Today we look at Tyro’s trading update, their cash balance, and the impact of COVID-19 on their business. We then examine the outlook for the Tyro share price in light of its 75% drop in the space of just over a month.
Mobile medical app developer Painchek Ltd [ASX:PCK] has seen its share price jump 13.24% today, up 0.9 cents to trade at 7.7 cents per share.
Market volatility is continuing to rise amidst the ongoing global pandemic. Worst yet, it is difficult to pinpoint when this is likely to end. Markets are up one day and crashing down the next. It is a telling sign when investors begin to look for safety among some of Australia’s most speculative small-caps...
Melbourne-based biotech firm TBG Diagnostics Ltd [ASX:TDL] (formerly Progen Pharmaceuticals Ltd) saw a massive jump in its share price during trade yesterday. The maker of molecular diagnostic kits jumped a whopping 438%
The four pillars of Australia’s financial sector (the Big Four banks) have taken a serious beating, as low interest rates and the Coronavirus scare threatens to eat away at their margins. The NAB share price in particular is shedding the most...
SWF’s share price has performed strongly over the past 12 months, climbing a solid 105.48%. Though the share price has sputtered a bit since October 2019, we may see the share price lift on the back of a cap raise and today’s announcement.
In times of uncertainty, gold has been the go-to for investors looking to weather the storm. And there’s plenty of it, currently. With the price of gold on the up, expecting to hit US$10,000 in the next few years, Australia’s gold miners could once again be providing sanctuary for investors...
The share price of Australian-based uranium explorer Adavale Resources Ltd [ASX:ADD] has soared 60% this morning, as the company announced it had been granted tenements adjoining one of the largest undeveloped high-grade nickel resources.
CSL, with a market cap of $142 billion, now accounts for 8.2% of the ASX 200 Index, compared with 8.1% for Commonwealth Bank of Australia, whose market cap dropped to $140 billion as of Tuesday’s close.
The ASX 200 [XJO] is currently down .96% sitting at 6374.2 points. You might be wondering, why is the ASX down after the Federal Reserve and RBA rate cuts over the last two days?