Happy Tuesday!
A busy day at PeakHQ with some money coming into FFG and CM8, as the payments space really “heats up”….
AVE should have its 2A out today and we are also organising a call with CLB’s chairman and largest shareholder, James Baillieu next Monday 22nd Feb at 9am AEST with zoom details to follow.
If you wanted to listen, please let us know as it will be great to see you!
Across markets…
Australian shares are set to open higher, as miners paced gains in Europe with copper reaching its highest in eight years and oil rising to its highest in 13 months.
ASX futures were up 20 points or 0.3 per cent to 6825 near 6.40am AEDT. The currency was 0.3pc higher.
On today’s reporting season schedule: BHP, Brambles, NAB first quarter, and Western Areas.
British stocks rose, as mining and energy stocks tracked strong gains in commodity prices and investors were hopeful global vaccine rollouts would quicken the economic recovery this year.
“Investors continue to bet on a global recovery as the number of new coronavirus cases is decreasing in hotspot countries and the vaccination campaign is gaining momentum,” said Milan Cutkovic, market analyst at Axi.
Source: AFR
Fintech high flyer IOUpay (ASX:IOU) has caught the market’s attention, as it looks to scale up plans for growth in its key south-east Asian markets.
The company has already had plenty of positive news flow in recent weeks, including approval from Malaysian authorities for a money lending licence, which will allow it to provide buy now pay later (BNPL) services to consumers and merchants.
That was followed by a distribution partnership with online marketplace EasyStore.
And as the company positions itself with a first-mover advantage for BNPL services in south-east Asia – led by key markets in Malaysia and Indonesia – its share price has also raced ahead.
Investors sent IOUpay shares another 59 per cent higher in Monday trade, the stocks’s third straight session with strong demand.
In light of all that, Stockhead caught up recently with chief financial officer Kenneth Kuan to discuss the near-term outlook.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.050 +13.64%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.20 +5.26%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.044 +10.00%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 -6.98%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.047 +4.44%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.12 Unchanged
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: $2.63 -0.75%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.046 +4.55%
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 +4.35%
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: $0.012 Uchanged
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: 0.14 +3.85%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
