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News
IPO Gamble in a Confidential Way: Uptick in floats and Palantir is under the spotlight
July 08, 2020 10:38 PM AEST| By Team Kalkine MediaSummary Amid pandemic, the IPO market grounded to a near halt from a past couple of months; we are beginning to witness some movement again, and Palantir new business move might usher in more activity. Palantir Technologies has confidentially f.....
Global Equity Markets: High-Level Punting by Retail Investors, Watch Out the Trends
July 08, 2020 10:30 PM AEST| By Hina ChowdharyWhile COVID-19 driven volatility continues to persist in the global equity markets, a surge in retail investor participation has been observed in stock markets lately. Investors seem to be piling into beaten-down stocks of fundamentally sound compa.....
Two Cannabis Stocks on an Upswing Following Major Announcements: Althea, MGC Pharmaceuticals
July 08, 2020 10:15 PM AEST| By Kunal SawhneyThe Australian medical cannabis sector has witnessed significant traction amid the COVID-19 pandemic. Notably, in April 2020, the MCIA (Medicinal Cannabis Industry Australia) had confirmed that the medicinal cannabis qualifies as an essential servi.....
Market Update: Understanding the Performance of Markets on 8th July 2020
July 08, 2020 10:01 PM AEST| By Team Kalkine MediaAt the close of the trading session on 8th July 2020, Australian equity market settled in red. The benchmark index S&P/ASX200 stood at 5920.3 with a fall of 92.6 points or 1.54%. S&P/ASX 200 Consumer Discretionary (Sector) went down by 2.42%...
Capital Raising and Share Purchase Plan: Is Bigger, the better?
July 08, 2020 06:23 PM AEST| By Team Kalkine MediaCapital raising generally suggests that a company is offering more shares to its existing as well as new investors and this often takes in the form of a share purchase plan (SPP), pro-rata entitlement offer, institutional offer, priv.....
Share Price Knockdown Game of Last 5 Days: Trends for CBA, NAB, ANZ, WBC, APT, AWC, SXL
July 08, 2020 06:15 PM AEST| By Team Kalkine MediaMajor banks embrace further loan holidays Australian Banking Association (ABA) has come up with more news on loan deferral scheme launched by the banking industry in the wake of COVID 19 crisis. A large number of retail and business customers, who.....
Invictus Energy in Action: Completes Placement, Welcomes Incoming Director at Zimbabwe Subsidiary
July 08, 2020 06:03 PM AEST| By Team Kalkine MediaCurrently developing the world class Cabora Bassa project in Zimbabwe, independent oil and gas explorer Invictus Energy Limited (ASX:IVZ) is focused on high impact energy resources in sub-Saharan Africa. The Company has been making significant prog.....
Renascor Resources on Right Path to Become the World’s First PSG Producer Outside China
July 08, 2020 05:57 PM AEST| By Team Kalkine MediaSummary Renascor’s Siviour Graphite Project hosts one of the world’s most substantial graphite resources, with competitive industry costs confirmed by a recent DFS Renascor is planning for an integrated battery anode material manufa.....
Elevated Gold Spot Prices Transcending into Strong Financial Position for Saracen and Northern Star
July 08, 2020 05:11 PM AEST| By Team Kalkine MediaSummary Gold prices are under a new rally with spot prices again reaching a new multi-year high of USD 1,797.59 per ounce. In the wake of a strong rally in gold prices, ASX-listed gold mining companies such as Saracen Mineral Holdings Limited (.....
Dark Horse Advances on Acquisition of Gold and Tungsten Projects in Tier 1 Mining Jurisdictions
July 08, 2020 04:20 PM AEST| By Team Kalkine MediaSummary Dark Horse established two 100% owned subsidiaries to hold the Finland gold and Sweden tungsten permits Permit Purchase Agreement between Dark Horse and Sotkamo Silver for Tampere Gold Project in Finland and Bergslagen Tungsten Project .....
Eclipse Gearing Towards Drilling at Devil’s Elbow U-Au-Pd Prospect in ARUP, Know Key Details!
July 08, 2020 04:04 PM AEST| By Team Kalkine MediaEclipse Metals Limited (ASX:EPM) is an Australia-based exploration company, focusing on multi-commodity mineralisation across the tier 1 mining jurisdictions of Queensland and the Northern Territory. Besides its flagship Devil’s Elbow U-Au-Pd.....
E-commerce Titan Amazon shares traded above $3,000; would the rally continue in post-pandemic phase?
July 08, 2020 03:00 PM AEST| By Team Kalkine MediaSummary Nasdaq Composite index closed at a record high of 10,443.65 points, up by 2.21%, on 6 July 2020, driven primarily by tech giants gains. 6 July 2020 was an epic day for Amazon as the shares of e-commerce giant soared 5.77% and closed the.....
Get Acquainted with Imugene’s Deep Product Pipeline
July 08, 2020 12:57 PM AEST| By Team Kalkine MediaSummary Backed by an international leadership team with extensive commercialisation expertise in the sector, Imugene has developed a robust product portfolio, comprising four potential drugs. In 2020, Imugene intends to progress with Phase 1 tr.....
Market Update: How Markets Performed on 7th July 2020?
July 07, 2020 11:17 PM AEST| By Team Kalkine MediaAt the close of the trading session on 7th July 2020, equity market of Australia ended in red. The benchmark index S&P/ASX200 stood at 6012.9 with a drop of 1.7 points. Most of the sectors on ASX ended in red such as S&P/ASX 200 Energ...
Free Childcare Aid Hits Dead End; Seven- Point Plan for Parents To Ride Out the Storm
July 07, 2020 09:41 PM AEST| By Team Kalkine MediaWhile parents are on their toes to ensure continuity of their kids’ schooling and learning amidst mounting financial crunch, scrapping of free childcare relief has brought forth another set of concerns. Education Minister Dan Tehan announced.....
BNPL Buzzing- Sezzle Reports Record 2Q20, Afterpay Reveals Expansion Roadmap & Capital Raising
July 07, 2020 09:00 PM AEST| By Team Kalkine MediaSummary BNPL delivers a more intuitive level of convenience and access for consumers than traditional credit cards. Not only is it proving to be a COVID-19 savior, millennials & Gen Z are more used to making snap purchases and then decide la.....
Good Note From COVID-19: Prospering Companies Amid Pandemic
July 07, 2020 05:42 PM AEST| By Team Kalkine MediaSummary Amid COVID 19, companies must incorporate pandemic planning considerations into resilience management activities to provide comprehensive response & continuity for their most critical products and services In a dismal year for most .....
Space RF Reconnaissance DaaS Provider, Kleos Space is in Trading Halt, Know Why!
July 07, 2020 05:07 PM AEST| By Team Kalkine MediaIn contemporary world, data is woven into every industry and function of an economy, thus, making data an extremely important factor for the functioning of multiple organisations. Just like human capital and tangible assets are one of the crucial .....
Chinese Stocks on Fire, Déjà vu or This time is different?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary CSI 300 Index representing overall performance of China A-share market gained 14% in the five days to trade at a five-year high, fuelled by state media signalling towards a boost required in the equity market fostering economic growth R.....
Has the Sports industry dodged the COVID-19 Ball?
July 07, 2020 12:00 PM AEST| By Team Kalkine MediaSummary The Covid-19 related restrictions have impacted all kinds of sports, and major events such as Olympics and Paralympics have been postponed Australia's National Cabinet has released National Principles for the Resumption of Sport and Rec.....
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