A very hot start to the week!
Put you hands up if you are going to the beach.
In other news…
A very encouraging announcement from Peak’s portfolio company ASX:BCC today.
The company announced the largest order for 12,500 ZOLEO units since the device launched in early 2020.
And it gets better…
More agreements with major retailers in both key markets are expected in early 2021.
Across markets…
This Afternoon, the S&P/ASX 200 Index has closed 0.3 per cent at 6660.2 points higher, just 68.3 points from the multi-month high set on Wednesday last week.
Technology was the best performing sector thanks to Afterpay, while the major banks did most of the heavy lifting by market value.
Afterpay shares climbed 8.8 per cent to $109.93, with the a record close following confirmation that the financial services company would be added to the ASX 20 index.
Altium shares closed down 0.4 per cent at $36.03 after the software company said it was selling its TASKING business for $US110 million.
Commonwealth Bank was the best performer out of the big four lenders—its shares closed 1.9 per cent higher at $83.92.
Source: AFR
Golden Deeps (ASX: GED) has officially locked-in the exploration licence for Tuckers Hill in New South Wales paving the way for drilling to begin in search of a major gold discovery.
The NSW Department of Mining, Exploration and Geoscience granted the licence for a six-year term spanning from 7 December 2020 to 7 December 2026.
Preliminary work has already been competed at the project which as confirmed the location of gold reefs and historic workings that were identified by previous explorers.
This initial work comprised reconnaissance geological mapping and rock chip sampling – with 45 samples submitted for analysis and results pending.
Historic workings were noted over 1.5km by 800m along the ridge of Tuckers Hill’s eastern edge.
Golden Deeps has already selected drill pad locations for an initial reverse circulation and diamond drilling program at the project.
This program has been designed to drill under historic workings to target quartz veins.
Over at the Eldorado prospect on the Meroo trend, Golden Deeps will carry out a soil sampling program to firm up drilling targets.
Source: Small Caps
Across Asia, China stocks started the week on a firm note due to hopes of more policy support to shore up the world’s second-largest economy hurt by the coronavirus crisis.
The CSI300 index rose 0.6% to 4,918.20 at the end of the morning session, while the Shanghai Composite Index gained 0.4%, to 3,360.48.
China will step up fiscal policy support for a strategy to make its economy mainly rely on domestic demand, supply chains and innovation, Finance Minister Liu Kun said.
China’s President Xi Jinping on Saturday targeted a steeper cut in rates of carbon emissions relative to economic activity by 2030 and set new goals for growth in renewable energy and forest stock.
China has unveiled a “dual circulation” strategy for the next phase of economic development in which it will rely mainly on “domestic circulation” – the internal cycle of production, distribution, and consumption, supported by innovation and upgrades in the economy.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 +4.65%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.35 +6.06%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.078 -2.50%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.12 +4.17%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.069 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.21 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.052 +6.12%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.080 +2.56%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.025 Unchanged
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.52 -3.45%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.039 +5.41%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.009 -10.00%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.076 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 $0.165 -10.81%
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: $0.009 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
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