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 26 September, 2023

Put your hands up if you watched the Brownlow last night? What an upset!

Lachie Neale won the 2023 Brownlow Medal, becoming just the 16th player in VFL/AFL history to win the prestigious award multiple times after prevailing in a thrilling count on Monday night.

He was the first player to win the most prestigious individual award without being named in the All-Australian team since West Coast midfielder Matt Priddis in 2014.

In other news…

It’s a cracking sunny day here in Melb! Let’s make the most of it.

Across markets

Australian shares were poised to edge lower at the start. US stocks were modestly higher at the close in New York, with bond yields racing higher.

ASX futures were down 7 points or 0.1% to 7111 near 7am AEST.

  • On Wall St: Dow +0.1% S&P +0.4% Nasdaq +0.5%
  • In New York: BHP -1.1% Rio -1.6% Atlassian +0.5%
  • Tesla +0.9% Apple +0.7% Amazon +1.7%

The local currency slipped 0.3 per cent; the Bloomberg dollar spot index was 0.4 per cent higher.

On bitstamp.net, bitcoin was 0.6 per cent lower to $US26,312 at 7.06am AEST.

The yield on the US 10-year note was 10 basis points higher to 4.53 per cent at 4.59pm in New York. Canada’s 10-year rose 11 basis points to 4.02 per cent; the UK’s rose 8bps to 4.32 per cent.

Source: AFR

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Closer to Home
  • A second major order of $1.95m for new sales partner Shanghai No.1 Pharmaceuticals has been received
  • Orders to Shanghai No.1 Pharmaceuticals now total $2.9m in less than a month
  • Chinese consumers are back into the international market in force post-Covid

RooLife Group’s sales partnership with Shanghai No.1 Pharmaceuticals for its health and wellbeing products is going gangbusters, with a new order of $1.95m worth of products for a running total of $2.9m since a supply deal was struck less than a month ago.

RooLife (ASX:RLG) is sourcing and supplying its products to be sold in China both online and through physical pharmaceutical outlets and other stores owned by Shanghai No.1 Pharmaceuticals.

The goods range from food, health and well-being, through to broader nutrition and beauty products.

Source: Stockhead

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Recent Peak Deals

Company: Alderan Resources (ASX:AL8)
Sector: Lithium
Deal Type: Placement
Raise Amount: $1.75M
Latest Entry Price: $0.006 with a 1:2 AL8OA
Today’s Price Change: $0.011 -8.33%

Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.115 -4.17%

Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.115 -8.00%

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: $0.025 Unchanged

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: $0.0075 -6.25%

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: $0.009 -10.00%

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: $0.046 +2.22%

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: $0.20 -4.76%

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: $0.004 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: $0.038 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 +20.00%

Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.61 -1.61%

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: $0.031 +3.33%

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: $0.018 Unchanged

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: $0.004 -20.00%

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: $0.022 -8.33%

If you would like more information on future Peak deals, please don’t hesitate to get in touch.

The trustee for Peak Asset Management Unit Trust (“Peak”) is a corporate authorised representative (#1295491) of Dayton Way Securities Pty Ltd (AFSL #382585).
Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs.  Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances.  If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au  or by telephoning
Peak on 1300 304 460

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