Happy Monday!
Over the weekend US President Joe Biden asked his guys to shoot down a Chinese balloon. Bit of a worry and certainly more blowback to come on the markets side this week.
Here in Aus…
The Australian Government demonstrated forward thinking with the TGA now allowing psychiatrists to prescribe Psilocybin and MDMA!
Across markets…
Australian shares are set to start the week higher, though gains could be checked ahead of Tuesday’s first Reserve Board policy meeting of 2023. The RBA will release its latest Statement on Monetary Policy on Friday.
ASX futures were up 12 points or 0.16 per cent to 7513 over the weekend.
Companies reporting on Monday: Argo (ARG) | Dexus Convenience Retail (DXC) | Nick Scali (NCK).
- On Wall St: Dow -0.4% S&P -1% Nasdaq -1.6%
- In New York: BHP -0.7% Rio -0.6% Atlassian -7.2%
- Tesla +0.9% Apple +2.4% Amazon -8.4%
“Friday’s minor [Wall Street] pullback seems to have occurred near a short-term timing pivot which might result in 2-3 days of weakness before turning price back higher,” Fundstrat Global technical strategist Mark Newton said.
Source: AFR
Kazia Therapeutics is approaching 2023 with renewed optimism, having successfully completed a cap raise, and with key trial results due this year.
Brain cancer- focused drug development company Kazia Therapeutics (ASX:KZA) said the company is expecting results of two key trials into brain cancer this year.
CEO Dr James Garner explained to Stockhead that, unfortunately, science has still not made significant progress on brain cancer. However, the company is hoping to “shift the needle”.
“If you’re diagnosed with brain cancer today, it’s still a similar prognosis to what it was at the turn of the century, so our core objective at Kazia is to advance treatment,” he said.
KZA completed a $4.5 million capital raise for institutional and sophisticated investors in January, while a share purchase plan (SPP) is now open for eligible existing shareholders to each purchase up to $30k worth of new, fully paid, ordinary shares.
Source: Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.35 Unchanged
Company: Lion Energy Ltd. (ASX:LIO)
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: $0.034 -5.56%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.013 +8.33%
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.03 with a 1:3 CDTOA
Today’s Price Change: $0.022 Unchanged
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.016 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: $0.078 +8.33%
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: $0.0215 +2.38%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.61 +1.67%
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: $0.021 -4.55%
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: $0.053 -5.36%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.021 +5.00%
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.04 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.47 -1.01%
Company: Beam Communications (ASX:BCC)
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: $0.25 -3.85%
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: $0.06 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.06 -4.76%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.0075 +7.14%
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.053 -1.85%
Company: Boadicea Resources Ltd (ASX:BOA)
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: $0.105 Unchanged
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.145 +3.57%
Company: Candy Club (ASX:CLB)
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Today’s Price Change: $0.046 Unchanged
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.013 Unchanged
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.028 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
