That big ship blocking the Suez Canal…yeah, it's still stuck there!
The 400-metre-long Ever Given is blocking one of the busiest trade routes in the world, causing severe disruptions to the global supply chain.
Click here for the full story.
In other news…
International arrivals will resume into Melbourne from April 8, with travellers being tested four times (instead of twice) during quarantine.
Hopefully they've done background checks on the security guards this time!
Click here to read more.
Across Markets…
CSL added another 1.4 per cent to close at a three-week high $269.83 and help the health sector lead gains.
Iron ore titan Fortescue Metals ended 0.3 per cent higher at $19.41, but BHP was flat and Rio Tinto dropped 1.6 per cent to $108.
Commonwealth Bank finished 0.2 per cent in front, with NAB also gaining. ANZ and Westpac fell.
Tech was the worst-performing sector – mirroring the fortunes of the Nasdaq – and fell a collective 1.1 per cent. Afterpay dropped 1.9 per cent to $105.46 and Xero fell 1.1 per cent to $122.17.
Diversified explorer Golden Deeps (ASX: GED) is about to begin drilling at the Khusib Springs copper mine in Namibia, testing for higher grade copper mineralisation on the margins of the historic stopes.
The mine closed in 2003 due to low copper prices at the time, the red metal having fallen to around US$1,500 per tonne.
That is in stark contrast to the present where copper has gone through the US$9,000/t mark.
Khusib Springs historically also produced silver at high grades.
The mine is one of three major projects being undertaken by Golden Deeps. Others include the advanced Abenab vanadium-lead zinc deposit (also in Namibia) and the Tuckers Hill and Havilah projects on the Lachlan Fold Belt in NSW.
Source: Small Caps
Indian shares fell on Thursday, led by losses in financial and technology companies, as sentiment was weighed by concerns over the economic impact of surging coronavirus cases.
The blue-chip NSE Nifty 50 index fell 0.5% to 14,479 and the benchmark S&P BSE Sensex dropped 0.4% to 48,967.88, as of 0347 GMT.
The indexes fell nearly 2% in the previous session.
India’s daily COVID-19 cases hit an over four-month high on Wednesday and the country has put a temporary hold on all major exports of the AstraZeneca coronavirus shot made by the Serum Institute of India to meet domestic demand.
Source: Reuters
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2m
Latest Entry Price: $0.006 with a 1:4 DW8O
Today's Price Change: $0.11 Unchanged
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25m
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today's Price Change: $0.11 Unchanged
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5m
Latest Entry Price: $0.015 with a 1:2 option
Today's Price Change: $0.105 -4.55%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1m+
Latest Entry Price: $0.35
Today's Price Change: $2.40 -1.23%
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5m
Latest Entry Price: $0.25 with a 1:3 Option
Today's Price Change: $0.27 Unchanged
Sector: Vertical Farming
Deal Type: Placement
Raise Amount: $1.53m
Latest Entry Price: $0.05 with a 2:3 Option
Today's Price Change: $0.054 Unchanged
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Latest Entry Price: $0.08 with a 1:1 CLBO
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5m
Latest Entry Price: $0.20
Today's Price Change: CAD $0.24 Unchanged
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5m
Latest Entry Price: $0.08 with a 1:2 Option
Today's Price Change: CAD $0.17 +3.03%
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Latest Entry Price: $0.013 with a 1:1 MRQOC
Today's Price Change: $0.01 Unchanged
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today's Price Change: $0.022 Unchanged
Sector: Industrials
Deal Type: Placement
Raise Amount: $750k
Latest Entry Price: $0.015
Today's Price Change: $0.025 +4.17%
Sector: Mining (Gold)
Deal Type: Placement
Raise Amount: $982k
Latest Entry Price: $0.0115 with a 1:1 SBRO
Today's Price Change: $0.005 Unchanged
Sector: Mining (Gold/Silver)
Deal Type: Placement
Raise Amount: $2.3m
Latest Entry Price: $0.014 with a 1:1 GEDO
Today's Price Change: $0.012 +20.00%
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