The ASX had a positive finish to the week although it is in negative territory for the week.
The ASX 200 closed at 7,443 points which is up 0.83% from yesterday but slightly down from the 7,457 mark it closed at last Friday.
Today, the only sector in the red was healthcare while the best sector was resources which rose by 2.28% followed by tech which gained 1.82%.
TODAY’S BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Name | Price | % Change | Volume |
|---|---|---|---|---|
| PCL | Pancontinental Energ | 0.0015 | 50 | 5022500 |
| BD1 | Bard1 Life Sciences | 1.4 | 41 | 3033055 |
| VR1 | Vection Technologies | 0.215 | 34 | 23233525 |
| SKN | Skin Elements Ltd | 0.063 | 34 | 1617946 |
| ECT | Env Clean Tech Ltd. | 0.049 | 32 | 54349366 |
| BDG | Black Dragon Gold | 0.075 | 25 | 563526 |
| CCE | Carnegie Cln Energy | 0.0025 | 25 | 4478465 |
| BRN | Brainchip Ltd | 0.605 | 23 | 33961313 |
| LMG | Latrobe Magnesium | 0.16 | 23 | 70333475 |
| GRV | Greenvale Mining Ltd | 0.315 | 21 | 1345473 |
| AUA | Audeara | 0.145 | 21 | 290611 |
| ITM | Itech Minerals Ltd | 0.29 | 21 | 3353661 |
| ENX | Enegex Limited | 0.093 | 21 | 972196 |
| DNK | Danakali Limited | 0.51 | 20 | 989655 |
| REM | Remsensetechnologies | 0.45 | 20 | 594459 |
| YPB | YPB Group Ltd | 0.003 | 20 | 18820000 |
| CXL | Calix Limited | 7.34 | 20 | 1229051 |
| DEV | Devex Resources Ltd | 0.46 | 19 | 3888280 |
| RNE | Renu Energy Ltd | 0.125 | 19 | 6287049 |
| CMD | Cassius Mining Ltd | 0.019 | 19 | 1274395 |
| RMX | Red Mount Min Ltd | 0.013 | 18 | 30651055 |
| BNR | Bulletin Res Ltd | 0.085 | 18 | 2347876 |
| HMD | Heramed Limited | 0.265 | 17 | 1558733 |
iTech Minerals (ASX:ITM) rose after telling shareholders a resampling of historical drilling at its Ethiopia project confirmed rare earth potential.
Black Dragon Gold Corp (ASX:BDG) rose after an update on its efforts to win the approval of authorities in the Spanish Principality of Asturias after submitting its Environmental Impact Assessment (EIA) in July.
And Bard1 Life Sciences (ASX:BD1) obtained a new US patent.
TODAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Name | Price | % Change | Volume |
|---|---|---|---|---|
| MLS | Metals Australia | 0.002 | -33 | 43001641 |
| GGG | Greenland Minerals | 0.088 | -30 | 54540922 |
| OEX | Oilex Ltd | 0.003 | -25 | 1 |
| MHK | Metalhawk. | 0.33 | -23 | 2419878 |
| OVT | Ovato Limited | 0.0025 | -17 | 11 |
| NC6 | Nanollose Limited | 0.105 | -16 | 1895041 |
| SCT | Scout Security Ltd | 0.05 | -15 | 1465364 |
| IVT | Inventis Limited | 0.12 | -14 | 58305 |
| SIT | Site Group Int Ltd | 0.006 | -14 | 1756000 |
| PAK | Pacific American Hld | 0.02 | -13 | 6820487 |
| GNM | Great Northern | 0.007 | -13 | 3065005 |
| ROG | Red Sky Energy. | 0.007 | -13 | 4906189 |
| BXN | Bioxyne Ltd | 0.021 | -13 | 161095 |
| TOU | Tlou Energy Ltd | 0.064 | -12 | 2901313 |
| SER | Strategic Energy | 0.037 | -12 | 2123818 |
| XTE | Xtek Limited | 0.26 | -12 | 520832 |
| CRS | Caprice Resources | 0.19 | -12 | 175684 |
| LCD | Latitude Consolidate | 0.054 | -11 | 2867354 |
| AR9 | Archtis Limited | 0.235 | -11 | 2224749 |
| EVE | EVE Investments Ltd | 0.004 | -11 | 2831167 |
| MCT | Metalicity Limited | 0.008 | -11 | 4010510 |
Greenland Minerals (ASX:GGG) fell after the latest legislative developments in Greenland. The local parliament passed new legislation banning mining of mineral resources with uranium content of 100 parts per million or greater in the total resource.
ANNOUNCEMENTS YOU MAY’VE MISSED
Infratil Energy (ASX:IFT) announced a net parent surplus from continuing operations of $1.086 billion for the six months fo September 30. This was the largest net surplus in the company’s 27 year history although it was inflated by the sale of Tilt Renewables (ASX:TLT).
Speaking of M&A deals the $10.2 billion AusNet (ASX:AST) buyout passed one of the biggest hurdles – namely approval by the Foreign Investment Review Board (FIRB). The deal is still subject to a shareholder vote.
The Sustainable Nutrition Group (ASX:TSN) announced it was getting into the plant-based ingredients market. It announced a partnership with Australian Plant Proteins to develop a hemp concentrate, in a deal expected to be commercialised in the fourth quarter of FY22.
AusCann (ASX:AC8) announced plans for a cannabinoid trial in people with spinal cord injuries. The company says it expects the design phase to be complete in early 2022 and that the addressable market was US$6 billion.
Engineering and construction contractor Duratec (ASX:DUR) won a $50 million contract to help establish aircraft fuel infrastructure at the new Western Sydney Airport. Procurement will start immediately and works on site will start in 2022.
TRADING HALTS
Monday
Alicanto Minerals (ASX:AQI) – capital raising
Nexus Minerals (ASX:NXM) – capital raising
RooLife Group (ASX:RLG) – capital raising
Tanga Resources (ASX:TRL) – capital raising
Tuesday
Mont Royal Resources (ASX:MRZ) – capital raising
Murray Cod Australia (ASX:MCA) – capital raising
Eastern Iron (ASX:EFE) – strategic partnership
Dreadnought Resources (ASX:DRE) – exploration results
Invion (ASX:IVX) – capital raising