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Month: April 2019

**There will be no Weekend Report on Easter Sunday, reports resuming Tuesday Morning**

Stock Dulux Group (DLX) $9.72 as at 17/04/2019 Event Paint manufacturer Dulux has exploded out of the blocks this morning, trading over 25% higher after the company confirmed it had received a takeover offer from Japanese company Nippon. The offer at $9.80/share was worth a 27.8% premium to yesterday’s close, with the stock trading through […]

  • Posted in ASX:DLX
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Stock Cochlear (COH) $177.81 as at 16/04/2019 Event Hearing aid developer Cochlear has launched a new product today, helping the stock trade nearly $10 higher to once again test the $180 level. The new product, the Nucleus Profile Plus range, is an advancement on some of its current range and is now available in Germany […]

  • Posted in ASX:COH
  • Comments Off on Cochlear (COH) shares rising

We have shown the below chart a number of times over recent weeks and we continue to believe its an elastic band tightening by the day for iron ore and $A – we remain bullish the $A targeting a test of 80c. Currently local resources are enjoying the perfect tailwind of rising underlying commodity prices while […]

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