The Penny Picks || Penny Space Buzzing While ASX 200 Pared Early Gains

• The construction and engineering company Intega Group soared upon initiating a strategic review due to increased activity and interest in the sector.  

• Shares of digital lender QuickFee  rose most in one month after the company announced CEO transition. 

• Chief Executive Officer Bruce Coombes will be replaced by Eric Lookhoff, who was previously appointed as the president of QuickFee's U.S. division. While, Coombes will remain on board as executive direct.

• Prairie Mining has filed a statement of claim against the Republic of Poland under the Energy Charter Treaty and the Australia-Poland Bilateral Investment Treaty. The company has claimed compensation of about A$1.5 billion, citing that Poland had breached its obligations under the Treaties to block development of the company’s Jan Karski and Debi-ensko mines in the country. 

• SHARES OF of medical cannabis developer Epsilon Healthcare climbed on the back of a clinical trial supply agreement. 

• The company announced that it is supplying a clinical study with cannabidiol medicines to treat severe behavioural problems in youth with intellectual disabilities.

•   Pharma player Probiotec rose on an upbeat earnings outlook. 

• Based on strong trading and an accretive acquisition, Probiotec expects financial year 2021 revenue at between $118 million and $122 million, compared to $107 million earned during the previous financial year.

• Battery materials explorer Queensland Pacific Metals jumped up on entering an investment and offtake deal with battery maker LG Energy and Korean steel producer POSCO. Notably, the companies would invest a combined $15 million in Queensland Pacific through a subscription of ordinary shares at 13 point 64 cents.

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK