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Speaker 1: Just before we head into today's episode, we'd like to

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Speaker 1: acknowledge and pay respect to Australia's Aboriginal and Torres Strait

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Speaker 1: island of peoples. They're the traditional custodians of the lands,

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Speaker 1: the waterways and the skies all across Australia. We thank

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Speaker 1: you for sharing and for caring for the land on

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Speaker 1: which we are able to learn. We pay respects to

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Speaker 1: elders past and present, and we share our friendship and

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Speaker 1: our kindness.

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Speaker 2: She's on the Money, She's on the Money, Hello, and

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Speaker 2: welcome to She's on the Money, the podcast for millennials

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Speaker 2: who want financial Freedom.

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Speaker 3: You all adored our episode earlier in the year detailing

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Speaker 3: the top five ETFs of twenty twenty one. So today

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Speaker 3: we're going to steal that fall and do the exact

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Speaker 3: same thing.

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Speaker 1: But we've got a different co host. We've got Georgia

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Speaker 1: not the producer says so look, maybe it was such

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Speaker 1: a great episode because I wasn't on it. Who knows.

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Speaker 3: We did get great feedback for Sammy Boyer, that's not

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Speaker 3: the case. I'm back in the chair.

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Speaker 1: We missed our g king asking the questions.

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Speaker 3: Thanks too well. So today, as I said, we're going

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Speaker 3: to be stealing that format, but we're looking at the

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Speaker 3: top five performing shares on the ASX two hundred from

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Speaker 3: last year, so we're moving to shared George shares.

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Speaker 1: Correct genius. Now the original guy.

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Speaker 3: Exactly my name is Georgia King and joining me to

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Speaker 3: reflect on exactly what happened last year and why is

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Speaker 3: Financial Advisor Victoria Devine the You're basically bursting out of

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Speaker 3: your boots over there, as they say, on a scale

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Speaker 3: of one to ten, how excited are you for today's episode?

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Speaker 1: Probably like an eight point three j King. I reckon

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Speaker 1: it's not a nine or a ten on the NPS

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Speaker 1: or the Net Promoter Score scale, because I don't want

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Speaker 1: people think I'm too excited. It's pretty up. You're being modest. Well,

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Speaker 1: I'm about a two. Oh wow, gee, you're so invested

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Speaker 1: in our community, their education and just being along for

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Speaker 1: the rug. Energy is a ten, and my inquisitive nature

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Speaker 1: is a ten. But I am a little nervous.

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Speaker 3: Because we are talking about the one topic that I

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Speaker 3: know very little about because I'm an ignorant little mole,

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Speaker 3: which is.

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Speaker 1: So throwing yourself further onto the bar just too much.

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Speaker 3: But I guess in terms of the structure of today's episode,

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Speaker 3: it makes sense to go from five to one.

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Speaker 1: And obviously we're just ramping up the excitement and you

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Speaker 1: guys are going to go, wow, can't believe it. The

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Speaker 1: countdown is on. It's going to be like New Years

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Speaker 1: but better. Like you know how people like do the

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Speaker 1: big countdown. It's like it's like that, but like terrible.

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Speaker 1: Exactly right. So with that said, Fee, let's get straight

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Speaker 1: into it. I reckon we get straight into it as well.

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Speaker 1: And I think it's absolutely no surprise to you guys

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Speaker 1: that I have finally convinced the whole of the Sheese

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Speaker 1: on the Money team to let me do more investing

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Speaker 1: content talk about shares, because it makes sense for us

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Speaker 1: to take that next step in our financial literacy and

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Speaker 1: make that part of our daily language. And you know

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Speaker 1: exactly what we're talking about. But the past year or

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Speaker 1: the entirety of twenty twenty one didn't turn out how

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Speaker 1: we all thought it would. Gee. I believe we called

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Speaker 1: twenty twenty that what was it the garbage fire, called

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Speaker 1: it the garbage fire, and we thought it was done.

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Speaker 1: It was not done. We had to smit back down. Yeh,

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Speaker 1: take a big slice of humble Pire because we weren't done,

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Speaker 1: and it definitely wasn't without its challenges, and overall it

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Speaker 1: did turn out to be a better year for investors

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Speaker 1: than twenty twenty did. But the same way that twenty

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Speaker 1: twenty was dominated by Covid impacting the share market, that

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Speaker 1: happened again in twenty twenty one. And I think there

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Speaker 1: was a lot more conversation in twenty twenty one about

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Speaker 1: the rising prices of inflation. We're talking about that a

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Speaker 1: lot in our community, and you know, the tightening of

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Speaker 1: our I guess bootstraps, you could say, when it came

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Speaker 1: to assets, because we were like, how long is this

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Speaker 1: actually going to go for? I think a lot of

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Speaker 1: people would have felt, okay, well, twenty twenty's over, twenty

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Speaker 1: twenty one is here now, and I'm going to be okay,

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Speaker 1: And it's kind of like, oh, actually, a lot of

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Speaker 1: us are now realizing that work from home is actually

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Speaker 1: going to be the reality, and that the world is

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Speaker 1: changing and has changed for not just the better, but

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Speaker 1: pretty significantly, and it's not going to be changing back.

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Speaker 1: And I think a lot of us, myself included, just

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Speaker 1: assumed that things might step back into what our old

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Speaker 1: reality was and that's just g now, not what's going

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Speaker 1: to happen. A lot happened in the share market, and

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Speaker 1: today we're actually going to talk about only the top

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Speaker 1: five performing shares from the Australian ASX Top two hundred.

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Speaker 1: And the reason I have chosen the ASX Top two hundred,

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Speaker 1: because obviously that top two hundred doesn't encompass international shares,

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Speaker 1: is to make things cleaner and clear and give us

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Speaker 1: the ability to talk about brand names that we've not

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Speaker 1: just heard but are on our own soil and on

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Speaker 1: our own turf. Like it's so fun to talk about Tesla,

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Speaker 1: it's so fun to talk about Apple. But those things

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Speaker 1: to me feel a little bit distant and therefore we're

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Speaker 1: not as involved. So we could talk about how well

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Speaker 1: Tesla did. Yeah, does that impact your I directly because

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Speaker 1: it's not actually our share market unless you actually invested

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Speaker 1: in it directly. Not really. But what I want to

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Speaker 1: talk about today at the top five performing shares here

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Speaker 1: in Australia that are sitting on the ASEX Top two

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Speaker 1: hundred and G. I know you cannot wait to get

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Speaker 1: into it. I am stoked, but before we do, we

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Speaker 1: probably should talk about the ASEX Top two hundred performance

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Speaker 1: across the board, right, So the ASX two hundred encompasses

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Speaker 1: two hundred of Australia's biggest companies, So the biggest companies

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Speaker 1: in Australia all make this list, and sometimes it changes out,

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Speaker 1: some drop off, some come back on, but it's pretty consistent.

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Speaker 1: And at the start of twenty twenty one, in January,

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Speaker 1: the AX start at six thousand, six hundred and eighty

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Speaker 1: four dollars and twenty five cents, so that's what it

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Speaker 1: was worth in general if you held all of them,

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Speaker 1: and then there was obviously some volatility and the very

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Speaker 1: first half of the year. It then in August, specifically

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Speaker 1: on the thirteenth of August, it hit a high for

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Speaker 1: twenty twenty one and it came in to be valued

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Speaker 1: at seven six hundred and twenty eight dollars and ninety

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Speaker 1: two cents g king on tour, which is pretty exciting

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Speaker 1: because that's obviously a fairly nice increase, But then it

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Speaker 1: did decrease, so don't be too excited. That doesn't mean

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Speaker 1: you should go out and invest in the ASEX Top

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Speaker 1: two hundred because on Friday the seventeenth of December, the

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Speaker 1: ASEX closed at seven thousand, three hundred and three dollars

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Speaker 1: and ninety seven cents, which is obviously a fair bit

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Speaker 1: higher than it was in January, which is very exciting.

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Speaker 1: So overall it has increased, but it wasn't the highest

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Speaker 1: it had been that year for a multitude of different reasons.

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Speaker 3: Okay, I was just thinking, like, this will be a

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Speaker 3: really interesting episode. I think people who were like really

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Speaker 3: across investing in shares and they'll be like, I recognize

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Speaker 3: that terminology, I know what's happening. I understand why that

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Speaker 3: share performed so well. Yeah, and then there'll be people

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Speaker 3: like my good self who will come to learn why

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Speaker 3: certain shares do perform well and how they kind of

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Speaker 3: function and the mechanics behind all of that. So really,

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Speaker 3: everybody wins. It's going to be a great episode.

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Speaker 1: Exactly everybody wins. And I think the important thing here

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Speaker 1: to note is that when I talk about the ASEX

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Speaker 1: top two hundred, I'm essentially grouping all of those shares

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Speaker 1: together into one bucket, dividing their average returns. So it

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Speaker 1: means if you were an individual investor, like you would

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Speaker 1: be had you bought these individual shares that we're talking

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Speaker 1: about today, there is absolutely no guarantee that you would

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Speaker 1: have a positive return, right Like, if you were just

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Speaker 1: picking the top ten or the top five shares that

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Speaker 1: you wanted to invest in across twenty twenty one, that

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Speaker 1: doesn't mean you would have seen a positive return. Because

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Speaker 1: some shares on the ASEX two hundred, they actually had

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Speaker 1: negative returns. Some had really really big returns, and we're

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Speaker 1: going to talk about them today, But it would be

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Speaker 1: an interesting episode just to like talk more about the

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Speaker 1: investing episodes I can do in the future. Bottom performing shares. Yeah,

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Speaker 1: who dropped the most g king? Yeah? Right now? When where?

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Speaker 2: So?

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Speaker 1: I just wanted to preface that. I mean, if you're

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Speaker 1: not an individual share investor, which at the end of

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Speaker 1: the day, I would not call myself an individual share investor,

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Speaker 1: most of my wealth that sounds so wanky, it's not

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Speaker 1: even that much money in the grand scheme of things,

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Speaker 1: but most of my money that I have invested is

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Speaker 1: actually split across to ETSG, which you would probably be

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Speaker 1: surprised about because I don't ever want to invest in

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Speaker 1: a direct share portfolio because I genuinely don't believe that

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Speaker 1: I am nearly as smart as the fund managers that

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Speaker 1: are picking stocks in ETF. Yeah, so I'm kind of like,

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Speaker 1: all right, well that works for me, But G probably

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Speaker 1: side eyeing me at the moment, because I do have

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Speaker 1: a little bit of fun on the side when it

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Speaker 1: comes to investments, Like if I see share that I'm

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Speaker 1: really excited about want to invest in, I definitely do

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Speaker 1: do that. I actually have and some of you might

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Speaker 1: know this already. Do I have an investing book coming

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Speaker 1: out in September, Yeah, which is very exciting. But this

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Speaker 1: strategy that I adopted is actually called a core satellite approach,

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Speaker 1: where I have a core investment portfolio that I believe

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Speaker 1: is like the core of my wealth creation. And for me,

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Speaker 1: those are like the slow, steady steeds that are going

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Speaker 1: to drive me forward consistently to create wealth. And then

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Speaker 1: when we talk about satellite, it's literally like a satellite

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Speaker 1: flying around the moon. And those are little investments that

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Speaker 1: I make to keep myself as an investor and as

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Speaker 1: a financial advisor nourished and engaged, right because I don't

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Speaker 1: want to go and bet all of my money on

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Speaker 1: a share that I'm like, oh, this is probably going

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Speaker 1: to do really well, and I want to have a

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Speaker 1: bit of a play with these because I'm excited about it,

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Speaker 1: but I'm not willing to bet my future wealth on that.

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Speaker 1: So I do invest in individual shares, but I also

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Speaker 1: invest in a very well diversified portfolio of ETFs. So

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Speaker 1: I feel like people, that's a bit pervy, isn't it.

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Speaker 3: That's very pervy and perhaps surprising to some listeners. Also

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Speaker 3: very much so to say that you're not as smart

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Speaker 3: as the managers of the funds, et cetera.

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Speaker 1: Oh, I mean when it comes to picking shares, I'm

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Speaker 1: obviously smarter than them different ways and spaces. So don't

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Speaker 1: don't get to ahead of me.

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Speaker 3: The other thing we should say here, V is that,

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Speaker 3: in reflecting on these top five shares from the ASX

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Speaker 3: two hundred, we're not saying that you should run out

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Speaker 3: and buy shares in these today.

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Speaker 1: Oh my god, please don't. The volatility of the shares

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Speaker 1: we are talking about today very volatile, got George. So,

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Speaker 1: volatility in the share market means the ups and downs

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Speaker 1: of the market. It is the ebbs and the flows,

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Speaker 1: and the share market is far more volatile than like

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Speaker 1: a cash investment. So SAG, you've got some money sitting

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Speaker 1: in a savings account, which I know you do, but

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Speaker 1: what that is worth is not going to change whether

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Speaker 1: it is today or it is next. Because it's a

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Speaker 1: savings account. You might get some sweet, sweet returns on

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Speaker 1: your bank account, but I guarantee they're not that high

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Speaker 1: because it's twenty twenty two and they're through the floor.

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Speaker 1: So it's not going to change that much. But when

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Speaker 1: it comes to the share market, and as you will see,

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Speaker 1: volatility can be really high, but that doesn't mean it's

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Speaker 1: more risky. But when it comes to individual shares, that

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Speaker 1: does increase your risk significantly more than picking something like

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Speaker 1: an ETF. We are absolutely not endorsing these. We are

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Speaker 1: not saying by these, We are not even saying consider them.

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Speaker 1: We are saying, how interesting is it that these types

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Speaker 1: of things happen? And this is essentially a piece of

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Speaker 1: content for you guys to learn more about how the

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Speaker 1: share market works. Absolutely not to be taken as advice.

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Speaker 1: Good pick up their g Thank you so much, all right, V.

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Speaker 3: With that said, let's rip into number five. That is

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Speaker 3: the share that came in at number five on the

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Speaker 3: ASX two hundred last year. It is Unity Group Limited.

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Speaker 1: Yeah, who are they?

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Speaker 3: All right?

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Speaker 1: G Unity Group Limited. They're asx code is UWL for

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Speaker 1: anybody who wants to look them up. They're like a

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Speaker 1: core technology infrastructure constructor, owner and operator of predominantly fiber

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Speaker 1: cable networks so gking like the Internet basically, and associated

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Speaker 1: technology that aims to provide diversified telecommunication products and services.

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Speaker 1: So that sounds really sexy, but I guess to distill

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Speaker 1: it down, they're essentially a telecommunications company that most of

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Speaker 1: us haven't heard about. So according to their Bloomberg profile

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Speaker 1: because I looked them up on there, they were established

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Speaker 1: relatively recently G And when I say relatively recently, I

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Speaker 1: mean ten years ago. They were established in twenty twelve,

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Speaker 1: so they've become a pretty big business pretty quickly. But

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Speaker 1: they're pretty, from my perspective, pretty interesting, and I suppose

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Speaker 1: G in twenty twenty two, it shouldn't come as a

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Speaker 1: surprise to us that a telecommunications company thrived during the

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Speaker 1: peak of COVID. Okay, I mean that kind of makes sense, right, Like,

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Speaker 1: there's been a lot of research about them. I've seen

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Speaker 1: it a couple of times on stocks we should watch lists.

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Speaker 1: Last year they had some really good results that were

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Speaker 1: published about six months ago. Like they put out their

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Speaker 1: financial results, which I think was a very big main

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Speaker 1: driver of their performance. And you know, they had excellent

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Speaker 1: results which were really interesting because they made a lot

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Speaker 1: of acquisitions or they bought a lot of other companies

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Speaker 1: over the last twenty four months, so that was a

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Speaker 1: really interesting thing to happen. But the thing that I'm

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Speaker 1: most interested in is not just like, what does this

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Speaker 1: company do and why are they on this list? Obviously

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Speaker 1: they're on this list because they were one of Australia's

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Speaker 1: top two hundred companies. Kind of cool, but gee, they're

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Speaker 1: on this list because at the start of the trading year,

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Speaker 1: which is the fourth of January by the way, in

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Speaker 1: twenty twenty one, their stock price was worth a dollar

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Speaker 1: and seventy one cents. Pretty good, but a little bit

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Speaker 1: higher than a lot of companies in the ASX Top

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Speaker 1: two hundred. But they're closing price at the end of

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Speaker 1: twenty twenty one, which was the seventeenth of December twenty

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Speaker 1: twenty one, g their share price was four dollars and

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Speaker 1: sixty four cents, which means their percentage change was one

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Speaker 1: hundred and seventy one point three percent. N What, Okay,

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Speaker 1: how good's that that? Means if you and have done

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Speaker 1: them at year, if you invested one thousand dollars in

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Speaker 1: those shares at the start of twenty twenty one, you'd

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Speaker 1: have twenty seven hundred and thirteen dollars in your account.

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Speaker 1: Now very numbers, very pretty good size.

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Speaker 3: I reckon cheers Unity Group Limited. Okay, so you're saying

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Speaker 3: that is largely.

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Speaker 1: Because of the impacts of the penny D, the pandemic,

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Speaker 1: I should say the penny D. You're making it around

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Speaker 1: a lot more colloquial than it actually a lot more

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Speaker 1: fun than it was. So why exactly is that just

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Speaker 1: because we were all spending more time online. Look, it's

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Speaker 1: not just because we were spending more time online. It

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Speaker 1: was absolutely interesting to see that that happened. But they

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Speaker 1: actually made a lot of acquisition, So they bought a

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Speaker 1: lot of smaller companies during twenty twenty one, and that

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Speaker 1: means that they obviously grew an and with really good

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Speaker 1: financial reports, which as I said, about six months ago,

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Speaker 1: even further back, they were reporting really good financials. And

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Speaker 1: when a company goes through an acquisition period. So an

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Speaker 1: acquisition period is a period of time when companies like

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Speaker 1: you know, what, we want to grow but organic growth

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Speaker 1: isn't fast enough for us. G Like, you know, growing

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Speaker 1: and you know posting on Instagram and stuff isn't going

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Speaker 1: to cut the mustard. We want to go and take

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Speaker 1: over other businesses, take their clients and fold them into ours,

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Speaker 1: and that can turbocharge the growth of a company. But

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Speaker 1: that can do one of two things. From my honest

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Speaker 1: and humble opinion, that can do what it did for

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Speaker 1: Unity Group, which was turbocharged their financials and it all

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Speaker 1: worked out probably exactly how they wanted it to, if

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Speaker 1: not exceeded their expectations. But sometimes George that acquisition and

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Speaker 1: therefore the merger. So the merger is whether two companies

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Speaker 1: come together, can sometimes be quite tumultuous. So investors are

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Speaker 1: often a little bit apprehensive of getting involved in a

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Speaker 1: company that's going through in m and A or emerger

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Speaker 1: an acquisition period because they're like, either this could go

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Speaker 1: really really well or it could go really really badly.

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Speaker 1: Like can you imagine two companies coming together, having two CEOs,

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Speaker 1: two CFOs, two marketing departments, two HR departments, and having

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Speaker 1: a business come together and go, hey, gee, we both

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Speaker 1: are in HR, but we now only need one HR department,

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Speaker 1: Like as a business and as the way that business functions.

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Speaker 1: Sometimes it can kind of crumble from within because the

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Speaker 1: business isn't functioning as it should. But then on the

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Speaker 1: outward side of things, sometimes a business is acquired and

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Speaker 1: they don't realize how much they need to change the

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Speaker 1: processes or update the way things are working, or the

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Speaker 1: cost involved to change old processes into the new processes

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Speaker 1: that the company wants them to work on. So sometimes

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Speaker 1: when that happens, like share prices go down because it

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Speaker 1: didn't go so well. But in this situation, their acquisitions

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Speaker 1: really shone through the financial reports, and I think that

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Speaker 1: a lot of investors saw that and were really happy

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Speaker 1: with that. But also I saw a couple of times,

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Speaker 1: and this would have been in early twenty twenty one.

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Speaker 1: I feel like I'm getting two into this, so we'll

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Speaker 1: move on in just a hot second. But I did

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Speaker 1: see them at the start of twenty twenty one named

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Speaker 1: as a stock that was currently being undervalued. When you

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Speaker 1: are somebody who researches stocks and looks into them consistently,

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Speaker 1: and you know is on a lot of email lists

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Speaker 1: of different investment companies like I am, that kind of

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Speaker 1: shone through as are like oh, why are they undervalued?

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Speaker 1: Is that something I should be looking at to include

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Speaker 1: in portfolios, And I have no doubt that a lot

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Speaker 1: of people be looking at that going yeah, actually they

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Speaker 1: are undervalued. Let's get on that ship. And the thing

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Speaker 1: that does really drive stock price is obviously you know,

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Speaker 1: performance and key metrics, but also supply and demand. And

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Speaker 1: so therefore demand could have increased because a lot of

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Speaker 1: people are saying a lot of good things about them,

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Speaker 1: They're doing a lot of great things, their financials are

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Speaker 1: starting to look really sexyg and therefore demand has really

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Speaker 1: pushed up their share price. It's super exciting, but also

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Speaker 1: probably worth mentioning that their stock price has are dropped

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Speaker 1: by about ten percent in the air last few months.

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Speaker 1: So we'll just sweep that off because we're not talking

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Speaker 1: about twenty twenty one. I can let's talk about that

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Speaker 1: next year. And as you said, Gking, these are not recommendations,

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Speaker 1: but that is a reflection of the volatility of the market.

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Speaker 1: So had you sold your shares on the seventeenth of December,

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Speaker 1: you would have been up, but you wouldn't be up

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Speaker 1: as much if you were still holding them today. Man,

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Speaker 1: how do you know, though, how do you know when

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Speaker 1: to sell, you don't, You don't. There's no such time

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Speaker 1: as when to sell. There's a time when you go,

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Speaker 1: should I take some money off the table because it's

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Speaker 1: too risky to leave it on the table in that

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Speaker 1: share and I would like to take it off and

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Speaker 1: put it in a more solid and consistent asset. But

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Speaker 1: then there's also good financial planning, and you go, all right, well,

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Speaker 1: at this age, I want to start selling down my portfolio,

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Speaker 1: or I want to start taking my portfolio and transforming

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Speaker 1: it into more stable assets. So the closer you get

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Speaker 1: to retirement, and I could go on and on and

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Speaker 1: on about this g but the closer you get to retirement,

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Speaker 1: the more stable your assets are likely to be, because

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Speaker 1: you just don't have the time that a lot of

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Speaker 1: us have for the volatility of the market to go

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Speaker 1: up and down. And they say, when I say they,

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Speaker 1: I mean the good investment companies of the world say

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Speaker 1: that over your lifetime you will go through seven different

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Speaker 1: market crashes. So, as you know right now, the market

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Speaker 1: has crash. So a ticking one off. Yeah, it went

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Speaker 1: down three percent a couple of weeks ago because of

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Speaker 1: you know, the stuff going on in Ukraine and it

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Speaker 1: has gone down even further since then, and it's super interesting.

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Speaker 1: But you know, we've been through the GFC, we've seen that,

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Speaker 1: we've seen the COVID crash, we've seen that. Now we're

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Speaker 1: seeing the Ukraine and Russia war crash. And it's not

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Speaker 1: necessarily going to be a crash because I don't think

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Speaker 1: it's going to impact the share market nearly as significantly

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Speaker 1: as something like COVID, But we will see. We don't

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Speaker 1: know what the future looks like, but the one thing

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Speaker 1: that we do know is that cycles are consistent, and

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Speaker 1: there will be highs and there will be lows, and

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Speaker 1: we need to take money off the table when we

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Speaker 1: don't have any more time to see another low. Okay,

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Speaker 1: So no way of predicting it, no way of predicting it.

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Speaker 1: I'm sorry. I've said before, guys, I'd be so rich

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Speaker 1: if I could predict the market. And guys, I'm trying.

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Speaker 1: I'm real trying.

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Speaker 3: Yeah, thanks girl. All right, well let's move on to

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Speaker 3: number four if you're ready, you're happy with that, yeah, okay,

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Speaker 3: So number five absolutely is Pilbara Minerals Limited.

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Speaker 1: Yep. So they are an Australian mining company. They call

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Speaker 1: themselves emerging. That sounds a little bit sexier than just

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Speaker 1: we're a mining company. Sure, I don't know. Emerging mining

401
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Speaker 1: company sounds a little bit more ethical, but it doesn't

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Speaker 1: change anything. But essentially they mine lithium and tan to light.

403
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Speaker 1: I have no idea what tantalite is. And when I

404
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Speaker 1: say I have no idea, I mean I had no

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Speaker 1: idea until I googled it, okay, and g tantalite. And

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Speaker 1: I didn't know a lot about what tantalit was before

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00:21:11,080 --> 00:21:13,600
Speaker 1: I googled it, except for it is something that is

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Speaker 1: mined pretty regularly in Australia. But essentially it's used in

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Speaker 1: alloys for strength, and it actually has higher melting points

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Speaker 1: than like glass, so it's used in glass to increase

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Speaker 1: the index of refraction, and it's also used to give

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Speaker 1: more strength to things like surgical steel. So it's essentially

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Speaker 1: like an important aree of the industrial useful metal category.

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Speaker 1: If that makes sense. Yeah, okay, I hope that makes sense.

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Speaker 1: But if we want to go a little bit hippie,

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Speaker 1: if you had some tantalite that's actually a stone that

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00:21:42,520 --> 00:21:46,560
Speaker 1: would help is away thoughts that contain poor or wrongful judgment,

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Speaker 1: as well as thoughts that contain different types of negativity.

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Speaker 1: So like, maybe it's a good stone to have. I

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Speaker 1: mean it could be.

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Speaker 3: I wouldn't really be heading down that that line of things.

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Speaker 3: But hey, maybe that's why they went up so much

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Speaker 3: because people were really holding on to their crystals last year.

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Speaker 3: Do I sound judgmental?

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Speaker 1: Yeah, because you know I loved crystals. That's so rude

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Speaker 1: As someone who consistently is this too much information for

427
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Speaker 1: an investing podcast? I consistently carry a rose quartz with

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Speaker 1: me and it's usually guys, watch out for it. It's

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Speaker 1: usually in my bra.

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Speaker 3: Really, Actually, no, I think I did know this about you.

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Speaker 3: I've forgotten, but now I've remembered.

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Speaker 1: It's a weird fact about Victoria divine, but she carries

433
00:22:27,600 --> 00:22:30,800
Speaker 1: a rose quartz because it's not I don't know it's

434
00:22:30,840 --> 00:22:33,840
Speaker 1: not because I'm like, oh, it's a healing stone and whatever.

435
00:22:34,000 --> 00:22:36,639
Speaker 1: Like I know it's the universal stone of love. But

436
00:22:36,680 --> 00:22:40,200
Speaker 1: as someone who has gone through significant periods of doubt

437
00:22:40,560 --> 00:22:43,080
Speaker 1: when it comes to self love, it was a very

438
00:22:43,080 --> 00:22:45,959
Speaker 1: big part of my therapy a long time ago, and like,

439
00:22:46,040 --> 00:22:49,920
Speaker 1: by putting that in my bra consciously consistently and having

440
00:22:49,920 --> 00:22:52,120
Speaker 1: it close to my heart, it like kind of reminds

441
00:22:52,119 --> 00:22:54,280
Speaker 1: me that self love and love in general is like

442
00:22:54,560 --> 00:22:56,720
Speaker 1: the most important thing, and it's really important to me,

443
00:22:56,840 --> 00:22:59,639
Speaker 1: So it kind of reminds me of that consistently. You

444
00:22:59,720 --> 00:23:02,520
Speaker 1: know how some people wear rings or really beautiful bracelets

445
00:23:02,600 --> 00:23:05,359
Speaker 1: or like have physical reminders of things. You might get

446
00:23:05,400 --> 00:23:08,120
Speaker 1: a tattoo, Like to me, that's something that I keep

447
00:23:08,119 --> 00:23:11,119
Speaker 1: close to me because it's a physical reminder that self

448
00:23:11,160 --> 00:23:13,840
Speaker 1: love is incredibly important and you can't pour from an

449
00:23:13,880 --> 00:23:16,840
Speaker 1: empty cup, really soft, really Moushy, would you like to

450
00:23:16,880 --> 00:23:19,200
Speaker 1: talk a little bit more about Pilbroro though.

451
00:23:19,200 --> 00:23:23,640
Speaker 3: Let's talk more about pill Borough. Yes, So why did

452
00:23:23,640 --> 00:23:25,520
Speaker 3: they perform so well if it doesn't have anything to

453
00:23:25,600 --> 00:23:27,199
Speaker 3: do with crystals.

454
00:23:26,920 --> 00:23:29,959
Speaker 1: So, g you're right, it didn't have anything to do

455
00:23:30,040 --> 00:23:32,560
Speaker 1: with crystals, which is nice to know but really disappointing.

456
00:23:32,600 --> 00:23:36,720
Speaker 1: But imagine if crystals were the reason that, like they surged,

457
00:23:36,880 --> 00:23:38,680
Speaker 1: like we all just wanted some rose quarts to put

458
00:23:38,720 --> 00:23:43,399
Speaker 1: in our bras. Yeah, no, big but ye. But pilbor Minerals,

459
00:23:43,520 --> 00:23:45,960
Speaker 1: as you said, they did pretty well. They are number

460
00:23:45,960 --> 00:23:49,520
Speaker 1: four on our list. They surged by two hundred and

461
00:23:49,560 --> 00:23:53,520
Speaker 1: sixteen point one percent in twenty twenty one. G so

462
00:23:53,720 --> 00:23:56,639
Speaker 1: their opening share price on the fourth of January was

463
00:23:56,800 --> 00:24:00,239
Speaker 1: eighty seven cents, and it increased to two dollars and

464
00:24:00,280 --> 00:24:03,679
Speaker 1: seventy five cents, meaning if you'd invested a grand you

465
00:24:03,720 --> 00:24:07,680
Speaker 1: would now have three one hundred and sixty one dollars

466
00:24:07,680 --> 00:24:13,320
Speaker 1: in your account. That's pretty exciting. That's pretty good. That's good. Well,

467
00:24:13,359 --> 00:24:16,360
Speaker 1: it's the fourth best. But if we want to talk

468
00:24:16,400 --> 00:24:19,320
Speaker 1: about why and when and where and how, there was

469
00:24:19,400 --> 00:24:22,320
Speaker 1: actually a pretty big scramble when it came to buying

470
00:24:22,320 --> 00:24:25,359
Speaker 1: Pilborough shares last year, and the reason for that was

471
00:24:25,400 --> 00:24:29,480
Speaker 1: there was just this ever increasingly bullish outlook on lithium.

472
00:24:29,800 --> 00:24:33,080
Speaker 1: So when I say ever increasing bullish like, that's such

473
00:24:33,280 --> 00:24:36,520
Speaker 1: investor speak, But what I'm saying is there was an

474
00:24:36,560 --> 00:24:41,479
Speaker 1: ever increasing very positive outlook for lithium, like people were

475
00:24:41,520 --> 00:24:45,120
Speaker 1: saying that lithium shares were going to go nuts. And

476
00:24:45,160 --> 00:24:48,360
Speaker 1: this then obviously led to many different types of lithium

477
00:24:48,359 --> 00:24:52,320
Speaker 1: shares generating outsized returns for investors over the last twelve months.

478
00:24:52,440 --> 00:24:56,280
Speaker 1: So demand for lithium as well has also been increasing

479
00:24:56,280 --> 00:24:59,240
Speaker 1: for a number of reasons. One it's mined in Australia,

480
00:24:59,280 --> 00:25:02,360
Speaker 1: which is really not but one of the biggest reasons

481
00:25:02,440 --> 00:25:05,560
Speaker 1: lithium is really important is because of the rise of

482
00:25:05,640 --> 00:25:12,320
Speaker 1: popularity of electric vehicles G and this whole theme around decarbonization, right,

483
00:25:12,359 --> 00:25:15,400
Speaker 1: So the demand is actually so strong that has been

484
00:25:15,440 --> 00:25:19,320
Speaker 1: tipped to material outstrip supply over the next couple of years.

485
00:25:19,600 --> 00:25:23,119
Speaker 1: So these share price is increasing, but we are potentially

486
00:25:23,280 --> 00:25:25,879
Speaker 1: as a country going to run out of the supply

487
00:25:25,960 --> 00:25:29,840
Speaker 1: of lithium, So like, how's that going to impact share prices?

488
00:25:29,840 --> 00:25:32,520
Speaker 1: G How is it going to impact them? Well, for

489
00:25:32,560 --> 00:25:35,080
Speaker 1: a number of reasons, and to be honest, we can't

490
00:25:35,119 --> 00:25:38,520
Speaker 1: predict it. But it's just really interesting lithium as well.

491
00:25:38,560 --> 00:25:41,359
Speaker 1: You might have heard of lithium batteries before, not a

492
00:25:41,359 --> 00:25:46,440
Speaker 1: new concept, but lithium batteries are obviously increasing in popularity,

493
00:25:46,480 --> 00:25:48,919
Speaker 1: one because people are preparing for things like COVID and

494
00:25:48,960 --> 00:25:52,840
Speaker 1: shortages of things. But Pilborough Minerals actually has a battery

495
00:25:52,880 --> 00:25:56,600
Speaker 1: material exchange auction and that's where they started auctioning off

496
00:25:56,640 --> 00:26:01,360
Speaker 1: different metric tons of this product to different buyers. And

497
00:26:01,480 --> 00:26:03,800
Speaker 1: I guess this shocked the market because it was obviously

498
00:26:03,880 --> 00:26:07,639
Speaker 1: notably higher in price than it had actually been at

499
00:26:07,680 --> 00:26:10,919
Speaker 1: the time, and since then the company has increased the

500
00:26:10,960 --> 00:26:13,800
Speaker 1: price again and again, which is kind of interesting. But

501
00:26:14,000 --> 00:26:16,679
Speaker 1: unlike number five, which we were talking about before g

502
00:26:16,840 --> 00:26:19,760
Speaker 1: and how they crashed, we shouldn't be talking about twenty

503
00:26:19,800 --> 00:26:21,560
Speaker 1: twenty two because I meant to be reporting on twenty

504
00:26:21,600 --> 00:26:23,919
Speaker 1: twenty one. But I found this really interesting. On the

505
00:26:23,960 --> 00:26:27,400
Speaker 1: first day of market trade in twenty twenty two, Pilbur

506
00:26:27,480 --> 00:26:32,359
Speaker 1: and Minerals share price actually meteorically rose and jumped another

507
00:26:32,480 --> 00:26:34,600
Speaker 1: ten percent to be a share price of three dollars

508
00:26:34,600 --> 00:26:39,280
Speaker 1: and fifty two cents. Really like what it's increasing significantly,

509
00:26:39,800 --> 00:26:42,320
Speaker 1: and so I guess it's not about whether you should invest.

510
00:26:42,359 --> 00:26:46,200
Speaker 1: It's just an interesting, I guess thought pattern around what's

511
00:26:46,240 --> 00:26:48,080
Speaker 1: going on, because I would hold a little bit of

512
00:26:48,080 --> 00:26:51,080
Speaker 1: apprehension when it comes to investing in something like lithium

513
00:26:51,080 --> 00:26:53,280
Speaker 1: when the market has said we're going to run out

514
00:26:53,320 --> 00:26:55,040
Speaker 1: of that as well, like how long is that going

515
00:26:55,119 --> 00:26:58,240
Speaker 1: to go for? But then I'm also I'm a little

516
00:26:58,240 --> 00:27:00,320
Speaker 1: bit hippie. I just told you I had crystal in

517
00:27:00,359 --> 00:27:03,000
Speaker 1: my bra I don't actually want to invest in a

518
00:27:03,000 --> 00:27:05,720
Speaker 1: mining company, and in my portfolio, I don't have any

519
00:27:05,760 --> 00:27:08,600
Speaker 1: mining companies because it's not aligned to my values. So

520
00:27:08,720 --> 00:27:11,679
Speaker 1: regardless of what their performance are, I'm still not that

521
00:27:11,760 --> 00:27:15,320
Speaker 1: attracted to the company. Does that make sense? Like performanceing

522
00:27:15,280 --> 00:27:18,160
Speaker 1: and everything, like, it doesn't matter how big your returns our.

523
00:27:18,080 --> 00:27:21,879
Speaker 3: G it's not what counts. Before we had to break V.

524
00:27:22,680 --> 00:27:26,520
Speaker 3: I'm going to make myself really vulnerable and ask you

525
00:27:26,640 --> 00:27:27,920
Speaker 3: a dumb question.

526
00:27:28,400 --> 00:27:33,040
Speaker 1: No such thing, GQ. This one could be mining. Yes,

527
00:27:33,520 --> 00:27:38,280
Speaker 1: we know coal mining hugely problematic, very bad for the environment.

528
00:27:39,119 --> 00:27:40,080
Speaker 1: Are there forms of.

529
00:27:40,000 --> 00:27:43,760
Speaker 3: Mining that aren't problematic or is it pretty much all

530
00:27:43,960 --> 00:27:48,520
Speaker 3: Just let's steer clear from an ethical perspective, not for me, Like,

531
00:27:48,600 --> 00:27:49,520
Speaker 3: what's your take on that.

532
00:27:50,440 --> 00:27:53,679
Speaker 1: I just feel like there's this gold rush for people

533
00:27:53,720 --> 00:27:58,200
Speaker 1: who are doing quote green lithium right at the end

534
00:27:58,200 --> 00:28:01,000
Speaker 1: of the day mining in a stroke. You know, I'm

535
00:28:01,040 --> 00:28:02,720
Speaker 1: going to get thrown under the bus for this, but

536
00:28:03,200 --> 00:28:06,200
Speaker 1: it's still a dirty business from my perspective, Like mining

537
00:28:06,240 --> 00:28:10,320
Speaker 1: for lithium like every other metal, is a dirty business

538
00:28:10,359 --> 00:28:12,400
Speaker 1: because of the way it has been established, and it's

539
00:28:12,520 --> 00:28:15,320
Speaker 1: very hard to change an entire mining company like you

540
00:28:15,320 --> 00:28:20,360
Speaker 1: would probably be aware that entire communities around Australia are

541
00:28:20,720 --> 00:28:24,639
Speaker 1: set up to support the mining industry and vice versa,

542
00:28:24,760 --> 00:28:28,200
Speaker 1: so changing that is incredibly detrimental. Like as much as

543
00:28:28,200 --> 00:28:29,800
Speaker 1: I go do you know what, I'm not going to

544
00:28:29,880 --> 00:28:32,320
Speaker 1: put my money there. I don't support it. It doesn't

545
00:28:32,359 --> 00:28:35,119
Speaker 1: mean I don't support the mining communities and what it

546
00:28:35,160 --> 00:28:38,000
Speaker 1: does for the Australian economy. Like it's a very hard

547
00:28:38,120 --> 00:28:41,960
Speaker 1: conversation to be had. But no, it doesn't necessarily mean

548
00:28:42,040 --> 00:28:45,480
Speaker 1: that they are doing it ethically. But it is interesting

549
00:28:45,520 --> 00:28:48,120
Speaker 1: to see companies like Pillburrow who are coming out and

550
00:28:48,120 --> 00:28:51,920
Speaker 1: saying okay, cool, like lithium goes into things like batteries

551
00:28:51,920 --> 00:28:55,360
Speaker 1: for electric cars and wind turbines and you know, electric

552
00:28:55,440 --> 00:28:58,560
Speaker 1: smart grids and all of those things help lower global

553
00:28:58,560 --> 00:29:01,640
Speaker 1: CO two emissions, which is good. So they're really trying

554
00:29:01,680 --> 00:29:04,520
Speaker 1: to work for the better. But it doesn't necessarily mean

555
00:29:04,520 --> 00:29:07,880
Speaker 1: that mining is quote good. But I think when they're

556
00:29:07,920 --> 00:29:10,760
Speaker 1: starting to shift the narrative of what they're putting their

557
00:29:10,800 --> 00:29:13,880
Speaker 1: product into and the purpose of their business and their

558
00:29:13,960 --> 00:29:16,760
Speaker 1: drives and their ethics, I think that things are changing.

559
00:29:16,960 --> 00:29:19,040
Speaker 1: But it's going to be a long slog because you

560
00:29:19,080 --> 00:29:21,480
Speaker 1: can't just pick up a mine and change it into

561
00:29:21,520 --> 00:29:23,960
Speaker 1: being a green, ethical business. And at the end of

562
00:29:24,000 --> 00:29:25,560
Speaker 1: the day, we still have cars on the road. We

563
00:29:25,600 --> 00:29:29,240
Speaker 1: still need, you know, sources of energy that aren't renewable.

564
00:29:29,360 --> 00:29:31,120
Speaker 1: But I think that we're making good steps in the

565
00:29:31,200 --> 00:29:34,959
Speaker 1: right direction, and from my perspective, boycotting companies that are

566
00:29:34,960 --> 00:29:36,920
Speaker 1: mining is not going to help us, because they're the

567
00:29:36,920 --> 00:29:39,480
Speaker 1: companies that are starting to set new standards for what

568
00:29:39,840 --> 00:29:43,040
Speaker 1: is acceptable in this space and are really listening to

569
00:29:43,120 --> 00:29:45,400
Speaker 1: consumers and changing that. And I mean, I'm not the

570
00:29:45,400 --> 00:29:47,840
Speaker 1: biggest fan of BHP, but they're doing a lot in

571
00:29:47,880 --> 00:29:50,440
Speaker 1: that space to work out how they can be sustainable

572
00:29:50,480 --> 00:29:53,120
Speaker 1: and how they can impact the world in a very

573
00:29:53,160 --> 00:29:56,280
Speaker 1: good way. Doesn't mean what they do at a base

574
00:29:56,360 --> 00:29:59,560
Speaker 1: level of something I totally agree with. But I think

575
00:29:59,600 --> 00:30:02,600
Speaker 1: what I really appreciate this. Okay, we hear this is it.

576
00:30:02,600 --> 00:30:05,080
Speaker 1: It doesn't mean we shouldn't support the companies if they're

577
00:30:05,120 --> 00:30:09,200
Speaker 1: growing and changing and you know, really trying to impact

578
00:30:09,240 --> 00:30:11,280
Speaker 1: the world in a good way while not trying to

579
00:30:11,320 --> 00:30:14,760
Speaker 1: just like cut you know, this resource from underneath other

580
00:30:14,800 --> 00:30:18,760
Speaker 1: people's feet. Interesting food for thought. Let's go to a break, gah,

581
00:30:18,800 --> 00:30:21,360
Speaker 1: let's do a little break for sure, all right, VD,

582
00:30:21,680 --> 00:30:25,320
Speaker 1: we are back to reveal number three on our list.

583
00:30:25,520 --> 00:30:30,600
Speaker 1: It is, of course Emugen limited Immogen Is that how

584
00:30:30,640 --> 00:30:34,600
Speaker 1: we're saying, perhaps it is spelt I am U G

585
00:30:34,960 --> 00:30:35,560
Speaker 1: E N E.

586
00:30:35,920 --> 00:30:38,560
Speaker 3: I'm going to go out on a whim here and say,

587
00:30:38,600 --> 00:30:43,600
Speaker 3: perhaps it has something to do with genetics, with some genes.

588
00:30:43,640 --> 00:30:46,720
Speaker 1: And they've nailed it and they've gone up rgin. Yeah,

589
00:30:46,960 --> 00:30:49,440
Speaker 1: I like that. If you've got any other guesses.

590
00:30:49,960 --> 00:30:54,000
Speaker 3: Maybe something about imaging or imagining. Perhaps it's a creative No,

591
00:30:54,240 --> 00:30:56,160
Speaker 3: you're right, writer, I'm right.

592
00:30:56,240 --> 00:31:01,480
Speaker 1: I mean not genetics, but immunotherapy. Okay, so like along

593
00:31:01,520 --> 00:31:04,000
Speaker 1: the right I guess you're along the right way the

594
00:31:04,200 --> 00:31:09,200
Speaker 1: imugen how did you say it before, like emugen something emugen.

595
00:31:09,680 --> 00:31:12,760
Speaker 1: I think they might call themselves in immugen like imagen

596
00:31:12,920 --> 00:31:17,520
Speaker 1: just because yeah, like imagen, only because they do immunotherapy.

597
00:31:17,640 --> 00:31:20,280
Speaker 1: Like I think that that's where they've probably got their name. Okay,

598
00:31:20,600 --> 00:31:23,720
Speaker 1: like eugene is I don't know, Like this isn't the

599
00:31:23,720 --> 00:31:25,920
Speaker 1: purpose of the podcast, but now I'm really interested. Do

600
00:31:25,960 --> 00:31:28,600
Speaker 1: you know why they call themselves that? But they're a

601
00:31:28,640 --> 00:31:32,360
Speaker 1: clinical stage immuno oncology company that is developing a range

602
00:31:32,360 --> 00:31:35,680
Speaker 1: of new treatments that seek to activate the immune system

603
00:31:35,920 --> 00:31:40,200
Speaker 1: for cancer patients. That's pretty cool. Yeah, so probably not

604
00:31:40,240 --> 00:31:42,720
Speaker 1: something for me to be making jokes about. No, look,

605
00:31:42,800 --> 00:31:45,920
Speaker 1: not jokes, but it's Okay, but this sounds very interesting

606
00:31:45,960 --> 00:31:48,840
Speaker 1: and very helpful. It is very interesting and very helpful.

607
00:31:49,160 --> 00:31:51,280
Speaker 1: So gee, the reason they are performing so well in

608
00:31:51,280 --> 00:31:53,720
Speaker 1: the market is because of one, they're doing some really

609
00:31:53,800 --> 00:31:57,200
Speaker 1: cool work that looks like it's going to be very successful,

610
00:31:57,240 --> 00:32:00,640
Speaker 1: which is very very exciting for that space. But also

611
00:32:00,960 --> 00:32:04,280
Speaker 1: in twenty twenty one, they did a whole heap of

612
00:32:04,320 --> 00:32:08,680
Speaker 1: immuno oncology research activities that were undertaken in the financial

613
00:32:08,760 --> 00:32:12,160
Speaker 1: year ending June thirty, twenty twenty one, so it happened

614
00:32:12,200 --> 00:32:15,080
Speaker 1: in twenty twenty two, but they reported on that research

615
00:32:15,320 --> 00:32:18,040
Speaker 1: at the end of June twenty twenty one, and that

616
00:32:18,160 --> 00:32:22,560
Speaker 1: research actually landed them a grant to get a pretty

617
00:32:22,720 --> 00:32:26,240
Speaker 1: big tax refund, and they got a six point five

618
00:32:26,400 --> 00:32:29,880
Speaker 1: million dollar cash boost which aimed to support commercial and

619
00:32:29,920 --> 00:32:33,640
Speaker 1: clinical milestones. So that means that they are taking things

620
00:32:33,800 --> 00:32:37,320
Speaker 1: that next step further and they're going to start actually

621
00:32:37,360 --> 00:32:40,280
Speaker 1: doing even more testing, which is like ticking off the

622
00:32:40,320 --> 00:32:43,800
Speaker 1: next boxes making sure that their milestones are reached, and

623
00:32:43,880 --> 00:32:46,720
Speaker 1: several of which have actually been ticked off this year.

624
00:32:46,800 --> 00:32:48,720
Speaker 1: As I said, I probably shouldn't be talking about twenty

625
00:32:48,760 --> 00:32:50,800
Speaker 1: twenty two, but they have ticked off a number of

626
00:32:50,880 --> 00:32:54,880
Speaker 1: different milestones this year, and they are really gaining momentum.

627
00:32:55,160 --> 00:32:58,719
Speaker 1: And in fact, what was it like about two weeks

628
00:32:58,720 --> 00:33:01,440
Speaker 1: ago they're actually in announced that they had secured a

629
00:33:01,520 --> 00:33:06,280
Speaker 1: patent for its hervas immunotherapy candidate in South Korea, which

630
00:33:06,320 --> 00:33:09,960
Speaker 1: is very very exciting because her vax was a gastric

631
00:33:10,160 --> 00:33:14,040
Speaker 1: cancer research initiative that they started in twenty sixteen and

632
00:33:14,080 --> 00:33:16,680
Speaker 1: it's now I guess it's getting the funding and the

633
00:33:16,720 --> 00:33:19,120
Speaker 1: patents that they need to be successful, which is very

634
00:33:19,240 --> 00:33:21,640
Speaker 1: very exciting for the future of science and medicine. And

635
00:33:21,760 --> 00:33:23,760
Speaker 1: it just looks like they had good eggs doing really

636
00:33:23,760 --> 00:33:24,320
Speaker 1: good things.

637
00:33:24,320 --> 00:33:28,120
Speaker 3: S geeking amazing in terms of the specific So where

638
00:33:28,120 --> 00:33:31,240
Speaker 3: did they start on January fourth, twenty twenty one and

639
00:33:31,240 --> 00:33:31,880
Speaker 3: where did they end?

640
00:33:31,960 --> 00:33:32,080
Speaker 2: Oh?

641
00:33:33,080 --> 00:33:35,920
Speaker 1: You know the dates now, yeah, your share master, I

642
00:33:36,040 --> 00:33:38,800
Speaker 1: love it. On the fourth of January, their share price

643
00:33:38,920 --> 00:33:42,840
Speaker 1: was sitting at ten cents, scheeking cheapest chips, Cheapest chips.

644
00:33:42,880 --> 00:33:46,080
Speaker 1: But the closing share price on the seventeenth of December

645
00:33:46,480 --> 00:33:49,239
Speaker 1: doesn't sound impressive, but I promise you it is. Their

646
00:33:49,320 --> 00:33:53,600
Speaker 1: closing price was forty six cents, so their percentage change

647
00:33:53,640 --> 00:33:57,360
Speaker 1: was three hundred and fifty five percent. And to put

648
00:33:57,360 --> 00:33:59,120
Speaker 1: that in context in the way that I have done

649
00:33:59,160 --> 00:34:01,840
Speaker 1: for all the other share If you had invested one

650
00:34:01,840 --> 00:34:04,920
Speaker 1: thousand dollars on the fourth of January and you were

651
00:34:04,960 --> 00:34:07,640
Speaker 1: looking at your share portfolio on the seventeenth of December,

652
00:34:08,160 --> 00:34:11,080
Speaker 1: you would have four five hundred and fifty dollars.

653
00:34:11,320 --> 00:34:12,000
Speaker 2: So not bad.

654
00:34:12,239 --> 00:34:13,759
Speaker 1: That's a pretty good size.

655
00:34:14,320 --> 00:34:17,319
Speaker 3: So riddle me this thoughby because I'm looking at the

656
00:34:17,440 --> 00:34:20,280
Speaker 3: chart in front of me, and you've got Unity Group

657
00:34:20,480 --> 00:34:23,680
Speaker 3: Limited my mates. So if you bought one of their shares,

658
00:34:23,680 --> 00:34:26,120
Speaker 3: it would have cost you one dollar seventy one at

659
00:34:26,120 --> 00:34:27,560
Speaker 3: the start of the year and by the end of

660
00:34:27,600 --> 00:34:32,120
Speaker 3: the year four dollars sixty four. Yeah, the percentage of

661
00:34:32,239 --> 00:34:38,560
Speaker 3: the increasing gross is less than imagen, but they've only

662
00:34:38,600 --> 00:34:40,160
Speaker 3: gone up by thirty six cents?

663
00:34:40,160 --> 00:34:41,840
Speaker 1: What does that mean? Like? What am I missing that?

664
00:34:41,960 --> 00:34:42,800
Speaker 1: What am I not getting?

665
00:34:43,080 --> 00:34:45,799
Speaker 3: Like if we go to the bottom, it says one

666
00:34:45,880 --> 00:34:48,520
Speaker 3: seventy one and then it says four, so like that's

667
00:34:48,560 --> 00:34:51,399
Speaker 3: like three dollars and then if you get so it's

668
00:34:51,480 --> 00:34:52,120
Speaker 3: not thirty.

669
00:34:51,880 --> 00:34:55,400
Speaker 1: It's actually the percentage change. What does that mean? So

670
00:34:55,520 --> 00:34:59,040
Speaker 1: the percentage change is the like one hundred percent of

671
00:34:59,080 --> 00:35:02,520
Speaker 1: one dollar would be one dollar, right, So if something

672
00:35:02,600 --> 00:35:06,200
Speaker 1: went from one dollar to two dollars, you would say

673
00:35:06,280 --> 00:35:12,280
Speaker 1: that has increased one hundred percent, right, So when you say, imugen,

674
00:35:12,719 --> 00:35:16,200
Speaker 1: for them to go from ten cents to forty six cents,

675
00:35:16,480 --> 00:35:19,560
Speaker 1: that is a very significant jump. And when you look

676
00:35:19,600 --> 00:35:22,680
Speaker 1: at the percentage change of what they are worth, like

677
00:35:22,800 --> 00:35:25,359
Speaker 1: one dollar seventy one to four dollars sixty four, that's

678
00:35:25,400 --> 00:35:27,680
Speaker 1: a difference of one hundred and seventy one percent ish.

679
00:35:28,040 --> 00:35:31,480
Speaker 1: But then the difference of ten cents to forty six cents,

680
00:35:31,520 --> 00:35:34,120
Speaker 1: that's actually a jump of three hundred and fifty five

681
00:35:34,160 --> 00:35:36,879
Speaker 1: because if we distill it down, right, if you take

682
00:35:36,920 --> 00:35:39,520
Speaker 1: that ten cents and times it by four, that would

683
00:35:39,600 --> 00:35:43,120
Speaker 1: become forty cents. Yeah, yeah, yeah, which is why the

684
00:35:43,160 --> 00:35:46,440
Speaker 1: percentage says it's three hundred and fifty five percent, because

685
00:35:46,440 --> 00:35:49,880
Speaker 1: it's actually pretty much quadrupled. This makes sense? Does that

686
00:35:49,920 --> 00:35:51,880
Speaker 1: make more sense? It makes not a lot of sense.

687
00:35:51,920 --> 00:35:53,839
Speaker 1: Not a silly question at all, because you look at

688
00:35:53,840 --> 00:35:55,960
Speaker 1: the percentages and you're like, what does that even mean?

689
00:35:56,040 --> 00:35:59,000
Speaker 1: Like what's three hundred and fifty five percent? Why is

690
00:35:59,040 --> 00:36:01,360
Speaker 1: that so much more? When they say ten cents and

691
00:36:01,360 --> 00:36:03,440
Speaker 1: the others like a dollar seventy one, it's actually the

692
00:36:03,520 --> 00:36:07,800
Speaker 1: percentage and the difference in comparison to where they started. Whereas,

693
00:36:07,840 --> 00:36:10,600
Speaker 1: g if we took the opening share price for Unity Group,

694
00:36:10,680 --> 00:36:13,000
Speaker 1: which is a dollars seventy one, and just times to

695
00:36:13,040 --> 00:36:16,960
Speaker 1: that by four, which would be four hundred percent increase,

696
00:36:17,440 --> 00:36:19,759
Speaker 1: you would actually have a share price of about six

697
00:36:19,800 --> 00:36:23,160
Speaker 1: dollars eighty four in comparison to the four dollars sixty

698
00:36:23,200 --> 00:36:25,719
Speaker 1: four they had, which was one hundred and seventy one

699
00:36:25,760 --> 00:36:27,799
Speaker 1: percent of an increase. Does that make sense?

700
00:36:27,880 --> 00:36:30,000
Speaker 3: It does make sense. Yeah, you just kind of need

701
00:36:30,040 --> 00:36:32,360
Speaker 3: to stop and think about it, because at a glance,

702
00:36:32,400 --> 00:36:34,240
Speaker 3: it doesn't make sense if you don't have a maths

703
00:36:34,239 --> 00:36:35,000
Speaker 3: brain like I don't.

704
00:36:35,400 --> 00:36:38,560
Speaker 1: Yeah, look, the numbers are pretty scary, which is why

705
00:36:38,600 --> 00:36:41,200
Speaker 1: I actually wanted to contextualize it with that, if you

706
00:36:41,280 --> 00:36:43,960
Speaker 1: invested one thousand dollars, this is what it would mean.

707
00:36:44,080 --> 00:36:46,960
Speaker 1: Because a lot of us don't have the ability genuinely,

708
00:36:47,120 --> 00:36:50,200
Speaker 1: not because we're not intelligent, but because our brains work

709
00:36:50,239 --> 00:36:53,560
Speaker 1: in a linear way. We don't have the ability to

710
00:36:53,600 --> 00:36:55,719
Speaker 1: comprehend what that means. We go, what the hell, how

711
00:36:55,760 --> 00:36:59,320
Speaker 1: does that work? Because our brains actually literally are wired

712
00:36:59,520 --> 00:37:01,960
Speaker 1: to work in linear way, we don't actually have the

713
00:37:02,000 --> 00:37:07,359
Speaker 1: ability literally scientifically g to contextualize percentages as well as

714
00:37:07,400 --> 00:37:10,560
Speaker 1: we do what that would mean to us literally? Okay,

715
00:37:10,840 --> 00:37:12,400
Speaker 1: kind of cool, very cool.

716
00:37:12,719 --> 00:37:15,720
Speaker 3: Was there anything else you wanted to cover? Re imagen

717
00:37:15,800 --> 00:37:17,239
Speaker 3: or should we move on to number two?

718
00:37:17,920 --> 00:37:20,319
Speaker 1: We should move on. We've got more percentages to talk

719
00:37:20,360 --> 00:37:22,319
Speaker 1: about and digest. I reckon, We move on.

720
00:37:22,560 --> 00:37:28,640
Speaker 3: All right, drum roll? Number two is Lion Town Resources Limited.

721
00:37:29,280 --> 00:37:33,120
Speaker 3: Maybe it could be something to do with Zoo's Zoo doctors.

722
00:37:33,280 --> 00:37:35,839
Speaker 1: Not sure, talk us through it. Okay, sure, We're gonna

723
00:37:35,880 --> 00:37:39,920
Speaker 1: move from Pillborough, which was a lithium mining company, to Liontown,

724
00:37:40,000 --> 00:37:43,680
Speaker 1: which is also a lithium mining company. Very big form,

725
00:37:44,280 --> 00:37:47,080
Speaker 1: I know, very very exciting. But they have had an

726
00:37:47,120 --> 00:37:51,040
Speaker 1: incredible twenty twenty one and I feel like Lion Town

727
00:37:51,440 --> 00:37:53,760
Speaker 1: is a very exciting place to be. They have actually

728
00:37:53,800 --> 00:37:56,840
Speaker 1: searched once again this year. As I said, probably shouldn't

729
00:37:56,840 --> 00:37:58,719
Speaker 1: be talking about twenty twenty two, but we all keep

730
00:37:58,800 --> 00:38:01,239
Speaker 1: up with it because Line Town, in the last couple

731
00:38:01,320 --> 00:38:05,200
Speaker 1: of weeks has actually signed a lithium supply agreement GE

732
00:38:05,360 --> 00:38:06,200
Speaker 1: with Tesla.

733
00:38:06,560 --> 00:38:10,440
Speaker 4: Ah there you go, I know, and that we're saying,

734
00:38:10,520 --> 00:38:13,360
Speaker 4: oh my god, like because we know how big Tesla

735
00:38:13,520 --> 00:38:16,360
Speaker 4: is and you now know that lithium is what creates

736
00:38:16,360 --> 00:38:18,840
Speaker 4: the batteries that run cars like Tesla.

737
00:38:19,000 --> 00:38:21,920
Speaker 1: And I find that so interesting that you immediately went

738
00:38:22,040 --> 00:38:24,799
Speaker 1: oh because you knew the brand name, and that's what's

739
00:38:24,800 --> 00:38:26,720
Speaker 1: going to happen. The more we talk about share prices,

740
00:38:26,760 --> 00:38:28,600
Speaker 1: and the more we talk about shares in general, you're

741
00:38:28,640 --> 00:38:30,959
Speaker 1: gonna be like, oh, Lion Town, aren't they the ones

742
00:38:31,000 --> 00:38:33,719
Speaker 1: that signed that contract? Like that makes sense that they

743
00:38:33,760 --> 00:38:36,920
Speaker 1: would be thriving. So it's kind of interesting, right, So

744
00:38:37,239 --> 00:38:40,239
Speaker 1: let's get into the numbers, because these guys started at

745
00:38:40,239 --> 00:38:42,840
Speaker 1: a not so sexy beginning. And when I say not

746
00:38:42,920 --> 00:38:45,719
Speaker 1: so sexy, I mean it wasn't like Unity Group, who

747
00:38:45,760 --> 00:38:48,560
Speaker 1: had a dollar and seventy one, which was pretty high.

748
00:38:48,840 --> 00:38:52,360
Speaker 1: Liontown Resources opened on the fourth of January GKiN with

749
00:38:52,480 --> 00:38:55,279
Speaker 1: an initial opening price of thirty four cents per share,

750
00:38:55,640 --> 00:38:59,239
Speaker 1: so nothing to write home about, I wouldn't believe. But

751
00:38:59,719 --> 00:39:03,120
Speaker 1: by the time the seventeenth of December came, they had

752
00:39:03,160 --> 00:39:06,040
Speaker 1: a share price of a dollar fifty six, which you'll

753
00:39:06,040 --> 00:39:10,000
Speaker 1: go the pillbro. They closed at two dollars seventy five.

754
00:39:10,120 --> 00:39:14,440
Speaker 1: So is that not better? No? Because their percentage change

755
00:39:14,520 --> 00:39:17,960
Speaker 1: was three hundred and fifty seven zero point four percent,

756
00:39:18,400 --> 00:39:22,080
Speaker 1: which means if you had invested a grant, you'd have

757
00:39:22,120 --> 00:39:24,520
Speaker 1: four thy, five hundred and seventy four dollars in your

758
00:39:24,560 --> 00:39:27,040
Speaker 1: account on the seventeenth of December had you invested for

759
00:39:27,080 --> 00:39:29,759
Speaker 1: that entire period. Huge kind of.

760
00:39:29,640 --> 00:39:34,200
Speaker 3: Cool, right, Okay, So how come then, like, why is

761
00:39:34,280 --> 00:39:36,920
Speaker 3: Lyon town? Why did they move so far ahead of

762
00:39:36,920 --> 00:39:39,840
Speaker 3: Pilbarra if they're both in the lithium game, what was

763
00:39:39,880 --> 00:39:40,640
Speaker 3: the difference there?

764
00:39:40,920 --> 00:39:44,000
Speaker 1: So lithium in Australia is nothing new. It is not

765
00:39:44,160 --> 00:39:46,680
Speaker 1: something that we go, Wow, we're finally doing lith like

766
00:39:46,680 --> 00:39:49,040
Speaker 1: we've done it for a long time. And so when

767
00:39:49,320 --> 00:39:52,319
Speaker 1: companies that are, you know, plodding along and doing well

768
00:39:52,400 --> 00:39:57,040
Speaker 1: start to do things like raising capital from institutional investors

769
00:39:57,120 --> 00:40:00,080
Speaker 1: and shareholders, you start to go what are they doing,

770
00:40:00,120 --> 00:40:02,120
Speaker 1: what are they planning? Why are they doing this? And

771
00:40:02,160 --> 00:40:04,799
Speaker 1: that's when I guess the eye gets cast to them

772
00:40:04,800 --> 00:40:06,799
Speaker 1: and you go, how are you doing? Like what do

773
00:40:06,880 --> 00:40:09,960
Speaker 1: your financials look like? You're being pretty aggressive in the market,

774
00:40:10,360 --> 00:40:13,600
Speaker 1: and the business last year did a capital raise for

775
00:40:14,040 --> 00:40:19,279
Speaker 1: institutional investors and shareholders and actually raised four hundred and

776
00:40:19,440 --> 00:40:22,400
Speaker 1: ninety million dollars at a share price of dollar sixty five,

777
00:40:22,680 --> 00:40:25,759
Speaker 1: which was essentially a fourteen point one discount to the

778
00:40:25,840 --> 00:40:29,560
Speaker 1: last closing price, which is very very cool. This raising

779
00:40:29,719 --> 00:40:33,359
Speaker 1: happened after they did what they called a DFS, which

780
00:40:33,400 --> 00:40:37,759
Speaker 1: is a definitive feasibility study for a project that they're

781
00:40:37,800 --> 00:40:41,279
Speaker 1: planning to do in Western Australia. That project is called

782
00:40:41,280 --> 00:40:45,560
Speaker 1: the Kathleen Valley Lithium Project, and the plan was they

783
00:40:45,600 --> 00:40:48,080
Speaker 1: did this study to work out if it would be

784
00:40:48,280 --> 00:40:51,520
Speaker 1: worth doing this new project and seeing if they could

785
00:40:51,520 --> 00:40:54,279
Speaker 1: make even more money by mining even more lithium. And

786
00:40:54,320 --> 00:40:57,600
Speaker 1: that obviously came out as a positive, and they essentially

787
00:40:57,640 --> 00:40:59,680
Speaker 1: said that they could ramp up how much lithium they

788
00:40:59,719 --> 00:41:03,360
Speaker 1: would do livering per year by year six. And essentially

789
00:41:03,520 --> 00:41:06,319
Speaker 1: investors were act, great, that sounds fantastic. We'd like to

790
00:41:06,320 --> 00:41:09,160
Speaker 1: get behind it. So they did do a lot. They

791
00:41:09,200 --> 00:41:13,600
Speaker 1: obviously went to institutional investors. When we say institutional investors,

792
00:41:13,640 --> 00:41:17,200
Speaker 1: we need really big investors like banks. We're not talking

793
00:41:17,360 --> 00:41:21,200
Speaker 1: really rich billionaires. An institutional investor is when a bank

794
00:41:21,320 --> 00:41:23,160
Speaker 1: gets behind it and they go, yeah, all right, your

795
00:41:23,160 --> 00:41:26,279
Speaker 1: business plan is pretty good. We'll give you some casholder

796
00:41:26,360 --> 00:41:28,680
Speaker 1: to throw in there and make sure that happens. But

797
00:41:28,719 --> 00:41:32,400
Speaker 1: then they also obviously went to market and individual investors

798
00:41:32,440 --> 00:41:36,880
Speaker 1: were buying shares, becoming regular investors. And essentially that means

799
00:41:36,920 --> 00:41:40,360
Speaker 1: that that company, because of that capital raising or essentially

800
00:41:40,440 --> 00:41:43,359
Speaker 1: just like fundraising that they've done for their business, they

801
00:41:43,440 --> 00:41:46,680
Speaker 1: now have cash reserves of around four hundred and seventy

802
00:41:46,760 --> 00:41:50,240
Speaker 1: four million dollars, which is pretty exciting because they're planning

803
00:41:50,239 --> 00:41:53,080
Speaker 1: on funding their new projects with that and they've you know,

804
00:41:53,200 --> 00:41:55,360
Speaker 1: got a pretty good looking balance sheet at the moment,

805
00:41:55,400 --> 00:41:57,040
Speaker 1: so I can see why people are looking at it

806
00:41:57,080 --> 00:41:59,320
Speaker 1: going all right, that makes a lot of sense because

807
00:41:59,680 --> 00:42:02,799
Speaker 1: in a addition to being successful with the project, that

808
00:42:02,960 --> 00:42:06,480
Speaker 1: lithium company is actually going to increase jobs and services

809
00:42:06,520 --> 00:42:09,080
Speaker 1: in wa for the mining industry as well, which is

810
00:42:09,120 --> 00:42:12,000
Speaker 1: obviously all very healthy when it comes to I guess

811
00:42:12,320 --> 00:42:16,120
Speaker 1: regular business operations. Uh huh. And do we assume or

812
00:42:16,120 --> 00:42:18,160
Speaker 1: perhaps you have the numbers in front of you, that

813
00:42:18,200 --> 00:42:21,879
Speaker 1: they're still killing it with the partnership with Tesla, Yes,

814
00:42:21,960 --> 00:42:24,479
Speaker 1: they are still killing it. The partnership that we're talking

815
00:42:24,520 --> 00:42:27,120
Speaker 1: about with Tesla was actually only announced a couple of

816
00:42:27,200 --> 00:42:29,640
Speaker 1: weeks ago. G It wasn't something that was announced last year.

817
00:42:29,680 --> 00:42:31,560
Speaker 1: I just think it's really exciting and I knew you'd

818
00:42:31,600 --> 00:42:34,279
Speaker 1: know what I was talking about. Elon Musk Well, with

819
00:42:34,360 --> 00:42:38,080
Speaker 1: that fee, should we move on to the star performer

820
00:42:38,360 --> 00:42:42,080
Speaker 1: of twenty twenty one? Drum roll? Here is that?

821
00:42:42,520 --> 00:42:42,719
Speaker 2: Nah?

822
00:42:42,719 --> 00:42:44,440
Speaker 1: That would have been a terrible drum roll, but you

823
00:42:44,480 --> 00:42:47,120
Speaker 1: guys are stuck with it because it's on the audio file.

824
00:42:48,280 --> 00:42:52,319
Speaker 3: So it is Nova Nicks Limited. Who on earth are

825
00:42:52,360 --> 00:42:54,960
Speaker 3: these high flying people?

826
00:42:55,040 --> 00:42:56,799
Speaker 1: You're going to be surprised when I tell you our

827
00:42:56,880 --> 00:43:00,080
Speaker 1: star performer for twenty twenty one was actually a battery

828
00:43:00,120 --> 00:43:04,680
Speaker 1: materials and technology company, Bloody Batteries. I know they're doing

829
00:43:04,760 --> 00:43:07,759
Speaker 1: so well on our share market this year. Here I

830
00:43:07,800 --> 00:43:10,160
Speaker 1: am thinking when I started to do the research, because

831
00:43:10,160 --> 00:43:11,759
Speaker 1: I didn't know off the top of my head of

832
00:43:11,800 --> 00:43:13,840
Speaker 1: the top five performing shares, because I was like, I

833
00:43:13,880 --> 00:43:16,560
Speaker 1: don't know who these guys are, because I don't invest

834
00:43:16,600 --> 00:43:19,480
Speaker 1: in who's performing well over a particular period of time.

835
00:43:19,760 --> 00:43:23,440
Speaker 1: But it turns out Mining in Australia going off guys.

836
00:43:23,800 --> 00:43:29,200
Speaker 1: This company, surprisingly or unsurprisingly, specializes in lithium ion batteries

837
00:43:29,480 --> 00:43:33,440
Speaker 1: used to power electric vehicles, mobile phones, and energy storage units,

838
00:43:33,440 --> 00:43:37,560
Speaker 1: which is kind of exciting, but they are extra fancy.

839
00:43:37,640 --> 00:43:42,719
Speaker 1: Gking because Novanix's clients include the likes of Panasonic and

840
00:43:42,840 --> 00:43:45,919
Speaker 1: Bosh and with the high value battery market now being

841
00:43:46,000 --> 00:43:50,480
Speaker 1: estimated to be worth about sixty billion US dollars per

842
00:43:50,680 --> 00:43:53,719
Speaker 1: year each and every single year, like, I can see

843
00:43:53,719 --> 00:43:57,000
Speaker 1: why so many lithium ion companies have actually made it

844
00:43:57,040 --> 00:43:59,719
Speaker 1: to the top five performing list of shees on the

845
00:43:59,719 --> 00:44:00,880
Speaker 1: money share prices.

846
00:44:01,040 --> 00:44:03,480
Speaker 3: I know nothing about this, so it is kind of

847
00:44:03,480 --> 00:44:06,200
Speaker 3: a shock to me, but anything would be. I guess

848
00:44:06,480 --> 00:44:10,120
Speaker 3: what did Novnicks do differently or they have they just

849
00:44:10,160 --> 00:44:11,000
Speaker 3: been around longer?

850
00:44:11,239 --> 00:44:15,800
Speaker 1: What's the go? So they are a US based company

851
00:44:16,000 --> 00:44:19,360
Speaker 1: and they joined the ASX in July twenty seventeen after

852
00:44:19,400 --> 00:44:22,720
Speaker 1: the business was acquired by Graphite Corp. Which is another

853
00:44:22,960 --> 00:44:25,880
Speaker 1: mining business in June. So they are pretty big and

854
00:44:25,920 --> 00:44:28,440
Speaker 1: given they are an American business, they can be a

855
00:44:28,480 --> 00:44:31,560
Speaker 1: little bit more I could say aggressive, because they are

856
00:44:31,600 --> 00:44:34,680
Speaker 1: in general just bigger, right. And then in twenty eighteen,

857
00:44:34,880 --> 00:44:38,560
Speaker 1: Novanicks began making battery cells in Canada. They actually produced

858
00:44:38,600 --> 00:44:41,160
Speaker 1: the first batch of cyndrical cell and pouch cells as

859
00:44:41,200 --> 00:44:45,440
Speaker 1: its battery cell pilot factory in Nova Scotia.

860
00:44:44,800 --> 00:44:48,319
Speaker 3: Nova Scotia, Baby, Nova Scotia, Is that right? Yeah, I

861
00:44:48,320 --> 00:44:50,560
Speaker 3: think so, how do you know that, I don't know.

862
00:44:50,600 --> 00:44:52,360
Speaker 3: It would be in a TV reference from.

863
00:44:52,200 --> 00:44:54,839
Speaker 1: Many Okay, awesome, So they made them there. They are

864
00:44:54,880 --> 00:44:57,279
Speaker 1: a really big business. Since then, they've raised a lot

865
00:44:57,360 --> 00:45:00,720
Speaker 1: of money to invest in that pure graph Fight joint

866
00:45:00,840 --> 00:45:03,759
Speaker 1: venture and that has actually seen them become one of

867
00:45:03,800 --> 00:45:07,600
Speaker 1: the biggest battery technology solutions companies in the world. So

868
00:45:07,960 --> 00:45:11,200
Speaker 1: obviously with a pretty sexy list of clients and the

869
00:45:11,239 --> 00:45:14,120
Speaker 1: fact that there is such a hunger for lithium ion

870
00:45:14,200 --> 00:45:17,200
Speaker 1: batteries in the world, it kind of makes sense. And

871
00:45:17,239 --> 00:45:20,040
Speaker 1: they've this year Gking come out on top. All right,

872
00:45:20,320 --> 00:45:24,040
Speaker 1: let's talk numbers. Then with Novnix, what are we talking?

873
00:45:24,200 --> 00:45:24,520
Speaker 4: All right?

874
00:45:24,719 --> 00:45:28,280
Speaker 1: So these ones very impressive. So they had an opening

875
00:45:28,320 --> 00:45:31,319
Speaker 1: share price on the fourth of January of a mere

876
00:45:31,400 --> 00:45:34,800
Speaker 1: dollar and twenty two per share, which is not that sexy.

877
00:45:35,320 --> 00:45:38,359
Speaker 1: I mean, Unity Group was higher than that, And there

878
00:45:38,360 --> 00:45:40,440
Speaker 1: are a couple of shares that didn't perform nearly as

879
00:45:40,440 --> 00:45:44,279
Speaker 1: well that had much higher share prices, right, but g

880
00:45:44,880 --> 00:45:48,520
Speaker 1: on the seventeenth of December twenty twenty one, their closing

881
00:45:48,560 --> 00:45:51,720
Speaker 1: share price was eight dollars and ninety four cents, which

882
00:45:51,760 --> 00:45:55,359
Speaker 1: is a percentage change of six hundred and thirty two

883
00:45:55,400 --> 00:45:59,680
Speaker 1: point eight percent. Meaning to contextualize this, if you invested

884
00:45:59,680 --> 00:46:02,160
Speaker 1: a grain and you'd have seven three hundred and twenty

885
00:46:02,200 --> 00:46:04,280
Speaker 1: eight dollar US sitting in your account on the seventeenth

886
00:46:04,320 --> 00:46:08,799
Speaker 1: of December, like what, yes, thanks, yes, Like I want

887
00:46:08,840 --> 00:46:12,320
Speaker 1: my investments always to increase by six hundred and thirty

888
00:46:12,320 --> 00:46:14,040
Speaker 1: two percent, Like what, So.

889
00:46:14,000 --> 00:46:17,960
Speaker 3: That's pretty much double lieon town in terms of the

890
00:46:18,000 --> 00:46:19,520
Speaker 3: percentage increase.

891
00:46:21,560 --> 00:46:24,759
Speaker 1: You're definitely on par. That's how that works. And it's

892
00:46:24,800 --> 00:46:28,080
Speaker 1: super interesting, right to see how I feel like percentage

893
00:46:28,160 --> 00:46:30,680
Speaker 1: changes are really hard for us to comprehend because historically

894
00:46:30,719 --> 00:46:32,880
Speaker 1: we've been taught there's no such thing as more than

895
00:46:32,880 --> 00:46:36,000
Speaker 1: one hundred percent, like there is on the stock market

896
00:46:36,080 --> 00:46:38,680
Speaker 1: when it comes to percentage changes. And that's just to

897
00:46:38,719 --> 00:46:40,799
Speaker 1: give you a little bit of context, right, Like six

898
00:46:40,920 --> 00:46:43,480
Speaker 1: hundred and thirty two percent is not quote a percent,

899
00:46:44,080 --> 00:46:47,560
Speaker 1: it's more a context marker that helps you see how

900
00:46:47,600 --> 00:46:49,960
Speaker 1: much is increased by. But to go from a dollar

901
00:46:50,000 --> 00:46:52,320
Speaker 1: twenty two as an opening share price at the start

902
00:46:52,320 --> 00:46:54,719
Speaker 1: of that year to eight dollars ninety four, which is

903
00:46:54,760 --> 00:46:59,000
Speaker 1: basically nine dollars, is crazy, Like that's so much money,

904
00:46:59,040 --> 00:46:59,680
Speaker 1: g So.

905
00:47:00,120 --> 00:47:03,600
Speaker 3: Hang on just a minute, miss Victoria Divine. So this

906
00:47:03,680 --> 00:47:08,120
Speaker 3: is the ASX two hundred from twenty twenty one that

907
00:47:08,280 --> 00:47:12,799
Speaker 3: all Australian companies. You just said that Novakniks is American.

908
00:47:13,920 --> 00:47:17,080
Speaker 3: What's happening here? They're taking our number one? What's up?

909
00:47:17,400 --> 00:47:19,680
Speaker 1: I know it's kind of rude, isn't it a little bit?

910
00:47:20,239 --> 00:47:23,560
Speaker 1: How are they on this list? So the ASX can

911
00:47:23,600 --> 00:47:26,600
Speaker 1: actually have a number of different companies on it, So

912
00:47:26,960 --> 00:47:30,560
Speaker 1: American companies can actually be listed on the ASX. And

913
00:47:30,760 --> 00:47:34,440
Speaker 1: actually in recent years the AX has stepped up, according

914
00:47:34,480 --> 00:47:38,080
Speaker 1: to them, it's efforts to attract foreign companies to the

915
00:47:38,120 --> 00:47:41,000
Speaker 1: BOSS and this is just one of those companies that

916
00:47:41,160 --> 00:47:45,040
Speaker 1: have decided to list down Under, which is kind of cool.

917
00:47:45,400 --> 00:47:48,040
Speaker 1: So it means that we have direct access to them.

918
00:47:48,120 --> 00:47:51,680
Speaker 1: And yeah, summary of that, foreign companies can list themselves

919
00:47:51,680 --> 00:47:54,280
Speaker 1: on the AX and g at current there are actually

920
00:47:54,320 --> 00:47:57,080
Speaker 1: more than two hundred and seventy international companies listed on

921
00:47:57,160 --> 00:47:57,759
Speaker 1: the AX.

922
00:47:58,239 --> 00:48:02,040
Speaker 3: How big is the ASX or the Australian Stock Exchange

923
00:48:02,040 --> 00:48:03,600
Speaker 3: if we haven't said that made it clear?

924
00:48:03,800 --> 00:48:06,560
Speaker 1: Yes, so it's definitely not as big as some of

925
00:48:06,600 --> 00:48:08,960
Speaker 1: the market exchanges around the world. But there are actually

926
00:48:09,000 --> 00:48:11,840
Speaker 1: more than two thousand companies currently listed on the ASEX

927
00:48:11,960 --> 00:48:15,240
Speaker 1: and lots of being listed regularly. So there are smaller

928
00:48:15,280 --> 00:48:17,800
Speaker 1: companies and they are generally considered to be a little

929
00:48:17,960 --> 00:48:20,799
Speaker 1: more risky when it comes to being an investment, as

930
00:48:20,800 --> 00:48:22,759
Speaker 1: they are more likely to go out of business than

931
00:48:22,800 --> 00:48:25,360
Speaker 1: the larger ones. And the larger ones actually want to

932
00:48:25,400 --> 00:48:28,440
Speaker 1: be on more global stock exchanges, which kind of makes sense.

933
00:48:28,640 --> 00:48:31,919
Speaker 3: And when you say the larger companies, you don't mean

934
00:48:31,960 --> 00:48:34,759
Speaker 3: the number of employees that work there. You mean the

935
00:48:34,800 --> 00:48:36,480
Speaker 3: revenue that they build.

936
00:48:36,760 --> 00:48:40,040
Speaker 1: Yes, but often with that comes headcount, right, Like, the

937
00:48:40,040 --> 00:48:42,759
Speaker 1: more you are turning over, the more responsibility you have

938
00:48:42,800 --> 00:48:44,719
Speaker 1: as a business, the more staff you are going to

939
00:48:44,800 --> 00:48:48,080
Speaker 1: require to manage that, because you can't just go from

940
00:48:48,239 --> 00:48:50,800
Speaker 1: earning one hundred dollars a week to earning one hundred

941
00:48:50,840 --> 00:48:53,319
Speaker 1: million dollars a week and not have the right infrastructure

942
00:48:53,400 --> 00:48:58,120
Speaker 1: around you. And infrastructure is often made up of staffing. So, yes,

943
00:48:58,160 --> 00:49:01,640
Speaker 1: you're right, could be based on turnover, but it also

944
00:49:01,719 --> 00:49:05,240
Speaker 1: could just be based on the size of the organization. Literally, Okay,

945
00:49:05,400 --> 00:49:08,200
Speaker 1: there you go. Actually, when it comes to the ASEX,

946
00:49:08,280 --> 00:49:10,160
Speaker 1: I had an interesting one the other day and this

947
00:49:10,280 --> 00:49:12,920
Speaker 1: is completely left field, So to wrap up all of that.

948
00:49:13,000 --> 00:49:15,480
Speaker 1: I think it's just interesting to have a conversation about, well,

949
00:49:15,480 --> 00:49:17,799
Speaker 1: who were the top five companies when it comes to

950
00:49:18,120 --> 00:49:22,120
Speaker 1: direct performance and super interesting to see that it's lithium.

951
00:49:22,480 --> 00:49:24,560
Speaker 1: But Ge, you just had a question about the AX

952
00:49:24,600 --> 00:49:26,560
Speaker 1: And I actually had a message from someone the other day.

953
00:49:26,560 --> 00:49:28,880
Speaker 1: They're like, I just tried to Google my share price

954
00:49:28,920 --> 00:49:31,279
Speaker 1: and for some reason, it's not coming up. It's coming

955
00:49:31,360 --> 00:49:34,640
Speaker 1: up as yesterday's date. And that's because here in Australia

956
00:49:34,920 --> 00:49:38,680
Speaker 1: our asx OR, our stock exchange is actually only open

957
00:49:38,719 --> 00:49:41,320
Speaker 1: from ten am to four pm Monday to Friday.

958
00:49:41,560 --> 00:49:44,040
Speaker 3: Did you know that, g I didn't know it was

959
00:49:44,120 --> 00:49:47,040
Speaker 3: ten till four I knew it was Monday to Friday.

960
00:49:47,080 --> 00:49:51,359
Speaker 1: But is that really nice relaxed hours? It depends. Our

961
00:49:51,480 --> 00:49:54,720
Speaker 1: hours are ten to four pm, and hundreds of stock

962
00:49:54,760 --> 00:49:58,560
Speaker 1: exchanges around the world operate in that way, but the

963
00:49:58,600 --> 00:50:01,479
Speaker 1: timings are often very different. But we've got some nice

964
00:50:01,480 --> 00:50:03,960
Speaker 1: relaxed hours when it comes to the share market and

965
00:50:04,440 --> 00:50:06,319
Speaker 1: that has always worked out really well for me as

966
00:50:06,320 --> 00:50:08,120
Speaker 1: a financial advisor because I don't need to be up

967
00:50:08,160 --> 00:50:10,279
Speaker 1: at like five am to check the markets. I can

968
00:50:10,360 --> 00:50:13,040
Speaker 1: cruise into work, get a coffee and then be there

969
00:50:13,080 --> 00:50:15,960
Speaker 1: when the market's open and I am pre caffeinated. How

970
00:50:15,960 --> 00:50:16,600
Speaker 1: good is that? G.

971
00:50:17,040 --> 00:50:20,120
Speaker 3: It's so weird because again, people probably do, but I

972
00:50:20,160 --> 00:50:23,799
Speaker 3: don't think of it as like an actual market where

973
00:50:23,840 --> 00:50:26,920
Speaker 3: things are happening every day and people are making these deals,

974
00:50:26,920 --> 00:50:29,440
Speaker 3: like you know, you just kind of think that it

975
00:50:29,480 --> 00:50:31,719
Speaker 3: happens and you like buy and sell. I don't know,

976
00:50:32,600 --> 00:50:33,799
Speaker 3: is that oh you're looking at me?

977
00:50:34,480 --> 00:50:34,600
Speaker 2: No?

978
00:50:34,480 --> 00:50:37,359
Speaker 1: No, no, no, no, I'm not. It's literally a market, Like, yeah,

979
00:50:37,400 --> 00:50:39,440
Speaker 1: it's a market where you buy and sell. And you know,

980
00:50:39,560 --> 00:50:42,160
Speaker 1: I guess to trivialize my job for a second. I

981
00:50:42,200 --> 00:50:44,480
Speaker 1: don't just rock into work with a coffee and then

982
00:50:44,560 --> 00:50:47,239
Speaker 1: check the markets at ten am. A lot of what

983
00:50:47,480 --> 00:50:50,120
Speaker 1: you know, investment bankers and investors in general will be

984
00:50:50,200 --> 00:50:53,400
Speaker 1: doing before ten am is checking their emails and checking

985
00:50:53,440 --> 00:50:55,960
Speaker 1: trades they want to make and submitting those trades. So

986
00:50:56,000 --> 00:50:59,319
Speaker 1: when the market opens they go through immediately. Like there's

987
00:50:59,320 --> 00:51:02,120
Speaker 1: a lot to it, and it is quite interesting when

988
00:51:02,120 --> 00:51:04,880
Speaker 1: it comes down to it, because you as a general investor, G,

989
00:51:05,120 --> 00:51:07,279
Speaker 1: you go, well, it's not really a market, but it

990
00:51:07,360 --> 00:51:11,279
Speaker 1: literally is all day every day from ten to four pm,

991
00:51:11,320 --> 00:51:15,000
Speaker 1: people are making trades on the share market and prices

992
00:51:15,040 --> 00:51:17,640
Speaker 1: are going up and down based on demand and based

993
00:51:17,640 --> 00:51:20,239
Speaker 1: on what's going on in the economy. Like a couple

994
00:51:20,320 --> 00:51:22,480
Speaker 1: of weeks ago, we saw a crash in the ASEX

995
00:51:22,520 --> 00:51:24,480
Speaker 1: and it went down across the board by more than

996
00:51:24,560 --> 00:51:28,360
Speaker 1: three percent, and that's really scary, But that's based on demand.

997
00:51:28,680 --> 00:51:31,200
Speaker 1: That's based on people going, oh my gosh, like this

998
00:51:31,320 --> 00:51:33,200
Speaker 1: has just been announced. And when I talk about this,

999
00:51:33,239 --> 00:51:36,319
Speaker 1: I'm talking about the war between Ukraine and Russia and

1000
00:51:36,880 --> 00:51:38,400
Speaker 1: this has just been announced and I don't want to

1001
00:51:38,440 --> 00:51:42,440
Speaker 1: hold this particular asset anymore. So people are disposing of assets,

1002
00:51:42,440 --> 00:51:45,640
Speaker 1: and the disposal of assets, or people selling their assets

1003
00:51:45,840 --> 00:51:49,600
Speaker 1: is what starts to drive share prices down because people

1004
00:51:49,600 --> 00:51:53,000
Speaker 1: aren't being as aggressive in purchasing. It's a very interesting

1005
00:51:53,040 --> 00:51:56,719
Speaker 1: world to start learning more about g which is exactly

1006
00:51:56,800 --> 00:52:00,440
Speaker 1: why we did today's episode. Was there anything else you

1007
00:52:00,560 --> 00:52:03,040
Speaker 1: want to add before we head for the day. This

1008
00:52:03,120 --> 00:52:05,359
Speaker 1: has been a very long episode, but I've loved every

1009
00:52:05,360 --> 00:52:07,680
Speaker 1: minute it has been. I love you. If you stuck

1010
00:52:07,719 --> 00:52:09,880
Speaker 1: around for this, I hope it wasn't too dry or

1011
00:52:09,920 --> 00:52:13,320
Speaker 1: bland or boring. Please please please slip into our DMS

1012
00:52:13,400 --> 00:52:16,279
Speaker 1: with feedback on episodes like this, because as much as

1013
00:52:16,280 --> 00:52:18,680
Speaker 1: they are dry, I feel like you, guys, learn a

1014
00:52:18,719 --> 00:52:20,719
Speaker 1: lot about the share market when I get to talk

1015
00:52:20,760 --> 00:52:23,879
Speaker 1: about individual shares, a lot about the AX, about how

1016
00:52:23,920 --> 00:52:26,880
Speaker 1: that works, about how shared trading works, and an episode

1017
00:52:26,960 --> 00:52:29,520
Speaker 1: on the needy gritty of g how can we trade

1018
00:52:29,560 --> 00:52:32,239
Speaker 1: on the ASEX is just not nearly as impactful as

1019
00:52:32,239 --> 00:52:35,440
Speaker 1: starting to deep dive into shares and then you asking

1020
00:52:35,560 --> 00:52:39,120
Speaker 1: context questions around that. It's kind of like getting to

1021
00:52:39,200 --> 00:52:41,719
Speaker 1: learn while on the job in a way, and I

1022
00:52:41,800 --> 00:52:43,879
Speaker 1: feel like that most of the time is actually far

1023
00:52:43,960 --> 00:52:46,800
Speaker 1: more constructive for you than it is if I go, Okay,

1024
00:52:46,800 --> 00:52:49,319
Speaker 1: Georgia King, So the AX, let's talk about it, It

1025
00:52:49,320 --> 00:52:52,200
Speaker 1: doesn't make it as tangible or as real, whereas I

1026
00:52:52,200 --> 00:52:54,200
Speaker 1: think when we're talking about a particular share and how

1027
00:52:54,200 --> 00:52:56,000
Speaker 1: that works and what that means and how did they

1028
00:52:56,040 --> 00:52:59,480
Speaker 1: get on the ASEX, is actually a really interesting conversation

1029
00:52:59,560 --> 00:53:00,120
Speaker 1: to be at.

1030
00:53:00,440 --> 00:53:02,800
Speaker 3: For sure, And I think, as you said during this show,

1031
00:53:02,840 --> 00:53:05,600
Speaker 3: we should definitely take a look at the stocks that

1032
00:53:05,800 --> 00:53:08,799
Speaker 3: tanked and do like the reverse of this episode, because

1033
00:53:09,120 --> 00:53:12,640
Speaker 3: that sounds juicy totally. That'll be a really juicy episode.

1034
00:53:12,680 --> 00:53:15,040
Speaker 3: But that is, as always, all we have time for today.

1035
00:53:15,160 --> 00:53:17,680
Speaker 3: And remember guys that the advice shed on. She's on

1036
00:53:17,719 --> 00:53:20,880
Speaker 3: the money is general in nature and does not consider

1037
00:53:21,000 --> 00:53:24,920
Speaker 3: your individual circumstances. She's on the money exists purely for

1038
00:53:25,040 --> 00:53:28,120
Speaker 3: educational purposes and should not be relied upon to make

1039
00:53:28,160 --> 00:53:32,480
Speaker 3: an investment or a financial decision. And we promise Victoria

1040
00:53:32,520 --> 00:53:37,800
Speaker 3: Divine is an authorized representative of Infocused Securities Australia.

1041
00:53:37,880 --> 00:53:40,359
Speaker 1: Are you getting used to that or you still want

1042
00:53:40,360 --> 00:53:45,759
Speaker 1: to stay Australia Pacific because that's like soe G've lived

1043
00:53:45,760 --> 00:53:46,280
Speaker 1: in the past.

1044
00:53:46,320 --> 00:53:50,879
Speaker 3: Man Australia proprior to limited Abian four seven zero nine

1045
00:53:51,000 --> 00:53:54,239
Speaker 3: seven seven nine seven zero four nine Aofosal two three

1046
00:53:54,280 --> 00:53:57,760
Speaker 3: six five two three. We will see you next week. Guys,

1047
00:53:57,960 --> 00:53:59,080
Speaker 3: see you next week, guys

1048
00:54:02,280 --> 00:54:03,360
Speaker 1: Back