We hope you had a nice weekend!
21 degrees and sunny to kick off the working week in Melbourne.
Certainly makes things a little easier!
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: US$1,968.7 (-0.03%)
Silver: US$23.25 (+0.01%)
Nickel (3mth): US$20,863/t (-1.04%)
Copper (3mth): US$8377.48/t (-0.03%)
Oil (WTI): US$81.26 (-0.68%)
Oil (Brent): US$84.63 (-0.71%)
Iron 62pc Fe: US$107.41/t (-0.91%)
AUD/USD: 0.65 (+0.7%)
Bitcoin: US$29,155.70 (-0.08%)
Across markets
Australian shares are poised to start the week higher, bolstered by oil’s rally and spot iron ore’s resilience. The week ahead appears set to be dominated by the Reserve Bank and governor Philip Lowe’s farewell.
ASX futures were up 31 points or 0.3 per cent to 7274 over the weekend.
The local currency slid 0.4 per cent; the Bloomberg dollar spot index was 0.4 per cent higher.
On bitstamp.net, bitcoin was up 0.5 per cent to $US25,956.
The yield on the US 10-year note rose 7 basis points to 4.18 per cent in New York.
On Wall Street, the Dow Jones and S&P 500 each edged higher to end their week, while the Nasdaq dipped, in large part because of a slump in Tesla as investors reponded to the EV maker’s decision to cut prices again on key models sold in the US.
The US August jobs data was generally viewed as positive with the headline number slightly higher than consensus and wage pressures eased. Still, wages continue to rise faster than policymakers want, and that left the outlook for interest rates somewhat clouded.
As for the RBA, it’s set to hold a policy meeting on Tuesday and Mr Lowe to speak early Thursday afternoon.
Source: AFR
- FY23 unaudited revenue up 39% to $26m, in line with full year guidance
- Total Contract Value (TCV) was $28 million, up 47% from FY22
- The company says emerging INTEGRATEDXR market is set to grow
- VR1 focused on acquisitions to gain competitive advantage
Extended Reality (XR) company Vection Technologies has reported strong financial performance in its FY23 preliminary (unaudited) results, with 39% revenue growth to $26m in line with full year guidance.
The company is focused on tailoring integrated XR technology solutions to specific industries such as defence, space, real estate, fashion, manufacturing, education, and healthcare.
Vection Technologies’ (ASX:VR1) is developing Lunar City, a space-focussed Virtual Reality (VR) metaverse platform ahead of NASA’s Artemis Program which is preparing to return astronauts to the lunar surface.
The company also recently released a ChatGPT-powered mixed reality solution 3DFrame on Apple’s macOS which enables businesses to enhance their immersive product presentations and training experiences in 3D and VR.
The applications are practically endless, with the company also using the 3DFrame platform to assist the design of the European Space Agency’s hypersonic aircraft prototype.
VR1 even has a partnership with Bedshed that could transform the way retailers showcase their product range via XR.
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: $0.165 +17.86%
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.155 -1.59%
Company: Gold Mountain Limited (ASX:GMN)
Sector: Lithium
Deal Type: Placement
Raise Amount: $2.25M
Latest Entry Price: $0.0075
Today’s Price Change: $0.007 Unchanged
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: $0.026 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: $0.009 Unchanged
Company: Castle Minerals Ltd. (ASX:CDT)
Sector: Battery Metals/Base Metals
Deal Type: Placement
Raise Amount: $1.52M
Latest Entry Price: $0.02 with a 2:3 CDTOA
Today’s Price Change: $0.011 Unchanged
Company: Avenira Ltd. (ASX:AEV)
Sector: Phosphate
Deal Type: Placement
Raise Amount: $2.1M
Latest Entry Price: $0.01 with a 1:2 AEVO
Today’s Price Change: $0.011 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: $0.049 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: $0.265 +1.92%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.004 with a 1:1 option
Today’s Price Change: $0.003 Unchanged
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: $0.036 -2.70%
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: $0.012 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.66 +8.20%
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: $0.037 +8.82%
Company: Carly Holdings Ltd (ASX:CL8)
Sector: AI and Car subscription
Deal Type: Placement
Raise Amount: $1.25M
Latest Entry Price: $0.025 with a 1:2 CL8O
Today’s Price Change: $0.0195 -11.36%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.006 with a 3:2 AVEOA
Today’s Price Change: $0.006 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: $0.024 +4.35%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
No responses yet