What are your thoughts on the 4 day working week?
Well…
Many companies are now adopting this policy and are hiring now! (See pic below).
Across markets…
Australian shares are poised to edge higher, in line with modest gains in New York as a semblance of calm returned to the banking sector with First Citizens decision to buy Silicon Valley Bank.
ASX futures were up 29 points or 0.41% to 7021 at 7.15am AEDT.
- On Wall St: Dow +0.6% S&P +0.2% Nasdaq -0.5%
- In New York: BHP +0.4% Rio +0.7% Atlassian +1.5%
- Tesla +0.7% Apple -1.3% Alphabet -2.8% Block +6.1%
The local currency edged 0.1 per cent higher; the Bloomberg dollar spot index slipped 0.2 per cent.
On bitstamp.net, bitcoin was 3.1 per cent lower to $US27,005 at 7.23am AEDT. There was more bad news for the crypto market overnight with the US futures regulator suing Binance and its chief executive.
The yield on the US 10-year note leapt 16 basis points to 3.54 per cent at 4.21pm in New York.
Source: AFR
Nova Eye Medical is awaiting US FDA clearance for its updated surgical device to treat glaucoma, which is forecast to significantly expand its market in the US.
Nova Eye Medical (ASX:EYE) is tackling two of the biggest diseases leading to blindness in the developed world – glaucoma and macular degeneration.
EYE managing director Tom Spurling said the company has developed surgical devices for treating patients with glaucoma and has a clinical-stage product for intermediate stage macular degeneration.
The market for surgical devices for the treatment of glaucoma is currently valued at US$700 million. Within this segment, EYE has pioneered the fastest growing part: canal surgery for glaucoma. Canal surgery is expected to grow at a CAGR of 20% between now and 2027.
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: $0.235 +2.17%
Company: Unith Ltd. (ASX:UNT)
Sector: AI/ChatGPT
Deal Type: Placement
Raise Amount: $4.5M
Latest Entry Price: $0.033 with a 1:1 UNTO
Today’s Price Change: $0.029 Unchanged
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: $0.0095 -9.52%
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: $0.018 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: $0.013 Unchanged
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: $0.061 Unchanged
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: $0.42 -8.70%
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: $0.013 +8.33%
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: $0.045 Unchanged
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: $0.014 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: $0.04 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.35 +1.50%
Company: ReNu Energy Limited (ASX:RNE)
Sector: Energy
Deal Type: Placement
Raise Amount: $1.46M
Latest Entry Price: $0.06 with a 1:1 RNEO
Today’s Price Change: $0.051 +8.51%
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: $0.006 Unchanged
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: $0.035 -5.41%
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: $0.105 -4.55%
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: $0.009 Unchanged
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: $0.02 -13.04%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
