10 at 10: These ASX stocks are jostling for the top spot this morning
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Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data.
It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has commenced trading.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
Oil and gas microcap Red Sky Energy (ASX:ROG) led the charge after announcing it had identified 16 metres of net pay for its Killanoola project in South Australia.
Speaking of oil plays, Alaska focused 88 Energy (ASX:88E) rose after an operational update. It reported a surface hole at Merlin-1 was successfully drilled to 1,512 feet and drilling on the Merlin-1 production hole would commence imminently.
Among large caps casino operator, Crown Resorts (ASX:CWN), received an $8 billion takeover offer from US investment manager Blackstone at $11.85 a share.
Freedom Foods Group (ASX:FNP) re-entered the ASX after completing a recapitalisation – which was at a hefty discount to the price it last traded at.