• Street Talk

Poseidon Nickel, Anteris, Alligator Energy join the raisers

Fund managers were hit with a flood of microcap equity raisings on Thursday morning, as companies moved to make the most of buoyant markets. 

• Jul 29, 2021
• Anthony Macdonald and Yolanda Redrup

• Crime

Twiggy-backed nickel miner caught in Singapore scam

A nickel miner, backed by Andrew Forrest, has become ensnared in a $1 billion fraudulent trading scheme that is being investigated by Singapore authorities.

• May 5, 2021
• Michael Roddan

• Sharemarket

The Aussie stocks ready to benefit from electric vehicles

Although many investors might be priced out of investing in stocks such as Tesla, there are other ways to get a piece of the EV action.

• Apr 14, 2021
• William McInnes

• Bulls & bears

Short sellers target Western Areas’ nickel odyssey

Short sellers are betting that Western Areas will need to raise equity to complete construction of its next nickel mine.

• Dec 14, 2020
• Peter Ker

• Street Talk

Four small cap players hunt capital injections

A bunch of ASX-listed small cap players were making the most of frothy market conditions on Thursday morning, trying to lock in a pre-Christmas equity top-up. 

• Dec 10, 2020
• Sarah Thompson, Anthony Macdonald and Tim Boyd

• Mining

Cashed-up Forrest swoops on Canadian nickel project

Andrew Forrest-owned Wyloo Metals has grabbed a big stake in Canadian company Noront and its high-grade nickel discovery in an area known as the Ring of Fire.

• Dec 7, 2020
• Brad Thompson

• Mining

50 years after Poseidon, big nickel is back

The electric car boom has brought a new buzz around nickel, reviving memories of a global investment sensation that took place two years before Elon Musk was even born, writes Brad Thompson.

• Aug 7, 2019
• Brad Thompson

Corporate watchdog puts bite on Andrew Forrest's Poseidon Nickel play

The corporate watchdog has taken the highly unusual step of referring a capital raising to the Takeover Panel in a move that threatens to derail Andrew Forrest's plan to boost his stake in Poseidon Nickel.

• Updated Sep 13, 2018
• Brad Thompson

• Street Talk

Andrew Forrest's Squadron backstops Poseidon Nickel raising

Western Australian minerals exploration company Poseidon Nickel is readying its return to the ASX-boards, with news of a $75 million equity raising.

• Aug 24, 2018
• Sarah Thompson and Anthony Macdonald

Nickel Mines hits the boards on back of China steelmaker's punt on Indonesia

Nickel Mines was an unknown private company with plenty of challenges in Indonesia. Then a Chinese steelmaker built an industrial park next door.

• Updated Aug 19, 2018
• Brad Thompson

• Rear Window

Poseidon forgets its cleansing notices

Andrew Forrest-backed Poseidon Nickel has become the latest company to fall foul of disclosure practices, having been forced to place its shares in a trading halt until a hopefully expedited Federal Court order allows them to trade again.

• Updated Mar 22, 2018
• Myriam Robin

• Iron ore

How the Rich Invest: Andrew Forrest

Andrew Forrest's latest big investment is rugby union.

• Updated Sep 13, 2017
• John Stensholt

Andrew 'Twiggy' Forrest's stake in Poseidon diluted by cash strategies

Billionaire Andrew Forrest's Poseidon Nickel stake has halved due to the embattled miner's cash conservation strategies.

• Updated Apr 27, 2017
• Tess Ingram

• Iron ore

How the Rich Invest: Andrew Forrest bulks up Fortescue holding

The value of Andrew Forrest's Fortescue holding has climbed by $3.8 billion this year but his other stocks are lagging.

• Updated Nov 9, 2016
• John Stensholt

Miners reel as Philippines threatens to suspend three-quarters of mines

Australian miners were scrambling last night to understand the extent of mine suspensions ordered by the Filipino government

• Updated Sep 27, 2016
• Peter Ker