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Claire Aitchison of Independent Investment Research provides comprehensive research coverage and commentary for listed managed investments. Here is the latest update. ....
WAM Active has hit back at Keybridge Capital’s proposed bid to take-over the fund, with its chairman telling shareholders to “throw away” any letters concerning it. ....
Why is the Webcentral (ASX:WCG) share price on a rollercoaster today? Bernd Struben | February 5, 2021 12:55pm | More on: Image source: Getty Images Webcentral Group Ltd(ASX: WCG) shares opened sharply lower in morning trade, down more than 10%. Within 30 minutes, however, the Webcentral share price had regained all those losses, only to be sliding lower again at time of writing, down 2.59% to 56.5 cents. What did Webcentral report? The Webcentral share price is all over the show this morning after the company reported that revenue from its domain registrations rose early in 2020. This came as the pandemic saw more people working from home. However, Webcentral’s revenue declined in the second half of 2020. H1 FY21 revenue from domain registration was down 4.2% relative to H1 FY20. ....