180 Markets Movers & Shakers

Greg Lowe

180 Markets


Alpha HPA Limited (ASX: A4N) announced a placement to raise $45 million at an offer price of $0.55 per share. This is an 11.3% discount to the last closing price and a 13.3% discount to the 5-day VWAP. Bell Potter and Euroz Hartleys are lead manager on the placement. Proceeds will be used to fund the construction of a Precursor Production Facility (PPF) in the Gladstone State Development Area (GSDA) and to place orders for the long lead items for the full-scale commercial HPA facility. Placement shares are set to be allotted on Wednesday the 9th of June.

Wisr Limited (ASX: WZR) is raising up to $55 million of capital, comprising of a $50 million placement and a non-underwritten share purchase plan for eligible shareholders to raise up to $5 million. Placement shares will be issued at $0.25 per new share, which represents a 21.9% discount to the last closing price and a 20.7% discount to the 5-day VWAP. Funds will be used to accelerate the pace of its loan book with a medium-term target of $1B on their loan book. In a separate announcement released this morning, Wisr Limited (ASX: WZR) reported loan growth for April and May to be $77.1 million up on the same period last year, representing a 234% growth. 


***The above is stocks we have noticed to be rising based on price and volume***

Metalstech Limited (ASX: MTC) is up 34.21% after striking record intercepts at its Sturec Gold Mine. MetalsTech chairman Russell Moran commented, ‘’Our first diamond drilling campaign at Sturec has been nothing short of outstanding. We have hit visible gold in 9 out of 16 holes with bonanza hits in 11 out of 16 holes.'' After signing an $18 million deal with Lithium Royalty Corp, the company is hoping to be more aggressive with their resource expansion drilling campaign, which is expected to restart later this month.

Nine Entertainment Co. Holdings Limited (ASX: NEC) is up 0.67% after announcing that it has signed agreements with Facebook and Google, following the Commonwealth Government’s enacting of the news Media Bargaining Code. The deal with Facebook is for 3 years, which includes the supply of news video clips and access to digital news articles on Facebook news products. The agreement with Google is for 5 years, which comprises of the supply of news content, excluding video, for Google’s News Showcase and other news products. As a result of the agreement, Nine Entertainment Co. Holdings Limited (ASX: NEC) expects growth in the publishing division EBITDA in FY22 compared to FY21 to be between $30m to $40m.

Vonex Limited (ASX: VN8) is up 20.83% after announcing its successful integration of its last acquisition, which to date has achieved 45,000 active PBX users and grown the number of SME customers by 27% in the last year. The company plans to expand its organic growth further through selective acquisition. Vonex Limited (ASX: VN8) stated in its announcement this morning that it has a strong pipeline of acquisitions in negotiation and in its due diligence stage. The company received a mention in an article sent out by Next Investors this morning, which has a substantial following.

Prominence Energy NL (ASX: PRM) last traded at 6.25%. After trading at $0.011 prior to its halt last Thursday for a capital raise. The company raised $3.2 million with funds to be used to facilitate the Bowsprit drilling program and investment in Patriot Hydrogen, which is expected to complement the company’s oil and gas activities. The market has clearly responded favourably to the Patriot Hydrogen Investment, where a binding term sheet has been signed by Prominence Energy NL (ASX: PRM) to acquire 20% of Patriot Hydrogen Pty Ltd. Patriot intends to construct a Biomass to Hydrogen plant at Port Anthony in Victoria. The company anticipates that within 12 months, the plant to be ready to produce 2 tonnes of hydrogen per day.

Infomedia Limited (ASX: IFM) is up 12.18% after it announced this morning that it has completed the acquisition of US-based e-commerce platform SimplePart. Infomedia’s CEO, Mr Jonathan Rubinsztein commented, ‘’We are delighted to officially welcome SimplePart into the Infomedia family. Our respective teams have started to engage and identify opportunities to leverage existing relationships in the Americas and elsewhere’’. The acquisition is strategic and seeks to extend Infomedia’s core global offering and provides its customers an expanded range of offerings.


***The above is stocks we have noticed to be falling based on price and volume***

BetMakers Technology Group Ltd (ASX: BET) share price is down to 9.01%. The company’s share price reached record highs of $1.65 just last Thursday. However, last Friday the BetMakers (ASX: BET) announced a $4 billion offer to acquire Tabcorp Holdings Limited (ASX: TAH) Wagering and Media business, which involved $3 billion in BetMakers shares. With the share price falling over 30% from record highs, shareholders clearly have dilutionary concerns with the proposed offer. 

Antisense Therapeutics Limited (ASX: ANP) is down 9.76% after meeting with the US Food and Drug Administration. The feedback confirmed that the findings at 25mg/week in ANP’s Phase II open-label study conducted in Melbourne are adequate to support larger studies. We see the selling this morning as an example of ‘’buy the rumour sell the news’’. 

Important Notice This report has been prepared and issued (in Australia) by 180 Markets Pty Ltd ACN 638 381 129 is an authorised representative (AR No. 001280199 of Pursuit Capital Pty Ltd ACN 136 717 283 (AFSL. 339211). The report remains the property of 180 Markets Pty Ltd. No material contained in this report may be reproduced or distributed, except as allowed by the Copyright Act, without the prior written approval of 180 Markets Pty Ltd. This report is subject to the disclosures and restrictions set out below. No Advice Notice The content of this report is not a recommendation to any particular individual and has been prepared without taking account of the objectives, needs, financial and taxation situation of any particular individual. The content of this report should never in any way be considered financial advice of either a general or specific nature. For this reason, you should, before acting on the content, consider the appropriateness of it having regard to your objectives, needs, financial and taxation situation and if necessary, seek appropriate independent financial and taxation advice. If the content relates to a particular financial product, you should obtain a Product Disclosure Statement (PDS) or prospectus relating to the product and consider it before making any decision about the product. 180 Markets Pty Ltd does not guarantee the performance of any particular stock mentioned in this report. The One Eighty Report is supposed to be of an informative nature. The One Eighty Report endeavours to highlight stocks which have been trading on high volumes, stocks which have risen or fallen significantly as well as other related market activity which 180 Markets Pty Ltd and its associates believe may be of interest to the readers of this report. Past performance is not a reliable indicator of future performance. 180 Markets Pty Ltd, and its related bodies corporate, do not accept any liability for any loss or damage arising out of the use of all or any part of this report and do not warrant that any projections or forecasts, which are subject to assumptions and uncertainties, will be met. General Disclosure & Conflict of Interest 180 Markets Pty Ltd and its associates (as defined in Chapter 1 of the Corporations Act 2001), officers, directors, employees and agents, from time to time, may own or have positions in securities of the company(ies) in this report and may trade in the securities mentioned either as principal or agent or may be materially interested in such securities. This may include providing equity capital market services to company(ies) in this report, holding a position in the securities or acting as principal or agent. 180 Markets Pty Ltd and its associates therefore may benefit from any increase in the price of those securities. The Author of this Report, 180 Markets Pty Ltd declares that it may receive compensation from companies mentioned in this report and 180 Markets Pty Ltd does and seeks to do business with companies mentioned in the report. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Electronic Communication Disclaimer The information contained in this email is confidential and is intended solely for the addressee. If you are not the named addressee, you must not disclose or use in any way the information in the email. If you have received this email by mistake, please notify the sender immediately by reply e-mail and delete this email and destroy any printed copy. 180 Markets Pty Ltd ACN 638 381 129 is an authorised representative (AR No. 001280199 of Pursuit Capital Pty Ltd ACN 136 717 283 (AFSL. 339211) believes that the information contained in this message and its attachments have been obtained from reliable sources (asx.com.au) and that any estimates, opinions, conclusions or recommendations are reasonably held at the time of compilation. No warranty is made as to the accuracy of the information in this message and, to the maximum extent permitted by law, 180 Markets Pty Ltd disclaims all liability for any loss or damage which may be suffered by any recipient through relying on anything contained or omitted from this.

Greg Lowe
Greg Lowe
CEO and Co-Founder
180 Markets

Greg is Co-founder of 180 Markets which gives access to Australia's hottest IPOs and Placements. Previously Greg has spent over 20 years as a professional hedge fund investor, including with P Schoenfeld Asset Management and Credit Suisse, in...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.