Latest news with #oftheWeek
Sydney Morning Herald
6 days ago
- Business
- Sydney Morning Herald
ASX Runners of the Week: Ovanti, Olympio, Codeifai and Sunrise
This week's Bulls N' Bears Runner of the Week is BNPL fintech Ovanti Limited, which shot out of a cannon on Wednesday by unveiling its new US leader - fintech heavyweight and former Zip Co maestro Peter Maher. The company says the incoming chief executive officer of its US BNPL division is set to spearhead its payments and embedded finance push into the States, as he did with multi-billion ASX blue-chipper Zip Co. With a resume also boasting senior roles at Capital One and HTLF Bank, Maher is no stranger to forging lucrative partnerships and navigating the regulatory jungle to seek a BNPL prize out of US consumerism. He will look to build on his predecessor at Ovanti and previous ZIP colleague Simon Keast's effort to turbocharge the company's US market expansion with an innovative BNPL product that 'empowers consumers with real-time affordability insights'. Maher was in charge when Zip skyrocketed to a $6.2 billion valuation in February 2021 after orchestrating a triumphant US invasion. As the company's senior director of high growth, he worked shoulder-to-shoulder with co-founder Larry Diamond to coordinate the company's masterstroke acquisition of QuadPay in 2020 to enter the US. Merchant deals with giants such as Webjet, Peloton and Amazon soon followed, fuelling Zip's US transaction volume to $2.8 billion in the 2021 financial year. Riding the wave of COVID stimulus and zero-rate money, Maher helped transform Zip from a local player into a transcontinental titan, setting the stage for Ovanti's push into the $122.3 billion US BNPL market. The market loved the news, just as it had done with Keast's appointment in October last year. Ovanti's share price shot to 0.8 cents on Wednesday, before the news spread far and wide on Thursday, when it peaked at 1.2c per share. This was a whopping 500 per cent rise on last week's close on nearly $10 million in stock traded. With Maher at the helm and Ovanti's sights set on cracking the US BNPL jackpot, this plucky fintech's shares might keep zipping along – that's if Maher's vision for AI-driven, consumer-centric payments can couple with his previous proven playbook of expansion at Zip. OLYMPIO METALS LTD (ASX: OLY) Up 255% (3.8c – 13.5c) Bulls N' Bears' second-place Runner of the Week is gold prospector Olympio Metals, which ignited a frenzy on Tuesday when it uncovered visible gold in quartz veining in the company's first drill hole at its recently acquired Bousquet gold project in Quebec, Canada. The gold specks came within a band of smoky quartz hosting five to seven per cent sulphide mineralisation across a 9-metre zone from 183m downhole at its Paquin prospect. The company says its drill hole also revealed additional quartz veining, sulphides and alteration stretching down to 286m, with the step-out hole pushing mineralisation west of prior high-grade intercepts, such as a stunning 9m at 16.96 grams per tonne (g/t). Olympio says three more holes are due to test Paquin's western reach and it expects assays for the current hole by mid-July. Bousquet sits astride the Cadillac Break, a legendary regional structure teeming with world-class gold deposits, with more than 110 million ounces to its name. Fortunately for Olympio, its Paquin, Amedee, Decoeur and Johannes prospects are all perched on this fabled fault, suggesting the first hole is not a fluke. It took a moment for the market to digest the upside of this Canadian explorer in a humming gold environment. The company's share price surged on just $150,000 worth of stock traded on Tuesday before things got humming on Wednesday as it hit a 13.5c high. This was up 255 per cent on last week's close. Bousquet commands a 10-kilometre stretch of the Cadillac Break just 15km west of the Bousquet Mining Camp, where heavyweights such as Agnico Eagle's 15-million-ounce La Ronde and Iamgold's 2.4-million-ounce Westwood reside. The company says its Paquin mineralisation echoes the nearby O'Brien project, which has one million ounces of gold and just 15km east. Paquin's visible gold in smoky quartz veins may be a telltale sign of high-grade riches. The company is also touting its infrastructure advantages in difficult-to-navigate Canadian terrain. Olympio's Dufay gold-copper project, 60km west, adds another 10km of Cadillac Break exposure, with drilling imminent on a high-potential porphyry gold-copper target, giving the company a commanding 20km stake in this golden corridor. If its maiden holes continue to turn up the goods, Olympio could unearth a game-changing discovery in a world-class region, that would have its current valuation of $10 million looking like an absolute steal. CODEIFAI LTD (ASX: CDE) Up 75% (4c – 7c) Bulls N' Bears Runner of the Week's bronze medal was nabbed by brand solutions technology group Codeifai Limited, which had no news to the market this week. The company's share price went on an absolute tear of unusual trading activity before the party was cut short by a trading halt on Friday pending the announcement of a potential acquisition. A level of knowledge around the apparent acquisition seems to have pushed the company's share price since early June. Codeifai released a corporate update after a few days of suspicious trading on June 6 that outlined the two companies in hot pursuit. Trust Codes Global is a New Zealand QR code powerhouse with a serialised platform rivalling Codeifai's ConnectQR, while Credissential Inc's QuantumAI Transfer is a Canadian quantum-secure payment and file transfer platform that could supercharge Codeifai's software-as-a-service (SaaS) offerings with BNPL features. Codeifai recently pivoted to become a brand solutions specialist that develops and sells digital solutions using QR code technology through its SaaS offerings ConnectQR and ProtectCode. The company says its ConnectQR with AI-generated QR codes produce revenue 24/7 and seamlessly integrate with its cloud-based platform. It has already generated millions of codes and has apparently caught the eyes of global competitors. Since being hit with a speeding ticket from the ASX constabulary earlier this month, the company has surged 1000 per cent before finally putting an end to one of the worst-kept secret in market history. SUNRISE ENERGY METALS (ASX: SRL) Up 65% (73c – 120.5c) This week's final Runners spot goes to critical minerals developer Sunrise Energy Metals, which sparked a market wildfire this week, surging on Tuesday, following a capital raise to an insider mining magnate last week. Then on Friday, it announced it had run into some high-grade scandium results at its Syerston scandium project in New South Wales. The inferno was ignited with Monday's news of a $6 million placement at 30c a share, with a 1-for-1 option at 40c, backed by mining titan and co-chairman Robert Friedland's Ivanhoe Capital Holdings. Ivanhoe committed $3 million to the raise with two further cornerstone investors, alongside a $1.5 million share purchase plan (SPP) with no doubt strong uptake. Some punters may have been kicking themselves for missing the early bird special, given shares hit $1.20 intraday by Friday, up an astonishing 300 per cent above the prescribed SPP price. The funds are set to supercharge an updated feasibility study and exploration at Syerston, where Friday's assays from 1997 drill pulps unveiled substantial intersections, including 6m running 553 parts per million (ppm) and 18m at 528ppm scandium in shallow laterite soils just begging for cost-efficient mining. The grades were well above the project's 390ppm scandium average within 60.3 million tonnes for 23,554t contained scandium. The company says its results confirm Syerston as a global scandium heavyweight. It has a 5000m drilling campaign targeting high-grade zones around a dunite intrusion and a feasibility study update due in the next quarter. Sunrise says it is perfectly positioned to supply a critical minerals market begging for new feed sources, following China's scandium export curbs on what amounts to about 90 per cent of global supply. With 99.999 per cent scandium oxide fetching $500,000 per kilogram - that's $500 million per tonne - and demand soaring for aerospace alloys and 5G semiconductors, this critical mineral isn't going to go away. If mid-July assays and offtake talks with alloy and chip makers pan out, Sunrise could be soon on its way to forging Australia's first standalone scandium mine.
The Age
6 days ago
- Business
- The Age
ASX Runners of the Week: Ovanti, Olympio, Codeifai and Sunrise
This week's Bulls N' Bears Runner of the Week is BNPL fintech Ovanti Limited, which shot out of a cannon on Wednesday by unveiling its new US leader - fintech heavyweight and former Zip Co maestro Peter Maher. The company says the incoming chief executive officer of its US BNPL division is set to spearhead its payments and embedded finance push into the States, as he did with multi-billion ASX blue-chipper Zip Co. With a resume also boasting senior roles at Capital One and HTLF Bank, Maher is no stranger to forging lucrative partnerships and navigating the regulatory jungle to seek a BNPL prize out of US consumerism. He will look to build on his predecessor at Ovanti and previous ZIP colleague Simon Keast's effort to turbocharge the company's US market expansion with an innovative BNPL product that 'empowers consumers with real-time affordability insights'. Maher was in charge when Zip skyrocketed to a $6.2 billion valuation in February 2021 after orchestrating a triumphant US invasion. As the company's senior director of high growth, he worked shoulder-to-shoulder with co-founder Larry Diamond to coordinate the company's masterstroke acquisition of QuadPay in 2020 to enter the US. Merchant deals with giants such as Webjet, Peloton and Amazon soon followed, fuelling Zip's US transaction volume to $2.8 billion in the 2021 financial year. Riding the wave of COVID stimulus and zero-rate money, Maher helped transform Zip from a local player into a transcontinental titan, setting the stage for Ovanti's push into the $122.3 billion US BNPL market. The market loved the news, just as it had done with Keast's appointment in October last year. Ovanti's share price shot to 0.8 cents on Wednesday, before the news spread far and wide on Thursday, when it peaked at 1.2c per share. This was a whopping 500 per cent rise on last week's close on nearly $10 million in stock traded. With Maher at the helm and Ovanti's sights set on cracking the US BNPL jackpot, this plucky fintech's shares might keep zipping along – that's if Maher's vision for AI-driven, consumer-centric payments can couple with his previous proven playbook of expansion at Zip. OLYMPIO METALS LTD (ASX: OLY) Up 255% (3.8c – 13.5c) Bulls N' Bears' second-place Runner of the Week is gold prospector Olympio Metals, which ignited a frenzy on Tuesday when it uncovered visible gold in quartz veining in the company's first drill hole at its recently acquired Bousquet gold project in Quebec, Canada. The gold specks came within a band of smoky quartz hosting five to seven per cent sulphide mineralisation across a 9-metre zone from 183m downhole at its Paquin prospect. The company says its drill hole also revealed additional quartz veining, sulphides and alteration stretching down to 286m, with the step-out hole pushing mineralisation west of prior high-grade intercepts, such as a stunning 9m at 16.96 grams per tonne (g/t). Olympio says three more holes are due to test Paquin's western reach and it expects assays for the current hole by mid-July. Bousquet sits astride the Cadillac Break, a legendary regional structure teeming with world-class gold deposits, with more than 110 million ounces to its name. Fortunately for Olympio, its Paquin, Amedee, Decoeur and Johannes prospects are all perched on this fabled fault, suggesting the first hole is not a fluke. It took a moment for the market to digest the upside of this Canadian explorer in a humming gold environment. The company's share price surged on just $150,000 worth of stock traded on Tuesday before things got humming on Wednesday as it hit a 13.5c high. This was up 255 per cent on last week's close. Bousquet commands a 10-kilometre stretch of the Cadillac Break just 15km west of the Bousquet Mining Camp, where heavyweights such as Agnico Eagle's 15-million-ounce La Ronde and Iamgold's 2.4-million-ounce Westwood reside. The company says its Paquin mineralisation echoes the nearby O'Brien project, which has one million ounces of gold and just 15km east. Paquin's visible gold in smoky quartz veins may be a telltale sign of high-grade riches. The company is also touting its infrastructure advantages in difficult-to-navigate Canadian terrain. Olympio's Dufay gold-copper project, 60km west, adds another 10km of Cadillac Break exposure, with drilling imminent on a high-potential porphyry gold-copper target, giving the company a commanding 20km stake in this golden corridor. If its maiden holes continue to turn up the goods, Olympio could unearth a game-changing discovery in a world-class region, that would have its current valuation of $10 million looking like an absolute steal. CODEIFAI LTD (ASX: CDE) Up 75% (4c – 7c) Bulls N' Bears Runner of the Week's bronze medal was nabbed by brand solutions technology group Codeifai Limited, which had no news to the market this week. The company's share price went on an absolute tear of unusual trading activity before the party was cut short by a trading halt on Friday pending the announcement of a potential acquisition. A level of knowledge around the apparent acquisition seems to have pushed the company's share price since early June. Codeifai released a corporate update after a few days of suspicious trading on June 6 that outlined the two companies in hot pursuit. Trust Codes Global is a New Zealand QR code powerhouse with a serialised platform rivalling Codeifai's ConnectQR, while Credissential Inc's QuantumAI Transfer is a Canadian quantum-secure payment and file transfer platform that could supercharge Codeifai's software-as-a-service (SaaS) offerings with BNPL features. Codeifai recently pivoted to become a brand solutions specialist that develops and sells digital solutions using QR code technology through its SaaS offerings ConnectQR and ProtectCode. The company says its ConnectQR with AI-generated QR codes produce revenue 24/7 and seamlessly integrate with its cloud-based platform. It has already generated millions of codes and has apparently caught the eyes of global competitors. Since being hit with a speeding ticket from the ASX constabulary earlier this month, the company has surged 1000 per cent before finally putting an end to one of the worst-kept secret in market history. SUNRISE ENERGY METALS (ASX: SRL) Up 65% (73c – 120.5c) This week's final Runners spot goes to critical minerals developer Sunrise Energy Metals, which sparked a market wildfire this week, surging on Tuesday, following a capital raise to an insider mining magnate last week. Then on Friday, it announced it had run into some high-grade scandium results at its Syerston scandium project in New South Wales. The inferno was ignited with Monday's news of a $6 million placement at 30c a share, with a 1-for-1 option at 40c, backed by mining titan and co-chairman Robert Friedland's Ivanhoe Capital Holdings. Ivanhoe committed $3 million to the raise with two further cornerstone investors, alongside a $1.5 million share purchase plan (SPP) with no doubt strong uptake. Some punters may have been kicking themselves for missing the early bird special, given shares hit $1.20 intraday by Friday, up an astonishing 300 per cent above the prescribed SPP price. The funds are set to supercharge an updated feasibility study and exploration at Syerston, where Friday's assays from 1997 drill pulps unveiled substantial intersections, including 6m running 553 parts per million (ppm) and 18m at 528ppm scandium in shallow laterite soils just begging for cost-efficient mining. The grades were well above the project's 390ppm scandium average within 60.3 million tonnes for 23,554t contained scandium. The company says its results confirm Syerston as a global scandium heavyweight. It has a 5000m drilling campaign targeting high-grade zones around a dunite intrusion and a feasibility study update due in the next quarter. Sunrise says it is perfectly positioned to supply a critical minerals market begging for new feed sources, following China's scandium export curbs on what amounts to about 90 per cent of global supply. With 99.999 per cent scandium oxide fetching $500,000 per kilogram - that's $500 million per tonne - and demand soaring for aerospace alloys and 5G semiconductors, this critical mineral isn't going to go away. If mid-July assays and offtake talks with alloy and chip makers pan out, Sunrise could be soon on its way to forging Australia's first standalone scandium mine.
Newsweek
7 days ago
- Entertainment
- Newsweek
Tears as Baby Ducks Muster the Courage To Join Their Mom in the Water
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A group of ducklings launching themselves off a Manhattan pier to join their mother in the Hudson River has captured hearts across the internet. Abby Decter (@abbydecter), 28, a publicist from New York City, shared heartwarming footage of around 10 ducklings taking the plunge from the West Side Highway in Tribeca. The video shows the tiny birds bravely hopping off the edge one by one, following their mom into the water below. As they leap, bystanders gasp, clap and cheer. The video garnered 3.6 million likes and 20.7 million views on TIkTok. "The feeling was electric everyone just stopped what they were doing to watch. [It was] just one of those moments where everyone comes together," Decter told Newsweek. A split image showing the ducklings jump off the pier to join their mom. A split image showing the ducklings jump off the pier to join their mom. @abbydecter/@abbydecter In the video, a woman shouts, "Go go go," as more ducklings muster the courage to jump. Eventually, just two remain. One jumps, leaving the last little one hesitating—until it finally takes the leap, prompting a wave of cheers from the crowd. Ducks are surprisingly common in New York City, especially along the rivers and in parks like Central Park and Prospect Park. Several species including mallards, wood ducks, and mergansers can be spotted in the city's waterways year-round, according to Birding Around NYC. Ducklings are typically born in spring and early summer, when mothers often lead their broods to water shortly after hatching—a risky journey that sometimes includes navigating urban obstacles like busy streets and piers. TikTokers were quick to turn emotional over the duckling footage, chiming in with comments that ranged from heartwarming to hilarious. "For anyone who identifies with the 'last duck,' you got this. They all got in the water safely, and everyone's timing is different and their progress is NOT less valid," said one user. "We don't want war, all of us just want to watch baby ducks," said another. "I'm so proud of them," said Mario. "They're so tiny and brave," said Cali. "They're so tiny and brave," echoed another viewer. "Queue 'Let's Go Girls!' by Shania Twain," joked another user. "You already know the first one to jump was the oldest sibling. Terrified AF on the inside, but put on a brave face, because... well, somebody had to show the younger ones it would all be okay," shared another. Do you have funny and adorable videos or pictures of your pet you want to share? Send them to life@ with some details about your best friend and they could appear in our Pet of the Week lineup.
Daily Record
7 days ago
- Daily Record
The Scottish 'food town' near outdoor activity centre named best in the country
From a family activity centre to yummy restaurants, the town has it all. So far, summer has been very up and down in Scotland. Some days have brought clear skies and warm temperatures, while others have seen non-stop rain. While we can never count on good weather to last long, that is no reason not to get out and make the most of the season. For that reason, the Daily Record has chosen a scenic town home to an award-winning activity centre as our latest Town of the Week. Castle Douglas is located in Dumfries and Galloway, and is home to a population of around 4,000 people. The 18th century market town is known for its easy access to nature and is also classed as a 'Food Town'. As reported by the Daily Record, the Scottish Hospitality Awards were held last week. Among the winners was the Galloway Activity Centre, which is located just outside of Castle Douglas along the shores of Loch Ken. The Galloway Activity Centre is an outdoor centre that offers a wide selection of both land and water-based activities. It is catered to families and individuals, with everything from taster sessions to full courses available. Among the land activities offered at the centre are archery, laser tag, and mountain biking, while it even has its own water slide. Meanwhile, out on the water, visitors can partake in windsurfing, kayaking, and more. The Galloway Activity Centre also offers accommodation, with a broad range to choose from. From traditional Yurts to glamping domes, there are options for all budgets and tastes. Castle Douglas is also Dumfries and Galloway's designated Food Town. It is home to a number of renowned restaurants, perfect for a sit-down meal after a day out at the Galloway Activity Centre. Among the top eateries in Castle Douglas are The Jewel In The Crown and The Olive Retreat. The former is an Indian restaurant that serves up a range of mouthwatering curries, while The Olive Retreat specialises in authentic Mediterranean cuisine. Read on for photographs of some of Castle Douglas's highlights. Meanwhile, the full list of winners at the Scottish Hospitality Awards can be found on the Oceanic Awards website. For more travel inspiration, find a few of the Daily Record's previous Towns and Villages of the Week below: Don't miss the latest news from around Scotland and beyond - sign up to the Scotland Now newsletter here. More On Dumfries & Galloway Castle Douglas Things to do Scotland Food Discover Scotland Days Out
USA Today
18-06-2025
- Sport
- USA Today
Ohio State football names summer workout 'Dudes of the Week' for June 18
Ohio State football names summer workout 'Dudes of the Week' for June 18 We continue to get closer and closer to the start of the college football season (73 days for Ohio State fans, but who's counting?), but in the meantime, the Ohio State football team continues to go through summer workouts as it prepares to open up fall camp on July 31. (Reminder: The first three fall camp sessions are open to the public via ticket purchase). There's not a whole lot of news coming from the Woody Hayes Athletic Facilities, but we have seen some highlights of the program's fun "June Olympics," between the staff and players, and we get a feel for which players are performing the best in summer workouts when the program announces its "Dudes of the Week." We're not sure what goes into that, but the OSU Football Creative Team just announced the three guys recognized for this week. That trio is safety Caleb Downs, center Carson Hinzman, and linebacker Payton Pierce. There's not a whole lot of fanfare with these nominations or announcements, but you can bet these three are carrying themselves like leaders, working hard, and providing a great example for the rest of the team. There's still a few more weeks before fall camp opens, and there's no schedule of how long the program will recognize guys for this, but as they do, we'll bring it to you so we can all get an idea of who is impressing the coaches and peers during workouts. Contact/Follow us @BuckeyesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Ohio State news, notes and opinion. Follow Phil Harrison on X.
