Azumah Resources Ltd [ASX:AZM] are up 100% since Tuesday this week. Shares doubled after IGIC Pte Ltd (Ibaera) made an unconditional all cash bid to acquire Azumah Resources for $0.028 a share.
With the ASX looking increasingly volatile in a low interest rate environment, it is essential to stay up to date with the latest stock market news. But with more than 2,300 stocks on the ASX, it can be hard to sift through all the charts, data and announcements.
This is where The Rum Rebellion comes in.
In this section you can find all our ASX market updates. We look at the stocks that are making big moves and the sectors that are most critical to understanding the stock market. We look at gold stocks, iron ore miners, the energy sector to name a few – any sector that we think will give you edge.
The Latest ASX Market Updates, News & Announcements
We offer a different perspective here at The Rum Rebellion. You won’t get hype – just sound analysis that goes beyond the headlines. Investing is no either task either, so we try and get to the point quickly. We may be blunt at times, but by being direct we hope to cut through the flack so you can make informed decisions. By following our coverage here you could even latch onto a few portfolio gems, or avoid making a critical error.
Check out the latest ASX News, Announcements and Market Updates below:
The thesis today is that the FMG share price is now in a precarious position and downside risks are rising. More bad data seems to be prompting buying.
Bellamy’s Australia Ltd [ASX:BAL] have had a massive rise today on recent news of a Scheme Implementation Deed with Chinese dairy company. A recent chanticleer article in the AFR hints that there could be more…
With the gold price having recently come off a 52-week high of US$1,565, we look at whether the Newcrest share price can sustain its run.
Shares for Golden Rim Resources Ltd [ASX:GMR] gained over 14% today after they discovered a second high-grade zone at Diabatou in Burkina Faso. At time of writing, the GMR share price was trading at $0.16…
At time of writing, the share price of Northern Star Resources Ltd [ASX:NST] is down 7.55%, trading at $11.45. Like many other gold stocks, the Northern Star share price has been on a strong run…