The ASX had a positive end to the week with the ASX 200 gaining 0.87% today taking its weekly gain to 1.9%.
All sectors gained with the best being resources which gained nearly 1.7%.
Australia’s rise was in line with the broader Asia-Pacific region thanks to concerns about a US default easing and China releasing better than expected economic data.
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 | Company | Price | % | Volume |
|---|---|---|---|---|
| RXH | Rewardle Holding Ltd | 0.02 | 54 | 48780131 |
| ANL | Amani Gold Ltd | 0.004 | 33 | 125970084 |
| VIC | Victory Mines Ltd | 0.002 | 33 | 127137184 |
| SHP | South Harz Potash | 0.12 | 33 | 4564574 |
| HNR | Hannans Ltd | 0.029 | 26 | 56549058 |
| BAS | Bass Oil Ltd | 0.0025 | 25 | 1836900 |
| CCE | Carnegie Cln Energy | 0.0025 | 25 | 1224069 |
| NTL | New Talisman Gold | 0.0025 | 25 | 45814171 |
| VIA | Viagold Rare Earth | 0.72 | 24 | 16600 |
| FFI | F.F.I. Holdings | 8.46 | 21 | 8600 |
| CKA | Cokal Ltd | 0.175 | 21 | 2670459 |
| IMC | Immuron Limited | 0.155 | 19 | 3062401 |
| PLY | Playside Studios | 0.465 | 19 | 2722114 |
| GTN | GTN Limited | 0.56 | 19 | 112141 |
| MHK | Metalhawk. | 0.58 | 18 | 1239052 |
| MCA | Murray Cod Aust Ltd | 0.39 | 18 | 1890062 |
| CRS | Caprice Resources | 0.21 | 17 | 92692 |
| DC2 | Dctwo | 0.21 | 17 | 210123 |
| ELT | Elementos Limited | 0.028 | 17 | 25760049 |
| KGL | KGL Resources Ltd | 0.6 | 17 | 322759 |
| BTR | Brightstar Resources | 0.037 | 16 | 1919428 |
| ZMM | Zimi Ltd | 0.015 | e | 523858 |
Rewardle Holdings (ASX:RXH) unveiled a deal that would see it earn equity in BNPL firm SplitPay.
Hannans’ (ASX:HNR) MoU to commercialise lithium-ion battery recycling technology in Scandinavia is progressing.
Biotech Immuron (ASX:IMC) jumped 19% this morning, after announcing a recent publication of the potential antiviral benefits of its lead drug, IMM-124E.
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 | Company | Price | % | Volume |
|---|---|---|---|---|
| SE1 | Sensera Ltd | 0.024 | -33 | 38305323 |
| CGB | Cann Global Limited | 0.004 | -20 | 6216367 |
| IPB | IPB Petroleum Ltd | 0.026 | -19 | 1777934 |
| MTC | Metalstech Ltd | 0.485 | -15 | 4205787 |
| EML | EML Payments Ltd | 3.16 | -15 | 20752861 |
| GGX | Gas2Grid Limited | 0.003 | -14 | 4703651 |
| ECT | Env Clean Tech Ltd. | 0.013 | -13 | 14441516 |
| PDZ | Prairie Mining Ltd | 0.305 | -13 | 405490 |
| EVE | EVE Investments Ltd | 0.0035 | -13 | 100000 |
| FFT | Future First Tech | 0.042 | -13 | 84000 |
| FGL | Frugl Group Limited | 0.038 | -12 | 445650 |
| LCK | Leigh Crk Energy Ltd | 0.115 | -12 | 2437314 |
| WC8 | Wildcat Resources | 0.039 | -11 | 13064667 |
| ATP | Atlas Pearls Ltd | 0.024 | -11 | 523160 |
| AYM | Australia United Min | 0.008 | -11 | 11111 |
| CAD | Caeneus Minerals | 0.016 | -11 | 27039366 |
| XST | Xstate Resources | 0.004 | -11 | 2445548 |
| AUN | Aurumin | 0.175 | -10 | 259598 |
| AEV | Avenira Limited | 0.009 | -10 | 6238961 |
| CVS | Cervantes Corp Ltd | 0.009 | -10 | 4732949 |
| DCX | Discovex Res Ltd | 0.0045 | -10 | 6372451 |
| OSX | Osteopore Limited | 0.28 | -10 | 120000 |
| ARO | Astro Resources NL | 0.005 | -9 | 182184 |
Sensera (ASX:SE1) plunged after telling shareholders it was not able to go ahead with its plans to provide rapid COVID testing in volumes that would make it commercially viable.
ANNOUNCEMENTS YOU MAY’VE MISSED
Engineering company Korvest (ASX:KOV) released updated profit guidance for FY22. It expects that the first half profit before tax will exceed $8 million as long as there are no further COVID-19 related construction shutdowns.
Elanor (ASX:ENN) announced its Healthcare Real Estate Fund acquired Highpoint Health Hub in Brisbane for $51.9 million. This is the sixth acquisition by the fund and takes the portfolio to over $267 million.
Lumos Diagnostics (ASX:LDX) agreed to withdraw an announcement outlining an economic evaluation of its FebriDx respiratory disease test. The company said it was not intended to constitute a financial forecast of the potential market for FebriDx.
Cynata Therapeutics (ASX:CYP) announced a planned Data Safety Monitoring Board (DSMB) review of Cynata’s MEND clinical trial was completed. The review recommended the trial continue unchanged.
Bardoc Gold (ASX:BDC) announced a 6:1 share consolidation subject to shareholder approval at its 30 November AGM. The company says the proposed consolidation would result in a more appropriate and effective capital structure.
Metcash (ASX:MTS) CEO Jeff Adams handed in his resignation to the board ending a 4 year tenure. Succeeding him will be Doug Jones, currently the CEO of South African company Massmart Wholesale.
TRADING HALTS
Monday
Seafarms Group (ASX:SFG) – project cost update
Alchemy Resources (ASX:ALY) – capital raising
Vanadium Resources (ASX:VR8) – capital raising
New Talisman Gold Mines (ASX:NTL) – rights issue update
Tuesday
Recce Pharmaceuticals (ASX:RCE) – cleansing notice correction
Suvo Strategic Minerals (ASX:SUV) – mineral resource estimate
4DS Memory (ASX:4DS) – technical update
Resource Mining Corporation (ASX:RMI) – disposal of sale shares
Antilles Gold (ASX:AAU) – capital raising
Nova Minerals (ASX:NVA) – drill results