10 at 10: These ASX stocks are rallying this morning
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Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade.
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 stock has commenced trading.
Stocks highlighted in yellow have made potentially market-moving announcements:
Aspire Mining (ASX: AKM) got the early jump after announcing a share placement and “strategic repositioning”.
The Mongolian metallurgical coal and infrastructure company says it plans to allocate $33.5m of stock to a single investor, Mr Tserenpuntsag Tserendamba. The offer was priced at 2.1 cents, a significant premium to yesterday’s closing value of 1.5 cents.
These 10 stocks were lagging the pack in morning trade: