Today's ASX news
Why is the Selfwealth (ASX:SWF) share price going bananas?
The Selfwealth Ltd (ASX:SWF) share price has jumped 20% after the ASX-listed broker revealed takeover talks.
October 13, 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 Selfwealth Ltd (ASX:SWF) share price has jumped 20% after the ASX-listed broker revealed takeover talks.
The Redbubble Ltd (ASX: RBL) share price soared 30% after the e-commerce ASX share gave a very positive trading update.
The Tabcorp Holdings Ltd (ASX:TAH) share price dropped 6% today after the gambling business announced a quarterly update.
The Liontown Resources Ltd (ASX:LTR) share price is down again after an update regarding the Albemarle takeover attempt.
The Qantas Airways Limited (ASX:QAN) share price is up after the airline announced when its chairman would step down.
The Telstra Group Ltd (ASX:TLS) share price is in the spotlight today after announcing it’s buying a cybersecurity business called Versent.
The Baby Bunting Group Ltd (ASX:BBN) share price has risen more than 3% after the retailer announced a FY24 trading update its AGM.
The Origin Energy Ltd (ASX:ORG) share price is up close to 5% after the takeover of the ASX energy share was approved.
ASX dividend shares offering enormous yields could be exciting investments due to the potential to deliver dividends and share price growth.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
