Articles On Kidman Resources (ASX:KDR)

By Tim Boreham, Editor, The New Criterion Behind the lithium market meltdown The stronger-for-longer lithium story is not exactly panning out as such, with a global oversupply emerging and the upbeat blue sky stories supplanted by tales of...

Wesfarmers has executed its acquisition of Kidman Resources by completing a $776 million deal. The takeover has given Wesfarmers a 50 per cent interest in the Mt Holland lithium joint venture (JV) project in Western Australia, with Sociedad...

The Wesfarmers Ltd (ASX: WES) share price has risen marginally today, closing 0.6% higher at $39.91. This comes as Wesfarmers announced this afternoon that it has ‘implemented the scheme of arrangement’ under which the company has acquired...

Commodity diversification is proving to be a reliable insurance policy amongst junior explorers, as resources can be diverted from those assets that are exposed to turbulence and redirected towards a product that is thriving. This was a ke...

The Wesfarmers Limited (ASX: WES) share price is marginally lower at $39.48 on Thursday lunchtime despite the investment conglomerate announcing that the federal court has approved its deal to acquire Kidman Resources Ltd (ASX: KDR).  On S...

Wesfarmers’ $776 million bid to acquire Kidman Resources has been overwhelmingly backed by the lithium miner’s shareholders. The $1.90 per share takeover offer was approved by over 94 per cent of votes at Kidman’s shareholder meeting yester...

SHAREHOLDERS in lithium hopeful Kidman Resources have overwhelmingly voted in favour of Wesfarmers' offer of A$1.90 per share cash as the ...

The scheme of arrangement remains subject to court approval next Thursday.

Is the Wesfarmers Ltd (ASX: WES) share price a buy? The Wesfarmers share price has drifted lower since the initial positive reaction to the company’s FY19 result release which included a final dividend of $0.78 per share on top of all the...

Australia remains the star performer when it comes to the lithium supply chain; the country exported 1,376k tonnes of lithium by volume in 2018. Australia hosts 17 per cent of the world’s lithium and is till now the biggest exporter. Howeve...

Wesfarmers Ltd (ASX: WES) released its FY19 report this morning and declared a dividend much bigger than expected. Here’s what you need to know… About Wesfarmers Wesfarmers is a 100-year-old conglomerate which at various times has owned and...

Orocorbe Ltd (ASX: ORE) and Galaxy Resources Limited (ASX: GXY) shares tumbled yesterday as industry reports continue to suggest the lithium price has been on a steady downward trajectory. There’s no benchmark, spot or futures-based exchan...

Is the Wesfarmers Ltd (ASX: WES) share price a buy? One of the main benefits that investors point to about blue chips is that they are more reliable and suffer less during market volatility. That argument can certainly be made about Wesfar...

What’s happening in the Lithium market? Orocobre Limited had recently on 24 July 2019, notified about the falling lithium chemical prices in the seaborne market in its latest Quarterly update for the period ended 30 June 2019. Accordingly,...

Nothing sparkles as bright as a good gold story. And what better place to be than Kalgoorlie-Boulder when Aussie gold is trading above a jaw-dropping $2100 an ounce. Welcome to this year’s rendition of the Diggers & Dealers Mining Foru...

A lot of ‘mum and dad’ or retiree investors prefer ‘blue-chip’ shares due to the perception that they’re less volatile or ‘safer’ compared to the mid cap or small-cap end of the market. To an extent this is true as the larger a company is...

In this article, we would discuss the two stocks from the Metals & Mining sector. On 24 July 2019, S&P/ASX 300 Metals & Mining (Industry) Index closed at 4,732.4, down by 36.9 points or 0.77%. Importantly, both the stocks are co...

Western Areas is currently benefiting from a surge in the nickel price, although there are questions over whether the increase is sustainable in the short term. -Nickel reserves and resources increase at both Flying Fox and Spotted Quoll...

Is the Wesfarmers Ltd (ASX: WES) share price worth buying today? The Wesfarmers share price is close to its all-time high after the divestment of Coles Group Limited (ASX: COL), although it still holds a sizeable portion of it. The Wesfarm...

ShareCafeGold Miners Shine As ASX Posts Flat Week The Australian stock market is heading for a weak opening today as US investors staged an interest rate cut snit on Friday and sent Wall Street lower on the day and week. That was after the...

The Western Areas Ltd (ASX: WSA) share price went up more than 5.3% today after it revealed its June quarter report. Western Areas, which was founded in 1999, is one of Australia’s largest nickel producers, as well as other base metal explo...

Do you know that Lithium, one of the simplest, smallest and oldest elements, is never found alone? It is found in traces in nearly all igneous rocks and in several mineral springs and needs to be isolated from other minerals. Moreover, the...

Book Value of Equity Per Share (BVEPS) is the sum each common equity shareholder receives at the time company goes into liquidation. In other words, it is equivalent to firm’s net asset value, i.e. total assets minus total liabilities, on a...

Is the Wesfarmers Ltd (ASX: WES) share price a buy? The old conglomerate is one of the best ASX blue chips to consider in my opinion. It has been operating for over a century and show no signs of stopping its evolution. One of the main thi...

Creating a buzz in the market, consumer discretionary stocks have hit a record high in the S&P 500 during 2019. Stocks like Amazon and GoPro have been outperforming in the market, and market experts are anticipating a rise in their perf...

In a game of poker, blue chips are regarded to be the most valuable chips. On the similar lines, in financial terms, blue-chip stocks refer to the shares that pertain to a company that is well-established, is financially stable and has sust...

The Wesfarmers Ltd (ASX: WES) share price is sitting at $36.07 today, but may have a fair way to fall over the next 12 months if the expert analysts at Goldman Sachs are on the money. The analysts attended Wesfarmers’ June 13 investor day,...

Every professional or ‘mum and dad investor is always searching for ways to improve their returns. One factor most experienced investors will talk about is the idea that it’s just as important to avoid the losers as it is to buy the winner...

Argonaut analyst, James Wilson has pointed to some promising aspects that have emerged from Classic Minerals’ (ASX:CLZ) latest drill campaign at the Forrestania Gold Project in Western Australia. CLZ have 80% of the gold rights and Hannans...

It is now 139 months since the all-time high of 6873 points on the All Ordinaries Index set back in 2007- the longest period in time that our market has taken to make a new all-time high following a bear market. In the last 60 years, the lo...

Is the Wesfarmers Ltd (ASX: WES) share price a buy? The Wesfarmers share price is up 14% over the past six months, but that also includes a 7.5% decline over the past week. Over the past year Wesfarmers has seriously shifted its business mo...

According to Global Industry Classification Standards; Consumer Discretionary & Consumer Staples are two broad sectors which include a couple of sub-industries. Consumer Discretionary sector includes Automobiles & Components, Consum...

ShareCafeIs Wesfarmers Losing Retail Focus? It was a tough day for retailers associated with Wesfarmers yesterday. The company revealed up to yet another downgrade for its Kmart-Target mid-level department store chain and the supermarket ch...

Online retailer Catch Group is the purchase of the day for Wesfarmers, expected to enhance the offering from Kmart and Target. -New verticals have recently been introduced by Catch -Replaces potential future capital expenditure to impro...

ShareCafeWho Is The Next Takeover Target? The takeover activity at the top end of town is permeating down to the small to mid-sized sector, raising the perennial question of who might be next to garner interest from cashed-up or merely oppo...

Australia’s leading retailer, Wesfarmers Limited (ASX: WES) has announced the acquisition of Australian online retailer, Catch Group Holdings Limited for a total value of $230 million. On 12th June 2019, Wesfarmers communicated that it has...

The Wesfarmers Ltd (ASX: WES) share price has pushed higher in morning trade after announcing a new acquisition. At the time of writing the conglomerate’s shares are up 0.5% to $38.73. What did Wesfarmers announce? Just a couple of weeks af...