Steve Daglian
๐ค SpeakerAppearances Over Time
Podcast Appearances
And Mineral Resources today was actually up quite strongly this morning.
It's faded a bit.
It's almost completely flat now, but it's decided to invest almost $500 million with its Chinese joint venture partner.
Basically, it's the world's second largest lithium producer and processor rather.
It's going to expand its Mount Marion lithium operation in WA, which amongst other things, it reckons is going to boost the amount of lithium that you can produce on an annual basis.
And I'll quickly mention Kogan.com, the online retailer.
It's up in the order of 18% today.
Now, it lifted earnings over the 10 months to April, thanks in large part to its business in Australia, which is where it's seeing pretty much all of its growth.
Its New Zealand business called Mighty Ape is still bleeding money for the time being, but the stock is managing to lift strongly today.
Absolutely.
So three weeks out from the next interest rate decision by the RBA, that's going to be watched very closely to see if inflation is broadening and worsening in other areas outside of fuel.
But we also have Amcorn, Webjet trading ex-dividend and Bank of Queensland paying out a dividend, a few profit results as well.
But we'll talk about that tomorrow.
Have a great evening, everyone.
Make sure to tune in to the Morning Podcast tomorrow.
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A quiet end to the week as US-Iran questions and next steps remain unanswered.
Good afternoon, I'm Steve Daglian.
It's Friday the 17th of April.