Blog

Manuka Resources Ltd (ASX: MKR), which we helped IPO at 20c and is now 35c - up 75% since the IPO 2 weeks ago.

Topics: microcap, Gold, Recommendations, Mining

We're pleased to announce that a Gleneagle "House" stock, Manuka Resources Ltd (ASX: MKR) commenced trading on the ASX at 10.30 am this morning. It's current price is 26c (v IPO price of 20c). Gleneagle funded the pre-IPO and a significant part of the $7m IPO.

Topics: microcap, Gold, Recommendations, Mining

We're pleased to advise that leading SMB SaaS platform, AppsVillage (ASX: APV), announced on 18 June 2020 the launch of its new software platform, named JARVIS, built to serve as a virtual marketing manager for SMBs to build intelligent online advertising campaigns. The artificial intelligence algorithm draws on the SMB’s Facebook pages data to learn about the product or service and construct a Facebook promotion campaign that will yield the best customer reach, call to action and user conversion results for millions of SMBs at once.

Topics: Technology, Israel, microcap, Announcement

We're pleased to share AppsVillage Australia Ltd (ASX: APV) APV's announcement today regarding exceeding their revenue guidance for Q1 2020 despite the impacts of COVID-19 and to invite you to watch their inaugural webinar starting in just over an hour.

Topics: Technology, Israel, microcap, Boardroom Presentation, Announcement

We're pleased to forward Elsight Ltd's (ASX: ELS) announcement yesterday that Halo is finally ready for commercial deployment, with 90 units en route to a select group of strategic customers.

Topics: Technology, Israel, Announcement, Elsight

We're pleased to share with you this morning's announcement that Elsight has received its first order for Halo. Halo will be released to several large qualified organisations in December 2019. But Elsight is excited to have received this order from Airobotics. Airobotics is the world's leading unmanned drone operator and this order is great validation and an excellent precursor to Halo's imminent launch.

Topics: Technology, Israel, microcap, Announcement, Elsight

We’re pleased to report that today Elsight Limited (ASX: “ELS”) announced that key shareholders have entered into a voluntary escrow agreement for 44m unrestricted ELS shares, being 46% of Elsight's issued capital. As per the price chart below, the announcement in May of 50% of the market cap being released from escrow caused a fall from 70c to 35c! Today’s announcement saw a 10% rise to 40c.

Topics: Technology, Israel, Announcement, Elsight

We are pleased to start providing regular updates on the first series of fracks by Helios Energy Ltd (HE8). Gleneagle is proud to be the adviser for HE8, having been associated since it's RTO at 2c 2 years ago. Up over 800% since then and more joy ahead upon a successful frack. Below is the update from the past two announcements today and Monday:

Topics: microcap, Mining, Announcement, HE8

With the All Ords down 2.9% today, MGM Wireless Limited (ASX:MWR) is up 3.4% to $3.61 thanks to today's announcement about their agreement with Sky, Europe’s leading media, entertainment and communications company, which will sell the SPACETALK children’s smartwatch mobile phone in the UK. 

Sales of the SPACETALK smartwatch will commence today at 9:00am London UK time, August 6 2019 through

 Sky Mobile. Sky will sell SPACETALK on a £10 per month plan for 36 months, which includes the SPACETALK watch, mobile services and accompanying AllMyTribe App. The Company will receive full wholesale
payment and will recognise full revenue when the device is sold to Sky.

This launch with Sky in the UK represents another major milestone for the Company and represents the second major mobile network operator to stock SPACETALK.

There will be an investor call tomorrow, Wednesday 7 August, 11.00am AEST.
The call number for investors is +61 2 8047 9393 and the pin code is 81237438#.

Click here for the full announcement.

Topics: Technology, microcap, Announcement

We're pleased to advise that on 9 July THC Global Group Limited (ASX: THC) (THC Global) announced that it has received a Manufacture Licence for cannabis at its Southport Manufacturing Facility, the largest bio-pharma extraction facility in the Southern Hemisphere. THC has increased from 44c before the announcement to 55c (25% increase). Gleneagle was the Joint Lead Manager of the IPO at 20c 2 years ago. The stock hit $1 within 7 months of the IPO but fell in line with the cannabis correction in early 2018. Regarding the licence, Chief Executive Officer, Ken Charteris commented: “The Manufacture Licence we have now received is the most significant Manufacture Licence granted in Australia to date, as THC Global has the largest bio-pharma extraction facility in the Southern Hemisphere. "We are ready to commence GMP API production of medicinal cannabis at globally significant volumes and at very competitive prices. We expect to be supplying Australian patients with Australian produced medicinal cannabis by early 2020, as well as responding to the rapidly expanding global demand for pharma-grade GMP API isolates and formulated medicines”. Highlights:

Topics: microcap, Announcement