Today's ASX news
Rocketing: Investors loved what they heard from Audinate (AD8)
The share price of Audinate (ASX:AD8) is rocketing after the company gave an update. The share price is up around 11%.
April 6, 2020
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 share price of Audinate (ASX:AD8) is rocketing after the company gave an update. The share price is up around 11%.
The Tyro Payments (ASX:TYR) share price has gone up 14% today. It’s soaring.
The Magellan (ASX:MFG) share price is up 12%, it’s going bananas.
The share prices of Oil Search (ASX:OSH) and Santos (ASX:STO) are flying today.
The Sydney Airport (ASX:SYD) share price has fallen another 8% today for a couple of obvious reasons.
Webjet (ASX:WEB) is doing a capital raising, is it dirt cheap?
The major ASX banks of CBA (ASX:CBA), ANZ (ASX:ANZ), NAB (ASX:NAB) and Westpac (ASX:WBC) are seeing their share prices crumbling today.
The Citadel (ASX:CGL) share price has risen 41% this week. It’s going like a rocket.
The S&P/ASX 200 (ASX:XJO) has gone nuts in recent days. It’s up another 3.3% right now.
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