In what could potential become one of the biggest Metaverse plays…
Microsoft is buying Activision Blizzard for $69M in an all-cash acquisition!
This is the company’s biggest deal ever, nearly three times as large as its 2016 purchase of LinkedIn.
We wonder what Mark Zuckerberg is thinking?
Click here to read more.
Across Markets…
The S&P/ASX 200 closed 1 per cent lower on Wednesday, taking cues from a sell-off in US stocks as investors retreated from risk assets and government bond yields climbed higher.
Tech shares led the decline for Australian blue chips. The sector fell 2.6 per cent and was among nine of the 11 sharemarket sectors to fall, reflecting the broad-based selling pressure across global equity markets.
Oil surged to the highest level in seven years as robust demand and strained supplies make physical markets run hot in the world’s largest consuming region.
Futures in New York closed up at $US85.43 a barrel, the highest since October 2014.
Source: AFR
Blockchain gaming company Animoca Brands has announced the completion of a US$358.9 million (A$500.3 million) capital raise at a pre-money valuation of US$5 billion (A$6.96 billion).
This more than doubles the unlisted game developer’s valuation and is a considerable increase on the previous capital raise undertaken in October of US$65 million (A$90 million) at a pre-money valuation of US$2.2 billion (A$3.06 billion).
Funds from the raise will be used to progress strategic acquisitions and investments, product development, and licences for popular intellectual properties.
Source: Small Caps
China stocks fell on Wednesday, dragged down by electric vehicle makers and healthcare firms as investors booked profits, while worries over a slowing economy also weighed on market sentiment.
At the midday break, the Shanghai Composite index (.SSEC) was down 0.29% at 3,559.69 and China’s blue-chip CSI300 index (.CSI300) was down 0.58%.
Leading the losses, the healthcare sub-index (.CSI300HC) fell 2.11%, while the new energy vehicle sector (.CSI399976) lost 3.73%.
Chinese H-shares listed in Hong Kong (.HSCE) rose 0.12% to 8,459.53, while the Hang Seng Index (.HSI) was up 0.02% at 24,117.26.
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: $0.05 -5.66%
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: $0.065 Unchanged
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 Unchanged
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 +2.56%
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: $0.115 -4.17%
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: $0.027 -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: $0.385 +10.00%
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: $0.031 -3.13%
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: $0.15 +7.14%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.057 +1.79%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.615 -6.10%
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: $0.415 -3.49%
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: $0.095 Unchanged
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: $0.091 -4.21%
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: $0.03 Unchanged
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 -7.14%
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: $0.235 Unchanged
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 -14.29%
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: $0.012 Unchanged
Sector: CBD
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.015 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 Unchanged
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 +2.70%
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
