Join our daily newsletter At The Bell to receive exclusive market insights
Good Afternoon, I’m Jon Davidson, it’s a Friday and you know what that means – it’s time for HotCopper Highlights, the segment where we wrap up the stocks and company announcements you were watching and viewing the most this week on Australia’s #1 finance website, let’s get into it starting with the most viewed.
Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.
Spare a thought for Immutep investors who on Friday saw years of patience poured down the drain, or long-term investors at least, as the company’s lead lung cancer candidate was deemed futile and its keystone Phase III trial scrapped in a pre-market announcement that saw the company lose 10x its value out the gate. With nothing else to bring to market and years of work ahead, investors weren’t bothering to wait around.
Elsewhere, Air New Zealand on the wrong kind of radars this week as it suspended FY26 guidance on the back of claims it’s too hard to guess where jet fuel prices will go right now, while that might be true, the company’s also been struggling to pay engine maintenance costs the last two years. That’s understandable, but on both counts, they seem like contingencies an airline should probably have better plans for than just suspending guidance.
Finally, American Tungsten & Antimony on the watchlists this week but perhaps for wrong reasons; unfortunately, and I should add here that this company is a client of ours, it remains the same that assay results from its Dutch Mountain project were less than what investors had excited themselves into expecting. Still, with the critical minerals policy-thematic-momentum chimera not going anywhere, anything can happen.
And what of the most discussed stocks?
Lynas Rare Earths generating a hell of a lot of enthusiasm after this week an entity linked to the Japanese Government provided a neodymium price floor to the company of $110 a kilo USD, with the caveat that Japan must buy thousands of tonnes of the stuff off Lynas every year into the late 2030’s. Talk about a nice deal, expect Lynas to become the premier rare earth stock, more than it already was.
Elsewhere, a basket of energy stocks including Woodside obviously but just about everything else too generating chatter for obvious reasons: when the US and Iran go to war, oil stocks become the dogs of war, and alongside Electro Optic Systems, it’s been a good week to be an energy investor. Especially if you’re into coal. China banning refined fuel exports definitely not helping.
Finally, in another China move, BHP on radars lateweek as its ongoing stoush with China expands into more hostile territory, another class of iron ore product – this time Newman on top of Jimblebar fines – have been cancelled for purchase by China’s iron ore buying apparatus, who have long insisted prices above US$100/tn are irrational. Well, today they’re at $108 on the SGX. Not unlike Rio Tinto also currently grappling with Mongolia’s new leader who wants more money from the London miner.
That’s HotCopper Highlights for Week 11, I’m Jon Davidson, try to have a peaceful weekend and we’ll see you next week, prepare some Valium, perhaps, seeing as everyone’s cementing in a rate hike.
Join the discussion: See what’s trending right now on HotCopper, Australia’s largest stock forum, and be part of the conversations that move the markets.
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
-1200x645-380x200.jpg)
