New Peak Deal today!
Make sure to check your inbox as it is a ripper……
$15M market cap, $3M EBITDA, largest shareholder was the CEO of Netcomm and the company is partnering with a $3.64BN listed NASDAQ company to take its products into USA and Europe …..
Also … Go markets!
SP500+ 2.15%
Dow +530 points
Last night, Stocks climbed to a more than one-month high on renewed optimism that U.S. lawmakers could still reach an agreement on additional stimulus. Treasuries and the dollar fell.
The S&P 500 gained 1.7% after a barrage of overnight tweets from President Donald Trump advocating a piecemeal approach. Trump sent stocks tumbling late Tuesday by ending talks with Democrats. Speaker Nancy Pelosi signaled openness to a standalone airline relief bill in a conversation with Treasury Secretary Steven Mnuchin on Wednesday.
“The seesaw we’ve seen since yesterday’s plunge is just case and point for the volatility we may encounter as we close in on the election,” said Chris Larkin, managing director of trading and investment product at E*Trade Financial. “That said, with President Trump’s call for aid to airlines, an obviously hard-hit area of the market, traders may be eyeing bullish opportunities.”
Some investors who’ve watched Democratic challenger Joe Biden’s lead in the polls swell in recent days are now speculating that a victory by him would bring an increase of federal spending to boost the economy. Biden leads among likely voters Florida, Iowa and Pennsylvania, Quinnipiac University polls found.
Tech stocks also mostly rose, even after a House panel’s proposal late Tuesday for stricter antitrust rules to curb the power of Apple Inc., Alphabet Inc., Facebook Inc. and Amazon.com Inc. The four tech giants account for more than 15% of the S&P 500. Eli Lilly & Co. gained after advances on its Covid-19 antibody drug.
The SPI is down +17 points this morning.
Source: Bloomberg
Stocks
The S&P 500 Index rose 1.7% to 3,419.45 as of 4:07 p.m. New York time, the highest in more than a month.
The Dow Jones Industrial Average gained 1.9% to 28,303.46, the highest in five weeks on the biggest rise in 12 weeks.
The Nasdaq Composite Index increased 1.9% to 11,364.60, the highest in almost five weeks.
The Nasdaq 100 Index climbed 1.9% to 11,503.20.
The Stoxx Europe 600 Index fell 0.1% to 365.45, the first retreat in a week and the largest fall in more than a week.
Currencies
The Bloomberg Dollar Spot Index fell 0.1% to 1,172.49.
The euro rose 0.2% to $1.1763.
The Japanese yen depreciated 0.3% to 105.99 per dollar, the weakest in almost four weeks.
Bonds
The yield on 10-year Treasuries increased five basis points to 0.79%, the highest in almost four months.
The yield on 30-year Treasuries increased five basis points to 1.59%, the highest in four months.
Germany’s 10-year yield gained one basis point to -0.49%, the highest in almost three weeks.
Britain’s 10-year yield rose two basis points to 0.303%, the highest in more than five weeks.
Commodities
West Texas Intermediate crude decreased 1.7% to $39.98 a barrel.
Gold strengthened 0.5% to $1,887.65 an ounce.
Copper climbed 2.1% to $3.03 a pound, the highest in a week.
Source: Bloomberg
The esports boom is definitely not abating according to new stats, and this has sent ASX stocks on a run in 2020.
SafeBettingSites and Statista estimated that in 2018 there were 173 million frequent viewers but in 2020 this will number nearly 223 million.
In the next three years this is tipped to rise to 295.4 million and the total number of esports viewers is expected to hit 495 million this year.
The biggest market for esports is the Asia Pacific, which accounts for over 50 per cent of the global market.
While the industry was already gaining momentum prior to COVID-19, people being forced into lockdown has accelerated growth in the industry.
Sector: Consumer Discretionary
Year: 2019
Deal Type: Placement
Raise Amount: $2.2m
Price Change: $0.054 Unchanged
Sector: Consumer Discretionary
Year: 2018, 2019
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Price Change: $0.16 Unchanged
Sector: Technology
Year: 2018
Deal Type: Seed and IPO
Raise Amount: $10m
Price Change: $0.12 -3.85%
Sector: Mining
Year: 2017
Deal Type: Seed & IPO
Raise Amount: $5m
Price Change: $0.20 +14.71%
Sector: Mining
Year: 2017
Deal Type: IPO & Placement
Raise Amount: $6m
Price Change: $0.059 -3.28%
Sector: Healthcare Equipment and Services
Year: 2016
Deal Type: IPO
Raise Amount: $8m
Price Change: $0.051 -5.56%
Sector: Materials
Year: 2016
Deal Type: IPO
Raise Amount: $9m
Price Change: $0.025 -10.71%
Sector: Biotechnology
Year: 2015, 2017, 2018
Deal Type: Placements & IPO
Raise Amount: $5m
Price Change: $2.87 -1.03%
Sector: Media an Entertainment
Year: 2016
Deal Type: Reverse Takeover
Raise Amount: $4m
Price Change: $0.031 Unchanged
Sector: Mining
Year: 2018, 2019, 2020
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Price Change: $0.010 Unchanged
Sector: Discretionary
Year: 2020
Deal Type: Placement
Raise Amount: $1.3m
Price Change: $0.0070 -12.50%
Sector: Gaming
Year: 2020
Deal Type: Placement
Raise Amount: $1.25m
Price Change: $0.081 -3.57%
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: $0.014 -6.67%
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 $0.065 Unchanged
Sector: Mining
Year: 2020
Deal Type: Placement
Raise Amount: $330k
Price Change: 0.049 -7.55%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.
