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22/04/2020 Argonaut Morning Note

    Home Stockbroking & Research Morning Notes 22/04/2020 Argonaut Morning Note
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    22/04/2020 Argonaut Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 22 April, 2020 | 0

    Key News Overnight:

    Oil prices continued to collapse overnight with Brent crude futures falling to a 20-year low.

    Stock markets tumbled throughout US and Europe, with the S&P500 dropping 3.07% overnight, while the FTSE100 shed 3% and Germany’s DAX fell 4%.

    RBA Governor Philip Lowe suggested GDP could contract by 10% this half, and the unemployment rate could spike to 10%.

    In This Issue:

    Orocobre (ORE) | Qtr Update | Not covered | No rating

    Beach Energy (BPT) | Qtr Update | Not covered | No rating

    Alkane Resources (ALK) | Further drill results extend Bodo discovery| Not covered | No rating

    Recent Research:

    Gold Road Resources (GOR) | Swick (SWK) | Sandfire Resources (SFR) | De Grey Mining (DEG) | Atrum Coal (ATU) | Valmec (VMX) | SRG Global (SRG) | OZ Minerals (OZL) | Hot Chili Ltd (SFR)

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