<turbo-stream action="append" target="latest-wire-list"><template>
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            <a class="pre-header-sm lg:pre-header-md uppercase text-primary hover:underline" href="/categories/equities">Equities</a>

          <div class="__Wires_TolTagComponent_46277 w-36"></div>
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          <time datetime="2020-11-16T09:50:20+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 16, 2020 09:50</time>
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              A globally significant financial asset trading at a local valuation
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  The ownership of a mineral royalty (a contractually established financial asset) over a producing or near-production mining asset has been the basis of many Australian...
</div>

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>
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    <div data-controller="tooltip">
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    <div
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>
  <div class="flex items-center gap-2">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Iluka Resources Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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          <div 
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  data-followable-type="stock_code"
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</div>

    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
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    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="46277" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/a-globally-significant-financial-asset-trading-at-a-local-valuation">
      +1
</a></div>

        </div>
        <div class="pt-4 pb-4 lg:pb-2 hidden sm:block">
          <div class="flex gap-2">
    <div data-controller="tooltip">
  <a aria-label="BHP" data-controller="event" data-event-name-value="link_click" data-event-id-value="46277" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-bhp">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">BHP</span>
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">BHP Group Ltd</div>
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      <div class="flex items-center py-4 border-t border-light">
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          <div 
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    <div class="h-0 w-full flex justify-center">
      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
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    <div data-controller="tooltip">
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    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">DRR</span>
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Deterra Royalties Ltd</div>
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-2651">
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    <div data-controller="tooltip">
  <a aria-label="ILU" data-controller="event" data-event-name-value="link_click" data-event-id-value="46277" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-ilu">
    <div
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>
  <div class="flex items-center gap-2">
    <span class="text-bold-md">ILU</span>
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</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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        <div class="flex flex-col">
          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Iluka Resources Ltd</div>
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</a>    <div class="px-4 mt-0.5">
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  </div>
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    <div data-controller="tooltip">
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    <div
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>
  <div class="flex items-center gap-2">
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</div>

</a>  <div class="hidden" data-tooltip-target="content">
    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">RIO Tinto Ltd</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1734">
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              Why we&#39;re bullish on lithium
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   			 				 					 						This quarter we wanted to focus on the significant medium-term opportunity around raw materials for Electric Vehicles (EVs), and particularly...
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        Ausbil
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        <time datetime="2020-11-16T08:17:18+11:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">November 16, 2020 08:17</time>
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          <time datetime="2020-11-16T07:11:16+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 16, 2020 07:11</time>
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          <div class="sm:flex-grow">
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              A two-step process to finding &quot;true value&quot;
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  As Warren Buffett once said: “Price is what you pay; value is what you get.” This simple definition underpins the logical pursuit of value investors to make...
</div>

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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>A reliable small cap that remains <span class="whitespace-nowrap">overlooked<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  Richard Ivers, portfolio manager at Prime Value Asset Management, says that investors get lured towards ‘new and shiny’ opportunities when looking at small caps. This...
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  Today, investors find themselves in the midst of a “growth at any price” bubble, characterised by very high concentration in market capitalisation, narrow performance...
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  The tsunami of monetary and fiscal stimulus this year is a continuation of the policies implemented when the Financial Crisis began. When these first started the few...
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              Innovative disruption: balancing disbelief with unlimited upside
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        Livewire Markets
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          <time datetime="2020-11-13T16:34:48+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 16:34</time>
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              FAANGM-mania, or are there good reasons for these high prices?
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         Beatle-mania? Maybe, but it turned that John, Paul, George and Ringo sold a lot of records  Even after the recent pullback as a result of news of a likely COVID...
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          <time datetime="2020-11-13T16:30:47+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 16:30</time>
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  Although still subject to some legal disputation, markets so far have confidently concluded that Democrat Joe Biden will be the next US President. This note assesses...
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        Betashares
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          <time datetime="2020-11-13T14:43:48+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 14:43</time>
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              Why Hempton likes big tobacco and value stocks
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  John Hempton, the eccentric hedge fund manager who retired at 39, then founded Bronte Capital after receiving threats of divorce from his wife, has revealed some of...
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        Livewire Markets
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          <time datetime="2020-11-13T14:21:47+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 14:21</time>
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              An extraordinary clash of conditions in investment markets
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  Investment markets have a host of both positive and negative factors fighting for supremacy. The real question is whether central banks and governments will engineer a...
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        Nucleus Wealth
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              Big news: Melbourne house prices are rising again...
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  In the AFR today I write that I am delighted to deliver big news: despite Melbourne&#39;s horrifically long lockdown, home values are increasing again alongside the price...
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        Coolabah Capital
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          <time datetime="2020-11-13T10:00:24+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 10:00</time>
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              Is bitcoin delivering on its promise?
            </h2>
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  2017 saw an extraordinary surge in the price of a Bitcoin. After beginning the year at around $1,000, the world’s first cryptocurrency reached prices of close to...
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      <div>
        Montgomery Investment Management
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          <time datetime="2020-11-13T09:09:58+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 09:09</time>
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              The road to recovery for AREITS
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  The global recovery post the pandemic remains uncertain with the fallout from the US election, US fiscal cliff, Brexit, and a COVID-19 second wave sweeping through...
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          <time datetime="2020-11-13T09:00:28+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 09:00</time>
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  Wow, what a week! Pfizer announces it has a vaccine almost set to go, and hasn’t the market reacted! Happily for our investors, The Montgomery Fund has already pivoted...
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          <time datetime="2020-11-13T08:50:03+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 08:50</time>
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  Plus, Northern Star’s Bill Beament says his stock is a ‘screaming buy in the $14s’ and Kairos steps up the hunt for a Hemi of its own The market cap of Chalice Gold...
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          <time datetime="2020-11-13T06:30:18+11:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">November 13, 2020 06:30</time>
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              Growth Investing in rising and falling markets
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  2020 was a strong year for Lakehouse Capital, despite a very challenging environment. The Lakehouse Global Growth Fund has delivered 44.9% over the past 12 months and...
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>Buy Hold Sell: 5 bulletproof growth <span class="whitespace-nowrap">stocks<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  After a tumultuous year in which growth stocks dominated, the announcement of a successful vaccine has investors questioning whether these trends will continue. With...
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