A bit of friendly “banter” this morning as Djokovic sends his “wish list” while in quarantine and Kyrgios “ups the ante”…
So…
Will the AUS Open go ahead?
In other news.
We’re seeing some strong inflows across the Uranium, Lithium and “Green” sectors …
Across markets…
Australian shares are poised to open higher, with little direction from overseas markets.
ASX futures were up 37 points or 0.6% to 6634 near 7.30am AEDT. Trading globally was subdued with US markets closed for Martin Luther King Jr. Day.
The currency slid below US77¢ as the US dollar rallied to its highest in four weeks, bolstered by a report that the Biden administration will not seek to weaken the greenback as the Trump administration has sought to do.
The dollar spot index pared its gain to trade little changed.
Weekly positions in the currency markets show that hedge funds have piled up a massive net short dollar position of $US34.04 billion in the week ended January 12, the largest short position since May 2011, Reuters reported.
Such large positions suggest that traders would be relatively more inclined to reduce their positions than add to already large bets.
Derivative markets also point to some dollar strength in the short term.
Source: AFR
There are signs that demand for battery grade graphite could outstrip supply in 2021, leading to a much-needed price response.
While graphite demand is primarily driven by the steel market, rapid growth in electric vehicle production is expected to drive a big uptick in demand and pricing over the next few years.
There is 10 times more graphite than lithium in a lithium-ion battery, with each EV requiring ~55kg of flake graphite to make the battery anode.
The process from the mine to battery is a complex one.
First, graphite ore is processed into a flake concentrate, which is then shaped in a process called ‘spheronisation’.
Then it has to be purified to 99.95 per cent.
At that point we have a potato shaped particle, sized to a certain diameter, which is +99.95 per cent graphitic carbon.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.045 -2.17%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.14 -3.33%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.070 -5.41%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.21 -13.22%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.050 -1.96%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.10 +7.14%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.034 +6.25%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.45 -1.21%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.044 +2.33%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.068 -4.23%
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.13 -3.70%
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 +18.18%
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 $0.13 +4.00%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.050 +4.17%
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