Saturday Series

Is the AFR wrong? Is this a bull market?

Major mastheads only cover the top slice of the ASX, so market sentiment is set by companies that look nothing like the other 85%. Why 70% of listed companies are down in a so-called bull market, and what that means for how your shareholders judge you.

Ben Williamson

5 September 2024 · 4 min read

Talking to people during the week who were at Rising Stars in Queensland, there was the air of optimism. The sniff that things were turning around. But then you read the AFR articles and things are already amazing!

It is no surprise that we are in a two horse race, but we wanted to know by how much.

So we did the work, and it is quite shocking.

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Saturday Series

When there's no multiple, they're backing you

If you're high-growth, R&D-heavy or an explorer, there is no easy multiple for the market to anchor to. Investors are backing two things instead: a story they can understand, and a team they can see.

Ben Williamson · 9 July 2026

Saturday Series

Stop being such a Jorc!

Most of your investors are not professionals in your field, and if you only speak to the ones who already understand you, you're ignoring 99% of the public. The two answers to closing the gap between where you are and how you're priced: education and trust.

Ben Williamson · 2 July 2026

Saturday Series

Does your share price reflect reality?

Your work today won't turn into reported results for months, so the market often prices where you were, not where you are. A prompt to think about how big that gap is for your company, and how you communicate it.

Ben Williamson · 26 June 2026