Welcome to this week’s edition of 18 Share Tips: our weekly selection of top ASX shares, chosen by leading analysts, that we think are worth considering.
This week Andrew Wielandt of DP Wealth Advisory, Elio D’Amato of EnviroInvest, and Warwick Grigor of Far East Capital share their ‘Buy’, ‘Hold’ and ‘Sell’ recommendations.
Please note these share tips are simply recommendations and are in no way intended as financial advice. These share tips are general advice and don’t take into account any individual’s financial situation. Investors are advised to seek professional financial advice before investing.
Andrew Wielandt, DP Wealth Advisory
BUY RECOMMENDATIONS
BUY – Milford Australian Absolute Growth Complex ETF (MFOA)
This exchange traded fund invests in a diversified portfolio of predominately Australian equities, complemented by selective exposure to international equities, fixed interest securities and cash. The fund aims to generate returns of 5 per cent above the Reserve Bank of Australia’s cash rate. The fund also aims to preserve capital in times of uncertainty. Recent major holdings included BHP Group, National Australia Bank and Westpac Bank. This ETF proved its resilience during market volatility in March 2026. The ETF has risen from $10.87 on June 12, 2025 to trade at $11.31 on June 11, 2026. We like MFOA’s outlook in volatile and stable times.
BUY – Betashares FTSE Rafi Australia 200 ETF (QOZ)
This exchange traded fund offers a point of difference from many other ETFs. It considers fundamental size or economic footprint of a business, rather than just its market capitalisation. Consequently, this ETF focuses more on value businesses. Portfolio holdings included BHP Group, Commonwealth Bank of Australia and Woodside Energy Group at June 10, 2026. The ETF has posted returns of 10.87 per cent per annum over the past five years and 19.12 per cent in the past year to May 29, 2026. Consistent performance is appealing during volatile times.
HOLD RECOMMENDATIONS
HOLD – Ampol (ALD)
Ampol is Australia’s biggest petrol and convenience network. It also owns the Lytton oil refinery in Queensland. The Middle East crisis is positive for the company’s refining margins and earnings growth is expected to continue moving forward. The convenience retail segment provides the benefit of diversification. A significantly increasing share price in the past 12 months reflects market optimism, so ALD remains a hold at these levels.
HOLD – Wesfarmers (WES)
The company’s operations span across a diversified industrial portfolio, including retail, fertilisers, chemicals and more recently healthcare. However, the market is cautious about a slowing domestic economy under pressure from rising interest rates. A proposed change in taxation treatment for capital gains may slow the property market. Wesfarmers is one of the biggest employers in Australia, so a minimum 4.75 per cent wage increase for employees from July 1, 2026 may also weigh on the minds of investors.
SELL RECOMMENDATIONS
SELL – PEXA Group (PXA)
PEXA is a digital property exchange business operating in Australia and more recently the UK. Australian property transaction volumes grew by 7 per cent in the third quarter of 2026, but moderated in the UK from the first half. In our view, recent proposed changes to capital gains tax and negative gearing are likely to have a cooling impact on the Australian property market. Investors may want to consider cashing in some gains and see what unfolds in the Australian and UK property markets.
SELL – Nine Entertainment Co. Holdings (NEC)
This TV, newspaper publishing and streaming company has restructured its asset portfolio. It completed the sale of Nine Radio on April 30 and acquired QMS Media on March 31. The prospect of higher interest rates in a slowing economy present challenges, making it difficult to identify sufficient catalysts for meaningful growth. In our view, there remains a structural shift away from free-to-air television towards streaming services and video on demand, but this in only partially addressed through NEC’s 9Now and Stan platforms in a fiercely competitive environment.
Elio D’Amato, EnviroInvest
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BUY RECOMMENDATIONS
BUY – ClearVue Technologies (CPV)
This company develops solar glazing technology that turns building facades into renewable energy generators. CPV appears to be moving from a technology developer to a commercial operator. Recent initiatives have reduced annualised costs by $6.9 million and cut quarterly cash burn by more than 50 per cent. The global project pipeline now exceeds 80 opportunities and recent contract wins include a commercial installation in Cyprus and a major manufacturing and distribution agreement covering India. Buildings account for a significant share of global emissions and energy consumption. As building standards tighten and demand for energy-efficient infrastructure grows, ClearVue is well placed to benefit from a sizeable emerging market.
BUY – Delorean Corporation (DEL)
DEL develops, builds and operates bio-energy facilities, which convert organic waste into renewable gas and low carbon energy. Unlike many other renewable energy companies, Delorean is approaching a point where development work begins translating into operating assets and recurring revenue. The company recently received a $5.76 million research and development tax refund and has secured more than $30 million in government support for its NSW1 project. Construction of the SA1 bio-energy facility is well advanced and expected to start gas production in later 2026. Renewable gas remains an undervalued part of Australia’s energy transition, and Delorean is emerging as one of the few listed companies offering direct exposure to the sector.
HOLD RECOMMENDATIONS
HOLD – Environmental Group (EGL)
This group provides air pollution control, wastewater treatment and industrial environmental solutions. The company delivered a strong first half result in fiscal year 2026, with revenue rising 8.6 per cent to $58.9 million and underlying EBITDA increasing 25.9 per cent to $4.9 million. However, management recently cut full year 2026 EBITDA guidance by around a third due to enterprise resource planning implementation issues, project delays and higher operating costs. The longer term opportunity remains encouraging. Growth is expected to come from the water division and from expanding demand for waste and emissions reduction solutions.
HOLD – BHP Group (BHP)
This diversified miner produces iron ore, copper and other commodities critical to global economic growth. It remains a core holding in many portfolios due to its scale, balance sheet strength and ability to generate significant cash flow through commodity cycles. However, in my view, recent news reports highlighting delays to decarbonisation initiatives and a reduced emphasis on environmental objectives are disappointing. Copper and potash projects still provide exposure to the energy transition, but the environmental investment case is less compelling than it was several years ago.
SELL RECOMMENDATIONS
SELL – Wide Open Agriculture (WOA)
The company develops plant-based food ingredients, derived from lupins, for the food, beverage and nutrition markets. The environmental credentials are appealing and demand for sustainable protein alternatives continue to grow. The challenge remains commercial execution. First half revenue in fiscal year 2026 increased 41 per cent to $381,000, but the company still reported a loss of $2.053 million. A new chief executive with global ingredients experience has been appointed and improved royalty arrangements should support future margins. However, commercial scale remains elusive and additional funding may be required before meaningful profitability is achieved. Investors may wish to look elsewhere until revenues begin matching the opportunity.
SELL – Lotus Resources (LOT)
This uranium producer is advancing the Kayelekera mine in Malawi and the Letlhakane project in Botswana. Uranium plays an important role in reducing global emissions and it’s encouraging the Kayelekera mine is moving towards steady-state production. However, the latest quarterly report highlighted several operational challenges, including lower-than-expected recoveries, re-agent shortages and the withdrawal of previously reported grade and recovery figures while reconciliation processes are reviewed. The company remains well funded and believes these issues are manageable. Even so, in our view, operational uncertainty during a critical production ramp-up phase increases risk and warrants a more cautious approach.
Warwick Grigor, Far East Capital
BUY RECOMMENDATIONS
BUY – Aguia Resources (AGR)
I am a non-executive director and own shares in Aguia Resources. AGR was recently issued with an operating licence from Brazil’s environmental agency FEPAM. The licence establishes AGR as a Brazilian phosphate and processing company and facilitates mining of the Tres Estradas project. It leaves AGR as one of the few domestic Brazilian phosphate producers that can replace imported product. Mining equipment has been mobilised to the site and first sales are imminent. The mine life is expected to exceed 20 years amid low capital expenditure and token bank debt. An extended growth curve is expected during the next four to five years with continuous expansion. The shares were trading at 1.8 cents on June 11, 2026.
BUY – Power Minerals (PNN)
Power Minerals is a South American focused critical minerals exploration and development company. The company recently acquired the high grade Morro do Ferro (MDF) rare earths project in Brazil. The company has embarked on a maiden diamond drilling campaign in a bid to unlock the project’s value. The drilling campaign is expected to take up to three months with results progressively released. PNN reported high grade total rare earth oxides and magnet rare earth oxides from sampling assay results as part of its due diligence before acquiring the project. PNN recently appointed experienced rare earths specialist Alistair Stephens as chief executive officer. I own the stock.
HOLD RECOMMENDATIONS
HOLD – CuFe Limited (CUF)
CUF is a mineral producer and explorer. It has various interests in tenements which are prospective for copper, lithium, gold, rare earths and iron ore in Western Australia and the Northern Territory. The recently expanded scoping study at the company’s 55 per cent owned Orlando project in the Northern Territory now includes underground mining and bismuth and silver revenue streams. The company offers exploration upside, in my view. Pan African’s 15 per cent stake in CUF sets in motion a corporate play that may lead to a takeover in due course. I own the stock.
HOLD – Rumble Resources (RTR)
This exploration company’s subsidiary Western Queen has executed a toll mining and blending agreement with Gylden Resources and Kirkalocka Gold to process Western Queen ore at the Kirkalocka processing plant. Based on a Western Queen scoping study in November 2025, Western Queen is expected to produce about 300,000 tonnes of ore a year for an initial period of two years. Rumble will retain 100 per cent of its share of the gold recovered from each campaign. I believe the company offers fundamental value and is due for a re-rating. The shares were trading at 4.4 cents on June 11. I own the stock.
SELL RECOMMENDATIONS
SELL – Almonty Industries Inc. (AII)
Almonty supplies conflict free tungsten, a strategic metal critical to the defence and advanced technology sectors. The company is continuing to ramp up its tungsten mining operations in South Korea. The company has ridden the tungsten boom and benefited from soaring tungsten prices. However, the share price rise is losing momentum. It now has to deliver on some aggressive earnings estimates to justify its rating. The shares have fallen from $32.51 on April 21 to trade at $22.18 on June 11. It may be time to cash in some gains.
SELL – Southern Cross Gold Consolidated (SX2)
The gold company operates three exploration projects. Two projects are in Victoria and one is in Queensland. The company has reported high grade assays, most recently from the Sunday Creek Gold-Antimony project in Victoria where it drilled seven holes. Any JORC mineral resource estimate in the future needs to meet investor expectations, or the share price may be punished. The shares rose from $5.37 on August 1, 2025 to $12.04 on March 2, 2026. The shares were trading at $8.75 on June 11. Investors may want to consider taking a profit.
Featured Names – The Roundup
| Name | Recommendation | Firm |
|---|---|---|
| Milford Australian Absolute Growth Complex ETF (MFOA) | Buy | DP Wealth Advisory |
| Betashares FTSE Rafi Australia 200 ETF (QOZ) | Buy | DP Wealth Advisory |
| ClearVue Technologies (CPV) | Buy | EnviroInvest |
| Delorean Corporation (DEL) | Buy | EnviroInvest |
| Aguia Resources (AGR) | Buy | Far East Capital |
| Power Minerals (PNN) | Buy | Far East Capital |
| Ampol (ALD) | Hold | DP Wealth Advisory |
| Wesfarmers (WES) | Hold | DP Wealth Advisory |
| Environmental Group (EGL) | Hold | EnviroInvest |
| BHP Group (BHP) | Hold | EnviroInvest |
| CuFe Limited (CUF) | Hold | Far East Capital |
| Rumble Resources (RTR) | Hold | Far East Capital |
| PEXA Group (PXA) | Sell | DP Wealth Advisory |
| Nine Entertainment Co. Holdings (NEC) | Sell | DP Wealth Advisory |
| Wide Open Agriculture (WOA) | Sell | EnviroInvest |
| Lotus Resources (LOT) | Sell | EnviroInvest |
| Almonty Industries Inc. (AII) | Sell | Far East Capital |
| Southern Cross Gold Consolidated (SX2) | Sell | Far East Capital |
The above recommendations are general advice and don’t take into account any individual’s objectives, financial situation or needs. Investors are advised to seek their own professional advice before investing. Please note that TheBull.com.au simply publishes broker recommendations on this page. The publication of these recommendations does not in any way constitute a recommendation on the part of TheBull.com.au. You should seek professional advice before making any investment decisions.
