We spoke about how the impact of COVID 19 had to an extent overshadowed the February 2020 Reporting Season. We looked at the charts of about 20 varied stocks and how their Net Profit after Tax and dividend to shareholders had impacted those charts.
We also discussed a new ASX All Technology Index and how it seemed to be a combination of two current indexes, namely the Information Technology Index and Consumer Services Index. We looked at their Top 10 Constituent stocks and found that they all fell into the large and medium cap stocks of the Information Technology Index and the Consumer Services Index.
Finally we mentioned the share purchase plan available from Bendigo and Adelaide Bank which had had a successful Institutional Placement of $250M, and was now offering $50M of new shares to retail investors. This offer closed on 13 March, and as the market fell substantially to this closing date, retail investors paid considerably less than the $9.34 that Institutional investors had paid for each Bendigo share.
From 21 March 2020 U3A Benalla meetings have been suspended due to COVID-19 until the second semester.
You will all receive Email notification when we are allowed to recommence meetings.