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.


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