How was your day today?
Things are certainly heating up in the Green Hydrogen space with ASX:PRL rallying 450% today off the back of a green hydrogen acquisition!
This certainly bodes well for PEAK's portfolio company Countrywide Renewable Hydrogen, that is on track for listing in 2021.
To read more CRH's project with ASX:WPL, click here
Across markets…
The S&P/ASX200 dropped 0.5 per cent on Wednesday to 6885.2 points.
Futures are pointing to a soft session on Wall Street tonight with Dow Jones mini flat, S&P50 mini down 0.1 per cent, and the Nasdaq mini down 0.1 per cent.
Yields on Australian 10-year bonds rise 8 basis points to 1.4% and New Zealand’s rise 9 basis points to 1.5%, both 11 month highs
Westpac reported $2 billion in profits for December quarter and lower bad debts, leading to a 5.8% jump in shares to an 11-month high of $23.87
UK-based Rio Tinto has just released its results. It has reported underlying profit of $US12.4 billion ($15.9 billion) up 20 per cent on 2019 and higher than analyst estimates of $US11.9 billion.
Source: SMH
Biotechnology company Greenlab Australia has secured a two-year deal to supply pharmaceutical-grade, cannabinoid products to Australian medicinal cannabis distributor Cannvalate Pty Ltd for sales to approved patients.
Under the non-exclusive arrangement, Greenlab will supply a range of white-labelled certified cannabis products to Cannvalate on a consignment basis for patients to access through the government’s Australian Therapeutic Goods Administration (TGA).
Approximately $2.4 million of committed revenue stream (depending on the mix of derivative products selected) is expected to flow through to Greenlab over the term of the agreement, with an option to extend for an additional year on the same terms and conditions.
The white label cannabinoid products are currently being manufactured by The Valens Company in Canada and Mile High Labs International in the UK.
Source: Small Caps
Hong Kong stocks rose on Wednesday, extending a bull run after the Lunar New Year holidays and on course for seven consecutive sessions of gains, with increasing risk appetite from investors on optimism over global economic recovery.
The market sentiment is strong and positive on the back of an improving pandemic situation and on anticipation the bull run will continue when China markets reopen, brokers said.
The Hang Seng index rose 0.65% at 30,946.10 by mid-day, the highest since June 2018, while the China Enterprises Index increased 1.12% to 12,171.05 points.
The Hang Seng Tech Index gained 0.75% and the Hang Seng sub-index, tracking information technology firms, rose 0.76%.
China’s mainland markets will remain closed for the Lunar New Year celebrations and are scheduled to reopen on Feb. 18.
MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.59% while Japan’s Nikkei slid 0.47%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.049 -10.91%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.275 Unchanged
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.056 -3.45%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.225 +2.27%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.042 -4.55%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.19 -5.00%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.048 Unchanged
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: $0.029 -3.33%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.60 -1.52%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.042 -6.67%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 Unchanged
Sector: CBD
Year: 2021
Deal Type: Placement
Raise Amount: $5M
Price Change: $0.025 -3.85%
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 $0.17 +13.33%
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: $0.007 -12.50%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 Unchanged
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