
Broker backs Slattery's move on internet company
Morgans has backed Superloop’s $110 million takeover of internet service provider Exetel and said it would lead to an increase in earnings of around 50 per cent.
Morgans has backed Superloop’s $110 million takeover of internet service provider Exetel and said it would lead to an increase in earnings of around 50 per cent.
About 45 per cent of ASX-listed companies outperformed market expectations in the recent profit reporting season, according to stockbrokers Morgans.
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Novonix shares seem to be unstoppable after the battery materials company jumped another 29 per cent on the market today putting its rise over a year at almost 1000 per cent.
Morgans has started coverage on the Dalrymple Bay Infrastructure with an add recommendation despite a share price plunge since it listed late last year.
The small but mighty cousin of Big Dry Friday, the regional fundraiser, which amassed $1.3 million in donations last year, returns to support rural farmers and their families doing it tough.
Virgin Mk 2 will be a smaller, single-branded domestic and short-haul international airline after the two shortlisted bidders filed the binding offers today and made their intentions clear.