Today's ASX news
Did You See Pilbara Minerals’ (ASX:PLS) $91.5 Million Capital Raising?
Pilbara Minerals Ltd (ASX:PLS) just raised $91.5 million from major investors, was this a good move?
September 4, 2019
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.
Pilbara Minerals Ltd (ASX:PLS) just raised $91.5 million from major investors, was this a good move?
Spark New Zealand Ltd (ASX:SPK) has just announced an acquisition, is it the best New Zealand company?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.69% on Tuesday.
The Moelis Australia Ltd (ASX:MOE) share price dropped over 3% after announcing a share buy-back.
The Reserve Bank of Australia (RBA) decided to hold interest rates at 1%, does this help ASX shares?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
The Speedcast International Ltd (ASX:SDA) share price has gone up 40% over the past two days.
Pioneer Credit (ASX:PNC) shares are currently in a trading halt and may be so for the rest of September 2019.
Medibank Private Limited (ASX:MPL) is currently under pressure from the Australian Competition & Consumer Commission (ACCC).
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