It’s been a topsy turvy week, as local markets followed the lead of US stocks which in turn got rattled by the latest round of policy-tightening machinations by the US Federal Reserve.

But after three straight losing sessions, the good vibes returned on Friday as the ASX microcap Emerging Companies index posted a gain of around 1%.

Local investors flocked to a hot new IPO for the second straight session, as Noble Helium (ASX:NHE) almost doubled up with an auspicious debut.

Small cap resources stocks populated the bulk of the Friday winner’s list, following the big end of town where uranium plays and gold stocks had a good session.

Looking ahead, US stock futures are pointing slightly higher to end the week, after rebounding overnight following some nervous selloffs on Tuesday and Wednesday.



(Stocks highlighted in yellow rose after making announcements during the trading day).

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Code Description Price % Volume
ANL Amani Gold Ltd 0.002 100.0% 10,709,767
JAV Javelin Minerals Ltd 0.002 100.0% 2,377,150
NHE Noble Helium 0.395 97.5% 12,247,982
PCL Pancontinental Energ 0.008 60.0% 86,239,480
K2F K2Fly Ltd 0.235 34.3% 1,440,887
ALT Analytica Limited 0.002 33.3% 355,133
EVE EVE Health Group Ltd 0.002 33.3% 3,255,001
GGX Gas2Grid Limited 0.004 33.3% 3,959,999
SBR Sabre Resources 0.008 33.3% 31,698,268
OKR Okapi Resources 0.475 31.9% 2,580,453
ODE Odessa Minerals Ltd 0.017 30.8% 3,825,128
MRI MyRewards Intl 0.088 29.4% 3,314,854
GLA Gladiator Resources 0.033 26.9% 11,289,422
CBE Cobre 0.091 26.4% 4,364,558
CCE Carnegie Cln Energy 0.0025 25.0% 2,637,809
AOA Ausmon Resorces 0.011 22.2% 9,926,094
VRS Veris Ltd 0.079 21.5% 1,288,236
BMN Bannerman Energy Ltd 0.285 21.3% 43,037,095
ADN Andromeda Metals Ltd 0.115 21.1% 86,055,862
AGE Alligator Energy 0.11 20.9% 72,975,765
TOE Toro Energy Limited 0.029 20.8% 101,315,052
FAU First Au Ltd 0.018 20.0% 4,481,886
OEX Oilex Ltd 0.006 20.0% 3,380,382
VPR Volt Power Group 0.003 20.0% 2,221,832
AS2 Askarimetalslimited 0.765 19.5% 1,728,513
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Investors thought Noble looked like great value, after raising $10m in the IPO at 20c a share.

The company is focused on identifying, exploring and developing helium assets in United Republic of Tanzania. Once listed, it immediately shot to almost 40c for a day-one gain of 19.5c.

The Noble gains follow a similar IPO surge for WA-based graphite play International Graphite (ASX:IG6) yesterday.

Governance and compliance software company K2Fly (ASX:K2F) also outperformed in Friday trade, after flagging firm commitments for a $6.2m capital raise which will be cornerstoned by industry player Maptek.

Founded in Australia 41 years ago, Maptek is “the largest private mining software group in the world with annual revenues in excess of $120m”, K2Fly said.



(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
DCG Decmil Group Limited 0.135 -28.9% 4,552,534
SIT Site Group Int Ltd 0.005 -28.6% 2,072,100
YPB YPB Group Ltd 0.0015 -25.0% 2,798,309
SCL Schrole Group Ltd 0.008 -20.0% 1,197,827
LCY Legacy Iron Ore 0.032 -17.9% 77,493,559
RD1 Registry Direct 0.015 -16.7% 1,000,000
PTM Platinum Asset 1.895 -15.0% 19,212,157
HAW Hawthorn Resources 0.115 -14.8% 2,221,324
RDT Red Dirt Metals Ltd 0.565 -13.7% 4,775,048
GSM Golden State Mining 0.095 -13.6% 1,633,631
LV1 Live Verdure Ltd 0.24 -12.7% 25,767
ATU Atrum Coal Ltd 0.014 -12.5% 3,739,745
GEN Genmin 0.175 -12.5% 67,834
OXT Orexploretechnologie 0.105 -12.5% 269,860
TSL Titanium Sands Ltd 0.021 -12.5% 1,176,273
GTE Great Western Exp. 0.087 -12.1% 74,686
ERD Eroad Limited 3.27 -12.1% 376,251
LSR Lodestar Minerals 0.015 -11.8% 20,032,419
EUR European Lithium Ltd 0.12 -11.1% 23,228,390
ARO Astro Resources NL 0.004 -11.1% 12,500,000
ESH Esports Mogul Ltd 0.004 -11.1% 268,464
TSC Twenty Seven Co. Ltd 0.004 -11.1% 1,954,593
CGA Contango Asset 0.605 -11.0% 1,576
3MF 3D Metalforge 0.033 -10.8% 775,219
M24 Mamba Exploration 0.125 -10.7% 206,741
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Junior Perth investment firms Ozgrowth (ASX:OZG) and WestOz Investment company (ASX:WIC) have both announced the Supreme Court of Western Australia has approved mergers with Geoff Wilson’s WAM Capital (ASX:WAM).

The merger is due to become legally effective following lodgement of the court orders with ASIC, which Ozgrowth and WIC intend to do on Monday. Ozgrowth and WIC shareholders will receive WAM Capital scrip as part of the agreed deal. OZG and WIC shares will be suspended from trading on the ASX at the end of trading on Monday, April 11.

Roots Sustainable Agricultural Technologies (ASX:ROO) has signed a binding dealership agreement with UK agricultural project and technology provider TK Solutions for the sales, marketing, logistics, installation and post-sale service of its Root Zone Temperature Optimisation Technology (RZTO).

An initial exclusivity period of 12 months has been agreed for the large agricultural markets of the UK, Ireland and Austria. After the initial 12-month term an evaluation will be made by both parties to extend.


Cobre Limited (ASX:CBE) trading halt, pending an announcement with respect to an exploration program in Botswana and a response to a price and volume query from the ASX

Krakatoa Resources Limited (ASX:KTA) – trading halt, pending the announcement of material exploration results from its 100% owned Mt Clere REE Project

Ragnar Metals Limited (ASX:RAG) – trading halt, pending a significant announcement in relation to assay results from the Swedish drilling program