It’s an ASX Takeover Frenzy! Which Stock Is Next?
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This week Rich explains the rocket propelling takeovers, which has happened to EIGHT of the stocks we cover in the past few months. He looks at the big picture and then drills down to stocks in the firing line.
If you are interested in learning more about Small Cap stocks and how to invest in this area read more here.
In this Week's Video:
Genex Power (ASX:GNX) jumps 50% after a bid by interests associated with Atlassian cofounder Scott Farquhar. Another victim in the hunt for irreplaceable real assets.
One of our Best Buys Maca (ASX:MLD) spikes 24% on a bid.
Why retailers are doing well and why investors need to tread carefully. JB Hi-Fi (ASX:JBH) has produced two quarters of 11% sales growth.
TWO Small Caps that could be in the takeover firing line.
This Week's Stock News:
Alliance Aviation (ASX:AQZ)
Centrepoint Alliance (ASX: CAF)
Genex Power (ASX:GNX)
Infomedia (ASX:IFM)
JB Hi-Fi (ASX: JBH)
Maca (ASX:MLD)
Mach7 Technologies (ASX:M7T)
Nanosonics (ASX:NAN)
Reckon (ASX:RKN)
Senex Energy (ASX:SXY)
Tassal Group (ASX:TGR)
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This week’s beer is a limited edition special from Young Henrys Brewery’s “10 Years Strong” Red Beer Ale. Hear what Rich thinks. If you have any beer or stock recommendations, leave them in the comments and we'll try it out!