Happy Monday!
It’s certainly been a busy day at PeakHQ.
Our new placement opportunity ASX:SBR with listed in the money options received strong demand with over $11m in bids today!
Now for the fun part, sorting allocations…
Across markets…
This Afternoon, the S&P/ASX 200 Index closed 0.3 per cent higher at 6561.6 points, leaving the benchmark at its highest level since late February.
Energy was the best performing sector and material was not far behind. Oil Search shares rose 4.8 per cent to close at $3.71 and Fortescue Metals Group climbed 3.9 per cent to $17.61.
Oil prices are trading near their highest levels since March while iron ore prices eased on Monday after rising last week.
Mesoblast shares jumped 17.6 per cent to $4.28 and a buyback announcement pushed Ampol shares 4.6 per cent higher to $29.75.
IAG shares lost 6 per cent to close at $5.13 and ASX shares slid another 0.9 per cent to $79.28 following last week’s market outage.
Source: AFR
Australian Gold and Copper (AGC) has launched its $10 million initial public offering bringing to the market three gold projects located on the best exploration address in NSW, the Lachlan Fold Belt, which is the 700km-long structure running from central NSW to eastern Victoria.
The projects are being divested by Magmatic Resources (ASX: MAG) and privately held New South Resources, allowing both companies to “focus on their East Lachlan porphyry projects”.
All three of the projects held by the new AGC are described in the prospectus as having geological similarities to existing successful gold projects.
The two vending companies decided their pure, near surface gold projects would be better in a new vehicle, creating a combined portfolio of drill ready gold targets in the Central Lachlan.
Funds being raised will enable a significant discovery focused drill program to commence across 7 drill ready targets very soon after listing on the ASX.
Source: Small Caps
Across Asia, China stocks climbed on Monday, helped by strong gains in cyclical firms on domestic and global economic recovery hopes, fueled by COVID-19 vaccine progress.
The CSI300 index was up 0.9% at 4,987.31 points at the end of the morning session, while the Shanghai Composite Index had risen 0.9% to 3,406.79 points.
The CSI300 materials index and the CSI300 energy index led the gains, rising 3.4% and 3.5%, respectively by midday.
A top official of the U.S. government’s vaccine development effort said on Sunday that by mid-December the first vaccines could be given to U.S. healthcare workers and others recommended for inoculations.
Despite accelerating COVID-19 infections in the United States, the forecast helped raise hopes that lockdowns that have paralysed the global economy could be nearing an end.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.046 -2.13%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.12 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.084 +5.00%
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: $0.056 +3.70%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.096 1.05%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.024 +14.29%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $3.05 0.99%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.042 -14.29%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 -8.33%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0050 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 $0.05 -9.09%
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 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.016 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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