Author - Sequoia Direct

Cardinal (ASX:CDV) increases takeover offer for Nordgold: Aus shares 0.3% lower at noon

11 Dec 2020 - The Australian share market opened lower and continued this down trajectory for the first part of the session. Just over half of the sectors are trading lower this morning. Energy however, has managed to buck the trend, rising 1.7 per cent as the iron ore price edged higher. Nordgold has increased its takeover offer for Cardinal Resources (ASX:CDV). The all cash offer price under the unconditional on-market takeover offer has been increased from $1.00 to...

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Cyclopharm (ASX:CYC) on pathway to US sales

11 Dec 2020 - Cyclopharm Limited (ASX:CYC) CEO & Managing Director James McBrayer talks about USFDA approval for Technegas, the company's USA commercialisation plan, and opportunities beyond its key diagnostic market for pulmonary embolism.

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CSL (ASX:CSL) halts Aussie vaccine after false HIV positives: Aus shares to open lower

11 Dec 2020 - Aussie shares are set for a dip at the open following a lacklustre finish on Wall Street. Shares in vacation rental online marketplace Airbnb more than doubled after listening on the Nasdaq last night. Meanwhile, iron ore continues to improve. CSL’s (ASX:CSL) Phase 1 Covid vaccine trial with the University of Queensland will not progress to Phase 2 after the drug caused participants to have “false positive” readings for HIV.

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