How was your day today?
It's been a 'quite day' @PeakHQ as our portfolio companies ASX:FFG, ASX:ICI, ASX:CM8, and ASX:CLB continue to go from strength to strength.
Quite a rally on the court and off…..
Across markets…
The S&P/ASX 200 finished up 0.7% at a new 11-month high of 6917.3. Miners BHP and Rio Tinto led the way with gains of more than 2.5%
Chinese indices are still on a break for Lunar New Year, but the Nikkei was up 1.9% and the Hang Seng up 1.4%.
Futures point to strong gains, up 0.7%, when Wall Street opens after a long weekend.
BHP will pay a record $US1.01 per-share ($1.30) interim dividend as its first-half underlying profit increased 16% to $US6.3 billion. The company’s shares finished 2.7% ahead at $47
Three Fortescue Metals executives have resigned as the company continues its review of the $US2.6 billion Iron Bridge magnetite project in the Pilbara. Shares in the firm closed 3% lower at $23.70 on the news, having been ahead for most of the day.
Source: SMH
Incannex Healthcare (ASX: IHL) has been buoyed by the potential of its candidate IHL-675A to become a multi-use medication after receiving positive results from another pre-clinical in vivo trial into the effect of the drug on inflammatory bowel disease.
Results from a mouse model of colitis indicate that IHL-675A – which combines cannabidiol (CBD) and hydroxychloroquine (HCQ) – has superior anti-inflammatory activity compared to CBD and HCQ used separately.
In the model, colitis was induced by intracolonic installation of 2,4,6-trinitrobenzene sulfonic acid (TNBS) in 50% ethanol, which disrupts the intestinal barrier and allows TNBS to interact with colon proteins.
Interaction of TNBS with high molecular weight proteins renders them immunogenic.
Source: Small Caps
Indian shares hit an all-time high on Tuesday, powered by gains in banks and Reliance Industries, as optimism about a swift global economic recovery boosted investor sentiment globally.
Domestic benchmark indexes have climbed 13% this month after a high-spending federal budget and strong corporate earnings, which have signalled that Asia’s third largest economy could bounce back quickly from a pandemic-induced slowdown.
The NSE Nifty 50 index was up 0.52% at 15,394.05 by 0500 GMT, while the S&P BSE Sensex was 0.39% higher at 52,358.10. Earlier in the day, both indexes hit record highs for the second consecutive session.
Adding to the upbeat mood was a report from S&P that said India was on track for an economic recovery in 2021/22, supported by falling COVID-19 cases, a pickup in government spending and strong agriculture sector performance.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.055 +10.00%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.275 -3.51%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.058 -6.45%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.22 +10.00%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.044 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: $0.048 +2.13%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.12 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.03 +3.45%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.64 +0.38%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.045 -2.17%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 -8.33%
Sector: CBD
Year: 2021
Deal Type: Placement
Raise Amount: $5M
Price Change: $0.026 -3.70%
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 $0.15 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: $0.008 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
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