In the Media

Just 35 per cent of Aussies Would Buy Property in the Current Market

Elite Agent - 19 Oct. 21

Almost two thirds of Australians believe now isn’t the right time to buy property, according to new research by financial comparison site, Finder. As housing prices continue to rise, the data shows just 35 per cent would consider buying property in the current market. Wealth Within’s Dale Gillham said it was always a good time to buy property, but that there were better times than others. “Low interest rates make the return on investment in borrowing to get into property very attractive right now,” he explained...

Social Media Under ASIC’s Watch

Money Management Powered by FE - 18 Oct. 21

Dale Gillham, chief analyst at Wealth Within, highlighted a specific Telegram chatroom which was being used to ‘pump and dump’ shares in listed company YPB. Shares in this ASX-listed stock spiked dramatically and had subsequently traded erratically during the week commencing 8 October. “What this organisation was not aware of or chose to ignore is that ASIC had been watching the share price movement of this stock for a few months. So much so, that ASIC posted on the Telegram chat forum that their participation in pumping and dumping stocks may be illegal activity that could result in fines of more than $1 million or even jail time,” Gillham said...

This Week ASIC Cracked Down on Pump and Dump Schemers, While ASX Could Finish it in the Green

Proactive Investors New - 15 Oct. 21

YPB Group is the latest stock to be subjected to the pump and dump strategies of retail investors as it rose 250 per cent in seven trading days reports Dale Gillham Chief Analyst at Wealth Within. On Monday 4 October, shares in YPB Group opened at just $0.002 and by Tuesday 12 October, the stock had risen 250 per cent to a high of $0.007. During that time, the volume of shares traded rose from an average of around 4 million shares per day to a staggering 326 million shares by Friday 8 October...

2 Big Questions Investors Should Ask as Australia Reopens

nestegg.com.au - 13 Oct. 21

Wealth Within chief analyst Dale Gillham said that there are two big questions that investors need to ask themselves if they’re looking to take advantage of the post-pandemic economic growth of the mineral sector. “Given that BHP, RIO and FMG are all effected by the iron ore price, the first question investors need to ask is whether the price of iron ore has stopped falling,” Mr Gillham said, adding that he doesn’t believe it has. Mr Gillham noted that in the months since China announced it was cutting steel output, Australia’s biggest mining companies have been slammed on the stock market...

Will the Class Action Against a2 Mean More Spilt Milk?

Money Magazine - 08 Oct. 21

Dale Gillham, stock market analyst from Wealth Within, said "Former stock market success story a2 Milk is in the news once again as Slater and Gordon file a class action on behalf of shareholders alleging that a2 Milk engaged in misleading or deceptive conduct between August 2020 and May 2021. The question for shareholders right now is whether this class action will negatively impact the share price of a2 Milk...