Happy Friday!
It was great seeing all the 'Peakians' last night for lawn bowls and drinks to celebrate the year!
And what a year it has been!
In other news…
It looks like business is getting ready to "trip"
Our position in LOBE which operates in the psychedelic assisted medicine space seems to be gaining traction (see pic below).
Across markets…
Last night, stocks fluctuated as traders assessed prospects for fresh stimulus amid the most-intense negotiations since Election Day.
The S&P 500 came off session lows, while the Nasdaq 100 climbed. A bipartisan group of lawmakers has reached a deal on a needs-based formula to distribute their proposed $160 billion in state and local aid, according to an aide to one of the senators.
Earlier Thursday, Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi cited progress toward an agreement. Airbnb Inc. more than doubled in its trading debut. Treasuries gained after a strong 30-year bond auction.
The pound slid as U.K. Prime Minister Boris Johnson warned Britain should prepare to leave the European Union’s single market without a trade deal.
Source: Bloomberg
Fortescue Metals Group (ASX:FMG) will seek to maximise its iron ore shipments this year as it marked the start-up this week of its $1.8bn Eliwana mine and rail project in WA’s Pilbara region.
The arrival of Eliwana comes at a euphoric time for the iron ore sector with spot prices rising to $US150 per tonne ($200.60/tonne) this week for cargoes landed in China.
Some commentators are talking about a possible new super cycle for iron ore prices, as supply becomes stretched by China’s accelerating demand.
Eliwana adds 30 million tonnes per year of production capacity to Fortescue’s output, although some of its production is to replace output from its Firetail mine.
“Eliwana will see us maintain our low-cost status and provide us with greater flexibility across our product mix,” said chief executive, Elizabeth Gaines.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.041 -2.38%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.13 Unchanged
Sector: Satellite Communication
Year: 2020
Deal Type: Placement
Raise Amount: $5m
Price Change: $0.026 +1.92%
Sector: Vertical Farming
Year: 2020
Deal Type: Placement
Raise Amount: $1.53m
Price Change: $0.080 -11.11%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.072 +5.88%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 +2.50%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.049 -2.00%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.078 -8.24%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.023 +9.52%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.65 -2.21%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.036 +9.09%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.080 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.14 -6.45%
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.014 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.18 +63.64%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.034 +3.03%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.