ASX Growth Shares
Here’s why the Lynas (ASX:LYC) share price has jumped higher
The Lynas Rare Earths Ltd (ASX:LYC) share price has gone up by 6.6% after announcing a $500 million expansion for Mt Weld.
August 3, 2022
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Lynas Rare Earths Ltd (ASX:LYC) share price has gone up by 6.6% after announcing a $500 million expansion for Mt Weld.
The Pilbara Minerals Ltd (ASX:PLS) share price is under the spotlight today after the lithium business announced its latest BMX auction.
The CSL Limited (ASX:CSL) share price is making headlines today after ASX healthcare share announced it can finally acquire Vifor.
The Appen Ltd (ASX:APX) share price has sunk. It’s down by more than 20% after giving an update about its FY22 first half and guidance.
If investors get a refund after doing their tax return, I think that there are some interesting ASX shares to put the money towards.
The Sezzle Inc (ASX:SZL) share price has soared and crashed this morning. The buy now, pay later (BNPL) business released its 2022 Q2 update.
The Fortescue Metals Group Limited (ASX:FMG) share price is in focus this week after the iron ore giant released its Q4 update.
The Macquarie Group Ltd (ASX:MQG) share price went up by 3% today after the investment bank announced its FY23 first quarter.
The Kogan.com Ltd (ASX:KGN) share price has gone completely bananas. It’s up over 40% after giving a FY22 update.
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