It’s a good day to be into things that keep the world running.
China is now paying twice as much as it needs to for hard coking coal, simply because it’s chucked a hissy and won’t buy Australian.
Fortsecue is heading for its third straight day of gains to open the new year, up to $25.69 as iron catches another 5 per cent rocket in 2021. Less than nine months ago FMG was trading as low as $8.58.
And last night, Saudi Arabia announced a surprise oil production cut of an extra 1 million barrels per day throughout February and March.
Oil prices climbed 5% and not surprisingly, pulled along a heap of related ASX plays. Three of the top five ASX200 winners were into Texas Tea.
That all made for a buoyant night on the major US indices, and Futures are pointing to much the same tonight.
Or maybe it’s all just general positivity over this huge new directive from Pizza Hut that any order over $10 gets you another stuffed crust pizza minus the pizza:
https://twitter.com/pizzahut/status/1346486689745809408?ref_src=twsrc%5Etfw
*Offer only available in Los Angeles and Dallas.
Meanwhile in Australia, health officials have learned a bloke with the corona who visited Chadstone Shopping Centre also dropped into the ‘G for a bit of Boxing Day cricket.
Assume brace positions.
Here’s what’s happened in ASX small caps so far:
WINNERS
Here are the best performing ASX small cap stocks at 12pm Wednesday January 6:
Swipe or scroll to reveal the full table. Click headings to sort.
Code Name Price % Change Volume Market Cap LIO Lion Energy Limited 0.06 50.00 15,198,212 8,296,072 CLZ Classic Min Ltd 0.00 50.00 118,143,911 16,734,968 DTR Dateline Resources 0.00 50.00 7,574,260 16,420,156 PCL Pancontinental Oil 0.00 50.00 6,414,999 5,406,715 ELT Elementos Limited 0.01 37.50 159,756,085 25,970,611 BAS Bass Oil Ltd 0.00 33.33 1,529,000 5,013,210 MTB Mount Burgess Mining 0.01 33.33 4,646,623 3,960,893 OEX Oilex Ltd 0.00 33.33 156,000 6,243,195 KTE K2 Energy Ltd 0.05 31.43 15,574,758 10,523,000 TRU Truscreen 0.09 31.43 2,453,626 25,267,638 AGE Alligator Energy 0.01 30.00 40,476,683 23,539,930 BLY Boart Longyear 0.66 29.41 224,256 45,141,018 LITCF Lithium Australia NL 0.01 27.27 3,067,711 1,417,471 PDZ Prairie Mining Ltd 0.32 25.49 798,814 58,230,548 CZN Corazon Ltd 0.00 25.00 666,683 6,506,718 RMI Resource Mining Corp 0.01 25.00 111,000 2,370,139 CDT Castle Minerals 0.01 22.22 4,407,133 6,592,507 RNX Renegade Exploration 0.01 22.22 144,098,695 7,763,640 VKA Viking Mines Ltd 0.04 22.22 20,000,999 15,811,380 KRM Kingsrose Mining Ltd 0.05 21.05 12,004,292 27,740,279 SER Strategic Energy 0.05 20.51 508,801 6,240,008 EFE Eastern Iron 0.01 20.00 9,060,328 4,736,854 NAE New Age Exploration 0.02 19.23 21,051,556 15,431,395 RLC Reedy Lagoon Corp. 0.02 18.75 3,930,221 7,515,741 CHK Cohiba Min Ltd 0.03 18.52 21,181,351 36,852,778
LOSERS
Here are the worst performing ASX small cap stocks at 12pm Wednesday January 6:
Swipe or scroll to reveal the full table. Click headings to sort.
Code | Name | Price | % Change | Volume | Market Cap |
---|---|---|---|---|---|
ANL | Amani Gold Ltd | 0.001 | -33.33 | 5,206,674 | 14,080,495 |
MLS | Metals Australia | 0.0015 | -25.00 | 804,000 | 8,381,807 |
SBW | Shekel Brainweigh | 0.18 | -14.29 | 90,300 | 29,190,000 |
MCM | Mc Mining Ltd | 0.16 | -13.51 | 6,800 | 28,567,618 |
AUH | Austchina Holdings | 0.007 | -12.50 | 476,999 | 13,072,995 |
FPL | Fremont Petroleum | 0.0035 | -12.50 | 175,000 | 18,700,717 |
ABV | Adv Braking Tech Ltd | 0.031 | -11.43 | 326,917 | 13,270,207 |
FGL | Frugl Group Limited | 0.039 | -11.36 | 31,272 | 7,084,000 |
A1G | African Gold Ltd. | 0.24 | -11.11 | 168,274 | 12,933,136 |
TZN | Terramin Australia | 0.04 | -11.11 | 5,727 | 95,245,322 |
JCS | Jcurve Solutions | 0.025 | -10.71 | 30,000 | 9,193,616 |
NCL | Netccentric Ltd | 0.07 | -10.26 | 11,954 | 20,475,000 |
DRX | Diatreme Resources | 0.018 | -10.00 | 5,224,613 | 51,459,133 |