DC Two (ASX:DC2) has become the latest IPO to enjoy a stellar ASX debut in 2020.
The company entered the bourse having raised $5.5 million at 20 cents per share.
Upon ASX debut, shares more than doubled to over 40 cents by 2pm (AEDT).
Click here to read to full article.
Across Markets…
This Afternoon, A vaccine breakthrough wreaked havoc with the local market on Tuesday, lighting a fire under the market’s most beat down stocks but dragging tech and gold stocks lower.
The S&P/ASX 200 Index rose 41.7 points, or 0.7 per cent, to 6340.5, its highest level since March 5.
On Monday (Tuesday AEDT), drug companies Pfizer and BioNTech said their COVID-19 vaccine was proving 90 per cent effective, fuelling hopes that an end to the pandemic nightmare is within reach.
“Investors have been patiently waiting for the news of any vaccine development breakthrough and [on Monday] this patience paid off,” said Tai Hui, JPMorgan Asset Management’s chief Asia market strategist.
Source: AFR
In what appears to be a revolution not only for gaming and finance, blockchain technology could be on course to change the very future of work itself.
As part of the emergence of independent digital ownership, or in other words, online property rights and what has become known as a “play-to-earn” business model, blockchain has arrived to “trigger a wave of new economic opportunities”.
That’s the verdict from Animoca Brands co-founder and chairman Yat Siu, who is leading the blockchain gaming company as it breaks new ground.
In a founder’s letter addressed to shareholders, celebrating a successful year for the company that has seen multiple game releases, strong financial performance and the launch of a new digital currency, Mr Siu declared Animoca Brands is now scaling up these trends for the mass market.
Source: Small Caps
Across Asia, China blue-chips were little changed on Tuesday after scaling five-year highs in the previous session, with tech firms capping small gains after U.S. tech shares slumped overnight and as soft inflation figures defied a broader economic recovery in China.
At the midday break, China’s blue-chip CSI300 index was up 0.02% and the Shanghai Composite index was 0.12% higher. The blue-chip index had touched an intraday high of 4,997.80 on Monday, its highest level since June 2015.
Tech shares tracked weakness in the Nasdaq Composite overnight, which fell as companies that have outperformed during the pandemic fell on news of the trial success of an experimental COVID-19 vaccine from Pfizer Inc.
The CSI info tech sub-index fell 1.02%, the start-up board ChiNext Composite index was weaker by 0.28% and Shanghai’s tech-focused STAR50 index slumped 1.87%. The smaller Shenzhen index fell 0.36%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.047 -7.84%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.14 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.080 -5.88%
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: $0.060 +1.69%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.068 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.020 +17.65%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.96 0.68%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.045 Unchanged
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.0080 +14.29%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0050 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 $0.05 -16.67%
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: $0.010 -9.09%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.015 -6.25%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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
