A busy day @PeakHQ as we went live with a placement in ASX:EDE.
With operations in the low-carbon concrete and hydrogen, the company is certainly well placed to execute on its growth strategy.
Watch this space for more.
Across Markets…
A diffuse swing upwards across much of the benchmark led the ASX into the green at close, as the market awaits a speech from incoming Reserve Bank governor Michele Bullock later tonight.
The S&P/ASX 200 was up 0.7 per cent to 7197.6, with nine of the 11 sectors either flat or in the green.
The All Ordinaries was also up 0.5 per cent. The tech sector was the worst performing, down just 0.3 per cent.
Shares in BHP and Rio Tinto closed 1 per cent higher, while Fortescue Metals gained 3.2 per cent.
It proved a good day for fintech and buy now pay later stocks. Zip Co jumped 4.6 per cent after reporting record transaction volumes and revenue for the year to June as consumers continue to use buy now, pay later even as spending across the economy softens. EML Payments and Tyro Payments, were also up 31.5 per cent and 14.7 per cent, on better than expected full-year results.
Mineral Resources and Sayona Mining were among the best performers, up 8 per cent and 26.4 per cent, respectively. In its latest full-year report, Mineral Resources upped its total dividend by 90 per cent to $1.90.
Star Entertainment lifted 2.1 per cent. The casino operator posted a $2.4 billion full-year loss and wiped more than $2 billion in value from its Sydney, Gold Coast and Brisbane casinos.
EML shares surged by almost 30 per cent to $0.96 after the embattled payments company took a large impairment loss on its troubled PFS and Sentenial acquisitions in Europe, where it has faced unrelenting regulatory pressures. The company, with a new board led by former Afterpay CFO Luke Bortoli and new senior management team, beat consensus for revenue and underlying earnings for the full-year.