ASX:TAW 24 September 2025

Tawana Resources (TAWNF) 2025 Stock Skyrocket: Lithium Revival or Mirage?

TAWNF shares jumped over 3,600% in 2025, rising from $0.011 to $0.416, but the surge reflects a ticker change to Thai Airways, not a mining revival. Tawana Resources’ lithium assets were absorbed by Mineral Resources after insolvency; the company remains in liquidation. Bald Hill mine now operates under MinRes. TAWNF trading now relates to Thai Airways, not lithium.

24 September 2025

ASX:MIN·ASX:TAW·Stock Market

Spire's Share Price Pullback: Overvalued Despite Premium Valuation
March 22, 2026, 6:55 AM EDT. Spire (SR) shares declined 4.7% in the past week and 2.3% over the month, trading around $88.44. Despite a solid long-term return record-6.3% year-to-date and over 47% in five years-the stock scores 0 out of 6 on valuation measures, raising concerns. The Dividend Discount Model (DDM), which calculates intrinsic value based on projected dividends and growth, estimates Spire is overvalued by 17.4%, implying a fair price near $75.36 per share. Spire's Price-to-Earnings (P/E) ratio stands at 19.34x, higher than the Gas Utilities sector average of 15.06x and its peers at 18.68x, signaling a premium valuation. Investors should weigh these valuation red flags against the company's dividend yield and industry position before adjusting holdings.