Lachlann Tierney

20/03/2020

Tyro Share Price Rides ASX Wave Up on Rare Good Day

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.

Lachlann Tierney

18/03/2020

Three Stocks to Watch during the Coronavirus Rollercoaster

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...

Lachlann Tierney

17/03/2020

Why Did the TDL Share Price Jump 438% Yesterday? (ASX:TDL)

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%

Lachlann Tierney

10/03/2020

Worrying Signs for Big Four Bank Stocks, NAB Share Price Sheds Most

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...

Lachlann Tierney

05/03/2020

Five Gold Stocks to Watch amid COIVD-19 Fears

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...

Lachlann Tierney

04/03/2020

Adavale Resources Granted Ex-BHP Nickle Project

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.

Lachlann Tierney

04/03/2020

RBA Rate Cuts Crowns CSL Australia’s Biggest Firm

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.

Lachlann Tierney

04/03/2020

Why is the ASX down after Fed and RBA Rate Cuts?

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?