A big night in commodities!
- Gold +2.13%
- Silver + 5.98%
- Copper +1.7%
Bodes well for our SBR (2A out shortly) and GED positions.
A big shout out to Peter L, for hosting us at a networking function last night, showcasing a startup that is using AI and machine learning to pick your wine for you, based on tastes and behaviours….
Some “exotic” wines that are hard to find were drunk, the food was great and the Greek coffee at the end, was a good idea… but not before midnight!
Across markets…
Last night, U.S. stocks are starting December on a bullish note with a rebound from Monday’s retreat. The dollar extended its slide to a more than two-year low and Treasury yields jumped.
The risk-on mood powered the S&P 500 and Nasdaq Composite to record highs. Traders continued to bet vaccine news will lead to an economic surge next year.
There were also signs that appetite is picking up for a federal spending package, with a bipartisan group of lawmakers arguing for relief. President-elect Joe Biden urged Congress to pass a relief package.
Source: Bloomberg
White label buy now pay later company Limepay has raised $21 million from current and new high net worth and institutional investors, as it builds towards an initial public offering late next year.
The raise will bring Limepay’s total funding to nearly $30 million – one of the largest fintech pre-IPOs in Australia.
“It’s been quite a ride into an IPO,” co-founder Dan Peters told Stockhead.
The company distinguishes itself from other BNPL operators with its unified checkout solution that operates under the merchant’s own brand, rather than a third-party brand such as Afterpay or Zip.
EB Games used Limepay to soft-launch bl!p, its own BPNL brand, during Black Friday and it exceeded expectations, Peters said.
“They’ve been delighted by the first week’s results,” he said.
Stockhead
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.046 +2.22%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.14 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.080 -1.23%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.17 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.055 +5.77%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.084 -1.18%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.027 Unchanged
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.99 +1.01%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.034 -8.11%
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: $0.0060 +20.00%
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.18 +6.06%
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: $0.015 +7.14%
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 $0.085 -15.00%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.036 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
