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

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On Stockhead today, the key ingredients needed for medtech growth, the stocks Wisetech’s Michael Gregg has been buying and Australian energy productivity goals are slipping out of reach.

But first…

The day ahead

The following companies are in trading halts and are expected to exit in the next two trading days:

Thursday:

QuickFee (ASX:QFE) – capital raising
St George Mining (ASX:SGQ) – capital raising
Titanium Sands (ASX:TSL) – updated mineral resource statement
RBR Group (ASX:RBR) – capital raising
Cellnet Group (ASX:CLT) – capital raising

Friday:

K2fly (ASX:K2F) – underwriting of options
Great Southern Mining (ASX:GSN) – capital raising
Fraser Range Metals Group (ASX:FRN) – capital raising

Markets

Gold: $US1,683.50 ($2,628.56) (-1.32%)

Silver: $US14.76 (-1.74%)

Oil (WTI): $US24.11 (-1.83%)

Oil (Brent): $US29.76 (-3.81%)

Coal: $US53.75 (+0.90%)

Iron 62pc Fe: $US83.06 (+1.11%)

AUD/USD: $US0.6403 (-0.44%)

Bitcoin: $US9,250.56 (+3.13%)

What got you talking yesterday

Who said it was easy being a large cap? Iron ore producers, particularly the Big 4, are seeing their production capacity decline. This could be good news for the ASX’s smaller iron ore plays.

The big 4 #ironore producers are actually producing a lot less than they had hoped to and are scrambling to replace tonnes rather than increase production. This has opened up an opportunity for the juniors. #ausbiz #ASX $MGT $FEX $SRK $LCY https://t.co/OeBrN9Aig6 pic.twitter.com/ow6ZwLJiCa

— Stockhead (@StockheadAU) May 5, 2020

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Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

These were the most tipped stocks (weekly) on Stocks In Play:

Yesterday’s winners

Yesterday’s losers

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