Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

Shenton Research

Shenton Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Aug 14th (reported today). The aggregated short interest was USD49.4bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in CSL, South32, Iress, Computershare, Coles.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Aug 14th (reported today). The aggregated short interest was USD49.4bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in CSL, South32, Iress, Computershare, Coles.


ASX Short Interest Weekly (Aug 14th): CSL, South32, Iress, Computershare, Coles

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Gold fever continues Down Under as <strong><a href="https://www.smartkarma.com/entities/ausgold-ltd" target="_blank" data-smartkarma-citation="entities:19133:1" rel="noopener">Ausgold Ltd (AUC AU)</a></strong> enters into a Scheme with <strong><a href="https://www.smartkarma.com/entities/oceanagold-corp" target="_blank" data-smartkarma-citation="entities:25379:1" rel="noopener">OceanaGold Corp (OGC CN)</a></strong><a href="https://www.smartkarma.com/entities/oceanagold-corp" target="_blank" data-smartkarma-citation="entities:25379:1" rel="noopener"></a>.</li>
<li>OceanaGold is offering 0.03365 new shares for each Ausgold share, or an indicative Offer price of A$1.36/share, a 28% premium. A capped cash option is afforded, also at A$1.36/share.</li>
<li>Post merger, Ausgold shareholders would hold ~7.9% (if 100% scrip consideration). A key shareholder and directors (collectively holding 9.1%) are supportive. December completion expected.  Clean deal. Interlopers possible.</li>
</ul>


Gold fever continues Down Under as Ausgold Ltd (AUC AU) enters into a Scheme with OceanaGold Corp (OGC CN).
OceanaGold is offering 0.03365 new shares for each Ausgold share, or an indicative Offer price of A$1.36/share, a 28% premium. A capped cash option is afforded, also at A$1.36/share.
Post merger, Ausgold shareholders would hold ~7.9% (if 100% scrip consideration). A key shareholder and directors (collectively holding 9.1%) are supportive. December completion expected.  Clean deal. Interlopers possible.


OceanaGold (OGC CN) Claims Ausgold (AUC AU). Clean Deal

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Aug 7th (reported today). The aggregated short interest was USD49.9bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Northern Star Resources, Qantas Airways, Santos, CSL, Qbe Insurance.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Aug 7th (reported today). The aggregated short interest was USD49.9bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Northern Star Resources, Qantas Airways, Santos, CSL, Qbe Insurance.


ASX Short Interest Weekly (Aug 7th): Northern Star Resources, Qantas Airways, Santos, CSL

Research from Atrium Research, Atrium Research Corporation

Atrium Research

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Thematic (Sector/Industry)

<ul><li>Producers, developers, and explorers continue to trade at low multiples.</li><li>These low multiples make for great buying opportunities; there are plenty of standout winners despite the weak performance</li><li>We anticipate the number of bankruptcies to rise as companies struggle to raise funds and treasuries dwindle</li></ul>

Producers, developers, and explorers continue to trade at low multiples.These low multiples make for great buying opportunities; there are plenty of standout winners despite the weak performanceWe anticipate the number of bankruptcies to rise as companies struggle to raise funds and treasuries dwindle

<ul>
<li>We analysed the earning revision of component stocks of MS-Australia in the past month.</li>
<li>We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.</li>
<li>We highlighted EPS revision on BHP, Rio Tinto, Lynas Rare Earths, Woodside Energy, Evolution Mining, Santos.</li>
</ul>


We analysed the earning revision of component stocks of MS-Australia in the past month.
We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.
We highlighted EPS revision on BHP, Rio Tinto, Lynas Rare Earths, Woodside Energy, Evolution Mining, Santos.


MS-Australia Index Earning Revision (Jul): BHP, Rio Tinto, Lynas Rare Earths, Woodside Energy

Australia

Northern Star Resources Ltd manufactures precious metals. The Company provides mining and production of gold. Northern Star Resources serves customers in Australia and North America.

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Northern Star Resources (NST AU)

ASX Short Interest Weekly (Aug 14th): CSL, South32, Iress, Computershare, Coles

We analyzed ASX short interest report for the past week and highlight short interest changes in CSL, South32, Iress, Computershare, Coles.

Ke Yan, CFA, FRM

OceanaGold (OGC CN) Claims Ausgold (AUC AU). Clean Deal

A straightforward gold merger. Trading tightish at a gross/annualised spread of 4.2%/11.7%, assuming late December completion. If you can take down...

David Blennerhassett

ASX Short Interest Weekly (Aug 7th): Northern Star Resources, Qantas Airways, Santos, CSL

We analyzed ASX short interest report for the past week and highlight short interest changes in Northern Star Resources, Qantas Airways, Santos,...

Ke Yan, CFA, FRM

Mining Monthly: November Edition

Producers, developers, and explorers continue to trade at low multiples. These low multiples make for great buying opportunities; there are plenty...

Atrium Research

MS-Australia Index Earning Revision (Jul): BHP, Rio Tinto, Lynas Rare Earths, Woodside Energy

We analyzed MS-Australia's consensus for Jul 2026 and highlighted changes of EPS in BHP, Rio Tinto, Lynas Rare Earths, Woodside Energy, Evolution...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

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