Happy Friday!
Back to back days of 30+ degrees over the weekend here in Melbourne.
We will certainly be heading down to “the pillars” Mt Martha, Melbournes very own Mediterranean looking coast line (see pic below).
For those of you who participated in the Askari placement, allocations will be sent out this afternoon.
The book was heavily oversubscribed!
Across markets.
Australian shares are poised to open lower as an early rally on Wall Street faded in afternoon trade in New York.
ASX futures were down down 13 points or 0.2 per cent to 7232 near 5.10am AEDT, after being flat earlier.
The currency mostly held its gains in the mid US72¢ range. The Bloomberg dollar spot index was little changed. Bitcoin was trading near $US43,000 after briefly topping that mark earlier.
On Wall Street, all three major benchmarks were higher near 2.30pm although they pared earlier gains.
The rebound was being paced by the tech sector with the NYSE Fang + Index up 1.9 per cent with Microsoft, Meta and Apple recovering some recent lost ground.
Source: AFR
Parallel Systems has “come out of stealth mode” after raising $49.55 million in Series A funds to build autonomous battery-electric rail vehicles that move freight.
The round was led by Anthos Capital, and includes investments from deep tech funds Congruent Ventures, Riot Ventures, Embark Ventures, and others.
Parallel was founded by three engineers who formerly worked at Elon Musk’s cutting-edge space transportation company, SpaceX.
Parallel CEO Matt Soule was previously SpaceX head of avionics for 13 years, where he led a department of 300 people in the design and testing of space electronics.
John Howard, vice president of Hardware, introduced lithium-ion to human spaceflight as head of batteries at SpaceX. Ben Stabler, vice president of Software, was head of avionics software and lead engineer for motorised actuator electronics at SpaceX over five years.
Stockhead
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2M
Latest Entry Price: $0.006 with a 1:4 DW8O
Today’s Price Change: $0.052 +4.00%
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: $0.062 -4.62%
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.025
Today’s Price Change: $0.026 -3.70%
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.012 with a 1:3 CDTO
Today’s Price Change: $0.042 +5.00%
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.13 +13.04%
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: $0.027 Unchanged
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.20 with a 1:4 loyalty option
Today’s Price Change: $0.385 Unchanged
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.035 +12.90%
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: $0.16 +6.67%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.056 -1.75%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.66 +2.79%
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: $0.43 +3.61%
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.10 +5.26%
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.055 with a 1:2 Option
Today’s Price Change: $0.092 +1.10%
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.029 -3.33%
Sector: Mining
Deal Type: Placement
Raise Amount: $4M
Latest Entry Price: $0.0165
Today’s Price Change: $0.014 +7.69%
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: $0.23 -2.13%
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10M
Latest Entry Price: $0.08 with a 1:1 CLBO
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.04 Unchanged
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5M
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: CAD $0.03 Unchanged
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.013 with a 1:1 MRQOC
Today’s Price Change: $0.011 -8.33%
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.015 Unchanged
Sector: Cannabis and Hemp
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 Listed Option
Today’s Price Change: $0.031 -3.13%
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.19 Unchanged
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