate regular dividends after 40 years as profits soar

Nearly 40 years after its inception, Europe’s mega low-cost airline, Ryanair, is set to pay its shareholders a regular, first-time ordinary dividend and has announced plans to continue doing so annually, depending on market conditions. This decision comes on the heels of Europe’s largest airline reporting record-breaking revenues and profits for the six months leading

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AustralianSuper increases stake in Origin Energy, potentially blocking takeover bid

AustralianSuper has moved closer to constructing a blocking stake against the proposed $20 billion takeover offer for Origin Energy (ASX:ORG) from Brookfield of Canada and the smaller EIF group of the US. AustralianSuper told the ASX on Monday that it had lifted its stake in Origin to 15.03% with the purchase of 23.4 million Origin

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