All in Blog

Ventnor shares hit 5-year high on maiden silica mineral resource news

Ventnor Resources (ASX: VRX) has come from nowhere to become a market darling, with its share price more than doubling over the past month as investors warm to the Perth company’s silica story. The news was rounded out by the announcement of a maiden resource for its Arrowsmith North prospect north of Perth. Ventnor shares, at 6.6c a month ago, last traded at 13c after reaching 17.5c last week - levels not seen since late 2013.

MacKenzie appointment heralds new era for BHP

Months of speculation came to end today with the announcement by BHP (ASX: BHP) that its board had selected Ken MacKenzie as its new chairman.

It is the week’s most significant corporate news in the resources world.

Mr MacKenzie, a former Amcor chief executive and a non-executive director of BHP since September last year, will succeed Jac Nasser on September 1.

Crowdsourced equity about to debut

Crowdsourcing equity financing has been bubbling around Canberra for a few years now. There have been several bills floated, deferred and then recrafted over this period. However, it finally looks like crowdsourced equity will finally see the light of day.

ASX playing a game of CHESS

Twenty years ago, the ASX introduced a system for post-trade processes of Australia's equity market, known as CHESS (the Clearing House Electronic Subregister System). When implemented, it was revolutionary in its sophistication in improving the efficiency of matching and settling trades.

Planning for the unplannable

Externalities are events that are largely out of your control, like the weather. There can be positive externalities, such as when a major celebrity wears and promotes your fashion label on Instagram and there can be negative externalities, such as when access to your business is restricted by a major road redevelopment.

Are we moving from steady gains to FOMO?

An analytical look back over the past 12 months for resources companies in Australia tells you that it has been pretty solid and good for investors. There are plenty of indicators that commodity price rises are not nearing their peak and share price gains have further to go.