Moving up the ladder – NTI, SWF, FFG

Moving up the ladder - NTI, SWF, FFG

Neurotech International Limited

Neurotech International Limited (ASX: NTI), based in Nedlands, Australia, is engaged in the research, development, and manufacturing of medical devices in Australia. The company’s current market valuation stands at AUD 3.12 million with ~ 135.74 million outstanding shares.  On April 23rd, 2019, the NTI stock soared 47.83% by AUD 0.011 to AUD 0.034 with ~ 28.75 million outstanding shares. NTI’s five-day return yield stands at 228.57% to date.

On April 16th, 2019, Neurotech International announced several new appointments in line with the its revised commercial strategy to ensure the best path that would maximise shareholder value. These include Mr Mark Davies as Independent Non-Executive Chairman, Mr Winton Willesee as Independent Non-Executive Director and Ms Erlyn Dale as Company Secretary. Subsequently, Mr Winton Willesee purchased around 337,906 fully paid ordinary shares of the company.

Neurotech International recorded a stellar 548.87% increase in the revenue from AUD 28,334 to AUD 183,852 for the half-year ended December 31st, 2018. The cash and cash equivalents at the end of the period stood at AUD 446,112.

Selfwealth Limited

SelfWealth Limited (ASX: SWF), based in Surrey Hills, Australia, is a social investment network that allows users to compare and construct portfolios with others on the platform. Besides, it also offers online investor community portal services. On April 23rd, 2019, the SWF stock price surged by 10% to AUD 0.110 with ~ 457,555 shares traded. SWF’s YTD return also stands positive at 44.93% to date.

Recently, on April 17th, 2019, SelfWealth announced the appointment of Mr Robert Edgley to serve as the Director of the Company effective immediately. Consequently, the newly appointed Director acquired 700,000 fully paid ordinary shares in the company.  In March 2019, SelfWealth also closed out a capital raise of $ 1.235 million that involved the 17,642,858 new ordinary shares being at $ 0.070 per share. The company also recorded a major rise of 175.6% in the revenue from ordinary activities to $ 1,431,988 and a 9% reduction in net loss after tax to $ 2,238,960 for the half-year ended December 31st, 2018.

Fatfish Blockchain Limited

Fatfish Blockchain Limited (ASX: FFG), based out of Melbourne, is a publicly traded international venture investment and development firm that partners with entrepreneurs and experienced executives to build and grow tech businesses via a co-entrepreneurship model. FFG is primarily focused on emerging global technology trends and has been investing strategically across sectors including blockchain, fintech and consumer internet technologies.

On April 23rd, 2019, the FFG stock price surged by 8.33% to AUD 0.013 with ~ 668,725 outstanding shares.

Recently, Arena Investors increased its shareholding in the company to 15.40% from 11.07% and currently holds around 95,570,047 ordinary shares. According to Fatfish Blockchain’s Financial Report for the year ended December 31st, 2018, the revenue from ordinary activities amounted to $ 3,837,100 up on $ 1,386,554 in the prior corresponding period ended December 31st, 2017. The company had net assets to the value of $ 31,137,931 including net cash and cash equivalents of $ 336,838 at the end of the period.


Disclaimer

This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.

Top 25 Dividend Stocks report for April

People prefer a dividend stock in their portfolio as it possesses the feature of compounding. Compounding means that the earning which is generated through these dividend stock will get reinvested and will eventually create earnings from earning. More precisely, the dividend generated from these dividend stock will get reinvested to buy another set of a share of the dividend stock which results in giving a higher dividend.

Click here to download your top 25 dividend stocks report!

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report

LEAVE A REPLY

Please enter your comment!
Please enter your name here