
Fortescue (ASX:FMG) share price rises on green energy project approvals
The Fortescue Metals Group Ltd (ASX:FMG) share price is higher after the company announced approval of green energy projects.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
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 Fortescue Metals Group Ltd (ASX:FMG) share price is higher after the company announced approval of green energy projects.
The TechnologyOne Ltd (ASX:TNE) share price is under the spotlight after the business announced its FY23 result which beat guidance.
The ASX Ltd (ASX:ASX) share price is up around 2% after the ASX operator announced what is going to replace CHESS.
The Pro Medicus Ltd (ASX:PME) share price is currently higher after the company held its AGM and gave some promising updates.
The Accent Group Ltd (ASX:AX1) share price is down over 10% after the shoe retailer revealed a FY24 trading update.
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after announcing a new asset initiative for its green energy segment.
The A2 Milk Company Ltd (ASX:A2M) share price has climbed 4% after the infant formula business gave a FY24 update.
The Sonic Healthcare Ltd (ASX: SHL) share price is down after the company gave a trading update and announced an acquisition.
The ASX 200 (ASX: XJO) share market is having a strong day, it’s up by 1.4% to more than 7,100 points. What’s going on?
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