How was your weekend?
Some wine with friends and some good food to kickoff the week!
Put your hands up if you are looking forward to seeing some green on your screen?
XJO futures +150 points!
Interesting to see that the G-7 have just banned Russian gold.
Will we see the price going up?
Across markets…
Australian shares are poised to begin the week with a bang, taking direction from a broad rally in New York and expectations that there’s room to run into the end of the month, quarter and first-half of 2022.
ASX futures were up 103 points or 1.59 per cent to 6573.The local currency was up, within reach of US69.50¢; the Bloomberg dollar spot index slipped 0.3 per cent.
The yield on the US 10-year note edged 4 basis points higher to 3.13 per cent.
On Wall Street, the Dow advanced more than 800 points though it was outpaced by both the S&P 500 and the Nasdaq which each rose more than 3 per cent.
The rally was sparked by calming comments from hawkish Federal Reserve policymaker James Bullard, who said he does not foresee the US entering a recession.
In addition, data showed that consumer inflation expectations eased, and as the price of oil recedes from recent highs, there’s hope that the inflationary impact will follow.
JPMorgan equity strategists see the door to an extended rally this week with the S&P 500 potentially rising about 7 per cent amid month, quarter and half year rebalancing moves.
Source: AFR
- Aeris Resources shareholders voted up a deal to acquired Soul Patts’ Round Oak Minerals copper and zinc business
- The $234 million cash and share offer will make Soul Patts the copper and gold producer’s largest shareholder with a 30% stake
- Boss Andre Labuschagne says cashflow from its expanded operations will bankroll expansion as Aeris aims for mid-tier status
Copper and gold junior Aeris Resources (ASX:AIS) rode last year’s boom in copper prices to market darling status.
Powered by the crystallisation of a deal to buy Evolution Mining’s (ASX:EVN) Cracow gold mine, the NSW and Queensland focused miner was one of a handful of gold producers to enjoy a lift in its market value as the rest of the sector floundered.
That enthusiasm has dissipated with copper prices sliding and rising inflation making things a whole lot harder for Australian miners.
Aeris shares have fallen 55.63% year to date, well below the 13.32% lopped off the ASX 200.
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: $0.015 -11.76%
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: $0.035 Unchanged
Sector: Battery Metals
Deal Type: Placement
Raise Amount: $5.75M
Latest Entry Price: $0.011
Today’s Price Change: $0.016 +6.67%
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 +8.70%
Sector: Magnesium
Deal Type: Placement
Raise Amount: $3M & $11.5M
Latest Entry Price: $0.10 with a 1:4 LMGO
Today’s Price Change: $0.058 +11.54%
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: $0.023 Unchanged
Sector: Mining
Deal Type: IPO
Raise Amount: $5.7M
Latest Entry Price: $0.35 with a 1:3 AS2O
Today’s Price Change: $0.25 +6.38%
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.01
Today’s Price Change: $0.02 Unchanged
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: $0.073 +17.74%
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 +17.65%
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.02 +12.02%
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: $0.0225 -1.10%
Sector: Biomaterials
Deal Type: Placement
Raise Amount: $2.85M
Latest Entry Price: $0.10 with a 1:2 NC6OA
Today’s Price Change: $0.06 Unchanged
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.09 with a 1:4 RNEO
Today’s Price Change: $0.036 +38.46%
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: $0.048 +14.29%
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: $0.125 -10.71%
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: $0.017 Unchanged
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: $0.062 -8.82%
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5M
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.085 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 $0.055 Unchanged
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 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: $0.016 -5.88%
Sector: Information Technology
Deal Type: Placement
Raise Amount: $800K
Latest Entry Price: $0.03 with a 1:1 Option
Today’s Price Change: $0.11 +4.76%
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