Are you a fan of watches?
Well…now you can own one in the metaverse!
It can, however, cost you a prettier penny than buying a rolex (see pic below).
On another note,
Great interview from Stephen Stone of ASX:CDT in The Market Herald today on our recent placement and what lies ahead…
Click here to view.
Have a great weekend!
Across Markets…
The Australian sharemarket receded, ending the week 0.8 per cent lower with the tech sector leading the losses.
The S&P/ASX 200 Index dropped 80.5 points, or 1.1 per cent, to 7393.9.
Qantas is cutting its network capacity as the Omicron COVID-19 wave prompts Australians to cancel or delay travel plans
The chief executive of Australian coal miner New Hope has abruptly resigned after just 18 months in the job, and will depart the business immediately.
Source: AFR
iCandy Interactive (ASX: ICI) is expanding again after revealing it is acquiring 60% South East Asian gaming backend developer Gameconomy for $497,297 in cash and shares.
The acquisition is part of iCandy’s “aggressive” merger and acquisition strategy, which will see it become a “global gaming developer power house”.
Malaysia-based Gameconomy is a boutique software company that specialises in gaming technology relating to real-time in-game analytics and player-versus-player (PVP) mechanics.
Gameconomy has been developing metaverse-related technologies and is working with private and public clients to advance smart contracts technologies.
Source: Small Caps
Asian currencies were tepid and stocks tumbled on Friday as the possibility of multiple and faster rate hikes by the Federal Reserve frayed investor nerves, while the South Korean won took a breather as the country’s central bank tightened policy.
The dollar struggled as four U.S. rate hikes seemed to be fully priced in, with the Fed Governor Lael Brainard becoming the latest and most senior central banker to signal that rates will rise in March to combat inflation.
Losses in Asian currencies were limited, with the Indonesian rupiah and Malaysia’s ringgit easing 0.2%, while Singapore and Taiwan’s dollars were flat.
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: $0.054 +12.50%
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: $0.069 -1.43%
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: $0.026 -3.70%
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: $0.044 +10.00%
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: $0.125 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: $0.029 +3.57%
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: $0.325 Unchanged
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: $0.032 Unchanged
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: $0.145 Unchanged
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.056 +9.80%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.71 -3.65%
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 +3.66%
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: $0.098 +4.26%
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: $0.09 +2.27%
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 -8.82%
Company: Impact Minerals Limited (ASX:IPT)
Sector: Mining
Deal Type: Placement
Raise Amount: $4M
Latest Entry Price: $0.0165
Today’s Price Change: $0.0135 +3.85%
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: $0.23 -2.13%
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 $0.045 Unchanged
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: $0.032 -3.03%
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: $0.195 +8.33%
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