The COB from ausbiz

We drop the mic on a monthly high; get prepped for a blockbuster week of US quarterlies


Listen Later

Hallelujah! Evergrande has avoided the dreaded default on its dollar-denominated bonds and everyone's happy. Back home and the S&P/ASX 200 closed the week up just 0.10 points Today's biggest gainer was Healius (HLS) for a second straight day off the back of its Q1 earnings result. In total contrast, Lynas reported a decline in revenues (blame COVID-19) and Aurizon adding more heat to the M&A frenzy inking a $2 billion dollar deal to quire One Rail. Neither result was loved by investors. Regional bond yields are on the rise while thermal coal futures are down nearly 40% in just three days. And a big shout out our fellow Victorians, who are finally out of lockdown. Enjoy your weekend of newly found freedom!  


Plus there's never been a better time to support local business! Listen in for some hot food and drink recommendations to enjoy with your mates 🍾


Our top three VODs:

Ready, Tech, buy, hold, sellWilsons' two ASX reopening playsFiretrail's Macintyre on why he is more bullish on Lynas, Aristocrat despite COVID-19 hit


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