A quick reminder!
For those of us in ASX:GED and ASX:SBR the annual general meeting is on the 21st October 2020.
Don’t forget to vote in favour of the resolutions and send your proxies back to the company.
Across Markets…
This Afternoon, the Australian sharemarket snapped a seven day winning streak as profit guidance upgrades from CSL and James Hardie Industries were offset by weakness among the big bank and mining stocks.
The S&P/ASX200 Index fell 16.6 points, or 0.3 per cent, to 6179.2 points even as the technology sector notched up an eight-day winning streak as Afterpay, Xero and REA Group closed at record highs. The S&P/ASX All Technology Index gained 1.1 per cent.
The big banks were the main drag on the index. Commonwealth Bank fell 1 percent and Westpac lost 1.4 per cent after announcing it would shut operations in China, India and Indonesia.
BHP lost 0.8 per cent and Rio Tinto fell 1.3 per cent. Whitehaven Coal retreated 4 per cent.
CSL gained 1.4 per cent after raising the lower end of its full year profit guidance to growth of between 3 per cent and 8 per cent despite warning of higher plasma costs. The lower end of guidance had previously been zero per cent.
Source: AFR
Global Energy Ventures (ASX: GEV) has revealed the development of a “world-first” compressed hydrogen ship to transport clean, renewable energy.
In an announcement today, it said patents are in process for the vessel and its innovative cargo system, which will include ambient temperature hydrogen at a target pressure of 3,600 pounds per square inch (psi) and have a storage capacity of up to 2,000 tonnes (or 23 million cubic metres) of compressed hydrogen.
Smaller capacity ships will also be evaluated for demonstration purposes based on specific pilot export projects.
Primarily focused on developing and operating marine vessels for compressed natural gas projects, the company is positioning as an early mover in the future of energy, leveraging its technical expertise to develop a new class of ship for customers demanding access to ‘zero-carbon’ energy.
Source: Small Caps
Across Asia, China stocks slid on Wednesday, with property firms leading the losses due to mounting pressure for raising fresh cash under the government’s new debt-ratio caps, while some tech shares climbed after comments from President Xi Jinping.
At the midday break, the Shanghai Composite index was down 0.54% at 3,341.73.
China’s blue-chip CSI300 index fell 0.61%, with the real estate sub-index dropping 1.09%, while the healthcare index inched up 0.09%. The financial sector sub-index slipped by 0.56%, while the consumer staples sector was down 0.76%.
Chinese H-shares listed in Hong Kong rose 0.02% to 9,880.74, while the Hang Seng Index was down 0.27% at 24,583.40.
The smaller Shenzhen index was down 0.48%, the start-up board ChiNext Composite index was weaker by 0.5% and Shanghai’s tech-focused STAR50 index was down 0.87%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.063 +1.61%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.18 -2.70%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.12 +4.55%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.19 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.074 -1.37%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.068 +13.33%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.024 +9.09%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $3.07 +4.07%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.034 Unchanged
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
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 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: $0.010 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.015 Unchanged
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