For those of us who participated in the ASX:GED placement.
You would have received your allocation details today!
In other news…
A strong day of trading for Peak's portfolio company ASX:RGI which operates in the vertical farming sector.
The stock closed up 18.42% at $0.090.
Across markets…
This Afternoon, the Australian sharemarket has extended its strong start to December, rising for a seventh straight session on Wednesday, with the market yet to take a backward step this month.
The S&P/ASX 200 Index climbed 40.8 points, or 0.6 per cent, to 6728.5, its highest level since February 25. The market is now just 6 per cent shy of its record high.
CSL rose 2.2 per cent to $304.14, Commonwealth Bank advanced 1.7 per cent to $83.18 and BHP Group has firmed 1.1 per cent to $42.73.
Healius firmed 7.4 per cent to $3.90, Mesoblast advanced 4.9 per cent to $4.71 and Cooper Energy added 4.1 per cent to 38¢.
Macquarie Group declined 0.9 per cent to $139.77, Goodman Group slid 1.4 per cent to $18.17 and Scentre Group dropped 2 per cent to $2.88.
Abacus Property Group dipped 3.8 per cent to $2.95, Silver Lake Resources slid 3.4 per cent to $1.83 and Gold Road Resources fell 3.2 per cent to $1.23.
Source: AFR
Mobile gaming company iCandy Interactive (ASX: ICI) has banked an early Christmas present in the form of a heavily oversubscribed $10.5 million share placement before costs.
The company has confirmed it will issue approximately 71 million new shares at a blended issue price of $0.14 each to fund production capabilities and enhance product quality at its game development studios across south-east Asia.
Part of the funds will also be used for marketing and general working capital.
The placement was supported by sophisticated investors including existing shareholder Fatfish Group (ASX: FFG), which committed $500,000, and iCandy chairman Kin Wai Lau with a $50,000 investment for the total purchase of 3.9 million new shares and 1.9 million options with a strike price of $0.22 and December 2022 expiry.
Source: Small Caps
Across Asia, China stocks edged higher on Wednesday as data showing a slower pace of fall in factory gate prices added to recovery signs in the world’s second-largest economy, although concerns over Sino-U.S. relation weighed on the market.
At the midday break, the Shanghai Composite index was up 0.06% at 3,412.29, also helped by positive COVID-19 vaccine news.
China’s blue-chip CSI300 index was down 0.12%, with its financial sector sub-index higher by 0.57%, the consumer staples sector down 0.37%, the real estate index down 0.35% and the healthcare sub-index down 0.41%.
Chinese H-shares listed in Hong Kong rose 1.26% to 10,540.36, while the Hang Seng Index was up 1.26% at 26,636.36, poised for its best daily gain in more than a month.
The smaller Shenzhen index was down 0.5%, the start-up board ChiNext Composite index was weaker by 0.32% and Shanghai’s tech-focused STAR50 index was down 1.2%.
Source: Reuters
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.042 -2.33%
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.26 -5.45%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.090 +18.42%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.13 +4.00%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.068 -4.23%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.050 +4.17%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.085 +3.66%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.021 -16.00%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.71 -4.58%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.033 -2.94%
Sector: mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 +11.11%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3M
Price Change: $0.12 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 $0.11 +4.76%
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: $0.014 Unchanged
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
