How was your Monday?
Great trading day for PEAK's portfolio company ASX:DW8, as the stock rose to a high of $0.072 in today's session.
We think this calls for a glass of red….
Across markets…
The ASX 200 started strong but ended up in the red, slipping 0.2% to 6780.9 on Monday. Gains for BHP, Rio Tinto, FMG and Macquarie Group helped offset the decline across the rest of the market.
The Australian dollar rose – hitting three-year highs today or US79¢ and breaking through ¥83 and €0.65 for the first time since December 2018.
Macquarie Group lifted its guidance to say it expects profit growth of 5% to 10% in the current financial year, as extreme cold Texas sparks a surge in demand for energy. Shares jumped 4% to a peak of $148.39 and closed up 3.4% at $147.15.
Futures point to declines on Wall Street tonight with the Nasdaq E-mini down 0.3% at 4pm AEDT and the Dow Jones and S&P500 E-minis down 0.1% and 0.2% respectively.
Source: AFR
With drilling beginning at Split Rocks earlier this month, Zenith Minerals (ASX: ZNC) has now started a second phase diamond drilling program at its Red Mountain gold project in Queensland.
Zenith is targeting the Western Zone at Red Mountain where gold mineralisation remains open at depth. Diamond drilling will test the mineralised zone with holes to extend to a maximum depth of 400m.
An initial four holes will be undertaken with the program expected to be completed within three weeks and results anticipated within a month of drilling winding up.
In recently completed holes, assays from the gold zone returned up to 34.2 grams per tonne gold and 10.4g/t gold.
In hole 40, the high-grade gold was hit from 111m and extended to the end of hole which was 201.7m.
Source: Small Caps
Chinese blue-chips slipped on Monday, after touching record highs last week, hit by investor concerns over high valuations of these stocks and possible policy tightening.
China’s blue-chip CSI300 index fell 1.47% to 5,693.85 by the end of the morning session. The Shanghai Composite index was down 0.06% at 3,693.88.
Liquor shares swooned, with Kweichow Moutai Co Ltd dropping 4.63%, as selling by foreign investors through the Stock Connect channel weighed.
The consumer staples sector slumped 4.18% and the healthcare sub-index dropped 3.28%.
Despite the falls, valuations are still near record highs and some analysts expect earnings to remain strong on a cyclical recovery.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.07 +20.69%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.29 Unchanged
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.057 Unchanged
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: $0.04 -2.44%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.185 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.047 +6.82%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.13 -3.70%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.031 +6.90%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.56 +0.39%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.041 Unchanged
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.01 -9.09%
Sector: CBD
Year: 2021
Deal Type: Placement
Raise Amount: $5M
Price Change: $0.025 +8.70%
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 $0.20 +8.11%
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 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.012 -4.17%
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