Speaking of all things green and hydrogen…
Global Energy Ventures (ASX:GEV) just executed an MOU with $9B market cap company Ballard Power Systems (TSE:BLDP) to design and develop a hydrogen fuel cell system for GEV's C-H2 ship.
The two companies will work to power the ship using compressed hydrogen from its storage tanks, providing zero-emission marine transport supply chain.
Is this the holy grail for shipping? See pic below..
To read the full story, click here.
Across markets…
The ASX fell 0.9% to 6765.5 on Thursday, backing away from a near 11-month high. The big miners were mixed and the banks fell. CSL dropped and Afterpay rose.
Wall Street rose for a third straight session, with Google parent Alphabet jumping after posting strong quarterly results. US futures turned lower after lunch and point to losses tonight
Energy giant AGL will recognise a $2.69 billion charge in its first-half results, reflecting asset impairments and onerous contracts. Shares in the firm dropped 6% to a more than 12-year low at the open
Australia’s trade surplus rose in December, though the size of the move fell short of expectations. The surplus printed at $6.8b, up from $5b in November, but below consensus of $8.8b
Source: SMH
Wide Open Agriculture (ASX: WOA) is a step closer to commercialising its lupin protein with Curtin University researchers to begin early-stage food and beverage development for the US$18.5 billion global plant-based protein market.
The company secured a research services agreement with Western Australia-based Curtin, with researchers to develop products such as burgers, milk, milk powder, pasta and noodles from the food grade lupin protein.
This latest effort towards commercialising the protein follows the CSIRO’s successful production of the material at pilot scale.
In its first step towards product development, Curtin researchers aim to better-understand how the lupin protein functions as a texturizing ingredient in simple food systems known as matrices, which will be vegan, gluten-free, soy-free and non-GMO.
Source: Small Caps
China stocks fell on Thursday, dragged lower by fresh investor worries over signs of liquidity tension ahead of the upcoming Lunar New Year holiday, while Hong Kong was pulled by losses in tech shares.
Liquidity conditions have been a key market focus in the recent two weeks as some investors were worried policymakers could slowly switch to a tighter monetary policy stance. The volume-weighted average rate of benchmark overnight repo rebounded to above 2% on Thursday morning, showing slight signs of tightness again.
At the midday break, the Shanghai Composite index was down 1.02% at 3,481.45 points, while China’s blue-chip CSI300 index was down 0.81%.
The smaller Shenzhen index was down 1.8%, the start-up board ChiNext Composite index was weaker by 1.23% and Shanghai’s tech-focused STAR50 index fell 2.68%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 Unchanged
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.295 +3.51%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.052 Unchanged
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 +6.67%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.037 -5.13%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.044 -4.35%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.125 +8.7%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.031 +3.33%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.64 -5.04%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.043 -4.44%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.012 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.068 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted Therapy
Year: 2020
Deal Type: Pre IPO
Raise Amount: $1.5m
Price Change: CAD $0.10 +5.26%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $333k
Sector: Gaming & Digital Advertising
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Price Change: $0.0080 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
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