How was the weekend?
Yes, us Victorians are back in “lockdown”, but a significant amount of people have “fled the state” as a call for for Victorian government echoes widely…
Just think of the poor restaurants and florists, who ordered over $30M worth of produce and now cannot sell them…
An extremely busy week in financial markets as a number of “big name” (BabyBunting, BHP, JB Hi-Fi) report their earnings.
At least the GameStop “fiasco” made a few people extremely well off…
Click here, to read more.
Across markets…
Australian shares are poised to open higher, bolstered by further gains in New York. Key to local sentiment will be how investors interpret Victoria’s latest COVID-19 lockdown.
ASX futures were up 37 points or 0.6 per cent to 6780. The currency edged higher.
It’s going to be a busy day, and a busy week, for corporate results: Aurizon, Altium, Regis Resources, Saracen Mineral, Beach Energy, Cooper Energy, GPT Group, JB HiFi, Bendigo & Adelaide Bank and Seven West Media.
All three major US benchmarks closed at record highs on Friday in New York, ahead of a three-day break. Markets there will be closed on Monday local time for Presidents’ Day.
Optimism about President Joe Biden’s $US1.9 trillion ($2.4 trillion) relief plan is rising, as is the vaccination rate in the US and investor sentiment also is being boosted by better than expected quarterly results.
Source: AFR
Hydrogen is still in its infancy in Australia but the pace is clearly picking up with state governments, federal government agencies and companies laying out their plans.
And it’s not alone.
Supermajor Shell is continuing its pivot away from oil and gas with the company noting in February that it will increase its spending on low carbon energy – including hydrogen – to about 25 per cent of its overall capital expenditure by 2025.
It is already developing a hydrogen hub in Hamburg, Germany, and it is one of several firms developing a hub in Rotterdam in the Netherlands.
Even the financial sector is getting into the industry with Legal & General Investment Management launching the first pure hydrogen exchanged traded fund in Europe to “offer investors early access to this fast evolving industry”.
Further highlighting this growth, Wood Mackenzie has detailed in its report 2050: The Hydrogen Possibility that the project pipeline has grown nine-fold since October 2019 to a 26 gigawatt major player.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.044 Unchanged
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.19 +2.70%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.040 -6.98%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.22 +7.50%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.045 +2.27%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.12 -3.85%
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: $2.65 -1.85%
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 Unchanged
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: $0.12 +4.55%
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: $0.012 -7.69%
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 $0.15 Unchanged
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.13 +8.33%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
