Australia’s bourse had its biggest decline since February 26 falling by over 2%.

The ASX 200 fell 2.1% to close at 7,248 and is down 5% since August 13. The ASX Emerging Companies Index fared worse, losing over 4% in its worst day since April 2020.

The worst sector was materials which shed 3.74%, followed by energy which lost 2.99% and tech which lost 2.75%.

Utilities was the only positive sector gaining 1.01% – possibly triggered by this morning’s takeover bid for energy network operator AusNet (ASX:AST).

Several other Asian markets were closed for holidays but the few that were opened followed the ASX’s fate, with Hong Kong down 3.4% hitting a 12 month low.

This followed a soft finish on Wall St last week as investors pondered disappointing consumer confidence data and anticipated the Federal Reserve outlining its plans to taper stimulus which is responsible for much of the rally in equity markets in the past 18 months, despite the pandemic.



Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
HNR Hannans Ltd 0.037 68 113462797
RMI Resource Mining Corp 0.021 40 3918401
MCM Mc Mining Ltd 0.165 32 37000
OEX Oilex Ltd 0.0045 29 9648461
DDT DataDot Technology 0.011 22 28289571
LEP ALE Property Group 5.68 21 2027452
TTI Traffic Technologies 0.042 20 137144
AST AusNet Services Ltd 2.36 19 14346188
IQ3 Iq3Corp Limited 0.125 19 60481
HMI Hiremii 0.11 18 354117
92E 92Energy 0.94 18 12293620
RDG Res Dev Group Ltd 0.055 17 728439
SRJ SRJ Technologies 0.295 16 162928
MCE Matrix C & E Ltd 0.15 15 799318
UUL Ultima Utd Ltd 0.9 15 33865
PPY Papyrus Australia 0.035 13 1839326
XST Xstate Resources 0.0045 13 14109382
WFL Wellfully Limited 0.185 12 2366184
OXX Octanex Ltd 0.038 12 577954
ANP Antisense Therapeut. 0.195 11 2798212
RNO Rhinomed Ltd 0.39 11 1155262
SGC Sacgasco Ltd 0.039 11 6664013
LSR Lodestar Minerals 0.01 11 6674355
Wordpress Table Plugin

Topping the charts was Hannans (ASX:HNR) an explorer that had no news today but recently pivoted into the lithium space and has been rewarded by shareholders ever since.

Energy network operator AusNet (ASX:AST) and pub owner ALE Property Group (ASX:LEP) climbed after receiving takeover offers.

Engineering firm Matrix (ASX:MCE) rose after winning a $4.2 million contract with offshore drilling contractor Transocean, to upgrade its ultra-deep water drillship modules.

Small cap oil play Oilex (ASX:OEX) told shareholders it was pushing to restart the production at the C-73 and C-77H wells after executing the sale and purchase agreement to purchase the Gujarat State Petroleum Company’s 55% participating interest in the Cambay Production Sharing Contract (PSC).



Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
CCE Carnegie Cln Energy 0.002 -33 14747469
PCL Pancontinental Oil 0.001 -33 224829
BAS Bass Oil Ltd 0.0015 -25 11177353
A3D Aurora Labs Limited 0.125 -24 1552695
AUK Aumake Limited 0.016 -24 8682797
FEX Fenix Resources Ltd 0.23 -22 15802672
VMY Vimy Resources Ltd 0.21 -21 20478857
MGL Magontec Limited 0.31 -21 47004
AGE Alligator Energy 0.085 -19 104576744
LHM Land Homes Grp Ltd 0.013 -19 63093
DYL Deep Yellow Limited 1.115 -19 4881498
GLA Gladiator Resources 0.045 -18 16132967
M24 Mamba Exploration 0.18 -18 215978
GGG Greenland Minerals 0.115 -18 10103499
PEN Peninsula Energy Ltd 0.28 -18 17325058
BOE Boss Energy Ltd 0.285 -17 34309809
BMN Bannerman Energy Ltd 0.31 -17 12815698
RCR Rincon 0.215 -17 220329
EMP Emperor Energy Ltd 0.045 -17 2473547
DCX Discovex Res Ltd 0.005 -17 4948648
PDN Paladin Energy Ltd 0.86 -17 51330150
BEM Blackearth Minerals 0.13 -16 2853716
EM2 Eagle Mountain 0.7 -16 1488629
Wordpress Table Plugin

Gladiator (ASX:GLA) fell after an exploration update for its Bendoc gold project in Victoria.


Merchant payments business Smartpay (ASX:SMP) provided a trading update to its shareholders. While lockdowns resulted in a 15.5% drop in revenue in August compared to June, the company reported 200 new terminals coming on board and said their impact would be noticed in the coming months.

Karoon Energy (ASX:KAR) made a full year net profit of US$4.4 million. It also reported producing 3.14 million of barrels from the Bauna oil field in Brazil since acquiring it last November.

The Australian Unity Office Fund (ASX:AOF) updated shareholders on its proposed merger with Australian Unity Diversified Property Fund (DPF). The deal was first proposed on July 7 but today shareholders were advised AOF will hold a slim majority (approximately 54%) of the new entity.

Biotech AdAlta (ASX:1AD) was granted $4 million in R&D rebate funding from the Victorian government. $2.4 million will be received by this month’s end with the balance to be paid by March 31 next year.

New Zealand Oil and Gas (ASX:NZO) told shareholders all conditions precedent for it to buy 3 oil assets in the NT from Central Petroleum were fulfilled. The company says the deal will be completed on October 1.

Upcoming logistics listee Zoom2u Technologies (ASX:Z2U) announced Telstra would use its platform for 2 hour delivery products. The company, which is due to list on Wednesday at 11am (AEST) said the deal would be beneficial but the materiality would be dependant on delivery volumes.




Centrex Metals (ASX:CXM) – extension fee update
Noronex (ASX:NRX) – project acquisition and capital raising
TerraCom (ASX:TER) – refinancing update
Vango Mining (ASX:VAN) – drilling results
Epsilon Healthcare (ASX:EPN) – material order


Culpeo Minerals (ASX:CPO) – price and volume query
Kogi Iron (ASX:KFE) – acquisition and capital raising
GWR Group (ASX:GWR) – material update to operations
Arcadia Minerals (ASX:AM7) – JORC resource
Hillgrove Resources (ASX:HGO) – capital raising
Sipa Resources (ASX:SRI) – capital raising
Blue Energy (ASX:BLU) – capital raising
Norwest Energy (ASX:NWE) – wireline log analysis results
Lake Resources (ASX:LKE) – technology agreement
Healthia (ASX:HLA) – capital raising