Its been a cracking warm and sunny day to kick off the week here in Melbourne!
A positive announcement today by Peak’s portfolio company ASX:BCC which we recently closed a placement for…
The company announced that it will develop its new Iridium Certus device with data speeds more than 35x faster than the current generation of products!
Across Markets…
This Afternoon, a rush of deal-making lifted the S&P/ASX 200 index 0.5 per cent on Monday in an exciting session that puts Link Administration in play. The benchmark index closed up 29.7 points at 6131.9.
Link soared 25 per cent to $4.99 upon a takeover bid from Pacific Equity Partners and The Carlyle Group at $5.20 a share. The owner of the PEXA platform is an ex-PEP investment.
Link’s 9.65 per cent shareholder, Perpetual, appears to support the approach unless a better offer comes along.
Bravura Solutions advanced almost 9 per cent to $3.68. Bravura agreed to buy UK pensions administration technology company Delta Financial Systems for up to £23 million ($41.5 million) in a deal which it said would be accretive for earnings in financial 2021.
Funded from cash, Bravura said Delta is forecast to achieve revenue growth in the range of 20 per cent to 30 per cent with margins comparable to its own wealth management business.
Source: AFR
Azure Minerals (ASX: AZS) has hit “significant” massive nickel-copper sulphides in the maiden drill hole at its 60%-owned Andover project in Western Australia’s Pilbara region.
The company emerged from a trading halt on Monday to announce the 40.7m overall mineralised interval, including a 4m zone of massive nickel-copper mineralisation starting from 94.5m downhole.
High-grade nickel mineralisation was confirmed by portable x-ray fluorescence (pXRF) testing and has been verified by Azure’s onsite geologist, the company reported.
Azure managing director Tony Rovira said the intersection is an “outstanding” result and marks a great start to the Andover maiden drilling campaign.
“Importantly, this mineralised intersection coincides with the interpreted position of the downhole EM (DHTEM) conductor, providing support that the conductors represent significant accumulations of sulphide mineralisation,” he said.
Source: Small Caps
Across Asia, Japanese wholesale prices fell 0.8% in September from the same month a year earlier, data showed on Monday, marking the seventh straight month of year-on-year declines and heightening the risk the country will slide back into deflation.
Squeezed mostly by soft global demand for commodities and Japanese machinery goods, the weakness in wholesale prices highlights the challenge Tokyo faces in cushioning the impact of the coronavirus pandemic on the world’s third-largest economy.
The 0.8% fall in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, was bigger than a median market forecast for a 0.5% drop. It followed August’s 0.6% year-on-year decrease.
Wholesale prices also slid 0.2% in September from August, marking the first on-month drop in four months, the data released by the Bank of Japan (BOJ) showed.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.062 +10.71%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.18 +5.88%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.12 Unchanged
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: $0.067 Unchanged
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.060 +17.65%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.022 -4.35%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $3.00 +3.09%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.036 Unchanged
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 -9.09%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0070 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 $0.055 -8.33%
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 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
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