Rise and Shine: What you need to know before the ASX opens

On Stockhead today, video games stocks are finally profitable, tech stocks are back and even cash is king again.

But first … the day ahead.

Local shares are set to open higher today. At 8am AEDT, the ASX 200 August futures contract is pointing up by 1%.

TRADING HALTS

The following companies went into trading halts today and are expected out in the next few days:

MOQ (ASX:MOQ) – pending an announcement around the scheme of arrangement with Atturra (ASX:ATA) who’re also in a trading halt.

Calidus Resources (ASX:CAI) – pending a capital raising to fund ongoing lithium and gold exploration, plant expansion and general working capital.

Gratifii (ASX:GTI) – pending an announcement around a material acquisition and capital raise.

Austral Resources (ASX:AR1) – pending an announcement around a share placement.

88 Energy (ASX:88E) – pending a capital raising.

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,792.20 (-0.11%)

Silver: $US20.59 (+0.42%)

Nickel (3mth): $US22,415/t (+3.96%)

Copper (3mth): $US8,077.50/t (+1.18%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t

Oil (WTI): $US91.40 (+1.00%)

Oil (Brent): $US97.16 (+0.88%)

Iron 62pc Fe: $US109.63 (-0.22%)

AUD/USD: 0.7079 (+0.14%)

Bitcoin: $US23,853 (+3.29%)

WHAT GOT YOU TALKING YESTERDAY?

Why aren’t food stocks on the rise?

– Food prices around the world continue to surge on the back of a bleak global economic outlook
– How long will this last and why aren’t food stocks soaring in line with prices? https://t.co/Xh2S54RL8I $PHO $MTS $GNC

— Stockhead (@StockheadAU) August 10, 2022

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

YESTERDAY’s BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code	Company	Price	%	Volume
ISU	Iselect Ltd	0.275	72%	13,697,011
GLV	Global Oil & Gas	0.003	50%	10,088,975
MEK	Meeka Metals Limited	0.067	34%	93,445,993
KFE	Kogi Iron Ltd	0.004	33%	17,746,002
POW	Protean Energy Ltd	0.008	33%	12,079,079
EQN	Equinoxresources	0.16	28%	205,000
ECG	Ecargo Hldg	0.015	25%	26,000
AFW	Applyflow Limited	0.0025	25%	6,255,000
VPR	Volt Power Group	0.0025	25%	1,955,946
PH2	Pure Hydrogen Corp	0.43	25%	1,627,916
ARV	Artemis Resources	0.052	24%	4,515,362
MIO	Macarthur Minerals	0.21	24%	603,652
DCG	Decmil Group Limited	0.22	22%	672,821
KZR	Kalamazoo Resources	0.275	22%	176,171
TRU	Truscreen	0.05	22%	179,022
LNR	Lanthanein Resources	0.029	21%	29,497,883
DMG	Dragon Mountain Gold	0.018	20%	75,000
TSL	Titanium Sands Ltd	0.018	20%	204,724
LPM	Lithium Plus	0.6	20%	1,278,524
CPT	Cipherpoint Limited	0.006	20%	924,334
LDX	Lumos Diagnostics	0.066	20%	4,819,991
SUM	Summitminerals	0.185	19%	1,111,937
BEZ	Besragoldinc	0.038	19%	40,000
CPN	Caspin Resources	0.635	19%	334,290
AHQ	Allegiance Coal Ltd	0.165	18%	2,824,101

Consumer and insurance services firm iSelect (ASX:ISU) set the day on fire yesterday by entering into a Scheme Implementation Agreement (SIA) with Innovation Holdings Australia (IHA).

On the back of the news, iSelect’s share price sky-rocketed – well over 75%.

IHA is ISU’s biggest shareholder and after sitting on a 26% stake, decided it was time to go the full house, snapping up 100% of the company instead.

Up 30% was Meeka Metals (ASX:MEK) which wandered into an exceptionally high-grade gold situation after combing through a recent drill program at St Anne’s prospect within its Murchison gold project in WA.

MEK says assays from 38 holes drilled in the area and said the new results showed broad zones of high-grade gold at the northern end of St Anne’s.

Shallow aircore drilling has turned up highlights such as 32m @ 16.07g/t Au from 48m including 16m @ 28.59g/t Au, and 20m @ 20.74g/t Au from 48m including 16m @ 24.86g/t Au.

YESTERDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

Scroll or swipe to reveal table. Click headings to sort.

Code	Company	Price	%	Volume
T3D	333D Limited	0.0015	-25%	1,583,761
ARE	Argonaut Resources	0.002	-20%	5,826,347
CFO	Cfoam Limited	0.004	-20%	15,306,486
PCL	Pancontinental Energ	0.004	-20%	26,724,428
AOU	Auroch Minerals Ltd	0.068	-17%	2,400,853
CCE	Carnegie Cln Energy	0.0025	-17%	581,667
TD1	Tali Digital Limited	0.005	-17%	370,000
3DA	Amaero International	0.185	-16%	326,035
AVW	Avira Resources Ltd	0.003	-14%	399,998
ENT	Enterprise Metals	0.012	-14%	724,838
GO2	Thego2People	0.012	-14%	765,622
BLZ	Blaze Minerals Ltd	0.025	-14%	680,092
KOR	Korab Resources	0.025	-14%	682,104
CNJ	Conico Ltd	0.034	-13%	32,649,334
BGD	Bartongoldholdings	0.175	-13%	103,953
PVE	Po Valley Energy Ltd	0.07	-13%	1,591,257
APS	Allup Silica Ltd	0.092	-12%	9,455
AQC	Auspaccoal Ltd	0.092	-12%	2,333
CZL	Cons Zinc Ltd	0.022	-12%	1,474,631
3MF	3D Metalforge	0.015	-12%	175,000
VOL	Victory Offices Ltd	0.03	-12%	37,020
SBM	St Barbara Limited	1.07	-12%	9,256,936
CL8	Carly Holdings Ltd	0.031	-11%	38,985
AER	Aeeris Ltd	0.12	-11%	23,490
ADV	Ardiden Ltd	0.008	-11%	7,239,682