How was your day?
We're back from a long weekend well spent and ready to hit the ground running!
Good trading day for PEAK's portfolio company ASX:RGI as the stock reached a high of $0.053 in today's session.
Across markets…
The S&P/ASX 200 has closed at 6739.6 points, which is a gain of 0.4 per cent, or 28.7 points.
While this was well below the high of 6835 reached during the morning, the ASX was at least able to hold onto its positive gains while major Asian indices ended the day deep in the red.
Hong Kong’s market was higher before sinking 1.6 per cent. While China’s CSI300 was last down nearly 2 per cent after being as much as 1.2 per cent higher in the morning.
The US futures weighed heavily on traders and pointed to declines of about 1 per cent on the Nasdaq tonight, 0.3 per cent on the S&P500, and a flat Dow Jones.
On the ASX 200, the materials sector out-performed and added the most points with a 1.7 per cent rise. BHP was up 2.4 per cent, Rio Tinto was up 2.9 per cent, and gold mining giant Newcrest was up 2.7 per cent.
Fortescue closed higher, up 0.5 per cent. However, Lynas dragged with a 2.2 per cent fall, and BlueScope declined 1.3 per cent to $17.98.
Source: SMH
The Mount Peake vanadium-titanium-iron project in the Northern Territory owned by TNG Limited (ASX: TNG) has been designated a federal major project by Canberra.
The company says the decision by federal industry, science and technology minister Karen Andrews is a recognition of the strategic significance of the Mount Peake project to Australia. This is because the project is expected to expand and diversify Australia’s critical minerals resources and contribute to the economic development of the Northern Territory.
With major project status, companies receive support from the Major Projects Facilitation Agency in Canberra. This includes the federal agency working closely with state and territory governments to coordinate approvals.
Stage 1 development has been estimated to cost $824 million with an eventual mine life of 37 years.
Source: Small Caps
China and Hong Kong stocks reversed course to trade lower on Monday as a lower-than-expected 2021 economic growth target from Beijing sparked concerns that Chinese officials could tighten policy to rein in lofty valuations.
The CSI300 index fell 1.9% to 5,162.22 points at the end of the morning session, while the Shanghai Composite Index lost 1.0% to 3,466.51 points.
The Hang Seng index dropped 1.3% to 28,708.93 points, while the Hong Kong China Enterprises Index lost 1.2% to 11,154.90.
Leading the declines, the CSI300 consumer staples index and the CSI300 healthcare index slumped 3.7% and 3.4%, respectively, while the Hang Seng tech index tumbled 4.8%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.077 -2.53%
Sector: Gaming & Digital Advertising
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.105 -4.55%
Sector: Fintech
Year: 2020
Deal Type: Placement
Raise Amount: $1.5m
Price Change: $0.115 -4.17%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.275 +1.85
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.053 +15.22%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Price Change: CAD $0.30 -3.28%
Sector: Psychedelic assisted Therapy
Year: 2020
Deal Type: Pre IPO
Raise Amount: $1.5m
Price Change: CAD $0.16 +6.9%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.01 Unchanged
Sector: CBD
Year: 2021
Deal Type: Placement
Raise Amount: $5M
Price Change: $0.02 Unchanged
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Price Change: $0.005 11.11%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.01 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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