Good Afternoon and welcome to HotCopper Highlights for Week 35 of the year, I’m Jon Davidson. These are the stocks you were watching and discussing most this week, starting with the most viewed.
Invictus Energy was by far the most viewed and most discussed stock this week as the company finally delivered something other than a delay to its key project in Zimbabwe. None other than the Qatari Royal Family are buying a $40M stake in Invictus, reflecting just less than 20% of the company. That’s as the Qatari dynasty now prowl Africa for the next big gasfield, meaning Invictus really was in the right place at the right time. But for now, a group of very loyal shareholders reckon the company’s CEO just performed a miracle.
Elsewhere, Electro Optic Systems caught eyes as that company won a key counter-drone early stage contract from the Australian Department of Defence over Droneshield, a stock more commonly associated with the CUAS sector. It also recently shot up on the delivery of an anti-drone laser weapon to a NATO country, suggesting DRO might need to start looking over its shoulder.
Finally, Telix Pharma catching eyes across the late week after the FDA rejected a key PET scan imaging agent, making this one of several FDA hiccups the company’s experienced through 2025. That included the rejection of one product earlier this year that the US agency itself had already approved – leaving some to wonder what exactly is happening behind closed doors at the American drug regulator.
And so what about the most discussed?
Nanoveu Limited on the boards as that AI microchip tech player continues to work on keeping battery-powered drones in the air for longer, offering something of a complementary value prop to the counter drone defence thematic.
Larvotto Resources continues to remain a forum favourite, even as the tide of momentum appears to have turned back towards rare earths over antimony, though the latter still remains hot – as evidenced by activity around the stock on the forums.
Finally, long-time forum favourite Zip Co back on the boards as the company remains closeish to its gangbusters COVID-era highs that put the company on the map. With the ASX behaving the way it is lately, we could just well see a long-awaited comeback story for that fintech.
That’s HotCopper Highlights for Week 35, I’m Jon Davidson, have a great weekend and we’ll see you on Monday.