Category: Stock Market

The Carnaby Resources Ltd (ASX: CNB) share price has more than doubled in just a week.

The copper miner’s share price has soared from 29 cents at last Thursday’s close to 62 cents at the time of writing, up 113.8%. Earlier today it rose as high as 70 cents before retreating.

Let’s look into what might be impacting a surge in investor confidence in the explorer.

Digging in December

The Carnaby Resources share price has exploded twice over the past week. The first major bounce came on Friday on the back of a “spectacular” copper find.

The exploration company told the market its drilling program at the Nil Desperandum prospect intersected a 24m zone of semi-massive copper sulphide mineralisation.

The discovery at the Greater Duchess copper-gold project in Queensland is the largest copper find from the company to date.

This announcement led to shares skyrocketing 55%, up from 29 cents to 45 cents at Friday’s close.

The second eruption of the Carnaby Resources share price took place on Wednesday after the company emerged from a trading halt.

The shares were temporarily put on ice while the company re-released two exploration statements from December 13 and December 17.

Both these statements confirmed significant copper mineralisation at the Greater Duchess copper-gold project.

While the news in these re-releases didn’t change, they provided more detail on the drill holes. This may have provided investors with more confidence in the previously announced results from the company.

After emerging from the trading halt on Wednesday, the shares surged from 44 cents apiece to 62 cents at the close. That’s a 41% gain.

Carnaby Resources share price recap

The Carnaby Resources share price has skyrocketed by around 85% in the past 12 months and 55% year to date.

For perspective, the S&P/ASX 200 Index (ASX: XJO) has returned more than 11% over the past year.

The company’s shares have gained 135% in the past month.

The company has a market capitalisation of roughly $73.2 billion based on its current share price.

The post Here’s why the Carnaby Resources (ASX:CNB) share price has exploded 114% in a week appeared first on The Motley Fool Australia.

More reading

• Carnaby Resources (ASX:CNB) share price explodes 46% on ‘spectacular’ copper find
• Carnaby (ASX:CNB) share price rockets 33% on lithium update

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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At lunch on Thursday, the S&P/ASX 200 Index (ASX: XJO) is on course to record another small gain. The benchmark index is currently up 0.25% to 7,382.8 points.

Here’s what is happening on the ASX 200 today:

Health insurance premium increases

Medibank Private Ltd (ASX: MPL) and NIB Holdings Limited (ASX: NHF) shares are trading higher after announcing their health insurance premium increases for 2022. Both health insurers have received approval from the Federal Minister for Health to increase their health insurance premiums by an average of 2.66% and 3.1%, respectively. This is the lowest increase in two decades. However, both companies intend to defer their increases for a few months from 1 April.

Centuria Capital’s acquisitions

The Centuria Capital Group (ASX: CNI) share price is charging higher today after announcing a series of acquisitions. According to the release, the company has acquired more than $466 million of Australia and New Zealand based healthcare properties within the past two months. This includes a geographically dispersed New Zealand portfolio of 38 aged care assets for NZ$291million (A$276million).

Rio Tinto shares remain a buy

The Rio Tinto Limited (ASX: RIO) share price is trading slightly lower today. This is despite Citi responding positively to its acquisition of the Rincon Lithium project in Argentina for US$825 million. In response, the broker has retained its buy rating and $115.00 price target on the mining giant’s shares. It believes this “confirms RIO’s ambition to be a serious player in lithium/battery materials.”

Best and worst ASX 200 performers

The best performer on the ASX 200 on Thursday has been the Evolution Mining Ltd (ASX: EVN) share price with a 3.5% gain. A number of gold miners are pushing higher today after the gold price rose overnight. The worst performer has been the Bega Cheese Ltd (ASX: BGA) share price with a 10% decline. Its shares are falling following the release of underwhelming FY 2022 guidance.

The post ASX 200 (ASX:XJO) midday update: Medibank and NIB rise, Bega sinks appeared first on The Motley Fool Australia.

More reading

• Is Rio Tinto (ASX:RIO) paying too much for the Rincon lithium project?
• Here’s why the NIB (ASX:NHF) share price is pushing higher today
• Why the Bega (ASX:BGA) share price is sinking 9% today
• Are these 2 strong ASX 200 shares buys?
• 5 things to watch on the ASX 200 on Thursday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Global Lithium Resources Ltd (ASX: GL1) share price has been a strong performer on Thursday.

In late morning trade, the lithium explorer’s shares are up 12.5% to 71 cents.

This latest gain means the Global Lithium share price is now up 153% in 2021.

Why is the Global Lithium share price shooting higher?

The catalyst for the rise in the Global Lithium share price today has been release of a promising announcement.

According to the release, the company has entered into an agreement to acquire an 80% interest in the exploration and future mining rights in the Manna Lithium Project from Breaker Resources NL (ASX: BRB).

The two parties have agreed a total consideration of $33 million. This comprises $13 million upfront consideration and up to $20 million deferred consideration. The latter will be payable upon certain milestones relating to the mineral resource and future production.

The Manna Lithium Project

The release notes that the Manna Lithium Project is an outcropping spodumene and lepidolite bearing pegmatite exploration project located approximately 100km east of Kalgoorlie, Western Australia.

The Project has an area of influence of 750m x 130m in the main outcrop with individual pegmatite dykes up to 18 meters wide. Furthermore, recent drilling over an anomalous area of 350 metres to the south of these pegmatite dykes has confirmed the discovery of a new zone of spodumene-rich pegmatites.

Global Lithium’s Chairman, Warrick Hazeldine, was pleased with the acquisition.

He said: “This is a strategic acquisition for Global Lithium and follows a rigorous assessment on pathways to grow our asset base for the benefit of all shareholders. It delivers on our objective of growing the Company’s business through complementary acquisitions and diversifying through the acquisition of Manna will deliver the Company another high-quality project located in an infrastructure rich, Tier-1 jurisdiction.”

“The early exploration work at Manna is highly encouraging and Global Lithium looks forward to partnering with Breaker Resources on a substantial exploration and drilling program at Manna in 2022 to capitalise on the global demand for quality lithium assets,” he added.

The post Why the Global Lithium (ASX:GL1) share price is surging 12% higher today appeared first on The Motley Fool Australia.

More reading

• Here’s why the Global Lithium (ASX:GL1) share price leapt today
• Here’s why the Global Lithium (ASX:GL1) share price is falling 7% today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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During December 2021, The Northern Star Resources Ltd (ASX: NST) share price has been under $9. It has actually dropped more than 10% since the middle of November 2021.

Northern Star is one of the biggest gold miners on the ASX, with a market capitalisation of around $11 billion according to the ASX.

Is the gold price affecting the Northern Star share price?

Resource company profits are highly impacted by the price of that commodity. It costs a mining company almost the same to extract the resource month to month, but how much money it can potentially make for the resource can change quite a bit.

If the commodity price rises, then a lot of it can turn straight into profit. However, the same can also be possible in the reverse when prices fall.

The gold price can move with just as much volatility as the iron ore price, lithium price or any other resource.

On 15 November 2021, the gold price was US$1,862 per ounce according to Goldprice.org. However, by 2 December 2021 it had fallen 5% to US$1,769 per ounce. That’s the time that the Northern Star share price fell to the lowest point this month.

Both the Northern Star share price and gold price have been rising since 2 December 2021 – the ASX miner has gone up 8%.

What next?

Northern Star has made a few different announcements recently.

At the start of the month, it announced it had agreed to convertible funding with Osisko Mining, including the exclusive right to negotiate a 50:50 joint venture at the Windfall gold project in Quebec, Canada. The C$154 million (A$169 million) loan can be converted into project equity.

This Canadian project is reportedly well advanced regarding studies, drilling and underground development. It’s expected to commence production in 2024. Northern Star said this partnership provides a de-risked entry to a high-quality gold province.

In November, Northern Star also announced it was buying Newmont Corporation’s Australian power business for US$95 million. The 110MW Parkeston Power Station and associated infrastructure primarily provides electricity to Kalgoorlie Consolidated Gold Mines (KCGM). Northern Star has bought half of KCGM. Parkeston also supplies electricity to the Kalgoorlie area through its connection to the South-West Interconnected System.

There were three areas that the company sees synergies and value. The first was infrastructure and power security and control to support the requirements of KCGM. Next, is lower power costs at KCGM. Finally, it provides further options for Northern Star to implement renewable energy.

Is the Northern Star share price good value?

UBS currently rates Northern Star as a buy, with a price target of $11.20. The broker is expecting the gold price to fall back to US$1,600 per ounce over the next 12 months.

The post Why has the Northern Star (ASX:NST) share price been heading south over the past month? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Monday
• Here are the top 10 ASX shares today
• Why is the Northern Star (ASX:NST) share price surging 6% today?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Corporate Travel Management Ltd (ASX: CTD) share price is pushing higher during mid-morning trade. This comes after the corporate travel specialist provided an update on its capital raising efforts today.

At the time of writing, Corporate Travel Management shares are 1.59% higher at $21.75 apiece.

What did the company announce?

According to the release, Corporate Travel Management has opened up a share purchase plan (SPP) following a successful placement.

Last week, the company revealed it had received overwhelming support to raise $75 million via an institutional placement. The Corporate Travel Management share price fell on the news.

About 3.6 million shares will be issued at a price of $21.00 per share. This represents a 5.8% discount to the last traded price of $22.29 before the announcement on 14 December.

The company decided to allow its remaining shareholders to participate in a $25 million SPP based on the same terms.

Eligible investors will be able to apply for up to a maximum amount of $15,000 worth of new shares.

The closing date for the SPP will fall on 20 January 2022, and the results will be announced on 25 January.

The funds raised under the placement will be used to support the acquisition of Australian-based travel distribution company Helloworld Travel Ltd (ASX: HLO).

This consists of $100 million in cash and $75 million in shares. The latter will be escrowed for 12 months from the date of completion.

Management believes the acquisition will be highly complementary to its existing Australian and New Zealand corporate travel management operations.

About the Corporate Travel Management share price

Over the past 12 months, the Corporate Travel Management share price has rallied around 24% higher.

On valuation grounds, Corporate Travel Management presides a market capitalisation of roughly $3.06 billion, with approximately 140.43 million shares outstanding.

The post Why is the Corporate Travel Management (ASX:CTD) share price rising today? appeared first on The Motley Fool Australia.

More reading

• How high will ASX travel shares fly in 2022?
• Why Afterpay, Corporate Travel, Dubber, and EML shares are falling
• ASX 200 (ASX:XJO) midday update: BNPL shares sold off, Corporate Travel returns
• Corporate Travel Management (ASX:CTD) share price drops after raising $75m
• 5 things to watch on the ASX 200 on Friday

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Helloworld Limited. The Motley Fool Australia owns and has recommended Helloworld Limited. The Motley Fool Australia has recommended Corporate Travel Management Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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During December 2021, The Northern Star Resources Ltd (ASX: NST) share price has been under $9. It has actually dropped more than 10% since the middle of November 2021.

Northern Star is one of the biggest gold miners on the ASX, with a market capitalisation of around $11 billion according to the ASX.

Is the gold price affecting the Northern Star share price?

Resource company profits are highly impacted by the price of that commodity. It costs a mining company almost the same to extract the resource month to month, but how much money it can potentially make for the resource can change quite a bit.

If the commodity price rises, then a lot of it can turn straight into profit. However, the same can also be possible in the reverse when prices fall.

The gold price can move with just as much volatility as the iron ore price, lithium price or any other resource.

On 15 November 2021, the gold price was US$1,862 per ounce according to Goldprice.org. However, by 2 December 2021 it had fallen 5% to US$1,769 per ounce. That’s the time that the Northern Star share price fell to the lowest point this month.

Both the Northern Star share price and gold price have been rising since 2 December 2021 – the ASX miner has gone up 8%.

What next?

Northern Star has made a few different announcements recently.

At the start of the month, it announced it had agreed to convertible funding with Osisko Mining, including the exclusive right to negotiate a 50:50 joint venture at the Windfall gold project in Quebec, Canada. The C$154 million (A$169 million) loan can be converted into project equity.

This Canadian project is reportedly well advanced regarding studies, drilling and underground development. It’s expected to commence production in 2024. Northern Star said this partnership provides a de-risked entry to a high-quality gold province.

In November, Northern Star also announced it was buying Newmont Corporation’s Australian power business for US$95 million. The 110MW Parkeston Power Station and associated infrastructure primarily provides electricity to Kalgoorlie Consolidated Gold Mines (KCGM). Northern Star has bought half of KCGM. Parkeston also supplies electricity to the Kalgoorlie area through its connection to the South-West Interconnected System.

There were three areas that the company sees synergies and value. The first was infrastructure and power security and control to support the requirements of KCGM. Next, is lower power costs at KCGM. Finally, it provides further options for Northern Star to implement renewable energy.

Is the Northern Star share price good value?

UBS currently rates Northern Star as a buy, with a price target of $11.20. The broker is expecting the gold price to fall back to US$1,600 per ounce over the next 12 months.

The post Why has the Northern Star (ASX:NST) share price been heading south over the past month? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Monday
• Here are the top 10 ASX shares today
• Why is the Northern Star (ASX:NST) share price surging 6% today?

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Corporate Travel Management Ltd (ASX: CTD) share price is pushing higher during mid-morning trade. This comes after the corporate travel specialist provided an update on its capital raising efforts today.

At the time of writing, Corporate Travel Management shares are 1.59% higher at $21.75 apiece.

What did the company announce?

According to the release, Corporate Travel Management has opened up a share purchase plan (SPP) following a successful placement.

Last week, the company revealed it had received overwhelming support to raise $75 million via an institutional placement. The Corporate Travel Management share price fell on the news.

About 3.6 million shares will be issued at a price of $21.00 per share. This represents a 5.8% discount to the last traded price of $22.29 before the announcement on 14 December.

The company decided to allow its remaining shareholders to participate in a $25 million SPP based on the same terms.

Eligible investors will be able to apply for up to a maximum amount of $15,000 worth of new shares.

The closing date for the SPP will fall on 20 January 2022, and the results will be announced on 25 January.

The funds raised under the placement will be used to support the acquisition of Australian-based travel distribution company Helloworld Travel Ltd (ASX: HLO).

This consists of $100 million in cash and $75 million in shares. The latter will be escrowed for 12 months from the date of completion.

Management believes the acquisition will be highly complementary to its existing Australian and New Zealand corporate travel management operations.

About the Corporate Travel Management share price

Over the past 12 months, the Corporate Travel Management share price has rallied around 24% higher.

On valuation grounds, Corporate Travel Management presides a market capitalisation of roughly $3.06 billion, with approximately 140.43 million shares outstanding.

The post Why is the Corporate Travel Management (ASX:CTD) share price rising today? appeared first on The Motley Fool Australia.

More reading

• How high will ASX travel shares fly in 2022?
• Why Afterpay, Corporate Travel, Dubber, and EML shares are falling
• ASX 200 (ASX:XJO) midday update: BNPL shares sold off, Corporate Travel returns
• Corporate Travel Management (ASX:CTD) share price drops after raising $75m
• 5 things to watch on the ASX 200 on Friday

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Helloworld Limited. The Motley Fool Australia owns and has recommended Helloworld Limited. The Motley Fool Australia has recommended Corporate Travel Management Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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It has been a rough week for the Vulcan Energy Resources Ltd (ASX: VUL) share price, falling around 12% to its current $10.54 price point.

In early trade today, the net-zero lithium aspirant is trading 0.85% lower. Meanwhile, the company remains a considerable 57% away from its 52-week high.

An ASX filing earlier in the week is the latest development for the Vulcan Energy share price. Let’s take a closer look at the details.

Rinehart partially cashes out during Vulcan attack

The past two months have been tumultuous for Vulcan Energy and its directors. Following a scathing report from short-seller J Capital, the ASX-listed company has been busily operating in damage control mode. However, this finally came to an end on 15 December with a settlement between Vulcan and J Capital.

Momentarily the dust had settled for the clean energy company until the latest ASX filing, which might have drawn the attention of investors. The filing in question is a ‘change in substantial holding’ notice regarding the holdings of mining magnate Gina Rinehart.

According to the filing, Rinehart decided to partake in the Vulcan Energy share price sell-off. Over the course of three days between 8 November and 10 November, the billionaire sold 930,000 Vulcan shares. Based on the prices of each sale, the total value sold was $10.2 million.

This might be sounding the alarm bells for some Vulcan Energy investors. Though it’s worth mentioning Rinehart still retains more than 7 million shares worth roughly $78 million.

Vulcan Energy share price snapshot

It’s hard to paint 2021 as a bad year for the Vulcan Energy share price. Probably because in quantifiable terms it wasn’t. Since the start of the year, shares in the lithium hopeful have skyrocketed 283%.

In fact, if the company were in the S&P/ASX 200 Index (ASX: XJO) it would be the fourth-best performing share in the last year.

The post The Vulcan Energy (ASX:VUL) share price is down 12% this week. What’s happening? appeared first on The Motley Fool Australia.

More reading

• Vulcan (ASX:VUL) share price storms higher after receiving short seller apology
• Why Blackmores, Mesoblast, Vulcan, and Zip shares are sinking
• Why the Vulcan (ASX:VUL) share price is jumping again on Friday
• Why Hipages, IGO, Talga, and Vulcan shares are storming higher
• Vulcan Energy (ASX:VUL) share price shoots 12% higher on Volkswagen deal

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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While the Australian tech sector may pale in comparison to the US tech sector, that doesn’t mean there aren’t any high quality options for investors to choose from.

Two highly rated ASX 200 tech shares are listed below. Here’s why they could be in the buy zone:

Life360 Inc (ASX: 360)

The first ASX 200 tech share to look at is Life360. It is the growing technology company behind the eponymous Life360 mobile app. This increasingly popular app offers families useful features such as communications, driver safety, and location sharing.

During the third quarter of FY 2022, Life360 continued its stellar growth. It revealed the addition of a further 1.5 million monthly active users (MAU) to 33.8 million, which underpinned a 48% year on year increase in Annualised Monthly Revenue (AMR) (excluding acquisitions) to US$120.1 million.

Speaking of which, the company has recently acquired wearables company Jiobit and items tracking company Tile. Both these companies have large addressable markets and provide Life360 with significant cross and upselling opportunities.

Bell Potter is a big fan and has a buy rating and $16.25 price target on its shares.

Megaport Ltd (ASX: MP1)

Another ASX 200 tech share to look at is Megaport. It is the global leading provider of elastic interconnection services. Using Software Defined Networking (SDN), Megaport’s global platform enables customers to rapidly connect their network to other services across the Megaport Network.

They can then be directly controlled by users via mobile devices, their computer, or Megaport’s open API. At the last count, Megaport was connecting more than 2,300 customers in over 760 enabled data centres globally. And with more and more infrastructure shifting to the cloud, Megaport looks well-placed to grow its customer numbers strongly over the 2020s.

The team at Macquarie is bullish on the company’s prospects. So much so, the broker recently put an outperform rating and $24.00 price target on its shares. Macquarie believes the company is well-placed to grow ahead of consensus expectations.

The post 2 exciting ASX 200 tech shares to buy appeared first on The Motley Fool Australia.

More reading

• 2 ASX shares to buy and hold for 10 years+
• Could 2022 be the year ASX 200 tech shares get some love?
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• Top broker names the best ASX tech shares to buy in 2022

Motley Fool contributor James Mickleboro owns Life360, Inc. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Life360, Inc. and MEGAPORT FPO. The Motley Fool Australia has recommended MEGAPORT FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The amount of Polynovo Ltd (ASX: PNV) shares in the hands of short sellers has dropped recently.

Over the week ending 13 December, Polynovo shares had a 7.5% short interest.

However, in The Motley Fool Australia’s latest weekly short selling breakdown, the company’s short interest had dropped to 7.2%.

At the time of writing, the Polynovo share price is $1.51, 0.2% lower than its previous close.

For context, the S&P/ASX 200 Index (ASX: XJO) is up 0.4% this morning.

Let’s take a look at what the company’s falling short interest might mean for its long-term investors.

What does Polynovo’s short interest mean for its shares?

The amount of Polynovo’s stock held by short sellers has dipped, and it could spell good news for growth investors.

Short sellers aim to profit from a falling share price. Thus, less short selling activity probably means there’s greater confidence in the Polynovo share price among some circles.

Perhaps, the rise in apparent confidence is down to its recent performance.

Over the last 30 days, the company’s share price has gained 6.6%, boosted by good news released earlier this month.

Polynovo announced it achieved record sales for July and November on 14 December.

It is also recruiting more sales staff in the United States and its search for a new CEO is progressing well.

Additionally, experts are increasingly bullish on the company’s stock.

Macquarie recently upgraded its rating for Polynovo’s shares to ‘outperform’, slapping them with a $2.85 price target. That represents an 88% upside on the company’s current share price.

As my Foolish colleague, James Mickleboro, recently reported, the broker believes Polynovo’s NovoSorb product will be a major catalyst to its growth.

However, the company still sits among the 10 most shorted shares on the ASX. Potentially, due to the stock’s performance through 2021.

Since the start of this year, the Polynovo share price has fallen 61%. It’s likely many eyes will be on it in the new year in hopes it can correct its tumble.

The post Short interest in Polynovo (ASX:PNV) shares is easing. What does this mean? appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted ASX shares
• How might the Polynovo (ASX:PNV) share price perform in 2022?
• Why Charter Hall, Nearmap, PolyNovo, and Virtus Health are racing higher
• Here’s why the Polynovo (ASX:PNV) share price is rocketing 12% today
• PolyNovo (ASX:PNV) share price tipped to double in value

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended POLYNOVO FPO. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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