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Showing 31 - 40 of 113 results for "Quantum"

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
One of the three men involved in manipulating Quantum Resources shares back in 2015 has been sentenced in the Supreme Court. Don George Evans was sentenced in the Supreme Court of Western Australia to 12 months in prison, to be released immediately ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... market sentiment has adversely impacted both the timing of committed transactions and subsequent inflows in 1H2023, and the quantum of outflows for the December quarter ($2 billion) where which proportionally above average due to some HNW and mid-market/institutional ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
Benjamin Cooper has been sentenced for conspiring to manipulate the share price of Quantum Resources, now known as Nova Minerals Limited. Cooper was sentenced to 15 months imprisonment, to be released immediately after paying $6000 and undertaking a ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

Still potential for dividends growth: Ausbil

CASSANDRA BALDINI  |  TUESDAY, 29 NOV 2022
... franking credits through off-market buybacks." Price noted in recent years, resources companies overtook banks for the sheer quantum of dividends they paid on the back of strong global demand and bank dividends being reduced during the pandemic. "In ...

AFSL boss banned by ASIC

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
ASIC imposed banning orders on Quantum Funds Management managing director Peter Gribble for failing to pay $2.5 million in Australian Financial Complaints Authority determinations. Gribble is banned from controlling a financial services business or ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... non-farm payrolls release and another CPI release, and Fed chair Jerome Powell pointed to data being the key driver of quantum of future rate hikes at their last meeting. These will be very closely monitored by both the market and the Fed and will be ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... ever recorded in the study, fuelled by the vesting of equity incentives. "This clearly raises the question of whether the quantum of rewards being delivered to senior executives is appropriate. Boards will have to carefully consider when deciding the ...

Market manipulator pleads guilty

STAFF WRITER  |  FRIDAY, 10 JUN 2022
... manipulate the share price of a resources company in 2015. ASIC alleged that in November 2015 Cooper conspired with former Quantum director Avrohom Kimelman and another to manipulate Quantum shares. Quantum is now known as Nova Minerals Limited. He pleaded ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... community, it understood that litigators generally wouldn't bother to peruse payouts below $30 million. Therefore, the quantum of the threat to super funds couldn't be understated. On prudential standards for reserving policies, the AIST stated any plans ...