A busy start to our day as we catch up with Michael Cappochi from Beam communications (BCC) for an update.
Followed by Peter Espig from Sweet Earth (SE) in Canada!
At lunch, the PEAK team are heading to the CBD for a Broker Roundtable to meet with management of a biotech company listing on the ASX.
It will be the first time in almost 12 months, where we will attend a roadshow presentation with fellow fund managers and brokers.
No more Zoom?
So….
Our Chinese friends are reducing leverage as the CSI hits new highs…
What impact will this have on our markets ?
Across markets…
Australian shares are set to edge modestly higher at the open. Wall Street eased after surging higher the previous session.
ASX futures were up 17 points or 0.3 per cent to 6739 near 7.40am AEDT. The currency rose 0.7 per cent. The yield on the US 10-year note slipped 1 basis point to 1.41 per cent.
On Wall Street, all three major benchmarks were lower in afternoon trade as early afternoon reprieve proved fleeting. Near 2.45pm, the Dow was down 7 points or 0.02 per cent. Both the S&P 500 and Nasdaq were lower.
Apple, which had leapt more than 5 per cent on Monday, was down 1.6 per cent. Microsoft, Amazon and Facebook were lower. Tesla slid 3.6 per cent.
The NYSE Fang + Index slid 1.3 per cent.
Source: AFR
Drilling at Great Southern’s Mon Ami project has significantly expanded the known depth extent of high-grade gold mineralisation as well as confirmed the gold mineralisation within the area identified for near-term open-pit mining.
The standout shallow intersection from the latest results is 4m grading 6.6 grams per tonne (g/t) gold from 8m including 2m at 11.6g/t gold while the notable deep intersection is 10m at 2.7g/t gold from 241m that includes 5m at 5.2g/t gold.
Great Southern Mining (ASX:GSN) adds that high-grade mineralisation at the project now extends for 500m while remaining open along strike and at depth.
“This program was designed to resolve two key questions – whether there is scope to improve the economics and confidence of the mineralisation inside the proposed mining envelope, and whether there is underground mining potential. Both questions have been resoundingly answered in the affirmative,” chief executive officer Sean Gregory said.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.078 +5.41%
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.24 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.031 Unchanged
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.19 Unchanged
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.052 +6.12%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.12 -3.85%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.028 -6.67%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.28 -2.56%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.044 +2.33%
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.011 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.068 Unchanged
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.12 -4.00%
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 -8.33%
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 $0.18 -10.26%
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.17 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
