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The ASX boards are welcoming a new entrant today. Li-S Energy Limited (ASX: LIS) has just completed its initial public offering (IPO) this morning. And boy, what an ASX debut it has been so far. At the time of writing, the Li-S Energy share price has exploded by an incredible 210% from its IPO price of 85 cents. It’s current share price is sitting at $2.62.

This company is being spun-out of PPK Group Limited (ASX: PPK) after weeks of rescheduling. It brings with it a prospect of a new, cheaper, safer and more efficient battery technology called Lithium-Sulphur (Li-S). Lithium-sulphur batteries are a candidate to replace the current dominant lithium-ion battery technology.

According to Li-S Energy, Li-S batteries offer the potential of a far more advanced battery. This is reportedly due to the following:

The theoretical energy density of a lithium-sulphur battery is in the order of five times that of a standard lithium-ion battery… They are also lighter, safer, faster charging, and using more environmentally friendly raw materials.

However, Li-S Energy also notes that this technology has the following drawbacks:

Lithium-sulphur batteries have yet to be mass produced. Historically, the challenge in developing lithium-sulphur batteries has been effectively optimising and stabilising the battery components during charge and discharge cycling.

Lithium-sulphur batteries tended to fail after a low number of recharge cycles, making them of little use for most applications.

Li-S Energy is obviously vying to overcome these barriers and commercialise this exciting technology.

How did the ASX Li-S Energy IPO work?

So according to the company’s ASX release from 24 September, Li-S Energy has raised $34 million through the issuance of 40 million shares. That was at today’s issue price of 85 cents each.

Just a touch over 150 million shares have hit the ASX boards today. But another ~500 million shares will be placed in escrow. These will be restricted from trading until either April 2022 or September 2023.

It will be interesting to see what the Li-S Energy share price does over the next few days after this explosive ASX debut today.

The post Li-S Energy (ASX:LIS) share price explodes 200% higher after ASX IPO appeared first on The Motley Fool Australia.

More reading

• Why the Peninsula Energy (ASX:PEN) share price tumbled 25% from multi-year highs
• 92 Energy (ASX:92E) share price dips on capital raising update
• Up another 5%, the Lake Resources (ASX:LKE) share price is booming. Here’s why
• Here’s why the Air New Zealand (ASX:AIZ) share price is up 10% in September
• Tuas (ASX:TUA) share price rockets 30% after TPG spinoff reports strong subs growth in FY21

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Peninsula Energy Ltd (ASX: PEN) share price might have hit a near-term top after rallying to a 3-year high of 35 cents on 17 September.

Shares in the uranium explorer have since tumbled 25% to 25 cents.

Why the Peninsula Energy share price is sliding

Uranium prices ease from 9-year highs

Uranium prices skyrocketed in a short period of time, rallying from around US$30/lb in mid-August to above US$50/lb by late September.

During this time, the Peninsula Energy share price surged 180% from 12 cents to 35 cents.

Back in late May, the company initiated a $15 million capital raising to settle its purchase of 300,000 pounds of uranium at a price of US$31.35/lb.

The company believed that acquiring uranium inventory “during a period when there is a focused and continued drive by the United States Government to support and revitalise the domestic uranium industry, is a low-risk strategy that has the potential to deliver considerable upside value for shareholders.”

The recent jump in uranium prices to US$50/lb meant that Peninsula Energy would’ve been sitting on a hefty US$5.5 million profit from its physical uranium acquisition.

The jump in uranium prices has been driven by a Canadian investment fund, Sprott Asset Management and its Physical Uranium Trust.

The uranium fund has an aggressive strategy to purchase physical uranium off the spot market and store it in secured locations.

The fund was regularly purchasing physical uranium up until 17 September, broadly in-line with when uranium prices plateaued.

Uranium prices have since struggled to hold above US$50/lb, sliding to US$44.3/lb according to Trading Economics.

Broader selloff among ASX-listed uranium players

The Peninsula Energy share price isn’t alone in its recent selloff.

The pullback for uranium prices has triggered broad-based selling across all ASX-listed uranium players.

The largest of them all, Paladin Energy Ltd (ASX: PDN) has tumbled 11% in the past week and down 26% from its recent high of $1.12.

Prospective explorers such as Deep Yellow Limited (ASX: DYL) and Boss Energy Ltd (ASX: BOE) have also experienced similar falls.

The post Why the Peninsula Energy (ASX:PEN) share price tumbled 25% from multi-year highs appeared first on The Motley Fool Australia.

More reading

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• Is there a uranium ETF listed on the ASX?

Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The 92 Energy Ltd (ASX: 92E) share price has come out of a trading halt today to backtrack during mid-morning. This comes after the uranium exploration company provided an update on its recent equity raise.

At the time of writing, 92 Energy shares are swapping hands for 75 cents, down 1.96%

92 Energy completes placement

One catalyst for today’s fall in the 92 Energy share price could be investor concerns over an impending share dilution.

According to its update, 92 Energy announced it has received firm commitments for its institutional placement to raise $7.15 million before costs. The company highlighted that it had strong support from several high-quality domestic and offshore institutional investors.

The offer will see approximately 9.93 million new ordinary shares issued at a price of 72 cents apiece. This represents a 5.9% discount to the last closing price of 76.5 cents on 23 September (before the trading halt).

92 Energy will use its existing placement capacity to create the new shares. Under listing rule 7.1, this allows up to an additional 15% of its total shares to be issued without shareholder approval.

The company will use the proceeds from the capital raise to progress its exploration activity at the Gemini Project. In particular, the funds will be allocated to the following:

• Major drill program at the Gemini Project to follow up the recent uranium discovery at the Gemini Mineralisation Zone (GMZ) in the Athabasca Basin
• Undertake exploration activities at the 92 Energy’s other projects in the Athabasca Basin region
• General working capital.

Settlement of the new shares is expected to occur next Tuesday 5 October.

92 Energy managing director Siobhan Lancaster commented:

This Placement represents a significant milestone for the Company and provides important external validation for the recent discovery of uranium mineralisation at the Company’s 100%-owned Gemini Project in the Athabasca Basin.

We look forward to the upcoming drilling program at Gemini which will assist us to determine the extent of the uranium mineralisation at the Gemini Mineralised Zone.

About the 92 Energy share price

Despite today’s falls, 92 Energy shares have gained around 160% in the past 12 months. However, the company’s share price is around 25% off its all-time high of $1.15 reached in mid-September.

Based on valuation grounds, 92 Energy presides a market capitalisation of around $29.5 million, with almost 40 million shares outstanding.

The post 92 Energy (ASX:92E) share price dips on capital raising update appeared first on The Motley Fool Australia.

More reading

• A sea of red for ASX uranium shares. Is the run over?
• Why the 92 Energy (ASX:92E) share price is frozen today
• 92 Energy (ASX:92E) share price rockets 43% on uranium discovery
• Why ASX uranium shares are diving double-digits on Monday
• ASX uranium shares boom to multi-year highs, bull market is just getting started: analyst

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Lake Resources NL (ASX: LKE) share price is eyeing new record highs after the company announced potential funding support from Canada’s export credit agency.

The company’s share price shot 5% higher to 63 cents in early trading before settling at 60 cents at the time of writing.

Lake Resources is an emerging lithium player that operates the Kachi Project, located in Argentina’s Catamarca province. Using direct extraction technology, Lake Resources plans to produce a sustainable, high purity lithium carbonate product from Kachi.

Lake Resources share price higher as project funding gathers momentum

Lake Resources is rapidly honing in on the completion of exploration and project development activities.

A major hurdle for Lake Resources, and any emerging producer for that matter, is to work out how it’s going to finance the project’s future construction and development.

Last week, Lake Resources announced a funding partnership with its technology partner Lilac Solutions.

Under the terms of the agreement, Lilac will contribute technology, engineering teams and an on-site demonstration plant, in addition to approximately $50 million of future development costs.

The Lake Resources share price surged 18.45% to 61 cents on the day of the announcement.

Financial support for the Kachi Project continues to attract investors. This time, the company received a formal letter of interest from Canada’s Export Credit Agency (EDC) to potentially work alongside UK Export Finance (UKEF).

According to the company’s announcement, EDC would potentially provide direct lending OECD commercial interest references rates of up to US$100 million. The current interest rate for OECD loans sits at 1.77% fixed, significantly less than traditional debt financing and won’t dilute shareholders’ equity.

The announcement explains that ECA’s backing provides significantly lower cost capital and reflects additional confidence around shared financing for its prospective lithium project.

What did management say?

Lake Resources’ managing director Steve Promnitz was pleased with potential further backing for the company’s clean lithium project.

Having Canada’s direct sovereign lending alongside the UK’s sovereign support considerably de-risks the project for the investors and the international banks who continue to express strong interest to be part of Kachi’s development.

Admittedly Lake has significant work to convert these EOI’s into committed funding arrangements. However, these EOI’s are a road map and if Lake does what it says it’s going to do in the [Definitive Feasibility Study] DFS and [Environmental and Social Impact Assessment] ESIA, the project will be funded.

What’s next for Lake Resources?

The Lake Resources share price has a number of catalysts on the horizon.

The company said that Kachi’s feasibility study and Environmental and Social Impact Assessments are “well advanced” and targeting completion in Q2 2022.

The company expects to make a final investment decision on construction finance by mid-2022.

The post Up another 5%, the Lake Resources (ASX:LKE) share price is booming. Here’s why. appeared first on The Motley Fool Australia.

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Motley Fool contributor Kerry Sun has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Air New Zealand Limited (ASX: AIZ) share price has had a stellar month thus far.

Since the start of September, shares in the airliner have soared more than 10%.

Let’s take a look at why the Air New Zealand share price has taken off this month.

Travel sentiment propels Air New Zeeland share price higher

A general shift in sentiment towards future travel has helped push the Air New Zealand share price higher this month.

Fellow airliner,  Qantas Airways Limited (ASX: QAN) led the pack in predicting the restart of international travel. 

Shares in Air New Zealand were recently buoyed after providing an update on the impact of domestic lockdowns.

The airliner noted that the New Zealand national lockdown and the ongoing suspension of trans-Tasman Quarantine Free Travel (QFT) had impacted its short term financial performance.

According to Air New Zealand, the monthly impact of a nationwide lockdown is approximately NZ$45 million to NZ$55 million.

In addition, the Monthly impact of the suspension of New Zealand to Australia travel is approximately NZ$20 to NZ$25 million.

The airliner noted that the operation of cargo flights is continuing with approximately 50 flights per week.

As a result of the reduced operating cash flow, Air New Zealand also noted that it has begun to draw down on its standby loan facility with remaining funds of NZ$1.065 billion.

How did Air New Zealand perform in FY21?

Shares in Air New Zealand fumbled late last month after the airliner reported a dour result for FY21.

With ongoing border restrictions hampering travel, the company reported a 55% drop in international revenues.

This thematic reflects in the airliners overall performance, with operating revenue down 48% to $2.5 billion for the full year.

Other highlights from Air New Zealand’s report included;

• Net loss after tax of $411 million, a decrease of 34.6% from FY20’s $628 million loss
• Operating cash flow up 40.4% to $323 million
• No interim dividend.

Given the uncertainty of ongoing travel restrictions, Air New Zealand deferred providing an earnings guidance for 2022.

Snapshot of the Air New Zealand share price

Despite a strong recovery this past month, the Air New Zealand share price has struggled to stay in the green this year.

Shares in the airliner are still more than 5% lower since the start of 2021.

At the time of writing, the Air New Zeeland share price has looked to continue its recovery, trading slightly higher at $1.605.

The post Here’s why the Air New Zealand (ASX:AIZ) share price is up 10% in September appeared first on The Motley Fool Australia.

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• Tuas (ASX:TUA) share price rockets 30% after TPG spinoff reports strong subs growth in FY21
• Metal Hawk (ASX:MHK) share price rockets 27% on high grade discovery
• What this leading broker is saying about the Dexus (ASX:DXS) share price
• Why the NIB (ASX:NHF) share price is heading south today

Motley Fool contributor Nikhil Gangaram has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Tuas Ltd (ASX: TUA) share price has been an exceptionally strong performer on Tuesday following the release of its full year results.

In morning trade, the TPG Telecom Ltd (ASX: TPG) spin off’s shares are up 30% to $1.33.

Tuas share price rockets on strong subscriber growth

• Revenue of S$34.3 million
• Earnings before interest, tax, depreciation and amortisation (EBITDA) loss of S$2.5 million
• Net loss of S$32.6 million
• Negative operating cash flow of S$6 million
• TPG Singapore subscribers of 392,000, up from 133,000 in September 2020

What happened in FY 2021?

Unlike its former parent, TPG Telecom, Tuas is a newcomer in the telco space, launching its commercial services on 31 March 2020.

However, it is a case of so far so good for the company. The release notes that the TPG Singapore brand has almost tripled its paid subscriptions over the 11-month period of September 2020 to August 2021 to 392,000.

This resulted in the company’s revenue coming in at S$34.3 million for the financial year. This was an increase of S$30 million since October 2020. Positively, this growth has been consistent, with Tuas revenue growing month on month over the period.

And while the company reported an EBITDA loss, management appears positive on the future. It notes that the TPG Singapore brand maintained strong subscriber and revenue growth through the reporting period and achieved positive EBITDA of S$0.9m for the 12 months to 31 July 2021. It has also continued to track positively into the first quarter of FY 2022.

What’s the outlook for FY 2022?

The release explains that due to the early stage of its growth cycle and COVID-19, the company is unable to provide revenue or EBITDA guidance for FY 2022.

However, management advised that it expects TPG Singapore to continue to maintain its EBITDA positive track into FY 2022. It also advised that the company expects to incur capital expenditure of approximately S$40 million for the financial year. This excludes any investment in 5G.

For now, management plans to focus on continuing to supply good quality and excellent value services to its customers in order to grow subscribers through the coming 12 months.

It also notes that TPG Singapore has already acquired mmWave spectrum for localised 5G non-standalone deployments and has been approved to conduct limited commercial trials of its 5G non-standalone network using its 2.3 GHz spectrum.

The Tuas share price is now up 80% in 2021.

The post Tuas (ASX:TUA) share price rockets 30% after TPG spinoff reports strong subs growth in FY21 appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Metal Hawk Ltd (ASX: MHK) share price is taking off this morning following the company’s confirmation of a high-grade nickel discovery.  

Metal Hawk released assay results from its Berehaven Project’s Commodore Prospect today.

The results show high-grade massive sulphites of up to 5.89% nickel.

At the time of writing, Metal Hawk’s shares are trading for 78.5 cents apiece, 26.61% more than they were at its previous close.

Let’s take a closer look at today’s news from the mineral exploration company.

New assay results

The Metal Hawk share price is rocketing on more news of its discovery at its Berehaven Project’s Commodore Prospect.

The company has received assay results from reverse circulation drilling at the prospect. The lower section of one hole returned results including:

• 9 metres at 0.31% nickel, 185 parts per billion of copper, 18 parts per billion of platinum and 34 parts per billion of palladium.

Additionally, the prospect’s geochemistry indicates there’s more nickel at depth. This was backed up by downhole electromagnetic surveys that found a conductive target below the drill holes.

The prospect was first intercepted earlier this month. News of the initial finding boosted the Metal Hawk share price by a massive 257%.

The company now plans to continue exploring the prospect. It expects to begin diamond drilling and more reverse circulation drilling in October.

Commentary from management

Metal Hawk’s managing director, Will Belbin, commented on the news driving the company’s share price today, saying:

We believe that the mineralised sulphide zone at Commodore may represent part of a significant untested komatiite system… The Berehaven Project is incredibly underexplored for nickel sulphides and we have several kilometres of prospective stratigraphy along strike from Commodore.

Metal Hawk share price snapshot

This year has been a good one so far for Metal Hawk’s stock.

Today’s gains included, it’s now 201% higher than it was at the start of 2021.

The post Metal Hawk (ASX:MHK) share price rockets 27% on high grade discovery appeared first on The Motley Fool Australia.

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The Dexus (ASX: DXS) share price has fallen into the red today, slipping 1.22% lower than yesterday’s closing price.

At the time of writing, the REIT is trading for $10.66 a share.

That’s slightly ahead of the ASX200 A-REIT index (XPJ) which has dropped 1.45% in early trading.

Let’s investigate further.

Why has the Dexus share price been climbing lately?

The Dexus share price has been on the move lately since the company announced the acquisition of a $1.5 billion industrial property portfolio.

Dexus has managed to get its hands on the Jandakot Airport in Perth, a fund-through development in NSW and a Victorian logistics facility that’s leased to Aus Post.

It’s raising $350 million by issuing additional equity at $3.45 per share to finance the deal taking place with APN Industria REIT (ASX: ADI).

According to the company, its moves to purchase the portfolio form part of its agenda to invest in more sustainable areas to generate revenue.

What are analyst’s saying about Dexus shares?

One leading broker believes Dexus’s strategy to diversify away from offices could potentially lead to headwinds for the company further down the line.

Investment bank Citibank has some concerns over the company’s business and revenue model.

It notes that aside from this acquisition, since the pandemic, Dexus has also sold off $1.6 billion in office assets and is trying to sell another $1.3 billion – a total of $2.9 billion in potential disposals.

Yet, despite Dexus’s “recent reweighting, office rent contributes a majority of the income for Dexus, where we see structural headwinds”, according to Citi.

Basically, if Dexus sells a bunch of its offices, Citi is struggling to see where its revenue growth comes from moving into the future as Dexus earns most of its income from office rent.

Plus, with Dexus’s shift, there are risks it might not pan out, given the property giant is entering unknown territory.

There’s just too much uncertainty for Citi’s liking, especially given Dexus is shifting away from its bread and butter.

Consequently, it has a sell rating on Dexus shares and believes there may be more challenges for the company moving forward.

Dexus share price snapshot

The Dexus share price has climbed around 15% this year to date and gained just over 18% in the past 12 months.

Hit hard by the pandemic, Dexus shares have lagged the S&P/ASX 200 Index (ASX: XJO)’s return of around 25% over this time.

The post What this leading broker is saying about the Dexus (ASX:DXS) share price appeared first on The Motley Fool Australia.

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The author Zach Bristow has no positions in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The NIB Holdings Limited (ASX: NHF) share price is edging lower on Tuesday morning. This comes as the private health insurer announced an update regarding one of its business segments.

At the time of writing, NIB shares are fetching for $6.80, down 1.02%. In comparison, the S&P/ASX 200 Index (ASX: XJO) is also down 0.47% to 7,349.4 points.

What did NIB announce?

According to its release, NIB advised that travel insurance sales to Australian and New Zealand residents will be temporarily paused. This includes all brands as well as white label partners with current underwriting arrangements coming to an end.

NIB confirmed that international sales, which account for 75% of total NIB travel insurance sales are not affected. The pause is also expected to not have a material financial impact on the group.

The halt is scheduled to occur next week on 5 October.

Travellers who purchased travel insurance before this date will not be affected, and coverage will continue as normal.

NIB is currently pursuing new underwriting arrangements to ensure they are cost-effective and support future growth ambitions. However, it’s anyone’s guess where the NIB share price could end up in the coming months.

NIB managing director, Mark Fitzgibbon commented:

Refreshing underwriting agreements on a regular basis helps ensure we deliver optimal and sustainable outcomes both commercially and for our customers. The ending of current arrangements is obviously disruptive but we’ll emerge in better shape as travel and market conditions recover.

COVID-19 and prolonged border closures continues to have an impact on all elements of the travel industry.

We plan to resume selling travel insurance to Australian and New Zealand residents as soon as possible to support our customers.

NIB share price summary

NIB shares have been on the move since this time last year, rocketing 60% over the period. When looking at year-to-date, its shares are up around 15%.

Based on today’s price, NIB commands a market capitalisation of roughly $3.14 billion and has approximately 457.7 million shares outstanding.

The post Why the NIB (ASX:NHF) share price is heading south today appeared first on The Motley Fool Australia.

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Motley Fool contributor Aaron Teboneras owns shares of NIB Holdings Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended NIB Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The PPK Group Limited (ASX: PPK) share price is taking off this morning as Li-S Energy Limited (ASX: LIS) gears up to make its long-awaited ASX debut.

After numerous delays, PPK’s spin-off is finally ready to hit the market this morning.

Li-S Energy‘s Initial Public Offering (IPO) will begin at 11 am this morning.

At the time of writing, the PPK share price is $19.73, 10.47% higher than its previous close.

Let’s take a closer look at PPK’s journey to today.

Li-S Energy to debut on the ASX

The PPK share price is gaining this morning as the market awaits its battery technology spin-off’s ASX debut.

Li-S Energy is a joint venture between PPK, PPK’s subsidiary BNNT Technology, and Deakin University.

Li-S Energy produces lithium batteries using lithium-sulphur chemistry, incorporating boron nitride nanotubes (BNNTs) into battery components to improve capacity and stability.

The company believes lithium-sulphur is the future of lithium-ion batteries. It says the technology is able to produce 5 times more energy density than traditional lithium-ion batteries and can produce similar results with one third of the weight. It also notes lithium-sulphur batteries are cheaper and less of a fire risk.

Under its prospectus, investors could get shares in Li-S Energy for 85 cents apiece. That gives it an expected market capitalisation of around $544 million.

Li-S Energy’s IPO was originally meant to happen in late August but was pushed back while awaiting approval from the ASX. Conditional approval to debut was granted in mid-September before it was finally given approval to list last week.

The PPK share price gained 9% on the back of the IPO’s conditional approval but fell 1.8% on its definitive authorisation.

After today’s float, PPK will be Li-S Energy’s largest shareholder, owning 45.4% of its stock. Another 13% of Li-S Energy’s shares will be owned by Deakin University, with BNNT Technology holding 4.7%.

So far, Li-S Energy’s IPO has raised $34 million. It is listing with $52.9 million of cash that it will use to pursue commercial, research, and development initiatives.

PPK share price snapshot

2021 has been a good year so far for the PPK share price.

It has gained 229% since the start of this year. It is also 399% higher than it was this time last year.

The post The PPK (ASX:PPK) share price soars 10% amid Li-S Energy’s IPO appeared first on The Motley Fool Australia.

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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