Stockhead Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. RAS Technology gets buy rating, target price $1.66 Chrysos tech disrupts mining, target price $6.32 RTH, C79 both poised for major growth in their industries RAS Tech ready to race ahead, says broker Ord Minnett has initiated coverage on RAS Technology Holdings (ASX:RTH) and given the company a 'buy' recommendation , setting a target price of $1.66 per share (versus current price of $0.86). Founded in 1999, RAS Technology provides data and content services to the racing and wagering industries. Since listing on the ASX in 2021, the company has been growing rapidly, doubling its revenue and expanding its global reach to markets including Australia, the UK, the US and Asia. It now serves major players like Tabcorp, Entain, and rising star Stake.com. RTH helps the wagering industry by providing valuable data that make betting easier and more efficient. The company collects and analyses lots of information about races, which betting companies use to set odds and predict outcomes. RTH also offers content such as race previews and expert tips to keep customers engaged; and helps racing authorities monitor betting activity to ensure everything is fair. The company has a business model that combines subscription-based SaaS with transactional revenue. As a result, annual recurring revenue (ARR) has surged from $4 million to $19 million in just a few years. Looking ahead, Ord Minnett points to several key growth drivers. One of the most exciting is its relationship with Stake.com, a leading online sportsbook. This partnership, which started in 2024, could prove to be RTH's most lucrative, as the company earns a share of Stake's gaming revenue from its racing business. On top of that, RTH’s strong relationships with existing customers like Tabcorp and Entain will continue to fuel growth. The company is also branching into new partnerships with Playbook Engineering, which should boost its presence in the wagering tech space, according to the broker. Despite a 15% dip in share price after a recent AGM update, Ord Minnett sees this as a potential buying opportunity. The broker reckons the sell-off was mainly due to confusion over the company's strategic shift, and says that RTH’s fundamentals remain solid. Looking ahead, RTH is expected to see 26% revenue growth in FY25, with a 20% compound annual growth rate (CAGR) over the next three years. Its ARR is projected to rise from $19 million in FY24 to over $30 million by FY27. Big upside for Chrysos in gold-mining tech E&P Research has initiated coverage on Chrysos Corporation (ASX:C79) with a 'positive' rating and a price target of $6.32 per share (versus current price of $4.52). Chrysos, a company formed in 2016, has developed a new way to analyse mineral samples, dubbed PhotonAssay. This technology, which uses high-energy X-rays to quickly and accurately measure gold in rock samples, is set to replace the traditional fire assay method that has been in use for over 2000 years. It’s supposed to be faster, cleaner and more cost-effective. The science behind PhotonAssay was developed by CSIRO and commercialised by Chrysos. It has already gained traction in the gold-mining industry, with machines deployed in major gold mines and labs worldwide, including Barrick-Newmont and other big players. In fact, PhotonAssay machines are now installed in over 30 locations across four continents. The company’s business model is based on leasing these machines long-term, with a mix of fixed payments and additional charges based on usage. Over the life of each machine, Chrysos expects to earn up to $20 million, while the cost of making one is around $4 million. According to E&P, the technology has the potential to analyse other metals like copper and silver. Right now, however, gold is the main focus. E&P Research said it’s bullish on Chrysos for several key reasons. First, the company has positioned itself in a unique market with a disruptive technology that is rapidly gaining traction. The gold-mining industry is eager for a faster, cheaper and cleaner solution to traditional methods, and PhotonAssay delivers on all fronts. Secondly, Chrysos is targeting a total addressable market of 610 machines, which could generate a revenue of $1.1 billion globally. E&P also believes that, as the demand for efficient mining technologies continues to rise, PhotonAssay’s application to a broader range of minerals gives the company significant runway to expand its customer base. The views, information, or opinions expressed in this article are solely those of the brokers and do not represent the views of Stockhead. Stockhead has not provided, endorsed or otherwise assumed responsibility for any financial product advice contained in this article . Originally published as Broker Upgrades: Why RAS Technology and Chrysos could be set for big growth and price upsides More related stories Stockhead Dr Boreham’s Crucible: ‘The sun is coming up’ for this skin-regeneration specialist Avita Medical’s approved spray-on skin burns treatment has the runs on the board. Now all it has to do is execute commercial rollout and show consistent profitability. Easy, right? Read more Stockhead Niobium dreams send Aldoro higher Aldoro Resources has gained 250% in the past month, with niobium punters itching for drilling results from its Kameelburg project in Namibia. Read more( ) - When I heard about AI glasses that let you "see" what people are saying, I was skeptical. But after trying them on, I was proven wrong. The give you closed captions for the real world. The right lens has a small, transparent display that shows you conversations, but you can still see the people you're talking to. "The mission is... using the technology to help others," said Ting Chen, vice president of marketing for the company behind the glasses. The glasses are lightweight but a bit thicker than your typical spectacles. They connect wirelessly to a smartphone, which uses the Hearview app to listen to what people are saying. Those conversations are transcribed in near real time using AI, and then the words are displayed on the tiny see through screen. The system seems to be very accurate and works with 13 languages - and although there is a bit of a delay, it won't necessarily matter if you can't hear the words being spoken out loud. The glasses come in one style but can be outfitted with a magnetic sunglass clip or prescription lenses. The battery lasts about 7 hours on a charge. The result is impressive and potentially very useful for the hard of hearing. "So far, overwhelmingly positive. The folks who have purchased the glasses, used it in the community, they loved it," said Chen. The downside? The price. Hearview glasses retail for about $2,000, but are often on sale for less. The company says the price could come down as the tech evolves. Various other big tech firms are working on glasses that could perform similar functionality - including Apple's Vision Pro, Meta's Project Orion and Snapchat's Spectacles. However, all of those solutions are either still in development or, in the case of Vision Pro, too bulky and pricey to be used on the go. "This is a very, very powerful new tool so that it can enrich the life of many (in the) deaf community," concluded Chen. Up next, Hearview is working on AI that can translate sign language into text. To remove this article -On one hand, many players have praised the "Blue Skin" option for its bold and creative approach to character customization. The dazzling blue color adds a fantastical element to the game, making players stand out in the world of Valhalla. Some players have described the blue skin as "ethereal" and "magical," enhancing their overall gaming experience and allowing them to express their individuality in a new and exciting way.The conclusion of the hearing marks a significant milestone for Manchester City, signaling the end of a tumultuous chapter in their history. The club can now look forward to a new chapter, one that is hopefully free from controversy and legal battles.
In conclusion, algorithm-driven profit maximization poses significant challenges to society, including the rise of "systemic coldness" in business interactions. It is imperative for businesses to recognize these challenges and take proactive steps to mitigate the negative impacts of algorithmic decision-making. By prioritizing ethics, transparency, and human connection, businesses can harness the power of algorithms for positive change and create a more empathetic and inclusive business environment.None
Exciting times lie ahead for the Madridistas. Stay tuned for more updates as the drama unfolds on and off the pitch. The king has spoken, and his decree is clear: Vive el Madrid! Hala Madrid!
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The successful inscription of the Spring Festival on the UNESCO Representative List of Intangible Cultural Heritage of Humanity is a testament to China's commitment to preserving its cultural heritage. The Spring Festival, also known as Chinese New Year, is the most important traditional festival in Chinese culture, marked by various customs and rituals such as family reunions, feasting, dragon and lion dances, and fireworks. The inscription of the Spring Festival on the UNESCO list not only recognizes its cultural significance but also promotes intercultural dialogue and mutual understanding among countries.
The incident, which was captured on camera and quickly went viral on social media, showed Pique executing a skillful nutmeg on Setien, leaving the coach red-faced and humiliated. The footage spread like wildfire, with fans and pundits alike weighing in on the clash between the two personalities.An epic movie deserves an epic Q&A, and on Friday, November 15 director Ridley Scott was joined by 16 of his collaborators at the Paramount Theater in Hollywood to discuss the making of “ Gladiator II ” in front of a packed house of fellow filmmakers. The panel, moderated by yours truly, consisted of Scott, cinematographer John Mathieson, costume designer Janty Yates, military costume designer Dave Crossman, production designer Arthur Max, editors Claire Simpson and Sam Restivo, hair dept head Giuliano Mariano, make-up dept head Jana Carboni, composer Harry Gregson-Williams, visual effects supervisor Mark Bakowski, supervising sound editor Danny Sheehan, supervising sound editor/re-recording mixer Matthew Collinge, production sound mixer Stéphane Bucher, and casting director Kate Rhodes James. When asked what characteristics he looks for when assembling a team of department heads, Scott was clear and to the point. “First, stamina,” he said. “Then, talent.” He said that he discovered “ Gladiator II ” lead Paul Mescal while watching “Normal People” late at night on TV. “I need bedtime stories. Before I go to bed I always watch something. I caught ‘Normal People’ almost by accident. It was not my kind of thing really, but I watched two and thought that both the guy and the girl were terrific. Then I binged eight hours.” James said other people were discussed — a notion Scott playfully challenged — but Mescal had the exact combination of qualities needed to step into Russell Crowe’s shoes. Mescal’s Lucius was just one of many new characters created for “Gladiator II,” and Mariano and Carboni revealed a surprising influence on twin emperors Geta (Joseph Quinn) and Caracalla (Fred Hechinger): punk rock royalty The Sex Pistols. “Ridley wanted them to be very edgy,” Carboni said. “Johnny Rotten was actually the reference, especially for the color of the hair.” Yates said that she took particular pleasure in dressing Denzel Washington’s Macrinus, a former slave and now brutal social climber whose appearance conveys his appreciation for the good things in life. “One thing I love is that he wore his earrings constantly,” she said. “I thought it was going to be a huge battle, but the jewelry, the bracelets, the big belts...he wore it all so well and loved it.” Many of the people on the panel had worked on the first “Gladiator,” including production designer Arthur Max. A refrain throughout the Q&A was the notion that as sweeping as the original film was, the mandate for “Gladiator II” was to make it even bigger. “We supersized the original movie,” Max said, noting that digital effects were in their infancy when he worked on the first film and that evolving technology allowed him to increase the scale for “Gladiator II” — even filling the Colosseum with water and sharks. For Scott, expanding the scope is just in keeping with creating new challenges for himself on every new film; at 86, he’s already location scouting his next epic. “I feel alive when I’m doing a movie,” he said. Watch the “Gladiator II” all-guild Q&A in its entirety in the video posted above.In conclusion, the discovery of the giant terror ants inside lollipop packaging underscores the need for strengthened measures to prevent the illegal trafficking of invasive species. By raising awareness, enhancing surveillance, and enforcing strict penalties for wildlife smuggling, we can protect our environment and biodiversity from the devastating consequences of foreign species invasion.
Coronation Street fans spot 'missing' character after Daniel's horror crashThe situation in Syria has been increasingly volatile, with escalating violence and instability causing great concern among the local Chinese community. Reports have emerged of Chinese nationals in Syria frantically stockpiling supplies in preparation for potential emergencies, such as the need to flee the country on fishing boats.
In the eyes of the farmers who affectionately call him "Guo Wheat," Professor Guo Tiancai is not just an expert or educator – he is a trusted friend, a dedicated ally, and a beacon of hope for a brighter, greener future.
The situation in Syria has been increasingly volatile, with escalating violence and instability causing great concern among the local Chinese community. Reports have emerged of Chinese nationals in Syria frantically stockpiling supplies in preparation for potential emergencies, such as the need to flee the country on fishing boats.
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In a cinematic landscape dominated by action blockbusters and intense dramas, "Moonlight Bang!" stands out as a light-hearted and refreshing addition that is sure to leave a lasting impression on audiences of all ages. With its mix of laughter, love, and unexpected surprises, this comedy film is poised to be a crowd-pleaser that will put a smile on everyone's face.
