The Santos Ltd (ASX: STO) share price went up more than 3% following the oil and gas ASX share‘s news about its Barossa project.

Santos has been trying to get approval for its huge new project for a while, but it has faced challenges. It may now have received the victory needed in court.

What happened?

Santos noted that the Federal Court of Australia ruled on the case of Munkara v Santos NA Barossa Pty Ltd (No.3).

This decision was in favour of Santos, as the Court dismissed the application and discharged the injunction that prevented pipelaying activity south of the ‘kilometre 86 (KP86)’ point along the Barossa gas export pipeline.

Based on that ruling, and in accordance with the ‘environment plan’ in force, Santos will continue pipelaying activity for Barossa.

According to reporting by the Australian Financial Review, a group of Tiwi Islanders had said the pipeline and associated concrete would endanger Indigenous cultural heritage sites, damaging “Sea Country, dreaming tracks, songlines and areas of cultural significance including burial sites and animal habitats.”

The AFR reported Santos had presented conflicting evidence that there were no specific underwater places on the proposed pipeline route, according to beliefs of other Tiwi Islanders consulted by the oil and gas giant’s cultural heritage expert witness.

What is the Barossa project?

The Barossa project is an offshore gas project that would mean more gas going into the Darwin liquified natural gas (DLNG) facility in the Northern Territory. It’s approximately 285km north-west of Darwin.

Up to eight subsea wells are planned to be drilled in the Barossa field. The proposal for Barossa suggests water depths of between 130m to 350m for the offshore development.

The approximate liquefied natural gas (LNG) production rate was 3.7 million tonnes per annum, with an approximate condensate product rate of 1.5 million barrels per year. It could have an operating life of approximately 25 years. The initial first gas was targeted at 2023, but that has clearly been delayed.

Santos share price snapshot

Today’s rise has ensured the Santos share price is now in the green, up 2.75% year to date.

The post Santos shares storm higher on $5.7 billion approval appeared first on The Motley Fool Australia.

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More reading

• Here are the top 10 ASX 200 shares today
• Looking to buy cheap ASX shares? Why Santos could fit the bill
• These 3 ASX 200 shares are ‘significantly undervalued’ by the market
• Here’s how the ASX 200 market sectors stacked up this week
• 6 ASX 200 stocks trading on attractive P/E ratios right now

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 Scott Phillips.

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The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

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Motley Fool contributor Sebastian Bowen 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 positions in and has recommended Super Retail Group. The Motley Fool Australia has recommended Elders, Jb Hi-Fi, and Premier Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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After spending all day in the green, the S&P/ASX 200 Index (ASX: XJO) posted a last-minute fall on Tuesday, dropping 0.05% to close at 7,259.9 points.

It followed a mixed performance on Wall Street overnight. The Dow Jones Industrial Average Index (DJX: .DJI) dropped 0.4% in Monday’s session, while the S&P 500 Index (SP: .INX) traded flat and the Nasdaq Composite Index (NASDAQ: .IXIC) rose 0.5%.

Among the sectors leading the Aussie bourse on Tuesday was the S&P/ASX 200 Financials Index (ASX: XFJ). It rose 0.8%.

The S&P/ASX 200 Real Estate Index (ASX: XRE) also outperformed, rising 0.6%, while the S&P/ASX 200 Energy Index (ASX: XEJ) climbed 0.4% after oil prices lifted 0.5% overnight.

But not all had such a good day’s trade. The S&P/ASX 200 Industrials Index (ASX: XNJ) slumped 0.5%, with the Qantas Airways Limited (ASX: QAN) share price its biggest weight.

The stock fell 2.1% after the airline forecast it would post a record profit for financial year 2023.

So, with all that in mind, let’s dive into today’s top-performing ASX 200 shares.

Top 10 ASX 200 shares countdown

Taking out the top spot on Tuesday was the Paladin Energy Ltd (ASX: PDN) share price. It rose 5.3% despite only silence from the company’s camp.

These shares made today’s biggest gains:

ASX-listed company	Share price	Price change
Paladin Energy Ltd (ASX: PDN)	$0.695	5.3%
Block Inc (ASX: SQ2)	$91.95	4.49%
New Hope Corporation Limited (ASX: NHC)	$5.33	3.5%
Tabcorp Holdings Ltd (ASX: TAH)	$1.13	3.2%
Telix Pharmaceuticals Ltd (ASX: TLX)	$11.84	3.14%
TechnologyOne Ltd (ASX: TNE)	$15.75	0.43%
Silver Lake Resources Ltd (ASX: SLR)	$1.06	2.42%
Megaport Ltd (ASX: MP1)	$5.69	2.34%
Macquarie Group Ltd (ASX: MQG)	$180.27	2.1%
Charter Hall Social Infrastructure REIT (ASX: CQE)	$2.96	2.07%

Our top 10 shares countdown is a recurring end-of-day summary to let you know which companies were making big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most heavily traded ASX 200 shares on Tuesday
• Which ASX 200 bank shares were just downgraded by Morgan Stanley?
• Why Catapult, OFX, TechnologyOne, and Zip shares are charging higher
• 3 ASX 200 stocks rocketing to never-before-seen heights today
• Guess which ASX 200 tech share just hiked its dividend 10%

Motley Fool contributor Brooke Cooper has no positions in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Block, Megaport, and Technology One. The Motley Fool Australia has positions in and has recommended Block and Macquarie Group. The Motley Fool Australia has recommended Megaport and Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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An ASX rare earths share that is also looking for lithium has exploded more than 200% in a month.

The Voltaic Strategic Resources Ltd (ASX: VSR) share price has soared 238% since market close on 18 April from 2.1 to 7.1 cents.

Today, Voltaic shares are jumping 12.7%. In contrast, the S&P/ASX 200 Materials Index (ASX: XMJ) is sliding 0.22%.

Let’s take a look at this ASX rare earths share in more detail.

What’s going on?

Voltaic is exploring battery and precious metal projects in Western Australia and Nevada, United States. This includes rare earth elements (REE), lithium, gold and Nickel-Copper-Platinum Group Elements.

Investors appear to have been buying up shares in this ASX rare earths share amid exploration results in the past month.

Voltaic advised the market last week of a “significant rare earths” system at the Neo prospect within the Paddys Well project in WA.

This included grades of up to 10,072 ppm total rare earth elements (TREO) including mineralised REE intercepts up to 78 metres from surface.

Commenting on this news, Voltaic CEO Michael Walshe said:

The results provide unequivocal evidence for the presence of a large REE clay system at Neo,
with individual metre values up to 1% TREO, high tenor ‘magnet REE’ percentages up to 30%, and
very large, mineralised intercepts up to 78m in width.

We are now eagerly awaiting the results of the metallurgical testing on the clays to determine their preliminary economic viability.

Meanwhile, on 3 May, the company advised it had started drilling at the Andrada Prospect within the Ti Tree Lithium Project in Western Australia.

The company said this is an “emerging critical minerals” hotspot.

On 17 May, Voltaic said “multiple thick pegmatites” had been intersected at this project. Phase one drilling at the site is now complete with assay results expected within the next several weeks.

Voltaic relisted on the ASX on 5 October following a $4.55 million capital raise.

Voltaic share price snapshot

The Voltaic share price has risen 202% in the year to date and 31% in the last week alone.

This ASX rare earths share has a market cap of about $26 million based on the latest share price.

The post Guess which ASX rare earths share has rocketed 238% in a month. Hint: not Lynas appeared first on The Motley Fool Australia.

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• 3 ASX resources shares exploding over 65% on Tuesday
• Guess which ASX mining stock is booming 126% on a new lithium discovery

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 Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) seems to be having a bouncy, yet overall positive day of trading so far this Tuesday. After yesterday’s decidedly negative start to the trading week, the ASX 200 is back in the green at this point of the trading day, with the ASX 200 currently boasting a gain of 0.06%. That puts the index at just under 7,270 points. 

Let’s hope it lasts. But time now to dig a little deeper into these pleasing market moves by taking stock of the shares currently at the top of the ASX 200’s share trading volume charts right now, according to investing.com. See if you can spot a theme today.

The 3 most traded ASX 200 shares by volume this Tuesday

Core Lithium Ltd (ASX: CXO)

First up this Tuesday is ASX 200 lithium stock Core Lithium. A notable 11.45 million Core Lithium shares have made their way across the ASX boards at the time of writing. There hasn’t been any fresh news out of Core Lithium itself this session.

But even so, Core Lithium, like most other ASX lithium shares, is not enjoying the spoils of the market’s good mood today. In contrast to the ASX 200’s decent performance, Core Lithium shares have shed a sad 1.2% today, dragging the company down to $1.07 a share. Perhaps investors have taken note of the recent bearish broker ratings that my Fool colleague Bronwyn covered this afternoon.

It’s this chunky slide in value that is probably behind this high trading volume on display here.

Pilbara Minerals Ltd (ASX: PLS)

Next up is another ASX 200 lithium stock in Pilbara Minerals. A hefty 18.45 million Pilbara shares have swapped hands as it currently stands on the markets thus far. We haven’t heard much out of Pilbara either.

So this elevated volume might be again the result of the negative share price movements we are witnessing with Pilbara stock this session. In this case, the company has shed 0.62% so far, putting Pilbara at $4.78 a share at present. Perhaps investors can blame those broker comments again.

Sayona Mining Ltd (ASX: SYA)

Finally this Tuesday, we have yet another ASX 200 lithium share in Sayona Mining. Pilbara and Core Lithium’s peer has seen a significant 25.7 million of its shares change owners on the markets thus far.

And once again, it looks as though a share price sell-off is to thank for this chunky figure. In Sayona’s case, this stock has shed a nasty 4.26% of its value today, leaving the company at 22.5 cents per share. With a fall of that size, it’s no surprise to see so many Sayona shares take to the skies today.

The post Here are the 3 most heavily traded ASX 200 shares on Tuesday appeared first on The Motley Fool Australia.

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More reading

• Which ASX 200 bank shares were just downgraded by Morgan Stanley?
• Which ASX lithium shares could be next to appear on the takeover radar?
• 2 ASX 200 lithium stocks just downgraded by a top broker
• 5 things to watch on the ASX 200 on Tuesday
• Is it time to be a bull or a bear on Core Lithium shares?

Motley Fool contributor Sebastian Bowen 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 Scott Phillips.

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If you’re looking to invest in some ASX exchange traded funds (ETFs), then you may want to look at the two listed below.

These ETFs provide investors with access to exciting tech companies from across the globe. Here’s what you need to know about them:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF for investors to look at is the BetaShares Asia Technology Tigers ETF.

This ETF gives investors exposure to the tigers of the Asian region. These are the region’s equivalent of companies like Google, Facebook, and Amazon. This includes Alibaba, Infosys, JD.com, Kakao, Meituan, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent.

In respect to Tencent, it is the multinational technology company best known for its WeChat app, which has over a billion users. This super app allows users to text message, voice message, order food, shop, video conference, play video games, and make payments.

Whereas Pinduoduo is an e-commerce platform provider with an active customer base of over 500 million. Its platform connects distributors with consumers directly through an interactive shopping experience, allowing shoppers to team up to buy items in bulk at lower prices.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another exciting ASX ETF for investors to consider buying is the BetaShares Global Cybersecurity ETF. This ETF gives investors exposure to the leading companies in the global cybersecurity sector.

You only need to look at recent cyberattacks to see that online threats are getting greater and smarter. While this may not bode well for internet users, it does for the companies in the fund. These include both global cybersecurity giants and emerging players.

Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, Palo Alto Networks, and Splunk.

CrowdStrike, for example, is the company behind the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred.

The post 2 excellent tech ETFs for ASX investors to buy this month appeared first on The Motley Fool Australia.

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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 positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The big four ASX 200 bank shares are in the green today, along with the S&P/ASX 200 Index (ASX: XJO).

But top broker Morgan Stanley isn’t too confident about the short-term trajectory of bank shares. 

As reported in The Australian, the broker has cut its 12-month price target on all of the big four ASX 200 bank shares, and downgraded its rating on two of them.

Let’s find out why. 

Broker pessimistic about ASX 200 bank shares  

Morgan Stanley has cut its rating on National Australia Bank Ltd (ASX: NAB) shares to underweight.

It has also cut Westpac Banking Corp (ASX: WBC) shares to equal weight.

At the same time, the broker has slashed its 12-month price targets on the big four ASX 200 bank shares.

It cut its price target on NAB shares by 9% to $25.30 and cut the target on Westpac shares by 8% to $21. 

Morgan Stanley also reduced its price target on ANZ Group Holdings Ltd (ASX: ANZ) shares by 2% to $25.20 and on Commonwealth Bank of Australia (ASX: CBA) shares by 4% to $82.

Morgan Stanley has made the changes because it thinks the outlook on margins is too optimistic, particularly for NAB and Westpac.

Analyst Richard Wiles says: 

The benefit of large rate hikes and highly favourable deposit pricing comfortably offset mortgage head-winds and drove average margin expansion of +19bp for the major banks in late 2022.

However, we expect margins to fall by an average of 15bp over the next 18 months as entrenched mortgage discounting, emerging deposit competition and mix shift, and higher wholesale funding costs offset the ongoing tailwind from replicating portfolios.

How are the banks performing in 2023? 

As we reported recently, rising interest rates present both pros and cons for bank shares. 

On top of that, rumblings in the global banking sector have dampened investors’ enthusiasm. 

Here’s what has happened to the share prices of the big four banks so far in 2023. 

• The ANZ share price has ascended 4%
• The Commonwealth Bank share price has slipped 1.5%
• The Westpac share price has fallen 6.7%
• The NAB share price has tumbled 9.3%.

The Reserve Bank has raised interest rates 11 times since May 2022. The cash rate is currently 3.85%.

The post <strong>Which ASX 200 bank shares were just downgraded by Morgan Stanley?</strong> appeared first on The Motley Fool Australia.

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More reading

• Here’s how I’d start earning passive income by investing $5 a day in ASX shares
• The NAB dividend forecast has grabbed my attention!
• CBA shares are in ‘uncharted valuation territory’ and could crash: broker
• ‘Attractive value & dividend’: 2 alluring ASX 200 shares to buy now
• 5 things to watch on the ASX 200 on Tuesday

JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Motley Fool contributor Bronwyn Allen has positions in Commonwealth Bank of Australia, Westpac Banking Corporation, and ANZ Group Holdings Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended JPMorgan Chase. 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 Scott Phillips.

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If you’re keen to invest in ASX dividend shares to begin earning some handy passive income alongside potential share price gains, you don’t need a whole heap of cash to begin.

In fact, you can start building your regular passive income stream with just $5 a day.

Here’s how I’d go about it.

You don’t need a fortune to begin earning a passive income

First, I’d set aside that $5 each day to invest in fully franked S&P/ASX 200 Index (ASX: XJO) dividend shares.

I’d stick with ASX 200 stocks for a few reasons. Namely, they tend to be less volatile, there’s more readily available research on their performance and outlook, and many have a long track record of making two dividend payouts each year.

All good boxes to tick for that reliable passive income I’m after.

I’d also stick with the fully franked ASX dividend stocks. That’s because I want the 30% tax credit from what the companies have already paid on their profits when it comes my time to give the ATO their pound of flesh.

And the reason I’m setting aside $5 each day rather than immediately investing it into ASX dividend shares mostly boils down to brokerage fees.

On the online trading account I use, I pay $10 for every transaction less than $1,000.

So, to keep those fees from eating into the passive income I’m after, I’d wait at least 60 days between making new investments, so I could buy at least $300 worth of shares at a time.

Which ASX 200 dividend shares to target?

There are a large number of ASX 200 dividend shares paying juicy, fully franked trailing yields.

Do be aware, though, that those trailing yields are derived from the past 12 months of payouts. Future yields may be higher or lower, depending on a range of company-specific and wider macroeconomic factors.

With that said, I’d begin to build my passive income portfolio by spreading my investments across at least three stocks operating in three different sectors.

As my portfolio grows in value I’d look to expand both the number of stocks and the sectors they operate in. That greater diversity will help reduce my overall risk they all turn down together.

So, up first we have JB Hi-Fi Ltd (ASX: JBH).

The ASX 200 consumer discretionary share paid out a record interim dividend of $1.97 per share on 3 October. Together with the final dividend of $1.53, paid on September 9, that works out to a full-year payout of $3.50 per share.

At the current JB Hi-Fi share price of $45.13, that equates to a trailing yield of 7.8%.

Next, I’d look to Woodside Energy Group Ltd (ASX: WDS) to bulk up that passive income stream.

The ASX 200 oil and gas stock delivered a record $2.154 final dividend, paid on 5 April. Together with the interim dividend of $1.60, that equates to a full-year payout of $3.754 per share.

At the current Woodside share price of $35.14 per share, that works out to a trailing yield of 10.7%.

And the third stock I’d target for passive income with my $5 a day is Australia and New Zealand Banking Group Ltd (ASX: ANZ).

The ASX 200 bank stock paid a final dividend of 74 cents per share on 15 December and declared an interim dividend of 81 cents per share. ANZ shares traded ex-dividend last Monday, 15 May. Eligible shareholders will see the interim dividend land in their bank accounts on 3 July.

With a total 12-month payout of $1.55 and currently trading for $23.76 per share, ANZ trades on a fully franked trailing yield of 6.5%.

By investing just $5 a day I’ll have invested $1,825 by the end of the first year (minus some modest brokerage fees).

If I split that evenly between these three stocks I’d earn a yield of 8.33%.

Or a handy $152 in annual passive income from my daily $5 investments, with potential tax benefits.

And, of course, I’ve also aimed to choose stocks that will see their share prices go higher atop those juicy dividend returns.

The post Here’s how I’d start earning passive income by investing $5 a day in ASX shares appeared first on The Motley Fool Australia.

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More reading

• Which ASX 200 bank shares were just downgraded by Morgan Stanley?
• ASX 200 energy shares charging higher as G7 nations stress ‘important role’ of gas
• Woodside share price lifts as Germany flags need for ‘new gas power stations’
• Here’s what ANZ’s iron ore forecast could mean for the BHP share price in 2023
• Are Woodside shares the greatest dividend buy of the ASX 200?

Bernd Struben 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 Jb Hi-Fi. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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With so many blue chip ASX 200 shares for investors to choose from, it can be hard to decide which ones to buy.

To help narrow things down, I have picked out two that analysts at Citi rate as buys right now. They are as follows:

CSL Limited (ASX: CSL)

When it comes to blue chip ASX 200 shares, there are few that can compare to CSL.

It is one of the world’s leading biotechnology companies, comprising the CSL Behring, CSL Vifor, and Seqirus businesses. These are leaders in their field and collectively generate strong revenue and earnings whatever is happening in the economy.

This could make CSL a particularly good option in the current uncertain economic environment.

Citi certainly believes this is the case. It currently has a buy rating and $350.00 price target on its shares. Its analysts note that this price target “implies CSL should trade on an FY25 PE of ~28x, in line with the 10-year average.”

Goodman Group (ASX: GMG)

Another high-quality blue chip ASX 200 share that could be a buy is Goodman Group.

It is a leading integrated commercial and industrial property company that has $80.7 billion of total assets under management and a work in progress (WIP) pipeline valued at $13 billion. The company notes that the latter has high pre-commitment with its WIP 64% committed and completions for the 9 months 99% leased.

This shouldn’t come as a big surprise, though. Management also highlights that demand remains very strong thanks to the “scarcity of assets and the complex planning and delivery environment for new space.”

It is partly for this reason that analysts at Citi “see potential for GMG to generate consistent high-single to low-double digit earnings growth over the medium term.”

The broker currently has a buy rating and $24.30 price target on Goodman’s shares.

The post Here’s why analysts rate CSL and this top blue chip ASX 200 share as buys appeared first on The Motley Fool Australia.

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• 5 ASX 200 shares to buy according to brokers
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Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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ASX All Ords tech share Weebit Nano Ltd (ASX: WBT) is trading 1.83% higher today at $5.57 per share.

The S&P/ASX All Ordinaries Index (ASX: XAO) is also up 0.12%.

Weebit Nano is a developer of advanced semiconductor memory technology.

The head of its research and development activities is Dr Yoav Nissan-Cohen, who is an executive director on the board. 

According to a notice lodged with the ASX, Dr Nissan-Cohen has sold 300,000 Weebit Nano shares after converting 300,000 unlisted options. 

Let’s take a look at the details. 

$2 million payday ASX All Ords tech director 

The off-market trade took place on 16 May and netted just over $1.97 million.

The sale price of the Weebit shares was $6.57. 

The timing was fortuitous, given the ASX All Ords tech share has fallen 17% since the day of the trade. 

As the chart below shows, Weebit shares hit a new 52-week high of $9.03 on 10 March. 

Then came the catastrophic fall to just $4.56 by 27 March. Yikes! 

The ASX All Ords share was smashed after the company announced a heavily discounted fully underwritten institutional placement to raise $45 million and a non-underwritten share purchase plan (SPP) to raise up to an additional $10 million on 23 March. 

The likely bugbear that investors had with this plan was the offer price of $5 per share.  

The ASX tech stock went on to recover by 73% over April and May to hit a high of $7.89 on 11 May before starting to drift down again. 

Nissan-Cohen acquired the 300,000 shares on 10 May by converting 300,000 unlisted options into ordinary shares. 

He converted 230,000 unlisted options at 54 cents per share and 70,000 unlisted options at 82.3 cents per share. 

Options are a common form of remuneration for key executives in listed organisations. They are typically granted alongside a base salary and performance rights. 

Nissan-Cohen retains 670,000 unlisted options and 80,000 performance rights in the ASX All Ords tech company.

The post <strong>Why did this ASX All Ords director just offload $2 million in shares?</strong> appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen 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 Scott Phillips.

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