Happy Friday!
Thank you to all who joined us for drinks a canapés last night to hear all about the ASX:CDT story!
The company is charging ahead with its portfolio of battery and future metals assets with a drilling campaign commencing in the coming weeks!
Click here to view ASX:CDT’s recent investor presentation.
Across markets…
Australian shares are poised to edge higher as selling pressure unexpectedly eased late in New York. Bloomberg attributed the rally to San Francisco Fed boss Mary Daly saying a 75 basis point rate rise is “not a primary consideration”.
ASX futures were up 10 points or 0.1 per cent to 6926 near 6.20am AEST.
On Thursday, the S&P/ASX 200 Index dropped 123.7 points or 1.8 per cent to close at 6941 points.
- On Wall St: Dow -0.3% S&P 500 -0.1% Nasdaq +0.1%
- In New York: BHP -1.3% Rio -1.5% Atlassian -0.6%
- Tesla -0.8% Apple -2.7% Microsoft -2% Amazon +1.5%
- Netflix +4.8% NYSE Fang -0.3% VIX -2%
The local currency tumbled 1.1 per cent to near US68.60¢; it earlier fell towards US68.30¢. The Bloomberg dollar spot index was 0.5 per cent higher
Source: AFR
The 2022 commodity narrative has been dominated by the growing importance of battery metals – a story which Mac Equity says puts ASX minnow Errawarra Resources right in the spotlight.
A recent equity update on Errawarra (ASX:ERW) by MAC Equity Partners highlighted the significance of the company’s newly-acquired Andover West nickel project in the Pilbara.
Even from the outset the appeal of the thing is obvious – hot commodity, stable jurisdiction, an explorer with a low market capitalisation.
But the MAC Equity analysts point to the experience of the project’s immediate neighbour, JV nickel discoverer Azure Minerals (ASX:AZS), and the fact that ERW’s yet-to-be-drilled nickel targets at Andover West are considered to have lookalike electromagnetic signatures to Azure’s.
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: $0.026 -10.34%
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: $0.04 +2.56%
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.0175 -7.89%
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: $0.034 -5.56%
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.064 -8.57%
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 Unchanged
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.49 -3.92%
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.024 -14.29%
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: $0.078 -12.36%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.032 +3.23%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.115 -8.61%
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: $0.255 +2.00%
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.089 +1.71%
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.044 +4.67%
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.015 -6.25%
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.081 -10.00%
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: $0.16 -13.51%
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 +4.67%
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: $0.074 Unchanged
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.02 Unchanged
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 $0.015 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: $0.008 -11.11%
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.018 Unchanged
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: $0.022 -4.35%
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.099 -1.00%
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