How did you sleep?
Put your hands up if you’re going to the AUS open next week?
It will certainly be an “interesting” tournament …
House prices in Oz are hitting record highs on the back of low interest rates and limited supply.
With the RBA unlikely to raise rates in 2021 and combined with QE even in Oz (ie bond purchases), could prices rise by a further 10%?
Across markets…
Australian shares are set to open lower amid a volatile trading session in New York ahead of quarterly reports from Apple, Tesla and Facebook.
In their latest statement, Federal Reserve policymakers were decidedly dovish: “The ongoing public health crisis continues to weigh on economic activity, employment, and inflation, and poses considerable risks to the economic outlook.”
In his post-statement comments, Fed chairman Jerome Powell said he was far more worried about the economic recovery falling short than he was about higher inflation.
Chairman Powell said it was premature to talk about tapering asset purchases, that its appropriate that monetary policy remain accommodative and that financial stability vulnerabilities overall are moderate.
ASX futures were down 68 points or 1 per cent to 6637 near 7.50am AEDT. The currency tumbled 1.2 per cent, sliding solidly below US77¢.
Source: AFR
FFG’s Malaysia-based subsidiary grew monthly revenue by 180 per cent.
Tech venture firm FatFish Group (ASX:FFG) is building strong momentum across its global investment portfolio.
In its latest update, the company highlighted the recent performance of its Malaysia-based subsidiary Fatberry.com, a direct-to-consumer online insurance marketplace.
Through partnerships with 11 different Malaysian insurance providers, the Fatberry.com comparison website offers a platform for customers to easily compare and customise products online.
FFG holds a 53.4 per cent stake in Fatberry through its majority shareholding in Abelco, an investment firm listed on the Stockholm Stock Exchange.
The Fatberry.com site officially launched in July 2020 after a two-year development phase, and immediately hit the ground running.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.048 +4.35%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 +3.23%
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.050 -10.71%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.21 -4.55%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.046 -4.17%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.14 Unchanged
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.035 +9.37%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.38 Unchanged
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.040 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.017 +30.77%
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.066 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.14 +3.70%
Sector: Mining (Gold)
Year: 2020
Deal Type: Placement
Raise Amount: $982k
Sector: Mining (Gold/Silver)
Year: 2020
Deal Type: Placement
Raise Amount: $2.3m
Price Change: $0.011 Unchanged
Sector: Hemp & CBD
Year: 2020
Deal Type: Pre IPO
Raise Amount: $2.5m
Sector: Psychedelic assisted therapy
Year: 2020
Deal Type: Placement
Raise Amount: $2.5m
Price Change: CAD $0.12 -4.17%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.21 +121.05%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
