Today Collins Foods Limited [ASX:CKF] has shot up in share value by 1.68% They are now trading at $5.14 a share while sitting on a market cap of $597.481 million. Collins Foods was founded in 1968 and are based in…
This morning Iluka Resourced Ltd [ASX:ILU] slightly fell in share value, dropping by 0.55%. Despite the small dip, they’re still trading at a higher value than they were last month. Why did the Iluka Share Price dip? During the month…
The industrial goods company has been growing since last year and shows no signs of slowing down. They are now trading at $22.85 a share and are valued at a $10.089 billion market cap.
Wesfarmers have been operating since 1914, while holding a strong market value of $49.662 billion. They engage in retail, coal and mining production as well as many other sectors. Wesfarmers operates hundreds of retail stores around Australia.
The decision to spin-off Coles comes after a portfolio review. As with many spin-offs, Wesfarmers shareholders will receive a proportional number of Coles shares. Many of those shares will go to fund managers, who own more than 80% of Wesfarmers stock. They’ll have separate boards and management. Wesfarmers will still trade under the ticker WES, but Coles could soon be a new admission to the ASX.
WiseTech provide cloud-based software solutions around the world and are now standing at a healthy market cap of $3.227 billion.
Bega also decided to acquire Peanut Company of Australia in order to expand the overall peanut production in Australia and keep the product local.
Bitcoin isn’t the best asset coming out of the crypto space. Well, not yet anyway. The best assets in the crypto world are the toll bridges all crypto investors have to go through. The ASX Ltd [ASX:ASX] is a great company. They are one of the most profitable market operators in the world. They act as a toll bridge between investors and securities like stocks, futures and options.
Woodside are hoping their stake will enable them to control 75% of a permit which will contain the majority of the Scarborough gas field. The deal is set to be complete by the end of the month.
Founded in 1952, Stockland grew to become one of Australia’s largest diversified property group. They specialise in developing and managing shopping centres and a variety of other sectors.