WES
Wesfarmers Ltd
Director Trades
| Date | Director | Value |
|---|---|---|
| M. Chaney | $2,820,819 | |
| F. von Oertzen | $68,110 | |
| SIMON WILLIAM (BILL) ENGLISH | $6,110 |
Company News
Budget brands thrive during cost-of-living crisis
One of the interesting trends to come out of the just completed Australian profit season was the ability of budget brands that delivered well to successfully turn profits despite – or perhaps because of – the cost-of-living crisis. One of the clearest examples was Kmart, which enjoyed a 4.4% increase in sales at a time […]
Want to buy some cut-price shares?
What would your reaction be if I told you I could get you some shares at a price that is significantly less than what they are actually worth? Well, most people would say here is a wheelbarrow, fill it up with shares but as always there is something of a catch. It is possible to […]
Wesfarmers pours $45m into Ora Banda Mining’s lithium discovery
One of Australia’s largest listed companies, Wesfarmers (ASX: WES), has agreed to invest an initial $26 million into Ora Banda Mining (ASX: OBM) for a share of its significant new Western Australian lithium discovery. Ora Banda has agreed to enter into a binding farm-in agreement with Wesfarmer’s 100% wholly-owned Brenahan Exploration Pty Ltd (BEPL) to […]
Wesfarmers health subsidiary to acquire Silk Laser Australia for $180m
Wesfarmers (ASX: WES) wholly-owned subsidiary Australian Pharmaceutical Industries (API) has entered into a scheme of arrangement to acquire skin treatment franchise Silk Laser Australia (ASX: SLA). The acquisition will be priced at $3.35 per share, for an implied equity value of $180 million based on 53.76 million fully diluted shares. It allows for the payment […]
ASX appoints first female CEO, Woodside and BHP Petroleum complete merger and NAB confirms $1.2bn acquisition
ASX Limited (ASX: ASX) has announced an internal candidate, Helen Lofthouse, is set to take over as the new chief executive officer following a four-month international search. Ms Lofthouse will be the first woman to run the ASX since it was founded in 1987, being promoted to the top job from group executive, a position […]
Rocketing fertiliser prices forecast to continue amid war and surging cost of fuel
As the Russian and Ukraine war continues to play out, almost every sector is feeling the ripple effect, with energy prices among the first to surge, but fertiliser products and their raw ingredients aren’t far behind – attracting substantially higher prices. Russia and Belarus contribute 40% of traded volumes annually in the potash market, a […]
Huge battle brewing over the future direction of pharmacies in Australia
During the COVID-19 pandemic, a trip to the pharmacy became one of the few shopping highlights that was allowed during the many lockdowns. However, it wasn’t just shoppers who were taking notice of the central role pharmacies play in retailing but also the big companies that own massive chunks of our existing retail chains. Wesfarmers […]
Get bigger or pay money to shareholders – the choice facing companies
It has been a great time to be a shareholder with Australian companies increasingly stuffed with cash which they will now be looking to put to use. Those shareholders may selfishly hope that a lot of that cash will be heading in their direction – either in the form of bumper dividends or share buybacks […]
Manganese: the next hot battery metal
Move over lithium, graphite, cobalt and copper: manganese is fast emerging as the next battery metal story to titillate investors. The back story is similar: with manganese usage dominated by China and supply emanating from largely unattractive or unreliable geographies, western world car and batter makers are desperate to get their paws on the processed […]
Wesfarmers’ subsidiary Decipher licences Pointerra’s 3D data technology
Wesfarmers’ (ASX: WES) Decipher business will licence Pointerra’s (ASX: 3DP) 3D data technology to provide unique insights to customers across agriculture, waste and mining sectors. According to Pointerra, the licencing agreement will generate revenue through its data as a service, and analytics as a service lines, and initially bring in US$5,000 per calendar month. Both […]
Company Videos
No videos found.