How is it already Thursday?
American tennis Star Tenny Sandgren has tested positive twice for COVID but still boarded a flight to Victoria…
Meanwhile, Victorian's have been cleared to return back to the office for the first time in months!
However, we feel that nature of work has changed for ever.
Employees are now aware that they are just as effective working from home and do not see the need in travelling too and from work on a daily basis.
Across markets…
This Afternoon, the Australian sharemarket closed higher for a second session as a 9.7 per cent surge in Afterpay led the tech sector to its best sessions since early November.
The S&P/ASX 200 Index climbed 28.7 points, or 0.4 per cent, to 6715.3 points.
Afterpay shouldered the market's gains as the buy now, pay later juggernaut rallied after US-based BNPL play Affirm Holdings nearly doubled on its debut in New York trading.
Afterpay's best session since August paced gains in the BNPL sector, with sezzle climbing 7.5 per cent and Zip adding 5 per cent.
Pro Medicus soared 15 per cent after the medical imaging group inked a seven-year, $40 million deal with US-based Intermountain Healthcare.
The S&P/ASX All Technology Index snapped a three day losing streak with a 3 per cent gain.
Source: AFR
Australian explorer Azure Minerals (ASX: AZS) has restarted drilling at its Andover nickel-copper project in Western Australia’s west Pilbara, with the accelerated program aiming to define the extent of the nickel-copper mineralisation and firm up a resource.
Work will transition from exploration to 30,000m of intensive drilling utilising three diamond rigs to define the extent of the VC-07 mineralised body and incorporate infill drilling to produce a maiden JORC resource estimate.
Initial drilling will target along-strike, up-dip and down-dip extents of the mineralisation, and will be followed by close-spaced infill drilling to assess internal continuity and variability.
The rigs will also be used to test 12 separate electromagnetic conductor anomalies including the prospective VC-23 conductor first drilled in 2018 by resource-focused investment vehicle Creasy Group.
Source: Small Caps
Across Asia, China shares fell on Thursday, dragged lower by consumer firms as investors continued to take profits after the country’s blue-chip index touched a 13-year closing high earlier this week.
At the midday break, the Shanghai Composite index was down 0.29% at 3,588.28. China’s blue-chip CSI300 index eased 1.08%, with the consumer staples sector slipping 1.85%, followed by healthcare and its financial sectors down 0.89% and 0.78%, respectively.
The drop in consumer firms was led by distiller Wuliangye Yibin Co Ltd, which fell 3.89%. Wuliangye’s shares touched a record high last week after surging more than 119% in 2020.
Investor sentiment has also been shaken this week as rising cases of COVID-19 prompted lockdowns of three cities in Hebei province, which surrounds Beijing.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 -2.17%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.32 -3.03%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.063 -1.56%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.13 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.074 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.24 -5.88%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.051 -5.56%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.098 +3.16%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.031 -6.06%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.52 +3.70%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.038 +2.70%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.0090 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.071 +1.43%
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 $0.125 Unchanged
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: $0.011 +10.00%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
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
