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

A hearty good morning, bonjour, and JonBonJovi to you all, and welcome to Thursday morning’s pre-market madness… which – after yesterday’s annoyingly disappointing result – will hopefully pan out heaps better for all of us, as the relentless tide of time carries us forward once more.

We’ve got a bunch of stuff for you to sink your teeth into before the ASX rollerdoors go up for the day, including Emma Davies’ inaugural column looking at some top-notch executives looking to replicate success of their past roles with well known companies.

Nadine McGrath’s been on the phone with some leading investors to get their insights into who they reckon could be worth backing this week, and Eddy Sunarto draws back the curtains on who’s making waves in Health Care right now.

To help get you warmed up, as always we’ve all the data and digits from yesterday to give you a running start at the markets today. Bon Appetit!

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,891.55 (-0.53%)

Silver: US$22.41 (-0.44%)

Nickel (3mth): US$19,870/t (+0.46%)

Copper (3mth): US$8,173/t (-0.32%)

Oil (WTI): US$79.19 (-2.23%)

Oil (Brent): US$83.28 (-1.90%)

Iron 62pc Fe: US$104.81/t (+0.01%)

AUD/USD: 0.6424 (-0.5%)

Bitcoin: US$28,890.25 (-1.09%)

WHAT GOT YOU TALKING

Health stocks have been on the rise, so naturally that’s what’s got everyone talking today…

#ASX #health #stocks roundup:

😷 Lumos Diagnostics patent granted
😷 CG1 Ventures buys into Singular Health Group
😷 Biotron completes Phase 2 Covid trial
😷 LGP’s founder steps down as CEO

$LDX $SHG $BIT $LGP | #medical #research #ASXNews #biotech https://t.co/Owy9XZOM6E

— Stockhead (@StockheadAU) August 16, 2023

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Company	Price	%	Volume	Market Cap
TD1	Tali Digital Limited	0.002	100%	187,500	$3,295,156
DXN	DXN Limited	0.0015	50%	1,150,000	$1,721,315
LLI	Loyal Lithium Ltd	0.665	48%	6,183,674	$30,820,500
MCT	Metalicity Limited	0.002	33%	887,917	$5,604,129
AMX	Aerometrex Limited	0.415	26%	19,290	$31,291,180
AW1	Americanwestmetals	0.35	25%	15,708,817	$100,040,091
ADS	Adslot Ltd.	0.005	25%	94,444	$13,066,471
AUK	Aumake Limited	0.005	25%	264,819	$5,949,038
MXC	Mgc Pharmaceuticals	0.0025	25%	1,107,110	$7,784,719
THR	Thor Energy PLC	0.005	25%	450,000	$5,837,166
E33	East 33 Limited.	0.036	24%	632,560	$15,053,572
LDX	Lumos Diagnostics	0.088	24%	84,369,521	$31,484,446
4DS	4Ds Memory Limited	0.054	23%	28,738,035	$71,831,902
AL3	Aml3D	0.077	22%	2,377,014	$14,839,884
SHG	Singular Health	0.047	21%	2,047,860	$5,511,100
IMR	Imricor Med Sys	0.795	20%	320,529	$102,123,686
CCO	The Calmer Co Int	0.006	20%	3,986,423	$4,085,596
M4M	Macro Metals Limited	0.003	20%	169,328	$4,967,694
BM8	Battery Age Minerals	0.455	20%	390,490	$28,202,902
ARN	Aldoro Resources	0.185	19%	473,467	$20,866,680
ALA	Arovella Therapeutic	0.053	18%	7,260,173	$40,487,166
DOU	Douugh Limited	0.007	17%	1,204,928	$6,341,852
EDE	Eden Inv Ltd	0.0035	17%	6,338,751	$8,990,911
ME1	Melodiol Glb Health	0.007	17%	4,035,782	$17,338,494
YPB	YPB Group Ltd	0.0035	17%	110,000	$2,230,384

Yesterday’s Small Caps standouts were:

Up on top of the podium was the recently returned Loyal Lithium (ASX:LLI), which took to the skies to climb more than 45% on news of a significant development in the ongoing field where Loyal has reported the discovery of five (count ‘em… 5!) spodumene bearing pegmatite dykes with aligned implied continuous outcrops within a 6km2 area to the south of the Trieste Greenstone Belt.

Loyal says that prep work for drilling is underway, so we’ll just have to wait to see if the find is as juicy as it sounds so far.

In second place, AML3D (ASX:AL3) ended the day up 22.22% (admit it… you read that in Richie Benaud’s voice) on news of a fresh $2 million contract from the US Navy to develop and metal 3D print a replacement component used in US Navy submarines.

Obviously, we’re not able to tell you precisely which bits of the submarines are involved, but the company has said that the “non-safety-critical (NSC) components are high demand components made with Nickel-Aluminum-Bronze”.

The contract is due to run for roughly nine months from September this year, with the fee payable up-front and upon meeting contract milestones.

And in third place, Lumos Diagnostics (ASX:LDX) was back in the headlines thanks to a 21.1% jump driven by a double-dose of great news for the local biotech.

For starters, LDX has signed a deal with the Dutch subsidiary of Nasdaq-listed Henry Shein Inc – the world’s largest provider of health care solutions to office-based dental and medical practitioners – to distribute the company’s FebriDx point-of-care test that can tell a bacterial lung infection from a viral one within minutes.

Additionally, LDX has been granted a core patent in Europe and Japan, covering the camera technology used in its rapid diagnostics reader platform.

“These readers have become a critical component of new point-of-care tests as they automate the reading and quantification of results and allow those results to be seamlessly integrated into electronic medical record systems,” the company says.

YESTERDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code	Company	Price	%	Volume	Market Cap
CCE	Carnegie Cln Energy	0.001	-50%	12,239,483	$31,285,147
AGR	Aguia Res Ltd	0.021	-36%	1,024,000	$14,317,190
ELE	Elmore Ltd	0.004	-33%	9,734,252	$8,396,303
PKD	Parkd Ltd	0.02	-31%	43,834	$2,952,732
AXP	AXP Energy Ltd	0.0015	-25%	22,376	$11,649,361
RCR	Rincon	0.03	-23%	216,893	$2,795,173
SCL	Schrole Group Ltd	0.2	-20%	4,579	$8,916,897
ADR	Adherium Ltd	0.004	-20%	4,681,129	$24,997,042
FCL	Fineos Corp Hold PLC	2.12	-17%	2,987,949	$817,136,471
M2M	Mtmalcolmminesnl	0.025	-17%	50,015	$2,393,025
AMD	Arrow Minerals	0.0025	-17%	1,870,000	$9,071,295
FAU	First Au Ltd	0.0025	-17%	9,826,365	$4,355,980
GSN	Great Southern	0.02	-17%	399,999	$17,164,168
LML	Lincoln Minerals	0.005	-17%	2,656,333	$8,524,271
PNX	PNX Metals Limited	0.0025	-17%	510,000	$16,141,874
RML	Resolution Minerals	0.005	-17%	432,211	$7,543,751
CI1	Credit Intelligence	0.155	-16%	12,705	$15,447,345
LGM	Legacy Minerals	0.13	-16%	50,000	$8,343,258
TMH	The Market Herald	0.27	-16%	5,344	$102,711,226
MDI	Middle Island Res	0.022	-15%	294,787	$3,657,114
SRZ	Stellar Resources	0.011	-15%	1,176,233	$13,077,535
YBR	Yellow Brick Road	0.056	-15%	22,248	$21,541,176
AEV	Avenira Limited	0.012	-14%	2,104,499	$24,220,101
BUR	Burleyminerals	0.12	-14%	254,387	$14,181,546
CNJ	Conico Ltd	0.006	-14%	507,925	$10,990,665