Tabcorp Holdings Limited (TABCF)
- Simply Wall St.
Exploring Undervalued Small Caps With Insider Action In Australia June 2024
Amidst a backdrop of fluctuating indices, the Australian market has shown mixed signals, with sectors like utilities and communications experiencing growth while materials lag behind. This nuanced landscape sets an intriguing stage for exploring undervalued small-cap companies that may offer unique opportunities in the current economic environment. A good stock in this context would ideally demonstrate resilience and potential for growth despite broader market volatility, making it an...
- Simply Wall St.
Exploring Undervalued Small Caps With Insider Actions In June 2024
Amidst a fluctuating Australian market, with the ASX200 experiencing a slight downturn and sectors like IT and Energy facing declines, small-cap stocks remain a focal point for investors seeking potential growth opportunities. The current economic backdrop, marked by challenges in global markets such as China's property sector woes, sets a complex stage for identifying undervalued small caps that could offer substantial value in these turbulent times.
- Reuters
Australia's Tabcorp appoints former AFL boss Gillon McLachlan as CEO
The appointment comes months after former chief Adam Rytenskild resigned over allegedly using "offensive" and "inappropriate" language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures. "TAH has been without CEO since Mar-24, and given the variety of initiatives ongoing within the company, the appointment of Gillon McLachlan should be seen as positive," analysts at Jefferies wrote in a note. McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.
