External broker reports(aggregated public sources), Moelis Australia Ltd

MA Moelis Australia

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External broker reports(aggregated public sources)

Moelis Australia Ltd

Equity Bottom-Up

<ul><li>We have reviewed peer quarterly reports and note commentary on domestic market activity.</li><li>Competitors have reported lower utilisation rates vs pcp, as well as weather impacts.</li><li>While there have been fewer domestic junior raisings CYTD, momentum suggests an improving trend into the remainder of CY23.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We have reviewed peer quarterly reports and note commentary on domestic market activity.Competitors have reported lower utilisation rates vs pcp, as well as weather impacts.While there have been fewer domestic junior raisings CYTD, momentum suggests an improving trend into the remainder of CY23.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

DDH1 - Well Placed to Capitalise on Exploration Momentum Recovery