Nine will no longer invest in social media platforms as they discovered the results didn’t exactly live up to their expectations.
ASX share price news
Discover why these ASX share prices moved today and what it could mean for the ASX listed companies behind them. Brought to you by some of Australia's most forward thinking investment thinkers.
Qantas has said that it will return up to $500 million of capital to shareholders.The airline disclosed an overall income tax expense of $250 million.
Target managed to improve its earnings through better supply chain efficiencies, despite a fall in sales, while Kmart’s sales grew 8.6%.
Shares in Beach Energy Ltd [ASX:BPT] were up 7% today.
This morning AVZ Mineral Limited [ASX:AVZ] shares rose 12.28%.
The more things change, the more they stay the same.
The boost for Service Stream’s shares comes after the firm announced a record half-year profit today.
Yesterday’s close of AU$73.98 sees Commonwealth Bank Australia [ASX:CBA] shares approach new 52 week lows. Commonwealth Bank’s current 52 week low is A$73.20, which it reached on 8 September 2017. Why the downtrend?
Shares in Fletcher Building Ltd [ASX:FBU], the New Zealand building products and construction company, continued a week-long downward trend, dropping a further 10% on Wednesday to $6.40.
Shares in Dreamscape Network Ltd [ASX:DN8] were down 41% to $0.14 at the time of writing, after opening at $0.23 today.
MGM Wireless Ltd [ASX:MWR] shares are up another 20% today
Mitula Group Ltd continues its downward spiral, dropping 14.55%. Their shares have constantly been on the drop since mid-2017, struggling consistently.
Big Un Limited [ASX:BIG] has gone through a massive share crash, sinking 42.24%.
HearMeOut Ltd [ASX:HMO] may be joining the top of the social media ladder.