In 1984…
- The average home cost was $64,039
- The average annual income was $19,188
- The average mortgage was $42,277
Now take a look at the pic below to see how things have changed in 2023!
Across markets…
Australian shares are poised to open higher. The Australian dollar leapt near 1 per cent. US stocks closed modestly higher.
ASX futures were up 25 points or 0.35 per cent to 7164 near 7am AEST.
- On Wall St: Dow +0.03% S&P +0.2% Nasdaq +0.4%
- In New York: BHP +1.6% Rio +1.2% Atlassian +0.4%
- Tesla +1.7% Apple -0.2% Amazon +1.1% Coinbase -12.1%
The local currency was 0.8 per cent higher; the Bloomberg dollar spot index slipped.
On bitstamp.net, bitcoin was 5.3 per cent higher to $US26,972 at 6.57am AEST.
Coinbase Global plunged after the US Securities and Exchange Commission sued the crypto exchange, accusing it of illegally operating without having first registered with the regulator.
The yield on the US 10-year note was 2 basis points lower to 3.67 per cent at 4.59pm in New York; the yield earlier edged modestly higher.
On Wall Street, financials paced seven of the 11 S&P 500 industry sectors higher. Health care led the decliners.
Fed fund futures indicate traders have priced in a near 80 per cent chance that the central bank will hold interest rates in the 5 per cent-5.25 per cent range, according to CMEGroup’s Fedwatch tool. However, they see 50 per cent odds of another quarter point rise in July.
The CBOE volatility index slid lower, ending down 5.2 per cent to 13.96.
Source: AFR
Clay-hosted REEs are red-hot now in Australia and new entrants run the risk of being lost in the crowd, a fate that Requisite Resources is confident that it can avoid.
The magic ingredients that the company is counting on are its very large landholding – indeed the largest at 5,280km2 – right smack in the middle of the emerging clay-hosted REE province in Western Australia’s Esperance region as well as the luxury of not having to reinvent the wheel.
And unlike many other junior explorers who embark on drill programs after raising funds from their initial public offerings, Requisite, which is looking to raise $6m and list on the ASX in the third quarter of 2023, is already progressing a maiden 384 aircore hole program.
Emerging rare earths province
Esperance has received significant attention in recent times following a spate of successful exploration in the region for REEs, which are some of the most in-demand commodities globally, given their use in permanent magnets for electric vehicle motors and wind turbines.
Companies such as Mount Ridley Mines (ASX:MRD), OD6 Metals (ASX:OD6), West Cobar Metals (ASX:WC1) and Heavy Rare Earths (ASX:HRE) have all reported very intriguing REE drill hits – with the latter two defining maiden resources – across some 20,000km2 of ground.
It is in this frontier exploration province that Requisite has carved out a 5,280km2 – split between the Mount Ney and Balladonia projects – tenure in which to repeat the successes that its neighbours have already achieved.
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: $0.20 Unchanged
Company: Patagonia Lithium (ASX:PL3)
Sector: Lithium
Deal Type: IPO
Raise Amount: $8.6M
Latest Entry Price: $0.20
Today’s Price Change: $0.165 -2.94%
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: $0.031 -3.12%
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 -5.26%
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: $0.015 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: $0.058 -3.33%
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: $0.27 -8.47%
Company: Tymlez Ltd (ASX:TYM)
Sector: Blockchain
Deal Type: IPO/On-market purchase
Raise Amount: $13.3M
Latest Entry Price: $0.005
Today’s Price Change: $0.004 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: $0.044 -4.35%
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: $0.015 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: $0.025 Unchanged
Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1M+
Latest Entry Price: $0.35
Today’s Price Change: $0.86 +3.61%
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: $0.041 -5.75%
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 -14.29%
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: $0.036 Unchanged
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: $0.069 +13.11%
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: $0.005 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 Unchanged
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
Peak on 1300 304 460
