Month: August 2020
Pinnacle (PNI) +10.22% Jumped out of the gates today continuing the recent strength to rally to 5 month highs on the back of a strong full year report. Pinnacle, which provides support frameworks and distribution for a number of boutique funds it also invests in, saw profit climb 5.6% to $32.2m for FY20 despite the volatility […]
Viva Energy (VEA) +4.97% Gave an update to the market on fuel sales amidst further lockdowns, particularly in Victoria. The petrol station operator saw petrol sales in the state fall 25% in July compared to the same month last year as a result of the stage 3 lockdowns for Melbourne. Fortunately, though total sales were […]
Really bullish, there's more to go in the reflation rally
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