Put your hands up if you are ready for the black Friday shopping period!
Here’s a stat that might surprise you.
Australians will spend $6.2 billion over the coming four-day Black Friday to Cyber Monday weekend!
However, we are hard at work looking for another PEAK win before going shopping!
Across markets…
Australian shares are poised to open higher despite losses on Wall Street. Oil was modestly lower, recouping a more than 5 per cent plunge, after Saudi Arabia denied it plans to push OPEC to increase output.
ASX futures were up 33 points or 0.46 per cent to 7181 near 6.30am AEDT.
RBA governor Philip Lowe is poised to talk about Price Stability, the Supply Side and Prosperity at the 2022 Annual CEDA Dinner in Melbourne at 7.30am AEDT.
- On Wall St at 2.30pm: Dow +0.02% S&P -0.3% Nasdaq -1.1%
- In New York: BHP -2.3% Rio -1.4% Atlassian -3.1%
- Tesla -6.1% Apple -1.7% Amazon -2.4% Disney +5.8%
The local currency tumbled 1 per cent, briefly trading below US66¢, reflecting heightening concerns about a spike in COVID cases in China; the Bloomberg dollar spot index leapt 0.7 per cent.
In a note, Oxford Economics said the resurgence of COVID cases will be a key drag on China’s near-term economic activity. Oxford said it was more cautious than consensus about an imminent exit from zero-COVID.
Source: AFR
- The FMG-backed IPO is listing today with its flagship Dundas South project in Norseman
- The company is searching for critical minerals and lithium near Liontown Resources’ Buldania deposit
- Former Critical Resources boss Alex Biggs plans to kick off exploration tomorrow
It’s unheard of to list one day and start exploration the next – but that’s what today’s fresh listee and critical minerals explorer Lightning Minerals (ASX:L1M) wants to do.
The company has four project areas in WA, but that standout are its Dundas licences in the hot new lithium province of Norseman, which it picked up from Fortescue (ASX:FMG), which holds about 3% in the company.
Dundas South actually surrounds Liontown Resources’ (ASX:LTR) Buldania/Anna lithium project.
It’s also just down the road from Alliance Mineral Assets’ (ASX:A40) Bald Hill lithium and tantalum project, Global Lithium’s (ASX:GL1) Manna project, Essential Metals (ASX:ESS) Pioneer Dome project, and Mineral Resources (AX:MIN) Mt Marion project.
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: $0.295 -3.28%
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: $0.039 +8.33%
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: $0.017 -5.56%
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: $0.022 Unchanged
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 Listed Option
Today’s Price Change: $0.037 +5.71%
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: $0.079 -4.82%
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: $0.021 +5.00%
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: $0.45 +3.45%
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: $0.022 Unchanged
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: $0.064 -3.03%
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: $0.019 Unchanged
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.05 with a 1:1 Warrants
Today’s Price Change: $0.07 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.70 +10.39%
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 +2.04%
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: $0.08 Unchanged
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: $0.06 Unchanged
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: $0.007 -12.50%
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: $0.051 -5.56%
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: $0.095 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: $0.07 Unchanged
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: $0.046 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: $0.008 -11.11%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
Sector: Medicinal Cannabis
Deal Type: Placement
Raise Amount: $6.6M
Latest Entry Price: $0.033 with 1:2 ECSO
Today’s Price Change: $0.019 -5.00%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460