In this episode of Virtually Live, Shannon Rivkin covers: Future Generation Global (FGG), Future Generation Investment Company (FGX), Calidus Resources (CAI), Qantas (QAN), and the latest rate raise from the RBA.
In this week’s show
0:18 – General market update
3:07 – Q1: What’s up with FGG and FGX? Used to get excited and detailed comms and then there was a staffing change and ‘ crickets’. The share price also seems sad and despondent. What’s happening?
5:56 – Q2: I have held Calidus Resources(CAI) for a couple of years over which time they have explored, worked up a sizable gold resource, and now produce.. Over the last two years they have risen from circa 20c to $1 and now back at 20c for a capital raising. Any insight on what is going on here? What are the positives and negatives re participating in the raising?
8:38 – Q3: I saw Qantas (QAN) has announced the new CEO to replace Allan Joyce at the end of the year. Following the announcement, shares for the company dropped 2.5% or so. Do you think the price will fall further or was this just a temporary hiccup? Is it a buy at the current price or should I hold off for a few days and see what happens?
11:28 – Q4: What are your thoughts on the latest rate raise from the RBA? What impact do you think this will have on the market?
