Happy Friday!
Another cracking way to start the day with a workout and early morning swim at Port Melbourne beach.
In other news.
Startups around the world are working on new ways of producing hydrogen, a clean alternative to fossil fuels that could one day power the grid, transportation and heavy industry.
Click here to read how cheap hydrogen could become the next clean fuel.
Across markets…
Australian shares are set to open higher as Wall Street defied GDP figures to push towards a seven-week high.
The US economy shrank from April through June for a second straight quarter, contracting at a 0.9 per cent annual pace and raising fears that the nation may be approaching a recession.
ASX futures were up 52 points or 0.8% to 6,843 near 6am AEST
- On Wall St: Dow +1% S&P 500 +1.25% Nasdaq +0.9%
- In New York: BHP +0.6% Rio +0.2% Atlassian +3%
- Tesla +1.7% Apple % Amazon +0.5%
The local currency was down -0.19 per cent to 69.79 US cents.
On bitstamp.net, Bitcoin was up 4.3 per cent to $US23,802 near 6am AEST.
The yield on the US 10-year note declined 11 basis points to 2.67%.
Source: AFR
- Fortescue Metals Group hits record iron ore exports of 189Mt, with potential to grow to 192Mt in FY23
- Costs continue to rise amid high inflation and competition for labour, lifting from US$15.91/t in FY22 to US$18-18.75/t in FY23
- Outgoing FMG boss Gaines says the company hasn’t had any discussions yet with new “centralised iron ore buyer” set up by Chinese govt
Fortescue Metals Group (ASX:FMG) is eyeing yet another iron ore record after beating guidance with a record 189Mt for FY22.
FMG, which recently applied to WA authorities to increase its hematite shipping capacity from Port Hedland from 188Mt to 210Mt, expects to ship 187-192Mt in FY23.
That will dovetail with the first output from its Iron Bridge magnetite mine in the March quarter, with FMG expecting to ship 1Mt of the super-premium product in FY23.
The US$3.6-3.8b mine will have a total production profile of 22Mt once fully ramped up.
Source: Stockhead
Company: Digital Wine Ventures (ASX:DW8)
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 Unchanged
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: $0.034 +6.25%
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: $0.018 +5.88%
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: $0.028 +7.69%
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: $0.089 +12.66%
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: $0.023 +4.55%
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: $0.26 -1.89%
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: $0.026 +4.00%
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: $0.105 -4.55%
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: $0.036 +5.88%
Company: Lobe Sciences (CSE:LOBE)
Sector: Medtech
Deal Type: Pre-IPO
Raise Amount: $1.5M
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: $0.06 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $1.05 +1.94%
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: $0.30 -3.23%
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: $0.077 -3.75%
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: $0.047 +6.82%
Company: Cipherpoint Limited (ASX:CPT)
Sector: Cybersecurity
Deal Type: Placement
Raise Amount: $2.9M
Latest Entry Price: $0.027 with a 1:2 CPTOC
Today’s Price Change: $0.012 -7.69%
Company: Metals Australia Limited (ASX:MLS)
Sector: Lithium/Graphite
Deal Type: Placement
Raise Amount: $7.8M
Latest Entry Price: $0.078 with 1:1 option
Today’s Price Change: $0.058 +1.75%
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: $0.16 +3.23%
Company: BBX Minerals Ltd (ASX:BBX)
Sector: Mining
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.082 with a 1:1 Listed Option
Today’s Price Change: $0.075 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: $0.059 -1.67%
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: $0.013 -3.70%
Company: ECS Botanics Holdings Ltd (ASX:ECS)
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: $0.027 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
