BEACH ENERGY ORD
Weekly Wrap: Markets edge as Rio-Glencore talks spark change in mining bid
Rio Tinto slides 6% on Glencore all-stock merger talks; BlueScope up 2% after rejecting a $30 offer. ASX 200 drifts -0.1% as deal news dominates.
Gina Rinehart puts oil and gas back in the investment frame
Follow the money is always good advice, as is invest like the rich, so when you combine money and an unfashionable investment by an ultra-rich person such as iron ore billionaire Gina Rinehart, you could be on a winner, even if it’s in the politically incorrect business of oil and gas. Always prepared to back […]
Strike Energy might be the next target in WA’s billionaire gas game
The battle of the billionaires for control of Warrego Energy (ASX: WGO) in Western Australia’s gas-rich North Perth Basin is heading towards a showdown but the war is likely to continue because Warrego might not be the main game. A second and bigger battle could follow with Strike Energy (ASX: STX), one of the current […]
Australian billionaires are investing in energy
Invest like the rich is advice, which nearly always works, because most rich people have a knack for growing their fortunes – something small investors can learn from the latest financial adventures of three mining billionaires. Amassing a collective fortune of more than $65 billion, Gina Rinehart, Andrew Forrest and Chris Ellison have generated the […]