Before we talk markets, let’s talk football.
So…
Jordan Degoey from Collingwood, got the ok to go to Bali during the bye and had a few drinks.
Now, he is being suspended by the club!
Surely it’s Collingwood who need to take the responsibility here by allowing its player to go away during the year?
Leadership must come from the top!
Across markets…
Australian shares are poised to catch the bear market rally that has lifted shares in Europe and the US. Tesla surged 9.4 per cent after Elon Musk confirmed he’ll cut salaried staff by 10 per cent as the economic outlook dims.
ASX futures were up 44 points or 0.7 per cent to 6459 near 6.35am AEST.
- On Wall St: Dow +2.2% S&P 500 +2.5% Nasdaq +2.5%
- In New York: BHP -0.1% Rio +1.3% Atlassian +2.5%
- Tesla +9.4% Apple +3.3% Amazon +2.3% Alphabet +3.9%
The local currency was 0.3 per cent higher; the Bloomberg dollar spot index was little changed.
On bitstamp.net, bitcoin was up 3 per cent to $US20,915.01 at 6.40am AEST, paring earlier gains above $US21,000.
The yield on the US 10-year note surged 6 basis points to 3.28 per cent at 4.41pm in New York.
Source: AFR
Indiana is poised to accelerate exploration at its Central Gawler Craton project following a strongly supported $1.84m placement and securing $255,000 in South Australian funding.
Existing and new sophisticated and professional investors backed the company’s placement of 36.8 million shares priced at 5c each with its directors also demonstrating their confidence by collectively subscribing for $110,000 worth of shares.
Proceeds from the placement will be used by Indiana Resources (ASX:IDA) to continue exploration at Central Gawler Craton, which has seen high-grade gold drill intercepts and strong potential for rare earth elements and base metals mineralisation.
“We are delighted to have worked with Merchant Capital Partners to complete this placement to existing and new shareholders. The directors of Indiana have also participated in the placement, underlining their confidence and ongoing support for the company’s strategy,” executive chair Bronwyn Barnes said.
“With an active exploration program planned for the remainder of the year, we look forward to providing regular updates on operational progress.”
Source: 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: $0.018 +20.00%
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: $0.037 +23.33%
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.016 Unchanged
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: $0.025 Unchanged
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.055 +3.77%
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: $0.024 Unchanged
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.28 +5.66%
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.02 +11.11%
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: $0.058 +5.45%
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5M
Latest Entry Price: $0.015 with a 1:2 FFGOA
Today’s Price Change: $0.02 Unchanged
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.95 -2.06%
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: $0.0235 Unchanged
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.065 -1.52%
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.029 Unchanged
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.0175 Unchanged
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.046 Unchanged
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
Sector: Information Technology
Deal Type: Underwritten Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.03 with a 1:1 Listed Option
Today’s Price Change: $0.019 +5.56%
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: $0.068 +6.25%
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.085 -39.29%
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 $0.05 +11.11%
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5M
Latest Entry Price: $0.008 with a 1:2 MRQOC
Today’s Price Change: $0.006 -14.29%
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.013 +8.33%
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: $0.017 Unchanged
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.10 Unchanged
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