As part of the planned shutdown of Holden by owner General Motors, lending company Money3 (ASX: MNY) has acquired a $23 million loan book from the automaker on Holden purchases over the last two years at just a fraction of the book’s value. The tack-on acquisition which will have minimal labour expense will shift the
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Global bicycle retail platform, BikeExchange Limited (Proposed ASX: BEX), are set to debut on the exchange on February 9 at an offer price of $0.26 per share. The small cap is looking to raise $20M, which would give the company a prospective market cap of $76M. The offer formally closes on January 25. RPro Holdings
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Investors around the world are throwing themselves at a small Brooklyn-based IPO following news of a monster trade that rocked the world and has sent 8-time NBA All Star, James Harden to the Brooklyn Nets. With the arrival of Harden to the area, Brooklyn FishNets has been inundated with interest in their Initial Public Offering.
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Construction robotics company FBR (ASX: FBR) is set to expand the building capabilities of their Hadrian X bricklaying robot through a trial with global bricks manufacturer Xella with the aim of creating more building opportunities by adapting to different types of blocks. Headquartered in Germany but as one of the world’s largest manufacturer of building
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Australia continues to emerge as a listing destination for tech companies which in recent years has been highlighted by the emergence of companies like Afterpay, Xero, Atlassian and Appen on the global stage. While less than 1% of ASX small cap tech stocks have any chance of getting into the same conversation as those, here
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First off, a Mini Warrant is a derivative. Which is a financial product that derives its value from something else. So, derivatives on a stock like CBA go up and down in value depending on what CBA’s share price does. There are many different types of derivatives that have different levels of leverage and functionality. Some of
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