Category: News

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News

Aussie biotech presents CAR-T platforms at prestigious global conference

Clinical stage oncology company Prescient Therapeutics (ASX: PTX) has just presented at the Cell & Gene Meeting on the Mediterranean, after being invited to present at the prestigious event that brings together key players in the cell and gene therapy community from around the world. The company is discussing their next-generation CAR-T platforms; OmniCAR, CellPryme-M and CellPryme-A.

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Back to the Future for VHS Collectables

If time is any indicator of value, it is that old technology becomes sought-after technology once again. Particularly if that technology is collectable.

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Site Group progresses Saudi growth prospects

Site Group International (ASX: SIT) is moving full steam ahead with their Saudi Arabian regrowth plan, after signing new training agreements between their Maharat Construction Training Centre (MCTC) and seven contracting companies. The MCTC has experienced 100% year on year growth to March, and the company has recently reaffirmed its revenue guidance of ~$31 million in 2025.

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Note from the MD: RBA pauses rate hikes as gold and silver break out

The RBA decided to leave the cash rate target at 3.6% yesterday, as Philip Lowe stated that the full effect of the past year’s substantial interest rate hikes is yet to be felt, and highlighted the importance of assessing the impact on the economy before taking further action. While February’s monthly inflation indicator (which was only started in September last year) showed 6.8%, moderating from the December quarters annual measure of 7.8%, the RBA has left the door open to future hikes if need be.

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Robust DFS metrics with $1.5 billion NPV and $270 million annual free cash flow take VHM closer to production

After the release of a Definitive Feasibility Study Refresh for flagship Goschen Rare Earths and Mineral Sands project, revealing a pre-tax A$1.525 billion Net Present Value (NPV) and a 44% Internal Rate of Return (IRR), VHM Limited (ASX:VHM) has also discovered a new high grade rare earth, titania and rutile ore body at their Cannie prospect area – 13.5km south of Goschen.

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OPEC production cuts could have wide economic impact

Over the weekend, OPEC+, the cartel that includes the biggest oil-producing nations in the world, announced production cuts of 1.1 million barrels.

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Far East Gold begins scout drilling at highly-prospective Aloe Eumpeuk

Aussie junior explorer Far East Gold (ASX: FEG) has identified visible gold and electrum within a drill core from the Rek Renti prospect area within its Woyla tenement – a project touted by the company to be one of the most highly prospective undrilled copper gold projects in South East Asia.

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Aussie liquor business’ (yet) untapped opportunity in Better Beer

Every second week we invite a leading fund manager to present at The Insider: Meet the Fund Manager. In February 2023, we were joined by Cyan Investment Management’s co-founder and co-owner Graeme Carson who mentioned Mighty Craft Limited (ASX: MCL)…

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Game-changing platform tackles $200 billion marketing problem with AI-powered solutions

The global $200 billion black hole in marketing spend and the Aussie tech trying to fix it. Global marketers are wasting $200 billion, or one third of their budgets, because advertising campaigns are poorly briefed and don’t have a strategy, according to the global Better Briefs Study which focussed on the effectiveness of modern marketing.

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Credit Suisse’s unofficial ‘going out of business’ sale

An onslaught of interest rate rises aimed at bringing the markets back to normal led to a hard reality check for Credit Suisse. While UBS, or Union Bank of Switzerland, secured an opportunistic 3-billion Swiss Franc deal to buy out its rival, the e-commerce crowd decided to follow suit.

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Australian hybrid holders safe from Credit Suisse AT1 fallout, analysts suggest

After the bailout of Credit Suisse by UBS and Swiss regulators, faith in the banking system was seemingly restored, as equities markets rallied the following day, after an initial sell-off.

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Note from the MD: Market M&A activity begins to heat up

US markets rebounded as investors keep a laser focus on the Fed’s interest rate decision, which is now just one day out. 8 out of 11 sectors in the S&P 500 finished higher, with the index locking in 1.3% of gains. 

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