Telstra has just released details of its much anticipated 5G fixed wireless product.
The product will use fifth generation mobile tech to delivery high speed broadband.
The move, puts Telstra in direct competition with the NBN Co and has raised the prospect of a dispute of a non-compete agreement signed between the two companies.
Across Markets…
This Afternoon, the ASX closed flat at 5952.10, with losses for the heavyweight banks offsetting some solid gains for growth companies.
CBA shares fell 0.7 per cent, Westpac lost 1.3 per cent, National Australia Bank dropped 0.8 per cent and ANZ fell 0.7 per cent.
Bank of Queensland slumped 7.2 per cent after revealing provision levels, while A2 Milk extended Monday’s profit warning related slide with another 4 per cent drop.
On the plus side, Afterpay rose 2.5 per cent, Sydney Airport climbed 2.2 per cent, Xero rose 3 per cent and Seek advanced 3 per cent.
Source: AFR
Medical technology developer Osprey Medical (ASX: OSP) has been announced as the winner of a Supplier Horizon Award by US healthcare improvement company Premier Inc (NASDAQ: PINC).
Premier Inc is one of the leading Group Purchasing Organisations (GPOs) in the United States with more than 4,100 member hospitals in its network.
Osprey is one of nine suppliers to win the award, and the only cardiovascular supplier, and was recognised for its support of Premier members through “exceptional local customer service and engagement value creation through clinical excellence and commitment to lower costs”.
Osprey chief executive officer Mike McCormick said the award reinforces the company’s DyeVert technology and its ability to improve both hospital and patient outcomes.
“Osprey supports Premier members by offering valuable products and services that help to lower supply chain costs and improve operating efficiencies,” Premier senior vice president of supply chain David A Hargraves added.
Source: Small Caps
Across Asia, Chinese stocks rose on Tuesday buoyed by hopes of sustained domestic economic recovery, but Hong Kong shares fell as global coronavirus deaths surpassed the 1-million mark.
China’s blue-chip CSI300 index rose 0.5% to 4,603.94 by the midday break. The Shanghai Composite Index was also up 0.5% at 3,234.39.
But shares in Hong Kong, which is more exposed to the global economy, gave up early gains as investors weighed mounting coronavirus concerns against China’s economic rebound.
The benchmark Hang Seng index dropped 0.3% to 23,418.23, while the Hong Kong China Enterprises Index lost 0.4% to 9,342.96.
China’s factory activity likely expanded at a slightly faster pace in September, a Reuters poll showed, adding to evidence of a steady recovery from the COVID-19 pandemic.
It comes after official data released on Sunday showed that profits at China’s industrial firms grew for the fourth straight month in August.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.056 -1.75%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 +6.90%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.12 +9.52%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.18 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.064 Unchanged
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.049 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.023 -8.00%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.76 +14.52%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.031 +3.33%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.012 -7.69%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.0060 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 $0.08 +14.29%
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: $0.010 -9.09%
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.015 Unchanged
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