COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1918.90 (-0.01%)
Silver: US$22.917 (-0.13%)
Nickel (3mth): US$20258/t (-0.56%)
Copper (3mth): US$8,223.75/t (-0.23%)
Oil (WTI): US$87.297 (+0.49%)
Oil (Brent): US$90.280 (+0.40%)
Iron 62pc Fe: US$117.50/t (-1.67%)
AUD/USD: 0.6379 (+-0.03%)
Bitcoin: US$25,817.50 (-0.31%)
Across markets
Australian shares were poised to edge lower with August’s jobs data pending. Stocks were mixed in New York.
ASX futures were down 4 points or 0.1 per cent to 7154 near 6.45am AEST.
- On Wall St: Dow -0.2% S&P +0.1% Nasdaq +0.3%
- In New York: BHP -0.6% Rio -0.1% Atlassian -1.1%
- Tesla +1.4% Apple -1.2% Amazon +2.6% VIX -5.3%
The local currency slipped 0.1 per cent; the Bloomberg dollar spot index edged lower too.
On bitstamp.net, bitcoin was 0.7 per cent higher to $US26,255 at 6.58am AEST.
The yield on the US 10-year note fell 3 basis points to 4.25 per cent at 4.56pm in New York.
On Wall Street, shares were mixed as economists parsed the latest CPI data with details both bolstering the case for a pause at next week’s Fed policy meeting and keep the door open to an increase in November.
Citigroup rose 1.7 per cent after CEO Jane Fraser announced a major management reorganisation that will result in more job cuts and give her greater direct oversight over the bank as she seeks to simplify its structure.
SoftBank Group Corp’s chip designer Arm Holdings was discussing pricing its U.S. initial public offering (IPO) at $US52 per share in a meeting with its investment bankers, Reuters reported.
If this pricing is finalised, it would be above Arm’s indicated $US47-$US51 price range and would raise $US4.97 billion for SoftBank, and it would infer a valuation on Arm on a fully diluted basis of $US55.5 billion.
Source: AFR
- WA’s Gascoyne region has captured investor attention thanks to DLI’s lithium discoveries
- As the most mature operator in the district, it is an obvious takeover target
- But who are some lithium microcaps in the region that could well be on the consolidator’s radars?
WA’s remote, under-explored Gascoyne region has captured the hearts (and wallets) of resources investors in recent times, thanks to a flurry of lithium discoveries.
When Delta Lithium (ASX:DLI) began exploring its Yinnetharra project near Gascoyne Junction late last year, the Mid-West region of WA was anything but a lithium hub.
But numerous big hits, like 56m at 1.12% lithium in a field full of “great big slabs of unmapped pegmatites sticking out of the ground” now has Yinnietharra “looking more like a province than a project”.
It sparked a pegging rush, featuring big names like FMG and a collection of savvy small cap explorers.
Meanwhile, Gina Rinehart’s Hancock Prospecting and Chris Ellison’s $13.39bn Mineral Resources (ASX:MIN) are jostling for control of Delta, which is concurrently working towards first production at the Mt Ida project and a maiden resource at Yinnietharra.
Earlier this week, the acquisitive Ellison took another swing at regional consolidation, joining the ranks on DLI’s board as non-executive chairman as MIN increased its stake to 17.44%.
Source:Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.11 -4.35%
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.14 Unchanged
Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.007 Unchanged
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.026 -1.89%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.008 -11.11%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.01 -4.76%
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 AEVO
Today’s Price Change: $0.01 +11.11%
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.049 Unchanged
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.24 +9.09%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.004 with a 1:1 option
Today’s Price Change: $0.003 Unchanged
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.035 Unchanged
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.012 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.71 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.036 Unchanged
Company: Carly Holdings Ltd (ASX:CL8)
Sector: AI and Car subscription
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.025 with a 1:2 CL8O
Today’s Price Change: $0.019 +11.76%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.006 with a 3:2 AVEOA
Today’s Price Change: $0.005 +11.11%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.025 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
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