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Daniel Andrews: never apologise, never explain

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What stands out the most about Daniel Andrews announcement today? One short line uttered near the beginning of his press conference.

“There was simply no way we could have a debate,” the Premier declared about his devastating lockdown measures. Nothing like confirming his status as Dictator Dan. Dictator Dan who will never apologise and never explain — only equivocate.

Look at the oleaginous statement he released this morning:

We get the forced jocularity of “in good news for those sizing up the scissors or cautiously contemplating a buzzcut –hairdressers will be able to open, with strict safety protocols in place.”

We get all the appeals to stick the course.

But, again, all of these are overwhelmed by…



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Aerometrex (ASX:AMX) share price on watch after announcing new bushfire product // Motley Fool Australia

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The Aerometrex Ltd (ASX: AMX) share price will be on watch on Thursday after the announcement of a very promising new product development.

What did Aerometrex announce?

This morning the Nearmap Ltd (ASX: NEA) rival announced that it has developed a new technology that is able to determine, in three dimensions, the exact fuel load densities in any bushfire prone region in Australia.

The aerial mapping company believes the breakthrough should allow emergency authorities, government, and communities to adopt a far more science-based and pre-emptive fuel load strike position ahead of this year’s bushfire season.

Management advised that this product is an advance of its existing LIDAR (Light Detecting and Ranging) technology. It was…



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This ASX dividend share offers a fully franked 10% yield // Motley Fool Australia

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When it comes to ASX dividend shares, usually investors are sceptical when a yield of 10% or more is on offer. These shares are often referred to as ‘dividend traps’ because the yields simply look too good to be true (and in a dividend trap’s case, they are). However, sometimes an opportunity for a 10%-plus yield is worth a good look. 

So today, I’ll be looking at an ASX dividend share that indeed offers a trailing dividend yield of 6.95% on current prices, which grosses-up to 9.93% if you include the value of its full franking credits.

That share is WAM Research Limited (ASX: WAX)

What is WAM Research?

WAM Research is a listed investment company (LIC), which basically means it’s a company that buys and sells shares of…



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Ecofibre Share Price Cops A Caning

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Ecofibre results Q1 21

Hemp industry high flyer Ecofibre was punished by the market on Tuesday after release of its Appendix 4C Quarterly Report for the three months ended 30 September 2020.

ASX-listed Ecofibre (ASX:EOF) reported cash flow and revenue remained generally in line with its 4Q20 result, below the previous corresponding period and analyst estimates. Ecofibre reported unaudited revenue for 1Q21 of $7.1m, down 5% from 4Q20 ($7.5m).

“.. the Directors wish to advise that the Company expects to incur a loss in 1H21 and at this time we are targeting a break even result for FY21,” it states.

Chairman Barry Lambert said the situation wasn’t unexpected due to a number of factors. These included severe political and social disruption due to COVID-19,…



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