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The Metalstech Ltd (ASX: MTC) share price had a stellar day on the market today. The micro-cap ASX mining share surged 13.95% to close at 24.5 cents.

So why did this miner of lithium, cobalt, and gold have such a good day?

Let’s take a look.

Gold update

The Metalstech Ltd (ASX: MTC) share price exploded today. Investors appeared to react positively to an update released before market open this morning.

The company provided a drilling update from its 100%-owned Sturec gold mine in Slovakia.

Metalstech said diamond core drilling is continuing to “progress well” during the Slovakian winter. Explorers are completing a drill hole known as UGA-30 within drill chamber three. Metalstech said the drilling has targeted areas “both within and outside” the existing mineral resource boundary.

The company expects to report a “significant batch” of drill results in the future. Construction of a fourth drill chamber is also underway.

In the announcement that drove up the Metalstech share price today, the miner said:

The company is currently working with an independent consultant to model a JORC exploration target for the historic mineralisation identified outside the current Sturec Mineral Resource Estimate area, including Wolf, Katerina, Volle Henne and Vratislav where extensive historical drilling and production has occurred.

The company has also engaged Measured Group to complete a scoping study based on a high grade, low impact, bulk underground mining operation at Sturec focussing on the higher grade zones within the mineral resource estimate.

Metalstech said this scoping study is going well and earmarked for completion in April. Finally, the company provided an update on the gold price.

It said the gold price is trading above US$1,980 per ounce. The company noted multiple analysts are increasing long-term forecasts to more than US$2,000 per ounce.

Metalstech share price snapshot

The Metalstech share price has leapt 90% in a year but has fallen nearly 14% year to date.

In the past month, Metalstech shares have slipped by nearly 6%, while they are surging 28% over the past week.

MetalsTech has a market capitalisation of about $41.7 million based on its current share price.

The post This tiny ASX mining share surged 14% today. Here’s why appeared first on The Motley Fool Australia.

More reading

• VAS is the ASX’s most popular ETF. But where are the tech shares?
• Bitcoin price edges higher as potential European crypto mining ban flops
• Why did the Archer Materials (ASX:AXE) share price crumble 7% today?
• Own Wesfarmers (ASX:WES) shares? Here’s how the numbers are looking in the API takeover vote
• Uniti (ASX:UWL) share price rockets 31% after confirming takeover approach

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 Bitcoin (CRYPTO: BTC) price is up 1.6% since this time yesterday.

The world’s first digital token is currently trading for US$38,797 (AU$53,998). That gives it a market cap of just over US$736 billion.

The muted reaction of the Bitcoin price to the European Union’s voting down of banning proof of work (PoW) crypto mining may come as a surprise to some enthusiasts.

How the EU vote could have impacted the Bitcoin price

As Euro News reported, yesterday (overnight Aussie time) the European parliament’s economic and monetary affairs committee voted down a last-minute amendment to its draft Markets in Crypto Assets (MiCA) legislation.

That amendment would have all but banned the type of PoW mining activity that Bitcoin relies on.

When China banned crypto mining last year, the Bitcoin price fell more than 45% between May and August. Prices then recovered into November when Bitcoin reached all-time highs.

The global annual energy use of Bitcoin mining using PoW is approaching the annual energy use of all of Australia. And in sustainable focused Europe, that’s been drawing some heat amongst legislators.

Still the amendment failed to make it onto the draft crypto regulation legislation, which passed on to the next stage without the PoW mining ban.

What the industry insiders have been saying

eToro’s crypto expert Simon Peters warned of “huge” implications if the amendment were to pass.

The bill would have required “miners to submit environmental sustainability compliance plans. Failing to submit them would prevent their operation within the EU. The implications of this are huge – the EU is a major jurisdiction for crypto mining and crypto more generally, with over 10% of global bitcoin hash power emanating from the region,” Peters said.

While not turbocharging the Bitcoin price today, the failed passage of the amendment will come as welcome news to many crypto enthusiasts, including those at crypto wallet provider Ledger.

Prior to the vote, the company said (quoted by Euro News):

Individuals and organisations should be free to choose the technology most appropriate to their needs. Policymakers should neither impose nor discriminate in favour of a particular technology. This is deeply concerning and would have serious consequences for Europe.

The post Bitcoin price edges higher as potential European crypto mining ban flops 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 Bitcoin. The Motley Fool Australia wns and has recommended Bitcoin. 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 Archer Materials Ltd (ASX: AXE) share price sunk on Tuesday, closing 7.37% in the red at 88 cents.

Investors offloaded Archer shares at a trading volume almost double the company’s 4-week average with more than 961,000 shares changing hands.

Today, the materials technology company released an announcement regarding its “operations and growth”. The post was labelled non-price sensitive although investors didn’t appear to react positively to it.

What did Archer announce?

The premise of the announcement was to provide shareholders with an update on the company’s progress on its operations and growth, Archer said.

The company raised $25 million in October to execute its growth strategy which involves “domestic and international capabilities in advanced semiconductor design, fabrication, and prototyping”.

Archer also noted it has proceeded to gain access to the Australian Nanofabrication Facility, UNSW Sydney node.

The facilities should help Archer transition from single device-oriented research and development towards small-batch, high-resolution fabrication of nanodevice prototyping.

As part of its biochip development, the company’s researchers are preparing for “automated testing” across various other genomic facilities in Sydney.

It also recently expanded its Sydney offices to include “The Quantum Terminal”. According to Archer, the terminal is a co-working space that houses organisations within quantum technology, high-performance computing, and artificial intelligence technology spaces.

As well, it will be attending the AusMedtech conference in Melbourne during May 2022 and the BIO international conference in San Diego, scheduled for June 2022.

The market appears to have reacted poorly to the update with investors continuing to offload shares until the closing bell.

Aside from that, the ASX tech sector continued its weakness today, with the S&P/ASX All Technology Index (ASX: XTX) finishing down less than 1% today, taking it 24% lower year to date.

This sector weakness also appears to be plaguing Archer’s share price as part of a longer-term downtrend.

Archer Materials share price snapshot

The Archer Materials share price is down more than 14% in the past 12 months and 22% this year to date.

It’s fallen 16% in the past month alone.

At its current share price, the company has a market capitalisation of $219 million.

The post Why did the Archer Materials (ASX:AXE) share price crumble 7% today? appeared first on The Motley Fool Australia.

More reading

• Chips ahoy! Here’s why the Archer Materials (ASX:AXE) share price is leaping 5%

Motley Fool contributor Zach Bristow 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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Investors owning Wesfarmers Ltd (ASX: WES) shares may want to know about the progress that the company is making towards acquiring the Australian Pharmaceutical Industries Ltd (ASX: API) business.

API shareholders are headed towards a meeting later this week to vote on the offer by Wesfarmers to buy the whole business. This meeting will be held virtually because of COVID-19.

In the absence of a superior proposal and subject to the independent expert continuing to conclude that the scheme is in the best interests of API shareholders, each API director recommends that API shareholders vote in favour of the scheme and intends to vote in favour of the takeover.

What’s the latest on the votes on the Wesfarmers bid for API?

According to reporting by the Australian Financial Review, close to a third of API’s register had voted at the start of this week, with most shareholders being in favour of the deal. However, a few institutional investors have suggested that the takeover offer could have been higher.

Reaching the 30% of shares voted milestone implies that API and Wesfarmers are around halfway through the 60.5% needed for the deal’s approval due to the fact that Wesfarmers owns 19.3% of API.

There is still a bit of uncertainty about the overall total because other shareholders include fund managers which may decide “at the last minute” and there are also pharmacists within the voting blocks.

Last month, the Federal Court of Australia approved a meeting of API shareholders to consider and vote on the scheme. In February 2022, it was also announced that the ACCC would not oppose the API acquisition because of the ongoing competition from players like Chemist Warehouse, Coles Group Ltd (ASX: COL) and Woolworths Group Ltd (ASX: WOW)

How much is the bid?

The initial takeover offer from Wesfarmers was an offer of $1.38 per share. However, that was then raised to $1.55 per share in September 2021.

Wesfarmers and API have entered into a scheme implementation deed that allows for the payment of fully franked dividends up to a maximum of $0.05 per API share, which included the 2 cents per share final dividend declared by API for FY21. The cash consideration of $1.55 would be reduced by the cash component of any such dividends.

The record date for the proposed special dividend date is 25 March 2022.

Why is Wesfarmers buying API?

For Wesfarmers, this acquisition will provide an “attractive opportunity to enter the growing health, wellbeing and beauty sector.”

The giant ASX retail share sees opportunities to invest in and strengthen the competitive position of API and its community pharmacy partners by expanding ranges, improving supply chain capabilities and enhancing the online experience for customers.

The post Own Wesfarmers (ASX:WES) shares? Here’s how the numbers are looking in the API takeover vote appeared first on The Motley Fool Australia.

More reading

• Why my 2 biggest ASX shares are about to disappear: fund manager
• Is the Wesfarmers (ASX:WES) share price a buy for the 5% dividend yield?
• 3 blue chip ASX 200 shares analysts are tipping as buys
• What’s the difference between lithium hydroxide and spodumene and which ASX shares are involved with each one?
• Broker names 3 of the best ASX 200 shares to buy in March

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 owns and has recommended COLESGROUP DEF SET and Wesfarmers 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 Uniti Group Ltd (ASX: UWL) share price is shooting even higher after returning from its trading halt in late trade.

This morning the telco’s shares were up 17% before being hurried into a trading halt.

The Uniti share price has now returned to trade and is up a whopping 31% to $4.13.

Why is the Uniti share price racing higher?

Investors were bidding the Uniti share price higher this morning amid speculation that the telco was a takeover target.

This speculation has now been confirmed as being accurate following the release of an announcement out of Uniti this afternoon.

According to the release, titled Project Oatmeal, the company has entered into exclusive discussions with Morrison & Co. in relation to a $4.50 cash per share takeover proposal. This represents a 43% premium to Uniti’s last close price.

However, management has warned that these discussions are non-binding, preliminary, highly conditional, and uncertain as to an outcome.

Furthermore, the indicative proposal is subject to a number of conditions. These include satisfactory completion of the bidder’s confirmatory due diligence, unanimous recommendation of the transaction from the Uniti Board, and entry into a mutually acceptable scheme implementation agreement.

The latter contains customary exclusivity terms, conditions precedent (including but not limited to FIRB), prescribed occurrences, break fee provisions, and receipt by Morrison & Co of its required internal investment approvals.

The exclusivity period runs until 22 April. In the meantime, Uniti will keep shareholders updated in accordance with its continuous disclosure obligations. It also advised that shareholders should not take any action in relation to the proposal.

The post Uniti (ASX:UWL) share price rockets 31% after confirming takeover approach 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 recommended Uniti Group 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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Yesterday we looked at three ASX shares brokers have given buy ratings to this week.

Unfortunately, not all shares are in favour with them right now. Three that have just been given sell ratings are listed below. Here’s why these brokers are bearish on these ASX shares:

Evolution Mining Ltd (ASX: EVN)

According to a note out of Macquarie, its analysts have downgraded this gold miner’s shares to an underperform rating with a $4.30 price target. Although Macquarie has increased its gold price forecasts, it isn’t enough to stop the downgrade to underperform. The broker made the move on valuation grounds following a decent rise by the Evolution share price since the end of January. The Evolution share price is currently trading at $4.36.

Magellan Financial Group Ltd (ASX: MFG)

Another note out of Macquarie reveals that its analysts have retained their underperform rating and slashed their price target on this fund manager’s shares by over a third to $12.40. This follows the release of another funds under management update which revealed that it continues to experience heavy fund outflows. Macquarie sees little scope for its shares to re-rate given its belief that material outflows are likely to persist for several quarters. The broker is now forecasting second half fund outflows of $28.5 billion. The Magellan share price is fetching $13.92 today.

Rio Tinto Limited (ASX: RIO)

Analysts at UBS have retained their sell rating and $90.00 price target on this mining giant’s shares. While the broker believes the acquisition of the remaining 49% stake in Turquoise Hill will be a positive for the operation of Oyu Tolgoi operation, it isn’t enough to a change of rating. It continues to see the risk/reward for iron ore as skewed to the downside. The Rio Tinto share price is trading at $106.91 this afternoon.

The post Leading brokers name 3 ASX shares to sell today appeared first on The Motley Fool Australia.

More reading

• Why are ASX 200 mining shares having such a dire day?
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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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Shares in resources giant IGO Limited (ASX: IGO) are heading lower, trading 5.92% in the red at $11.75 apiece at the time of writing.

Whilst there’s been nothing market sensitive out of the company’s camp this past week, its share price is down 10% in that time.

The company did, however, release an update regarding its proposed acquisition of Western Areas Limited (ASX: WSA). Whilst the announcement isn’t market sensitive, it’s still worth a look.

What did IGO announce yesterday?

The company provided an update on its proposed scheme of arrangement in acquiring Western Areas. IGO said both parties are taking a closer look at the details after the price of nickel soared to record heights on 8 March.

The company had previously announced the proposed acquisition back in December last year.

In response to nickel’s price rally, IGO said that it, Western Areas, and an independent expert are “continuing to consider the implications, if any, on nickel market fundamentals and expectations for medium to long-term nickel prices”.

As a result of the process, there will be a slight change in the scheme’s timetable. A first court hearing will now be in April 2022, whereas the implementation date is set for May/June 2022, according to the update.

The review is important, IGO says, because its valuation of $3.36 in cash per share for Western Areas is “based on IGO’s long term view of the nickel market fundamentals and price, which has not changed”.

Despite the recent rally in nickel, the company says it won’t be revising anything in response.

“IGO has no obligation, nor any current intention to increase the consideration in response to these short-term events (although it reserves its right to do so),” the company remarked.

“IGO acknowledges the recent short-term volatility in the [London Metals Exchange] LME nickel market and price, which is primarily attributed to the Russian invasion of Ukraine, which in turn has reportedly created the need for a large industry participant to manage a nickel short position on the LME.”

Despite the outcome, IGO’s share price has continued to slip this week and has fallen off its previous high of $13.07 on 9 March, just two days after the trading activity on the LME.

Trading volume is also less than 50% of its 4-week average during today’s session and it appears the bears have it with IGO at the moment.

IGO share price summary

In the last 12 months, the IGO share price has climbed around 83% and is up 3% this year to date.

In the past week, it has slid more than 9%, taking a 3% hit over the last month of trading.

The company has a current market capitalisation of around $8.9 billion.

The post Why is the IGO (ASX:IGO) share price down 10% in a week? appeared first on The Motley Fool Australia.

More reading

• Why are ASX 200 mining shares having such a dire day?
• Four ASX nickel shares are in the green today. Here’s why
• 5 things to watch on the ASX 200 on Wednesday
• Up 17% this month, why the IGO (ASX:IGO) share price can keep gaining: broker
• The price of nickel is soaring and these ASX mining shares are cashing in

Motley Fool contributor Zach Bristow 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 S&P/ASX 200 Index (ASX: XJO) has reversed some of yesterday’s gains so far this Tuesday and is currently well into negative territory. At the time of writing, the S&P/ASX 200 Index (ASX: XJO) is down by 0.72% at just under 7,100 points.

But rather than dwelling on that sobering statistic, let’s instead check out the shares currently at the peak of the ASX 200’s volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume on Tuesday

Incitec Pivot Ltd (ASX: IPL)

Fertiliser and chemicals company Incitec Pivot is first up this Tuesday. Today has seen a healthy 16.15 million Incitec shares trade on the market at this point in time. There haven’t been any new developments out of this ASX 200 share so far today.

Saying that, the Incitec Pivot share price has had a big drop. It’s currently down by a nasty 2.9% at $3.69 a share. This is probably what has sparked the trading volumes we are witnessing.

Pilbara Minerals Ltd (ASX: PLS)

ASX 200 lithium producer Pilbara is next up today. We have currently seen a notable 19.86 million Pilbara shares bought and sold today. Again, we haven’t seen any news out of the company itself.

However, Pilbara has also suffered a nasty share price fall as it currently stands. Pilbara has endured a rather horrible 7.2% sell-off thus far and is currently sitting at $2.58 a share. It’s likely this steep drop is the reason why we are seeing Pilbara appear on this list.

Nickel Mines Ltd (ASX: NIC)

Last but certainly not least in terms of trading volumes, we have ASX 200 nickel share, Nickel Mines. A whopping 32.03 million of this company’s shares have swapped owners as it presently stands. That’s despite no major news out, and a flat share price at $1.15.

However, the flat share price does mask some extreme volatility we have seen with this company. Nickel Mines has had three distinct rises and falls thus far today, going as high as $1.19 a share at various points. It’s likely this volatility is behind so many shares finding a new home today. 

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

More reading

• Why are ASX 200 mining shares having such a dire day?
• These 3 ASX 200 shares are topping the volume charts on Monday
• Why Nickel Mines, Paladin Energy, Tassal, and Westgold shares are dropping
• Nickel Mines (ASX:NIC) share price slides despite Indonesian project update
• Down 14% in a month, why the Pilbara Minerals (ASX:PLS) share price is attractive right now: analyst

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 Bruce Jackson.

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There are plenty of S&P/ASX 200 Index (ASX: XJO) mining shares that are seeing painful declines today.

Let’s look at some of those declines.

The BHP Group Ltd (ASX: BHP) share price is down by 4%.

It was a similar decline for the Rio Tinto Limited (ASX: RIO), which is currently down by 3.8%.

The Fortescue Metals Group Limited (ASX: FMG) share price is down by 4.6%.

The Mineral Resources Limited (ASX: MIN) share price is currently down 4.7%.

Canadian miner Champion Iron Ltd (ASX: CIA) has seen its share price decline by 7.8%.

It’s not just iron ore miners that are suffering from the sell-off.

The Lynas Rare Earths Ltd (ASX: LYC) share price is down 7.2%.

The Pilbara Minerals Ltd (ASX: PLS) share price is down 6.5%. Elsewhere in the lithium sector, the Liontown Resources Ltd (ASX: LTR) share price is down 6% and the Allkem Ltd (ASX: AKE) share price is down almost 6%.

The Sandfire Resources Ltd (ASX: SFR) share price is down 5.6%, the IGO Ltd (ASX: IGO) share price is down 5.5% and the South32 Ltd (ASX: S32) share price is down 4.6%.

What is causing all of this negativity about ASX 200 mining shares?

Whilst most of the western world has moved into a ‘stay open’ frame of mind about COVID-19, China is taking a different approach with the Omicron variant.

The country is locking down certain regions to try to limit the spread of COVID-19.

According to reporting by various media, including the Australian Financial Review, these lockdowns are in important economic areas of China, which has shaken the confidence of investors and it will “almost certainly hit economic growth”, meaning that demand for commodities could be lower.

Shenzhen is one of the places that have been locked down, which is a city with 17.5 million people.

It’s not just ASX 200 mining shares that are being hurt during the current volatility.

There is also a concern about oil demand as well. That’s why the Santos Ltd (ASX: STO) share price is down 3.8% and the Woodside Petroleum Limited (ASX: WPL) share price is down 2.9%.   

What next?

Commodities are almost impossible to predict and share price movements are hard to forecast as well.

The BHP share price may be down 4% today, but it is still up by close to 7% in 2022 in the year to date.

Brokers at Macquarie believe that BHP shares have upside, partly thanks to strong commodity prices for nickel and copper. The Macquarie price target on BHP is $60.

The post Why are ASX 200 mining shares having such a dire day? appeared first on The Motley Fool Australia.

More reading

• Why have ASX copper shares been struggling lately?
• Why is the Fortescue Metals (ASX:FMG) share price sliding 5% today?
• ASX 200 (ASX:XJO) midday update: Uniti jumps on takeover speculation, Rio Tinto and Yancoal tumble
• Why is the BHP (ASX:BHP) share price down 4% today?
• Cash machines: 6 ASX 200 shares with the highest dividend yields right now

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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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is currently down 0.7% to 7,100.5 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

Chalice Mining Ltd (ASX: CHN)

The Chalice Mining share price is down 12% to $6.67. This follows a very poor night of trade for a number of commodities underpinning its world-class Julimar Ni-Cu-PGE Project. This includes nickel and palladium, with the latter recording a double-digit decline over the last 24 hours.

Santos Ltd (ASX: STO)

The Santos share price has tumbled 3.5% to $7.29. Investors have been selling Santos and other energy shares following a sharp pullback in oil prices overnight. Prices have dropped to around US$100 a barrel amid talks between Russia and Ukraine, as well as new COVID lockdowns in China which may dampen demand.

Yancoal Australia Ltd (ASX: YAL)

The Yancoal share price is down a sizeable 19% to $4.20. The majority of this decline is attributable to the coal miner’s shares going ex-dividend this morning for its massive 70.4 cents per share final dividend. Eligible shareholders can look forward to receiving this dividend at the end of next month on 29 April.

Zip Co Ltd (ASX: Z1P)

The Zip share price has continued its slide and is down a further 9% to a 52-week low of $1.41. This is despite there being no news out of the buy now pay later provider on Tuesday. The Zip share price has now lost a massive 67% since the start of the year and 83% over the last 12 months. But if the team at UBS is on the money, Zip’s shares could still have further to fall. It recently slapped a sell rating and $1.00 price target on the company’s shares.

The post Why Chalice Mining, Santos, Yancoal, and Zip shares are dropping appeared first on The Motley Fool Australia.

More reading

• Why is the crude oil price tumbling and which ASX 200 shares are being impacted?
• Zip share price down 6% to another 52-week low
• Why is the Yancoal (ASX:YAL) share price plummeting 17% today?
• ASX 200 (ASX:XJO) midday update: Uniti jumps on takeover speculation, Rio Tinto and Yancoal tumble
• 5 things to watch on the ASX 200 on Tuesday

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. owns and has recommended ZIPCOLTD 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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