LA Private

Uncategorized

Developing a vertically integrated lithium processing hub in Quebec

Alex Hanly, CEO of Lithium Universe Limited (ASX:LU7), provides an update on the company’s projects, discussing progress towards developing the Quebec Lithium Processing Hub. Paul Sanger: Today, we’re talking to Lithium Universe (ASX:LU7), which has a market cap of around $20m. Lithium Universe plans to construct a project in Quebec to assist Canada with its […]

Developing a vertically integrated lithium processing hub in Quebec Read More »

Afternoon update: ASX trading 1.08% lower as RBA keeps rates unchanged at 4.1%

The S&P/ASX 200 is trading 1.08 per cent lower at 6,957. Staying on the Australian front, the Reserve Bank of Australia has maintained the cash rate at 4.1 per cent for the fourth consecutive month, citing concerns about persistently high inflation and the possibility of further monetary tightening to bring inflation back to target. This

Afternoon update: ASX trading 1.08% lower as RBA keeps rates unchanged at 4.1% Read More »

RBA left cash rate at 4.1%, We think cash rate 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 points:The RBA left its cash rate on hold at 4.1% for the fourth month in a row.This was in line with our own forecast, the consensus of economists and the money market’s expectation.The decision to hold is consistent

RBA left cash rate at 4.1%, We think cash rate likely peaked, but 40% chance of one more hike Read More »

Stocks of the Hour: ECS Botanics, Nimy Resources, Legacy Iron Ore

ECS Botanics (ASX:ECS) has secured a $24 million offtake agreement with MediCann Health for the supply of medicinal cannabis. Commenting on the agreement, ECS Managing Director, Nan-Maree Schoerie said: “ This agreement not only reinforces our dedication to meeting the growing demand for affordable, accessible, and effective medicinal cannabis products but also marks another milestone

Stocks of the Hour: ECS Botanics, Nimy Resources, Legacy Iron Ore Read More »

Australian home prices rose another 0.8% in September – tight supply versus high interest rates

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key points:CoreLogic data showed national average home prices rose 0.8% in September, up slightly from 0.7% in August.The CoreLogic home price series have been revised to give more weight to more recent sales which has had the effect of now

Australian home prices rose another 0.8% in September – tight supply versus high interest rates Read More »

Computershare sells US mortgage servicing business for $720 million

Computershare (ASX:CXU) has concluded that the US mortgage servicing business is not the gold mine that the company once thought. Computershare entered the loan-servicing market with the purchase of Specialized Loan Servicing in the US in 2011 and has added to the business with a couple of add-on purchases. However, on Tuesday, it revealed it

Computershare sells US mortgage servicing business for $720 million Read More »