CFOAM

A carbon foam-focused company chaired by Perth-based chartered accountant Gary Steinepreis has made huge gains on its first day of trading on the ASX, after completing a $9 million initial public offering.

CFOAM, manufacturer of inorganic carbon material, has appointed Todd Hoare as interim non-executive director. Mr  Hoare has been an investor since the company’s listing and is well versed with many aspects of the company’s operations.

Brian Simons has been appointed head of sales at AssetOwl. Mr  Simons has been in software sales for 10 years.Raj Surendran has been appointed chief financial officer and company secretary of DTI Group.

Thred has announced a capital raising by way of a fully-underwritten, non-renounceable pro-rata entitlement offer at an issue price of $0.004 per new share on the basis of one new share for every two existing shares held.

Tungsten Mining has announced a placement to sophisticated and institutional investors to raise approximately $20 million. Directors have received firm commitments representing approximately 75% of the Placement.

88 Energy advises that the Non-Renounceable Rights Issue announced to the ASX on 3rd October 2018, closed on the 26th October 2018.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Our daily board moves wrap includes Flemming Bjoernslev, Anthony Polglase, Dean Hely, Cliff Lawrenson, and Roderick Webster.

Our board moves wrap includes Brian Joseph, Andrew Richards, Stephen Copulos, Kym Verheyen, Rebecca Broughton, and Arthur Palm.

Our board moves wrap includes Sanjeev Kumar, Nicholas Ong, and Flemming Bjoernslev.