Only two days left of the working week.
Yes please!
How confident are you in the Fed navigating a soft landing?
Well, some analyst from Citi have priced in a 55% chance of a the US nailing a soft landing.
The good news…
If that happens, they believe the S&P 500 has 20% more upside in its future!
In other news…
Mark Zuckerberg’s wealth has plunged $71 billion so far this year!
The poor guy now only has a net worth of $52.8 billion.
Across markets…
Australian shares are poised to rise, with Wall Street turning positive. Minutes from the RBA’s latest policy meeting will be released at 11.30am AEST.
ASX futures were up 52 points or 0.77 per cent to 6773 near 6.40am AEST.
- On Wall St: Dow +0.6% S&P 500 +0.7% Nasdaq +0.8%
- In New York: BHP +1.8% Rio +2.1% Atlassian -0.5%
- Tesla +1.9% Apple +2.5% Amazon +0.9%
The local currency was 0.1 per cent higher; the Bloomberg dollar spot index slipped 0.1 per cent.
On bitstamp.net, bitcoin was 0.8 per cent lower at $US19,542 near 6.45am AEST.
The yield on the US 10-year note was 4 basis points higher to 3.49 per cent near 4.40pm in New York; it briefly topped 3.50 per cent earlier.
Source: AFR
- The near-term lithium producer is up 100% since the start of the year
- The North American Lithium operation in Canada could restart as soon as Q1 23
- Two out of three experts say there’s still room for the company to grow
Crowd favourite and near-term lithium producer Sayona (ASX:SYA) is up over 100% since the start of 2022, sitting at a market cap of $2.4 billion, earning the company a recent spot in the S&P Dow Jones ASX 200.
This is mostly because back in June, the company and Piedmont Lithium (ASX:PLL) announced plans to reboot the North American Lithium operation in Quebec, Canada, and considering the wave of pro-lithium sentiment explorers and producers have been riding this year the timing couldn’t be better.
The mine could be up and running as soon as Q1 2023, Sayon says, with procurement 94% completed, 95% of required permits received and construction ramping up.
Here’s what the timeline looks like:
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: $0.37 -3.90%
Company: Lion Energy Ltd. (ASX:LIO)
Sector: Energy
Deal Type: Placement
Raise Amount: $933K & $5.8M
Latest Entry Price: $0.08 with a 1:2 Listed Option
Today’s Price Change: $0.032 -5.88%
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: $0.028 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: $0.0305 -1.61%
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: $0.085 Unchanged
Company: Metgasco Ltd. (ASX:MEL)
Sector: Energy
Deal Type: Underwritten Rights Offer
Raise Amount: $4.58M
Latest Entry Price: $0.025 with 1:3 listed option
Today’s Price Change: $0.026 -10.34%
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: $0.365 +1.39%
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: $0.023 -4.17%
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: $0.07 -1.41%
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: $0.024 -7.69%
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: $0.13 -7.14%
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.195 -2.05%
Company: Beam Communications (ASX:BCC)
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5.3M & $5M
Latest Entry Price: $0.44 with a 1:4 Option
Today’s Price Change: $0.25 -3.85%
Company: Nanollose Limited (ASX:NC6)
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.071 -2.74%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.04 -2.44%
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: $0.004 Unchanged
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: $0.048 -4.00%
Company: Boadicea Resources Ltd (ASX:BOA)
Sector: Mining
Deal Type: Underwritten Rights Offer
Raise Amount: $2.98M
Latest Entry Price: $0.24 with a 1:1 BOAOA
Today’s Price Change: $0.15 Unchanged
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: $0.071 +1.43%
Company: Candy Club (ASX:CLB)
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Today’s Price Change: $0.06 Unchanged
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: $0.012 +9.09%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.024 +4.35%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
