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Market Favors AI and Mining Deals | Sydney News
Description
June’s ASX saw a $3.5 billion capital rush into 56 deals, spotlighting mining and AI as the hottest sectors. Investors favored companies with clear revenue paths—whether mining minerals or powering AI—with “productive dilution” winning the day. Companies just trying to survive struggled, often needing steep discounts and lukewarm interest. Megaport, Forrestania, and KGL pulled in hundreds of millions to expand AI infrastructure and acquire gold and copper assets, setting the tone: show tangible growth, not just survival, to attract serious capital.
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