Happy Hump Day!
ASX stocks will often throw around complex terms related to capital raisings that are not always easily understood by investors.
Ever wondered what the difference is between renounceable and non-renounceable, or what a bookbuild is?
Click here to read a great article by Angela East ‘ASX stocks capital raising guide’ featuring Niv Dagan, Peak’s Managing Director.
Across Markets…
This Afternoon, the Australian sharemarket has capped off a disappointing month with a heavy fall today, as blue chip stocks were sold off heavily during the final session of the quarter.
The S&P/ASX 200 Index dropped 136.2 points, or 2.3 per cent, to 5815.9, wiping $42.7 billion from the bourse.
CSL led the losses, sliding 2.9 per cent to $287.00 while BHP Group dropped 3.5 per cent to $35.60 and Wesfarmers slid 2.7 per cent to $44.42.
Commonwealth Bank was also weaker, dropping 2.2 per cent to $63.61 while Transurban declined 3.3 per cent to $14.11 and Westpac slid 1.9 per cent to $16.84.
Unibail-Rodamco-Westfield was the worst performer, sliding 6.9 per cent to $2.42 while Perenti Global dropped 6.2 per cent to $1.14 and South32 declined 5.6 per cent to $2.04.
Source: AFR
Tesla’s Battery Day announcement last week that it wants to use more nickel in its EV batteries has created a buzz around the metal and ASX companies with nickel projects.
Other electric carmakers may choose to follow industry leader Tesla’s decision, leading to more demand for the versatile metal that is used in everything from steel to batteries.
Nickel prices dropped back to $US14,470 per tonne on the London Metal Exchange, Tuesday, after a five-month rally took nickel prices to $US15,660/t in early September.
A rising US dollar had knocked some froth off prices, said analysts.
“The stronger dollar is not helping commodities,” independent market analyst Robin Bhar told Reuters.
Supply of the metal is starting to lag ballooning global demand, according to the
International Nickel Study Group.
Source: Small Caps
Across Asia, China shares rose on Wednesday, led by consumer and healthcare shares, as investors cheered upbeat factory activity surveys.
At the midday break, the Shanghai Composite index was up 0.45% at 3,238.86 and the blue-chip CSI300 index was up 0.63%.
China’s factory activity extended solid growth in September, surveys showed, as the nation’s crucial exports engine revved up on improving overseas demand and underlined a steady economic recovery from the coronavirus shock.
China’s consumer stocks also climbed ahead of Golden Week holiday, as investors expect robust consumption during the break, supported by a raft of measures deployed by Beijing to boost domestic consumption.
The CSI300 consumer staples index added 1.64%, and has gained more than 40% so far this year.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.054 -3.57%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.13 +13.04%
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: $0.025 +8.70%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.65 -3.99%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.030 -3.23%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.012 Unchanged
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 $0.075 -6.25%
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 Unchanged
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.015 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
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