How are you this morning?
Today, Roy Morgan and ANZ release the weekly consumer sentiment index, which hit a 20-month low ahead of the RBA’s interest rate hike on May 3.
Commonwealth Bank (ASX:CBA) releases the Household Spending Indicator and National Australia Bank (ASX:NAB) issues the April business survey.
Business confidence stands at a five-month high with business conditions at nine-month highs, CommSec says.
Across markets…
Australian shares are poised to extend their losses with the S&P/ASX 200 Index fast retreating towards the 7000 point mark. The S&P 500 fell below 4000 points as Wall Street’s rout gathered pace.
ASX futures down 97 points or 1.4 per cent to 7005 near 6.15am AEST. On Monday, the benchmark index fell 1.2 per cent, or 85 points, to close at 7120.6 points, its lowest since mid-March.
- On Wall St: Dow -2% S&P 500 -3.2% Nasdaq -4.3%
- In New York: BHP -5.6% Rio -4.6% Atlassian -9.4%
- Tesla -9.1% Apple -3.1% Amazon -5.1% NYSE Fang -5.5%
“An ugly finish to an ugly day on #WallStreet and beyond,” Mohamed El-Erian tweeted.
“As the session proceeded, we got growing indications from internals (#stocks and bonds) that consequential and still-ongoing liquidity concerns were amplified by what is becoming a more generalised worry about global growth.”
Source: AFR
American Rare Earths is a step closer to achieving its vision of being a leading producer of the critical minerals for the US market after receiving encouraging preliminary data from the maiden exploration drill program at Halleck Creek.
So far, high-grade XRF observations have ranged from more than 3,000ppm (parts per million) to a very significant 20,000ppm, with consistent rare earth element (REE) enrichment to at least 100m.
American Rare Earths (ASX:ARR) has now drilled 917m and collected 822 samples from nine holes in the Red Mountain Pluton area, with core recovery from most holes above 99%. The core samples have sent to American Assay Labs for analysis, with full results expected in June or July.
The Australian-based company’s newly expanded Wyoming project has an exploration target estimated at 308 to 385 million tonnes of rare earth oxide (REO) mineralised ore, with high grades from 2,330 to 2,912 ppm total rare earth oxide (TREO).
Source: Stockhead
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2M
Latest Entry Price: $0.006 with a 1:4 DW8O
Today’s Price Change: $0.028 -6.67%
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: $0.043 -2.27%
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.016 -15.79%
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: $0.036 -14.29%
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.075 -5.06%
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: $0.024 -4.00%
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.505 -9.82%
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.026 -7.14%
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: $0.094 -4.08%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.033 -5.71%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.15 +2.68%
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: $0.26 Unchanged
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.092 -1.08%
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.045 -2.17%
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.018 Unchanged
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.088 -12.00%
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: $0.185 -5.13%
Sector: Information Technology
Deal Type: Underwritten Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.03 with a 1:1 Listed Option
Today’s Price Change: $0.022 Unchanged
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: $0.076 -14.61%
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.025 -16.67%
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 $0.02 Unchanged
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.008 with a 1:2 MRQOC
Today’s Price Change: $0.007 -12.50%
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.018 -18.18%
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: $0.024 -4.00%
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.11 -8.33%
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