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(1 December 2022, AFR, p21, Carrie LaFrenz and Jonathan Shapiro) – Here is a case study example of the possible outcomes when investing in various funds. “Dixon Advisory’s administrators have told the failed group’s creditors – all of whom are current and former clients in its ASX listed US property fund – to back a … Continue reading
(12 July 2022, AFR, p26, from Financial Times) – This delve into the recent Wirecard fraud case is incredulous, due to the huge amount of money embezzled. “Frankfurt/London | Wirecard forged client data and lied about internal records to secure a €900 million ($1.3 billion) investment from SoftBank that was seen as a vote of … Continue reading
(7 July 2022, AFR, p28, Aaron PatrickSenior correspondent) – This news article gives a great insight into the workings of some hedge funds. “You probably haven’t heard of Bill Hwang, but until the COVID-19 pandemic, he ran a $50 billion hedge fund that blew up in one week. The family-owned fund, Archegos, was one of … Continue reading
(3 December 2019, AFR, p14, Peter Ker, Resources reporter) ‘Australia’s biggest superannuation fund says the investment thesis that attracted it to Australia’s most shorted stock remains intact, in a major vote of confidence for struggling graphite producer Syrah Resources. Syrah shares have fallen by 94 per cent since June 2016 and its ability to outlast … Continue reading
[COMMENT: This is a case study example of a listed public company that went belly up, and the share market investors lost all of their investment. Caveat Emptor. Investors need to watch out for the tell-tale signs and bail out in advance. The signs are often there in the share price chart – see adjacent … Continue reading
[COMMENT: This is just for filing – a record of the share price performance since floating in October 2016. A rather sad result.] (4 November 2019, AFR, p25, Simon Evans, Senior Reporter) ‘… Broo listed on the ASX in October 2016 as a brewing ”underdog” using its Australian-owned status as a challenger to beer giants … Continue reading
Aussie Sharemarket Barometer 