All eyes are on gold!
What are you top picks?
In other news….
We are still firm believers that graphite could be the next critical mineral to rise steeply in price!
Set to benefit from the growing demand in the graphite space is PEAK’s portfolio company ASX:VRC which is currently in a trading halt regarding an offtake.
Across markets…
Australian shares are poised to plunge at the open, amid another wave of global bank angst after Credit Suisse saw its stock tumble anew, with reports that the lender was seeking a Swiss government backstop.
“If Credit Suisse is a too-big-to-fail bank, why does it keep acting like it is going to fail?” Jim Bianco asked on Twitter. Bloomberg reported that the Swiss government is talking with the lender in trying to assess options, including potentially pushing CS into UBS.
ASX futures were down 114 points or 1.61 per cent to 6946 near 7am AEDT, paring losses that had reached more than 2 per cent.
- On Wall St at 4pm: Dow -0.9% S&P -0.7% Nasdaq +0.05%
- In New York late: BHP -5% Rio -5.3% Atlassian -1.4%
- Tesla -2.1% Apple -0.4% Amazon +0.7% Netflix +2.5%
- In Europe: Stoxx 50 -3.5% FTSE -3.8% CAC -3.6% DAX -3.3%
The local currency shed more than 1 per cent before slightly paring its losses; the Bloomberg dollar spot index was 0.9 per cent higher.
Source: AFR
UK-based Simon Popple was making good money in his 30s as a director at one of the world’s largest private property companies.
At the time, he assumed his growing pension fund would set him up for a comfy retirement.
“Fortunately, twelve years ago, I did a bit of maths,” Popple says in the intro to his new book, Investing in a Recession: Time to Think About Gold.
“The question was really simple: what happens to my pension if we get inflation? I crunched a few numbers and things got really depressing.
“Let’s say your pension pot is worth £1,000,000.
“If you multiply that pot by the present value factor (if we get 8% inflation for ten years), in today’s money, it’s actually worth about £463,000.”
Inflation was going to corrode the value of every dollar (or pound) Popple saved.
Driven by the need for a pension he could actually live off, Popple left his well-paying job and started investing in commodities, mostly gold, full time.
“One of my investments was life-changing, and I made a lot of money,” he says.
“Several others did very well, too. My pension pot went from around £192,231 to £790,396 in less than nine months.
“Now, I’m on track to live, not just exist.”
Source: Stockhead
Company: Terra Uranium (ASX:T92)
Sector: Uranium
Deal Type: IPO
Raise Amount: $7.5M
Latest Entry Price: $0.20
Today’s Price Change: $0.28 -6.67%
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.032 +10.34%
Company: Volt Resources Ltd. (ASX:VRC)
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.011 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
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: $0.021 Unchanged
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.012 Unchanged
Company: Latrobe Magnesium Ltd. (ASX:LMG)
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.066 +3.13%
Company: Askari Metals Ltd (ASX:AS2)
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.505 +1.00%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.014 Unchanged
Company: iCandy (ASX:ICI)
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: $0.048 +2.13%
Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.016 Unchanged
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.035 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.37 Unchanged
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.047 Unchanged
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.005 with a 1:1 Listed Option
Today’s Price Change: $0.006 -14.29%
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 MLSOD
Today’s Price Change: $0.042 +2.44%
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 BBXOA
Today’s Price Change: $0.12 +4.35%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBD
Deal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.008 -11.11%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.02 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
