ASX Announcements
March
- Exclusive
- Online trading
Equity traps in the growing pool of share schemes
Anna Ross crowdfunded capital to get her beauty empire off the ground, but some small-time investors have become desperate to get their money back.
- Patrick Durkin
May 2022
Openmarkets, SelfWealth merger talks crater
Clearing and settlement platform Openmarkets is understood to be reaching out far and wide in search for a new investor, as its talks with listed retail trading platform SelfWealth fizzle out.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
April 2022
‘Race to the bottom’: SelfWealth says budget broker model unsustainable
As SelfWealth’s rivals embrace loss-leading to acquire more customers, the budget broker says it can defeat a shareholder motion to roll two board members.
- Tom Richardson
March 2022
Openmarkets Group in merger talks with SelfWealth
merger would see Openmarkets become an ASX-listed company, less than a year after it postponed its float plans.
- Yolanda Redrup, Sarah Thompson and Kanika Sood
February 2022
SelfWealth co-founder attempts a comeback
Andrew Ward, who’s been gone from the retail investing microcap since 2019, is not too happy with the company’s board.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
All the profit results for February 21, 2022
Results briefing | News and analysis on today’s profit results from Adairs, Altium, Ampol, BlueScope, Chorus, Cooper Energy, Endeavour, GDI, Hansen, Helloworld, Latitude, Lendlease, Maca, NIB, Nuix, OZ Minerals, Reliance, SelfWealth, Senex, Silver Lake, Sonic Healthcare, Starpharma, Super Retail, Tyro, Viva. Find updated reports and analysis here.
- Andrew Hobbs
Tiger Brokers set to challenge Stake, Superhero in Australia
Stockbroking boss Michael McCarthy says Asia-focused budget broker Tiger Global can take market share from rivals such as Commsec, Stake, Superhero, and ING.
- Tom Richardson
December 2021
Battle for Millennials pits day traders against get-rich-slow club
As trading costs plummet, the new stockbroking apps explain their radically different philosophies as they vie to become (or avoid becoming) Australia’s Robinhood.
- Aleks Vickovich
September 2021
The stock this fundie believes could be the next Afterpay
The founder of Datt Capital, Emanuel Datt, talks about his early investment in Afterpay and taste for collecting Sullivan’s Cove whiskies.
- Alex Gluyas
July 2021
Online broker SelfWealth to add crypto in Aussie first
ASX-listed share-trading platform SelfWealth will add cryptocurrencies by the end of the year as the mainstream investment industry accepts digital assets.
- Aleks Vickovich
September 2020
Superhero cranks retail share trading frenzy
A super-cheap online broker named Superhero is set to add fuel to a retail trading frenzy initially fired up by the downstream effects of COVID-19.
- Tom Richardson
- Exclusive
- Investing
Afterpay, Zip backers fund Robinhood-style trading platform
Zip co-founder Larry Diamond and Afterpay's Nick Molnar are both backing a new Australian share-trading platform.
- Jonathan Shapiro
July 2020
Retail's widow-maker trade revealed
Retail investors can now leverage bets on daily index movements up to 275 per cent simply by buying listed ETFs.
- Tom Richardson
March 2020
Online broker SelfWealth raising capital
ASX-listed online share brokerage SelfWealth was tapping the market for fresh equity on Thursday.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
October 2019
Graham Tuckwell hails peer-to-peer investing 'revolution'
The true value of robo-advice lies in its ability to counter misinformation from traditional fund managers, says rich lister Graham Tuckwell.
- Updated
- Aleks Vickovich
