It’s been a busy day @PeakHQ as we went live with an oversubscribed placement in our portfolio company ASX:RNE.
With the recent acquisition of Countrywide Renewable Hydrogen, the business is entering an exciting phase of growth and delivering on its incubator strategy.
In other news from the H2 space…
Australia’s first commercial-scale green hydrogen refuelling station is being developed on a site in Melbourne’s west.
Backers say it will be the first in a network to power vehicles all the way to Sydney!
Click here to read more.
Volatility continued to dominate the market today with the ASX200 going on a rollercoaster of gains and losses – with the tech sector crashing more than 3 per cent – before closing 0.15 per cent lower, down 10.7 points to 7,225.2 points.
Saxo Australia market strategist Jessica Amir said that volatility was starting to shake stock markets, and would continue to do so over the next couple of weeks.
Financial services companies weighed down the bourse today, with investment platform Netwealth down 6.4 per cent.
Investors were also displeased with news that Afterpay shareholders’ vote on Square’s $39 billion takeover of the buy-now-pay-later platform would be delayed to either later of this year or early next year. Afterpay’s share price fell by 6.1 per cent.
Resource and mining giants were some key winners on Thursday, with engineering company Worley today’s best performer by far, up 6.52 per cent to $10.08.