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Podcast: Australian Investors Podcast
Episode: WiseTech raided, CSL tanks 16% & revealing our best stock on the market
Description: Two former ASX darlings just had their worst day in years. WiseTech shares plunged 15.9% after the AFP raided offices over alleged insider trading by founder Richard White. CSL also crashed 15.9%, wiping out $40 billion in value over two months after downgrading earnings and shelving its vaccine spin-off.
In this Australian Investors Podcast episode, Owen Rask, Chief Investment Officer of Rask Invest, and Drew Meredith, Director of Wattle Partners, dissect whether these crashes are buying opportunities or serious red flags.
They also tackle the uranium boom (up 74%!), reveal their biggest winners...