Did you know…
While China is home to 20% of the world’s population, it only holds 7% of its fresh water?
According to Bloomberg, by some estimates, 80% of China’s groundwater is not ideal for drinking.
Add Covid-related disruptions to the mix, and we might be seeing the next investment mega-trend in the region?
Across Markets…
Australian shares bounced on Wednesday, with energy and technology sectors leading gains on expectations the fast spreading omicron would not derail global demand and the economic recovery.
The S&P/ASX 200 gained 0.7 per cent, or 48.8 points, to 7438.9, ending two consecutive days of losses.
An overnight surge in oil prices boosted the energy sector which gained 3 per cent. Woodside Petroleum share price rose 4.1 per cent to $24.35 and Beach Energy climbed 5.3 per cent to $1.38.
Materials also gained with the sector up 1.1 per cent, having touched a five-month peak during the session. Shares in Nickel Mines jumped 6.5 per cent to $1.55 after nickel prices touched a seven-year high overnight of $US21,986 per tonne amid a global push towards a greener environment.
Source: AFR
Medicinal cannabis and hemp company ECS Botanics (ASX: ECS) has announced another consecutive quarter of record revenue growth, driven by strong volumes from new and existing domestic customers.
The Australian company today reported a revenue of approximately $1.5 million for the December quarter, up 65% on September and 325% higher than the three months ended December 2020.
The significant growth was underpinned by strong, ongoing demand for ECS’ Goods Manufacturing Practice (GMP) manufactured medicinal cannabis products and the sale of hemp products, the company said.
During the period, ECS also secured supply agreements with local and international medicinal cannabis companies, most notably Sun Pharma and Cannvalate.
Source: Small Caps
Indian shares rose for a fourth straight session on Wednesday, with gains seen across the board, as Asian peers inched higher after Federal Reserve Chair Jerome Powell sounded less hawkish than expected in a testimony to Congress.
The NSE Nifty 50 index (.NSEI) rose 0.54% to 18,152.40 by 0440 GMT, while the S&P BSE Sensex (.BSESN) climbed 0.57% to 60,964.11. The blue-chip indexes have clocked roughly 2% gains for two consecutive weeks and are already up 2% this week.
Asian shares rose on Wednesday and the Nasdaq (.IXIC) and S&P 500 (.SPX) recorded overnight their best sessions of 2022, after Powell said that the economy could handle the COVID-19 surge and tighter monetary policy.
Source: Reuters
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2M
Latest Entry Price: $0.006 with a 1:4 DW8O
Today’s Price Change: $0.047 -2.08%
Sector: Energy
Deal Type: Placement
Raise Amount: $933K & $5.8M
Latest Entry Price: $0.08 with a 1:2 Listed Option
Today’s Price Change: $0.071 -4.05%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.025
Today’s Price Change: $0.027 -3.57%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.012 with a 1:3 CDTO
Today’s Price Change: $0.04 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.10 Unchanged
Company: Metgasco Ltd. (ASX:MEL)
Sector: Energy
Deal Type: Underwritten Rights Offer
Raise Amount: $4.58M
Latest Entry Price: $0.025 with 1:3 listed option
Today’s Price Change: $0.028 -3.45%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.20 with a 1:4 loyalty option
Today’s Price Change: $0.26 +8.33%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.034 +3.03%
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.13 Unchanged
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.052 +1.96%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.79 +1.99%
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5.3M & $5M
Latest Entry Price: $0.44 with a 1:4 Option
Today’s Price Change: $0.42 Unchanged
Company: Nanollose Limited (ASX:NC6)
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.094 +1.08%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.055 with a 1:2 Option
Today’s Price Change: $0.092 +1.10%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.031 -3.13%
Company: Impact Minerals Limited (ASX:IPT)
Sector: Mining
Deal Type: Placement
Raise Amount: $4M
Latest Entry Price: $0.0165
Today’s Price Change: $0.013 Unchanged
Sector: Mining
Deal Type: Underwritten Rights Offer
Raise Amount: $2.98M
Latest Entry Price: $0.24 with a 1:1 BOAOA
Today’s Price Change: $0.22 -8.33%
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.04 -11.11%
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5M
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: CAD $0.03 Unchanged
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.013 with a 1:1 MRQOC
Today’s Price Change: $0.01 Unchanged
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.016 Unchanged
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 Listed Option
Today’s Price Change: $0.03 -3.23%
Company: 8Common Ltd (ASX:8CO)
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.19 +8.57%
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
