The Alcidion Group Ltd (ASX: ALC) share price is deep in the red today after exiting its trading halt this morning.

Shares in the company opened around 14% lower and have remained at that level, trading at 27.5 cents apiece at the time of writing.

Let’s take a look at why the Alcidion share price is struggling today?

What is Alcidion up to?

Alcidion returns to the market today after a capital raise to fund an acquisition. As reported earlier this week, the healthcare technology company is taking over UK company Silverlink PCS Software Limited.

The company has now completed the share placement and the institutional part of the entitlement offer.

The capital raise included a $30 million share placement of 120 million new shares, while the institutional entitlement offer raised $13.4 million via the issue of 53 million new shares.

Shares were offered at 25 cents apiece. That’s a 21.9% discount on the final closing price before the raise of 32 cents.

Managing director Kate Quirke has taken up 1 million shares, worth $250,000, as part of the institutional entitlement offer.

The retail entitlement offer will start next week.

Management commentary

Commenting on the capital raise, Quirke said:

We are pleased to have successfully completed the institutional placement and accelerated institutional component of the non-renounceable entitlement offer.

We are grateful for the continued support of our key existing investors, and we welcome a number of new shareholders onto our register.

Alcidion share price snapshot

Investors have recorded gains of more than 48% in 2021. In the past 12 months, the Alcidion share price surged by roughly 37%.

Alcidion reached a yearly high of 49 cents in June, while January delivered the yearly low of 18 cents.

The company’s total market capitalisation is about $288 million at the time of writing.

The post Why is the Alcidion (ASX:ALC) share price down 14% today? appeared first on The Motley Fool Australia.

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The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Alcidion Group Ltd. The Motley Fool Australia has recommended Alcidion Group Ltd. 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 Camplify Holdings Ltd (ASX: CHL) share price has been a high flyer over the past 6 months. During this time, shares in the peer-to-peer digital marketplace for recreational vehicle (RV) owners and hirers have skyrocketed 150% to $3.50 per share.

After already delivering such strong returns since the company listed on the ASX in June, spectators might be wondering if there’s still potential upside in the Camplify story.

Yesterday, Motley Fool Australia analyst Benny Ou joined our chief investment officer Scott Phillips to explore the buy case for Camplify. The coverage was part of The Motley Fool Australia’s ‘Stock of the Week‘ series on YouTube.

At the time of writing, shares in Camplify are trading 5.14% higher to $3.68. This puts the company’s share price approximately 27% below its 52-week high.

Camplify is a small-cap company with a market capitalisation of ~$117 million. Despite its small size, Benny Ou compares the ASX-listed marketplace to online rental giant, Airbnb Inc (NASDAQ: ABNB). A company that is roughly a thousand times larger in value than Camplify.

ASX-listed Camplify offers a solution to a problem

Going camping — it’s a great way to get away from it all and spend time with friends and family. For those that like to do one better than a tent, a caravan or campervan are the go-to options. However, these can cost tens of thousands of dollars — making for a significant barrier to ownership, and it makes it hard to justify if it sits unused for the majority of the time.

That’s where Camplify comes in… the company founded by Justin Hales offers a marketplace for RV rentals. This allows people to hire an RV on simple per-day pricing terms. Conversely, it provides a way for RV owners to make use of their underutilised RVs by renting them out.

While the RV rental business has been done before, Benny points out that ASX-listed Camplify has a key point of differentiation.

Ou says:

It has a digital platform, but it’s also capital light. By having this digital platform or sharing platform, it doesn’t require the cost to build or own these RVs. It doesn’t require or need to maintain rental locations, and you don’t need staff to actually be at these premises. This is in contrast to the traditional players, where they are very capital intensive.

Much like Airbnb, this business model delivers high levels of gross profit, which can be lucrative in the long term. Also in a similar fashion to Airbnb, Ou believes Camplify will benefit from network effects. As more RV owners join the platform, more hirers will be enticed by the broader selection. This is a large reason why Airbnb has successfully grown from two hosts in 2007 to 4 million hosts at present.

A reopening play

International travel is still yet to kick back into gear due to the lingering cases of COVID-19. However, this might bode well for a strong rebound in domestic tourism. Australians might be more prone to exploring the landscape on the doorstep via an RV as we are relinquished from local restrictions.

On this note, Ou highlighted the potential for ASX-listed Camplify, stating:

What we will be seeing is a lot of Australians spending a lot of their money domestically. We’ve heard there are about 200 billion dollars stockpiled by Australians that would have been spent overseas that’s going to obviously remain and spent domestically… domestic travel is still below the pre-COVID levels, so that leaves another runway of growth for it to go back to pre-COVID.

The company’s ability to deliver growth has already been demonstrated by its FY21 full-year results. Impressively, Camplify grew its gross transaction volume by 171% to $32.9 million year over year.

The opinions expressed in this article were as at December 2021 and may change over time.

The post Could Camplify (ASX:CHL) become the Airbnb of RVs? Here’s what Motley Fool analyst Benny Ou thinks appeared first on The Motley Fool Australia.

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Motley Fool contributor Benny Ou has no position in any of the stocks mentioned. 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. owns and has recommended Camplify Holdings Limited. 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 Fortescue Metals Group Limited (ASX: FMG) share price is rising as the resources giant’s green division called Fortescue Future Industries (FFI) continues to make progress on green locomotives. It’s up more than 1% at the time of writing.

A key purpose of FFI is to turn Fortescue’s operations greener and help it head towards net zero. The aim for Fortescue is to be carbon neutral by 2030 for both scope 1 and scope 2 emissions. It wants to stop using diesel across its mining fleets.

Locomotive progress

Fortescue Future Industries has said that its locomotive fleet’s decarbonisation is ramping up with the arrival of two more locomotives at FFI’s research and development facility in Hazelmere, Perth.

The two locomotives will go through further testing on the new fuel system, joining the first two which went through testing earlier this year.

Fortescue Future Industries aims to operate those trains completely on green ammonia and other green renewable fuels and technologies.

Earlier this year, the team achieved the successful combustion of blended ammonia fuel in a two-stroke locomotive.

Fortescue Chief Executive Officer, Elizabeth Gaines said:

The arrival of the additional locomotives allows FFI’s Green Team to expand their development.

Fortescue’s fleet of locomotives is a critical element in decarbonising our operations and through FFI we are investing in cutting-edge technologies to power the green mining fleet of the future.

What else is Fortescue Future Industries working on?

FFI’s team has been trialling technology in hydrogen, ammonia and battery power for trains, ship engines, haul trucks and drill rigs. It wants its trains, trucks and ships to be running on zero-pollution fuels as soon as possible.

Planning is underway to deploy a demonstration locomotive in Fortescue’s rail operations in 2022.

It has also signed various agreements and memorandums of understanding in countries like Canada, Jordan and PNG to consider green projects that can unlock new industries.

Fortescue Future Industries is being particularly active in Australia to find and fund projects that can create green heavy industry initiatives.

Just yesterday, it was announced that FFI and AGL Energy Ltd (ASX: AGL) have agreed to undertake a feasibility study to repurpose infrastructure at the Hunter Valley’s Liddell and Bayswater coal-fired power stations to generate green hydrogen from water, using renewable energy.

The Fortescue share price went up more than 3% yesterday.

FFI founder and chair, Dr Andrew Forrest, said:

FFI’s goal is to turn regional Australia into the global green energy heartland and create thousands of jobs now and so many more in the future.

Repurposing existing fossil fuel infrastructure with forward looking companies like AGL to create green hydrogen to help power the world, is the solution we have been looking for.

Green hydrogen is the only true zero-carbon, zero-methane fuel – every other type of hydrogen requires the burning of fossil fuels.

It is a practical, implementable solution that can collapse emissions and create strong economies worldwide.

The post Fortescue (ASX:FMG) share price rises amid green train progress appeared first on The Motley Fool Australia.

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• Why did the Fortescue (ASX:FMG) share price outperform its sector today?

Motley Fool contributor Tristan Harrison owns Fortescue Metals Group Limited. 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 Antisense Therapeutics Limited (ASX: ANP) share price is rising on the back of positive investor sentiment on Thursday. This comes after the company provided an update on its application for ATL1102 with the United States Food and Drug Administration (FDA).

At the time of writing, the biotechnology company’s shares are up 5.56% to 19 cents.

What did Antisense announce?

Investors are driving up the Antisense share price today following news about an extended study of ATL1102.

According to its release, Antisense has submitted the protocol synopsis for a 9-month chronic monkey toxicology study to the FDA. This is expected to support the clinical dosing of patients with ATL1102 beyond 6 months for Duchenne Muscular Dystrophy (DMD).

As such, the company is hoping to receive feedback from the FDA on the protocol in the first quarter of 2022.

In June, the FDA provided clarification on the company’s Type C guidance meeting regarding the chronic monkey study and design of a Phase IIb/III trial.

The study will run for 52 weeks in the United States and will assess muscle strength among participants.

However, Antisense is considering taking the European Phase IIb/III data to the FDA to support a future marketing application.

Antisense hopes the information will be enough to get ATL1102 approved without further trials.

In addition, the FDA has previously granted a Rare Paediatric Disease Designation to ATL1102 for the treatment of DMD. Should its European trial be successful, Antisense could receive a rare pediatric disease priority review voucher from the FDA.

This is provided the company receives the green light for ATL1102 before 30 September 2026. If granted, it could sell the priority review voucher and use it as a source of non-dilutive capital. The value of these vouchers ranges from US$80 million to US$150 million.

About ATL1102 and the Antisense share price

Founded in 2000, Antisense develops and commercialises antisense pharmaceuticals for patients suffering from rare diseases.

Antisense is developing ATL1102, an antisense inhibitor of the CD49d receptor, for DMD patients.

Antisense recently reported promising Phase II trial results showing a significantly reduced number of brain lesions in patients with relapsing-remitting multiple sclerosis (RRMS).

Over the past 12 months, the Antisense share price has almost doubled, up 90%.

The post Antisense (ASX:ANP) share price accelerates 5% on FDA news appeared first on The Motley Fool Australia.

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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. 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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As most investors would know, finding an ASX share that can beat the market is a hard enough task in itself. The goal of most investors is to outperform the S&P/ASX 200 Index (ASX: XJO) (or similar index) over time.

If you don’t, you’re left with the slightly awkward position of being better off investing in an index exchange-traded fund (ETF). So finding an ASX share that is a market beater, that’s one thing. But finding an ASX share that turns out to be a multi-bagger, that’s the Holy Grail!

So how does one find shares that can double your money a few times over?

That’s the question that Livewire Markets asked fund manager Luke Winchester, of small-cap focused Merewether Capital, in a recent interview. It makes for some interesting reading.

Expert tells us what to look for in a multi-bagger ASX share

So, Winchester tells Livewire that the first thing to look for is growth coming through ‘three levers’:

What you really want to find is that growth coming through, I guess, in three levers, which is the top-line revenue growth, but that’s also filtering through to margin expansion, which means the profits are growing faster.

But then what really drives those big multi-bagger moves is when the multiple the market is paying for the business expands as well.

We all like to assume a growing company will just ‘keep on growing’, but Winchester says that you have to keep your eye on the ball:

…my rule of thumb is to avoid looking too far into the future. Two to three years is where most people can get an accurate forecast. Beyond that, you’re probably crystal-ball gazing, particularly for a microcap, because these are volatile businesses.

Look for the slow burn

Winchester points out that many people look at Afterpay Ltd (ASX: APT) or Xero Limited (ASX: XRO) and want a quick repeat performance. But he says that most investors should lower their expectations:

Afterpay is the post child of that multi-bagger effect. The adoption of the product was so quick, and the share price and the business itself just exploded. That’s a once in a lifetime stock for people.

When I see people talk about the next Afterpay, or even the next Xero, which is a slower burn, I take a step back. They genuinely are once in a lifetime stocks for people if you did get in early and hold all the way.

My multi-baggers are probably much more boring than an Afterpay. It’s not that explosive growth. It’s not 10 bags in a few years. But it’s sustainable growth.

So there you have it. An expert’s opinion on how to find a multi-bagger ASX share. Not all of will be able to find the ‘next Afterpay’ or even the one after that. But there’s no harm in trying.

The post How to snare a multi-bagger ASX share: expert 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. owns and has recommended AFTERPAY T FPO and Xero. The Motley Fool Australia owns and has recommended AFTERPAY T FPO and Xero. 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 Irongate Group (ASX: IAP) share price has been put in the freezer as the company undergoes a capital raise to fund its latest acquisitions.

The real estate investment trust (REIT) is purchasing a Western Australian industrial park and a 50% stake in a Victorian office building.

To pay for the acquisitions, the company has initiated a $50 million placement. While that’s happening, the Irongate share price is halted at its previous close of $1.66.

Additionally, the company has updated its guidance for financial year 2022.

Let’s take a closer look at what’s going on with the REIT on Thursday.

Irongate share price halted ahead of acquisitions

The Irongate share price is frozen today as the company undergoes a placement wherein new shares are offered for $1.55 a piece.

That represents a 6.3% discount on the company’s previous closing price.

The raised funds will partly go towards purchasing the stake in the office building for $130 million. Some will also go towards the industrial property’s $26 million acquisition.

The remaining costs will be funded using a new tranche of debt under Irongate’s existing syndicated debt facility. The facility is provided by Westpac Banking Corp (ASX: WBC) and Australia New Zealand Banking Group Ltd (ASX: ANZ).

According to the company, the acquisitions fall into its strategy of purchasing good quality industrial properties with strong tenant covenants and suburban office properties located near key infrastructure.

The industrial property – Bibra Lake – was built in 2015 and covers 16,861 square meters of lettable area across 8 warehouses. It’s located 16 kilometres south of the Perth CBD.

Irongate CEO, Graeme Katz commented on the property, saying:

We have been able to secure the property off-market at an acquisition yield of 5.8%, which provides an attractive spread to the eastern seaboard states, where industrial assets are currently commanding yields of 4.00% – 4.75%.

The office building – the Cremorne Property – is brand new and comprises 19,798 square metres of lettable area across 9 levels. It’s made up of office accommodation, ground floor retail, and 145 car parks.

It’s in Melbourne’s fringe office market, 2 kilometres south-east of the Melbourne CBD.

Commenting on the acquisition of the Cremorne Property, Katz added:

The Cremorne Property provides us with an opportunity to improve the overall quality of the portfolio in a market we are familiar with. The property was developed by Alfasi Group who will maintain a 50% interest in the property.

Guidance upgrade

The Irongate share price might also be commanding attention today following the company’s guidance upgrade for financial year 2022.

After the acquisitions, Irongate expects its funds from operations per security growth to be between 6% and 7%, in line with consensus.

Additionally, the company’s dividends per share are expected to grow from 2.5% to 3%. That represents the top end of its previously provided guidance.

Finally, Irongate’s pro forma gearing is expected to be approximately 34.3% following the acquisitions and placement.

That’s in line with its target gearing range of between 30% and 40%. That provides further debt capacity for committed development expenditure and further growth opportunities.

Right now, the Irongate share price is 28% higher than it was at the start of 2021. It has also gained 4% over the last 30 days.

The post Irongate (ASX:IAP) share price halted amid cap raise and $156m property deals appeared first on The Motley Fool Australia.

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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. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking Corporation. 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 Domino’s Pizza Enterprises Ltd (ASX: DMP) share price is suffering today despite the company reaching an “important” milestone in Japan.

The company is now the only pizza chain to have a national footprint in Japan. It now has stores in all 47 of the country’s districts.

At the time of writing the Domino’s share price is $123.33, which is 1.07% lower than its previous close.

Let’s take a closer look at today’s news from the pizza chain.

Domino’s share price slides on Thursday

Domino’s achieved this milestone by opening its 862^nd Japanese store – the first one in the Shimane district.

Domino’s also announced it is on track with its goal to have 2,000 stores in the island country by 2033.

Domino’s CEO and managing director, Don Meij, says the company has changed its approach in the Japanese market.

Meij commented:

Less than three years ago we operated 550 stores and were not present in more than 10 prefectures. We highlighted that our business model at the time did not allow us to reach some of these territories – that has now changed.

Asia-Pacific CEO, Josh Kilimnik, also commented on the company’s achievement, saying it is an “important milestone” and “another step on our way to building out the opportunity we have in Japan”.

Kilimnik says:

We know from looking across the retail and quick service restaurant market that most brands don’t get true national recognition until they have more than 1,000 stores, and we are well on our way…

What’s most important is what it means for our customers – we can now serve more people a hot, freshly prepared meal, safely, delivered fast, because we are closer to their homes.

The Domino’s share price is 40% higher than it was at the start of 2021. It has also gained 5% over the past 30 days.

The post Domino’s (ASX:DMP) share price dips despite “important” milestone in Japan appeared first on The Motley Fool Australia.

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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. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Dominos Pizza Enterprises 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 Playside Studios Ltd (ASX: PLY) share price is soaring today after an update on a successful share purchase placement.

At the time of writing, Playside shares are trading up 1.8% at 85 cents after hitting an intraday high of 87 cents around noon.

Playside is Australia’s largest public listed video games developer working on entertainment for mobile, PC, virtual reality and augmented reality.

What is Playside up to?

In today’s release, Playside informed investors it had received an overwhelming response to its share purchase plan.

The offer was oversubscribed, with the company receiving $12.97 million. Eligible shareholders had been invited to buy shares for 75 cents up to a maximum of $30,000 per shareholder with a total cap of $3 million.

The directors have now conducted a scale-back of the shares, meaning investors will receive a refund on some shares purchased.

The company said it would use the funds for a new studio on the Gold Coast, research and development, intellectual property and licensing fees.

This follows Playside’s announcement yesterday of a significant new deal with Shiba Inu Games, and a string of deals with influential international players including a partnership with US-based One True King.

Commenting on the share purchase plan, Playside CEO Gerry Sakkas said:

We are very pleased with the applications received under the share purchase plan and would like to thank our existing shareholders for their ongoing support.

Playside share price snap shot

In the past 12 months, the Playside share price has surged more than 174%. The company’s share price reached a 52-week high of $1.03 in November. The yearly low was 26 cents in December last year.

Playside commands a market capitalisation of roughly $11 million at the time of writing.

The post Here’s why the PlaySide (ASX:PLY) share price is lifting today appeared first on The Motley Fool Australia.

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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 South32 Ltd (ASX: S32) share price is pushing higher again on Thursday.

In afternoon trade, the mining giant’s shares are up 1% to $3.83.

Why is the South32 share price rising this week?

Investors may have been bidding South32 shares higher today in response to a bullish broker note out of Morgans this week.

According to the release, the broker has upgraded the company’s shares to an add rating with an improved price target of $4.10.

Based on the current South32 share price, this implies potential upside of 7% for investors over the next 12 months.

But it gets better. Morgans is forecasting a fully franked 26.5 cents per share dividend in FY 2022. This represents a yield of 6.9%, bringing the total return on offer to approximately 14%.

What did the broker say?

Morgans made the move after factoring the acquisition of a 45% interest in the 180,000 tonne per year Sierra Gorda copper operation in Chile into its estimates.

The broker believes this is a solid acquisition and notes that it introduces copper, molybdenum, and gold to the mining giant’s diversified portfolio. Furthermore, it is expected to be immediately earnings accretive.

It is the diversity it bring that Morgans finds particularly attractive. Especially in comparison to other mining giants such as BHP Group Ltd (ASX: BHP), Rio Tinto Limited (ASX: RIO), and Fortescue Metal Group Limited (ASX: FMG).

The broker explained: “We upgrade our recommendation on S32 to Add, from Hold, seeing an attractive investment proposition of upside to our target, an attractive 7.6% [6.9% now] dividend yield FY22F, and capacity to keep pursuing new growth. S32 also boasts superior diversification compared to its fellow ASX mining peers (with BHP divestments in oil & gas and coal, RIO’s oversized iron ore exposure, and FMG’s single exposure to iron ore and ground-floor entry into renewables).”

The post Why Morgans upgraded South32 (ASX:S32) shares to a buy rating 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 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 Talga Group Ltd (ASX: TLG) share price is rising on Thursday following the company’s drilling results.

During afternoon trade, the battery anode company’s shares are swapping hands for $1.54, up 11.59%.

What did Talga announce?

Investors are sending the Talga share price higher after the company reported further drilling results from its wholly-owned Vittangi Graphite Project in Sweden.

In its announcement, Talga revealed spectacular graphite results from six new drill holes of the 56-hole program completed earlier this year. As such, the latest downhole intercepts include:

• 90 metres at 30.8% graphite (Cg) from 155 metres (drill hole NUS21008);
• 43 metres at 30.9% Cg from 154 metres (drill hole NUS21007);
• 36 metres at 25.3% Cg from 80 metres (drill hole NUS21013); and
• 26 metres at 37.6% Cg from 159 metres (drill hole NUS21012).

The company noted that all holes have now been successfully intersected, targeting graphite units at the Nunasvaara South deposit. The program strategically identified growth targets across Europe’s largest and the world’s highest grade JORC graphite resource.

Recently, the European Union defined natural graphite as a ‘critical mineral’ for downstream refining into greener Li-ion battery anodes for electric vehicles. This undoubtedly will benefit Talga’s integrated lithium-ion battery anode production facility which is under development in Sweden.

The company expects the remaining assay results from the drilling program to be received between December 2021 and early 2022.

Talga managing director, Mark Thompson commented:

The high grade and large scale of our 100% owned Vittangi graphite deposits are truly world class and provide a unique opportunity to make massive amounts of anode for batteries from minimal volumes of ore.

Across the length of the Nunasvaara South deposit, just 1 metre depth of extracted ore can feed 1 year of planned 19,500tpa anode production. This makes Vittangi a strategically important resource for global battery manufacturing and decarbonisation efforts.

Talga share price recap

In the back end of 2020, Talga shares accelerated to reach an all-time high of $2.15 following positive investor sentiment. However, since then, its shares have traversed mostly sideways, registering a loss of 13% in the last 12 months.

Based on today’s price, Talga has a market capitalisation of $469.24 million, with 304.70 million shares on issue.

The post Talga (ASX:TLG) share price surges 12% on ‘spectacular’ drilling results appeared first on The Motley Fool Australia.

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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. 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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