Independent Investment Research, "IIR", is an independent investment research house based in the USA and Australia.

ICT is an Vocational Education Training (VET) provider delivering accredited and non-accredited education and training solutions. In response to the economic impact stemming from the COVID-19 pandemic, the Federal, State and Territory Governments announced a number of stimulus packages for the VET sector - The company has directly benefited from these grants off setting any income that was expected from Overseas Students.

We have upgraded our price target from $1.12 to $1.19 per share. This represents a 63% premium to the share price of $0.73 at 22 February 2021. The upgrade is driven by two key factors: (1) Faster than expected growth in the Aggregation segment in 1H’FY21 has offset a reduction in forecast net interest income due to a reduction in forecast settlements in the Wholesale segment and declining interest rates, and.....

We thought we’d kick off the year by taking a look at the top performing companies in the index for 2020. The top 10 performers are tabled below. There were some impressive returns for some of the companies in the index with 29 companies share prices rising by 100% or more.

Pure Minerals at A$0.019/sh would have a market capitalization of A$16.1M. Our NPV for the NiCo plant ranges from A$47M using the cycle price lows of the last three years to A$585M using cycle price highs over the last three years.

Our view is that Hexagon represents an excellent ‘ground-floor’ opportunity for investors to gain exposure to REE through a lower-risk, more commercially advanced business strategy than a typical upstream REE exploration/development play. The initial commercialisation strategy, targeting licencing the technology, will require relatively limited capital (and thus result in less dilution for shareholders), and will be located in North America

Since rewarding shareholders with a A$0.22/share return of capital and fully franked dividend from the sale of the 30% share in the Springfield JV to Sandfire Resources - Talisman Mining is now concentrating exploration activities on the Cobar Basin.

The Fund is one of the more attractive propositions this analyst has seen in the asset class. we believe it is very well positioned to capitalise on the private debt premia, which compromises three components: 1) an illiquidity premium, 2) a complexity premium, and, 3) and a supply / demand premium.

The Trust is an attractive income play and also a thematic play on the continuing evolution of the Australian non-ADI lending market. Non-ADI (private debt) lenders continue to take an increasing share of the overall market due to the unwillingness / inabilities of banks to extend certain loans

Data Collected on a Monthly basis by the IIR Research team on the whole sector. ratings are applied to those Managers who participate in LIC/LIT/ETF Research Scheme and ratings are applied to those managers who participate in the IIR LIC/LIT/ETF Research and these ratings are subject to continuous coverage on a monthly basis.