A fantastic weekend of football matches to kick off the AFL finals!
Who’s your pick for the Grand final?
In other news, who was feeling a little sluggish today?
Clocks have been set for daylight savings… bring on the warm nights!
Meanwhile…
We have been working hard here at PeakHQ to bring you the next deal!
Keep your eyes peeled for our next one coming soon!
Across Markets…
This Afternoon, the sharemarket closed up 2.6 per cent on Monday to post its best day in three months on optimism around President Trump’s recovery from the coronavirus and the chances of more fiscal stimulus being agreed in the US.
Benchmark oil futures gained 2.5 per cent during the day and helped Woodside close up 4.8 per cent, with Oil Search soaring 7.5 per cent to $2.71. Santos, Origin and Ampol all topped 3 per cent gains.
Westpac was the best performer among the big 4 banks adding 4.35 per cent to $17.29, with CBA, NAB and ANZ all advancing more than 3 per cent.
Every sector finished higher, with the relative laggard the popular tech sector, which only finished 0.7 per cent higher. Afterpay finished down 0.2 per cent.
Among the other large caps, gold miners Evolution Mining and Newcrest were among the few fallers, shedding 0.51 per cent each.
Source: AFR
Having recently raised $9 million, Kairos Minerals (ASX: KAI) has decided to double the size of the reverse circulation (RC) drilling program at its Croydon project in Western Australia to include both the highly prospective Fuego and Tierra prospects.
The prospects at Croydon (part of Kairos Minerals’ 1,236sq km Pilbara landholding) will now have 5,000m of drilling completed, to be followed by a further 5,000m at the Mt York project.
This is due to a decision by Kairos to add work at Tierra to the previously announced drilling program at Fuego.
Another program of RC drilling is now scheduled for Mt York, to begin in November, where the rig will target extensions of the known deposits as well as looking for potential new discoveries.
Source: Small Caps
Across Asia, Japanese shares bounced back on Monday, led by gains in value shares including railway companies, after doctors said U.S. President Donald Trump’s health was improving following treatment for COVID-19.
The Nikkei share average rose 1.35% to 23,340.52 points, erasing its Friday losses following news of Trump testing positive for the coronavirus.
Doctors said the president could be sent back to the White House as soon as Monday, although they were monitoring the condition of his lungs after he received supplemental oxygen.
The broader Topix rose 1.86% to 1,639.21 with value-oriented shares gaining 2.21%, outperforming 1.57% gain in growth shares.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.053 +3.92%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 +6.45%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.13 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.17 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.061 +1.67%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.054%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.025 -16.67%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.80 +5.26%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.031 Unchanged
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 +10.00%
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 $0.07 Unchanged
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 +7.14%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak accepts no responsibility for any views expressed and marketing material contained in this email except where the message specifically states otherwise and the sender is authorised to state them to be the views of Peak. Information provided in this email is general advise only and does take account your objectives, financial situation or needs. Before acting on any advice in this email, Peak recommends that you consider whether it is appropriate for your circumstances. If this email contains reference to any financial products, you should obtain the current Product Disclosure Statement (PDS) or other disclosure documents for the particular products and consider this information before making any decisions regarding the products. The Financial Services Guide (FSG) can be found at www.peakassetmanagement.com.au or by telephoning Peak on 1300 304 460
