Browsing Tag
ASX
164 posts
Light & Wonder (ASX: LNW) shares bounce 5% as Q1 sell-off looks overdone after content pipeline reset
Light & Wonder fell 7% on Q1 results. Today it bounced 5%. The legal reserve story may be reset, but Aristocrat audit risk is not.
Block (ASX: XYZ) Q1 beat reframes the AI restructuring as a margin story
Block cut 40% of staff. Bears called it desperation. Today's Q1 beat and guidance lift suggest Dorsey's AI bet is working.
Kaoko Metals (KAO) lists on ASX with A$6.5m IPO and a Namibian copper portfolio chasing a structurally short market
LME copper sits near record highs. Junior raises keep failing. Kaoko Metals just cleared an oversubscribed A$6.5m IPO. Chalkos drilling decides the rest.
Infratil (ASX: IFT) shares jump 11.7% on CDC’s record 555MW data centre deal
Hyperscalers are running out of US power. CDC just signed Australia's biggest ever data centre contract. Infratil holders now own the build.
European Lithium (ASX: EUR) share price gains 5% as Critical Metals merger nears 7 May binding agreement
Critical Metals offered A$0.58 per EUR share. Thursday is the binding deadline. A $24m cash shortfall and Tanbreez consolidation are the live tensions.
Codan (ASX: CDA) share price falls 8% on profit-taking after FY26 EBIT upgrade and 30% margin milestone
Codan upgraded FY26 EBIT to A$235m and hit a 30% margin a year early. The stock still trades at 40x forward PE. August earnings tests the premium.
Pinnacle Investment Management (ASX: PNI) share price jumps 5% after Pacific Asset Management completion
Pinnacle just closed the $419m PAM deal and the stock bounced 5%. Affiliate FUM hits $202.5bn. Performance fees are the next test in July.
Why ASX retail investors are watching Energy Resources of Australia (ASX: ERA) collapse to the Rio Tinto buyout floor
ERA fell 25% to a tick above Rio Tinto's $0.002 buyout price. 43% of minorities objected and a Federal Court decision is pending on Jabiluka contingent value.
Smartgroup (ASX: SIQ) share price hits new 12-month high as EV novated lease growth accelerates
Smartgroup just broke to 12-month highs. The TPG bid of $10.35 sits 7% above. EV novated leases are the engine and August earnings is the test.
Why ASX retail investors are rethinking Gentrack (ASX: GTK) after the 30% guidance shock
Gentrack halved its FY26 EBITDA guidance and announced a buyback. The deeper story is Octopus Energy's Kraken platform reshaping global utilities software.