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AU markets

Market Commentary

Research and disclosures focused exclusively on Australian markets.

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Australia · Company Research

A Tiny ASX Gold Stock, a Nearby Mill and a Cleaner Balance Sheet

Reach Resources Limited (ASX:RR1) has become a cleaner story and a messier one at the same time. The cleaner part is gold. Reach has pushed its Murchison South…

Australia · Company Research

CCE’s next chapter is being written offshore

Wave energy has always had a credibility problem. Not because the idea lacks beauty. The ocean moves all day, all night, in places where diesel is expensive and…

Australia · Company Research

A$150m Raised, A$150m Won: Why SXE Is Scaling Up Now

Southern Cross Electrical Engineering Ltd (ASX:SXE) has spent years looking like a quiet contractor with useful exposure to the right parts of the economy. Data centres. Electrification. Infrastructure.…

Australia · Company Research

AQXO Is Not the Story. Horn Island Timing Is

The ticker looks like the story. It probably is not. Alice Queen Limited (ASX:AQX) has a quoted options line, AQXO, that gives holders exposure to the company through…

Australia · Company Research

Why CuFe’s A$15.35m deal matters more than the cheque

The interesting part of CuFe Ltd’s (ASX:CUF) latest capital raise is not the A$15.35 million. That matters, of course. Small resource developers usually need cash before they can…