EPISODE · Feb 16, 2022 · 13 MIN
Sunny reports ☀️ raining dividends 🌧️
from The COB from ausbiz
It was risk on to the close of the session, with the local market closing on the highs of the day up 78 points or +1.1%. Shareholders were in for a treat with it raining dividends today, with numerous top-line companies carving up the balance sheet. Treasury Wine Estates successfully navigated around Chinese tariffs, and investors bid up the price by nearly 12%. CSL also got shareholders' blood pumping, finishing up nearly 9%. Netwealth and EML Payments sat firmly at the bottom of the reporting season ladder. Tanking iron ore prices dragged down BHP, Rio Tinto and Fortescue, the latter also delivering a lacklustre report. Away from reporting season, Tesla's lithium offtake deal with Liontown saw the explorer close almost 18% higher.Out top three VODs:Fortescue's 2030 path to decarbonise is set in stoneIs CSL a buy?Hump day buy, hold, sell Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
It was risk on to the close of the session, with the local market closing on the highs of the day up 78 points or +1.1%. Shareholders were in for a treat with it raining dividends today, with numerous top-line companies carving up the balance sheet. Treasury Wine Estates successfully navigated around Chinese tariffs, and investors bid up the price by nearly 12%. CSL also got shareholders' blood pumping, finishing up nearly 9%. Netwealth and EML Payments sat firmly at the bottom of the reporting season ladder. Tanking iron ore prices dragged down BHP, Rio Tinto and Fortescue, the latter also delivering a lacklustre report. Away from reporting season, Tesla's lithium offtake deal with Liontown saw the explorer close almost 18% higher.Out top three VODs:Fortescue's 2030 path to decarbonise is set in stoneIs CSL a buy?Hump day buy, hold, sell Hosted on Acast. See acast.com/privacy for more information.
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Sunny reports ☀️ raining dividends 🌧️
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