PEAK ASSET: MORNING WRAP 7 JUNE:  ASX to rise | US jobs report boosts Wall Street bulls | Infinite Blue Energy in driving seat as report finds green hydrogen to be commercially viable by 2030 |

PEAK ASSET: MORNING WRAP 7 JUNE: ASX to rise | US jobs report boosts Wall Street bulls | Infinite Blue Energy in driving seat as report finds green hydrogen to be commercially viable by 2030 |

Rise and Shine!!!

It’s Monday!

Another weekend of wholesome walks and runs with friends!

Let’s hope this Melbourne lockdown doesn’t last too much longer.

In other news…

We are shaping up for another big week at PEAKHQ as we are working hard in the background to bring you your next deal!

Across markets…

Australian shares are poised to reset their record high at the open, albeit modestly so, after Wall Street opted to interpret the May US jobs data miss as a sign there’s no imminent need to lift interest rates.

ASX futures were up 7 points or 0.1 per cent to 7300. The currency surged 1.1 per cent, recouping most of it loss from the previous session. The yield on the US 10-year note plunged 7 basis points to 1.55 per cent.

The S&P/ASX 200 Index climbed 35.3 points, or 0.5 per cent on Friday to hit a new record high of 7295.4.

Shares on Wall Street rallied with the Nasdaq’s 1.5 per cent advance pacing gains. The S&P 500 rose 0.9 per cent, coming within 5 points off resetting its record high before easing. The Dow was up 0.5 per cent.

Techs rebounded on Friday in New York in the wake of the jobs report miss and as US Treasury yields fell.

Source: AFR

Want to join the Peak Community and get access to our “hand-picked” corporate deals?

Infinite Blue Energy is in the driving seat as green hydrogen is set to become commercially viable within 10 years, pushing oil and gas majors to shift their business model.

A new study commissioned by the Clean Energy Finance Corporation (CEFC) has concluded that green hydrogen is commercially viable by 2030.

The study was conducted across 25 Australian industry sectors, and focused on the competitiveness of green hydrogen compared with incumbent energy technologies.

It found that green hydrogen is already approaching cost competitiveness for the heavy vehicle industry in regard to trucking and buses.

While hydrogen was closest to achieving commercial parity as an alternative to petroleum products, displacing natural gas entirely is the key to reach scale at pace.

An Australian company that is standing at the forefront of this coming revolution is WA-based Infinite Blue Energy (IBE).

Click here for full article

Stockhead

Company: Digital Wine Ventures (ASX:DW8)
Sector: Consumer Discretionary
Deal Type: Placement
Raise Amount: $2.2m
Latest Entry Price: $0.006 with a 1:4 DW8O
Today’s Price Change: $0.094 -3.09%
Company: iCandy (ASX:ICI)
Sector: Gaming & Digital Advertising
Deal Type: Placement
Raise Amount: $1.25m
Latest Entry Price: $0.02 with a 1:1 ICIOB
Today’s Price Change: $0.072 +1.41%

Company: Fatfish Group (ASX:FFG)
Sector: Fintech
Deal Type: Placement
Raise Amount: $1.5m
Latest Entry Price: $0.015 with a 1:2 option
Today’s Price Change: $0.076 +4.11%

Company: Paradigm Biopharma (ASX:PAR)
Sector: Biopharma
Deal Type: IPO Cornerstone
Raise Amount: $1m+
Latest Entry Price: $0.35
Today’s Price Change: $2.20 +4.27%

Company: Beam Communications (ASX:BCC)
Sector: Satellite Communication
Deal Type: Placement
Raise Amount: $5m
Latest Entry Price: $0.25 with a 1:3 Option
Today’s Price Change: $0.25 +2.04%
Company: Roto Gro (ASX:RGI)
Sector: Vertical Farming
Deal Type: Placement
Raise Amount: $1.53m
Latest Entry Price: $0.05 with a 2:3 Option
Today’s Price Change: $0.043 +4.88%
Company: Candy Club (ASX:CLB)
Sector: Consumer Discretionary
Deal Type: Seed, Bridging and IPO
Raise Amount: $10m
Latest Entry Price: $0.08 with a 1:1 CLBO
Today’s Price Change: $0.13 Unchanged
Company: Sweet Earth Holdings (CSE:SE)
Sector: Hemp & CBD
Deal Type: Pre IPO
Raise Amount: $2.5m
Latest Entry Price: $0.20
Today’s Price Change: CAD $0.22 +2.33%
Company: LOBE Sciences (CSE:LOBE)
Sector: Psychedelic assisted Therapy
Deal Type: Pre IPO
Raise Amount: $1.5m
Latest Entry Price: $0.08 with a 1:2 Option
Today’s Price Change: CAD $0.13 +4.00%
Company: MRG Metals (ASX:MRQ)
Sector: mining
Deal Type: Placements & Rights Offer
Raise Amount: $1.5m
Latest Entry Price: $0.013 with a 1:1 MRQOC
Today’s Price Change: $0.0080 + 14.29%
Company: Avecho Biotechnology (ASX:AVE)
Sector: CBDDeal Type: Placement
Raise Amount: $5M
Latest Entry Price: $0.022 with a 1:2 AVEO
Today’s Price Change: $0.017 -5.56%
Company: Cfoam Ltd (ASX:CFO)
Sector: Industrials
Deal Type: Placement
Raise Amount: $750k
Latest Entry Price: $0.015
Today’s Price Change: $0.018 Unchanged
Company: Sabre Resources Ltd (ASX:SBR)
Sector: Mining (Gold)
Deal Type: Placement
Raise Amount: $982k
Latest Entry Price: $0.0115 with a 1:1 SBRO
Today’s Price Change: $0.0050 Unchanged
Company: Golden Deeps (ASX:GED)
Sector: Mining (Gold/Silver)
Deal Type: Placement
Raise Amount: $2.3m
Latest Entry Price: $0.014 with a 1:1 GEDO
Today’s Price Change: $0.013 +8.33%
If you would like more information on future Peak deals, please don’t hesitate to get in touch.

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‘From champagne to table water’: hydrogen sector aims for drastic price cuts by 2050 – EURACTIV.com

‘From champagne to table water’: hydrogen sector aims for drastic price cuts by 2050 – EURACTIV.com

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