Happy Friday!
Put your hands up if you are keeping an eye on Peak's stocks with Canadian exposure…
Well our portfolio company CSE:SE Sweet Earth is currently trading at $0.45 up 18.42%.
Furthermore, our portfolio company CSE:LOBE is currently up 20.83%!
In other news…
For those of us who participated in ASX:AVE, we expect to receive allocations on Monday.
Across markets…
Australian shares are poised to open lower, with US stocks retreating after resetting record highs.
ASX futures were down 11 points or -0.2% to 6768 near 5am AEDT. The currency was up 0.3 per cent.
In early afternoon trade in New York, all three major benchmarks were lower with the Dow off 0.4 per cent, paced by Walgreens, Chevron and Caterpillar. The Dow earlier reset its record high at 31,543.82. Both the S&P 500 and the Nasdaq were hovering shy of their records.
Ten of the S&P 500’s 11 industry groups were lower; information technology was higher.
Bitcoin surged to a new high after Bank of NY Mellon said it had formed a new unit to help clients hold, transfer and issue digital assets.
Source: AFR
Emerging medical imaging company Singular Health Group (ASX:SHG) has attracted widespread investor interest ahead of its listing on the ASX on Friday through a $6m IPO.
Five institutional investors are understood to have participated in the company’s heavily oversubscribed capital raising alongside sophisticated and retail investors.
ASX stockspert Bhavdip Sanghavi (@Bhavdip143 on Twitter) told Stockhead he likes Singular Health Group because of its IPO price and technology profile.
“3D medical imaging is an upcoming sector in the health industry and it has been the centre of attention for a lot of investors,” said Sanghavi who is participating in the IPO.
Sanghavi also participated in another recent medical sector IPO for CAR T cell technology stock Chimeric Therapeutics (ASX:CHM) last month for $35m.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.044 +7.32%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.18 -5.13%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.043 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.044 Unchanged
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.13 +4.00%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.029 Unchanged
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.70 -1.82%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.044 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.012 +9.09%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.068 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.11 -4.35%
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: $0.013 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 $0.14 +20.83%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.12 -17.24%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
