Editor's picks
Adbri (ASX:ABC) share price rockets on takeover bid
The Adbri Ltd (ASX:ABC) share price has flown higher by more than 30% after receiving a big takeover offer.
December 18, 2023
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 Adbri Ltd (ASX:ABC) share price has flown higher by more than 30% after receiving a big takeover offer.
The Link Administration Holdings Ltd (ASX:LNK) share price is going nuts after receiving a takeover offer.
The Allkem Ltd (ASX:AKE) share price has risen 5% after announcing two pieces of ASX news that excited the market.
The Adbri Ltd (ASX:ABC) share price has jumped more than 7% after the construction company’s latest promising update.
The Woolworths Group Ltd (ASX:WOW) share price is up after a positive ACCC update about the Petstock acquisition.
The Volpara Health Technologies Ltd (ASX:VHT) share price is in focus after agreeing to a huge takeover deal.
The share price of IGO Ltd (ASX:IGO), an ASX lithium share, is down another 2% after revealing a disappointing update.
The Sigma Healthcare Ltd (ASX:SIG) share price has jumped 36% after returning to the ASX. Chemist Warehouse is planning to list.
I’d recommend buying both of these ASX shares as ways to invest for the long-term, including Wesfarmers Ltd (ASX:WES) shares.
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