Closing Bell: ASX starts the week higher, planned pump fizzles out

The ASX 200 rose 0.07%, closing at 7,529 points while the ASX Emerging Companies Index climbed 1.21% to close at 2,461.

Energy lost 1.68% and resources lost 1.09% but most other sectors gained with the best being tech which rose 1.15%.

TODAY’S BIGGEST WINNERS

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Code	Company	Price	%	Volume
EFE	Eastern Iron	0.029	123	383730380
PCL	Pancontinental Oil	0.0015	50	547998
AUH	Austchina Holdings	0.008	45	87427293
AAJ	Aruma Resources Ltd	0.12	41	7821019
OAK	Oakridge	0.002	33	548006
OEX	Oilex Ltd	0.004	33	500197
WOO	Wooboard Tech Ltd	0.002	33	3237404
ENR	Encounter Resources	0.25	32	5354600
AGE	Alligator Energy	0.059	31	108444315
MMI	Metro Mining Ltd	0.023	28	53277024
VIA	Viagold Rare Earth	0.053	26	13
EME	Energy Metals Ltd	0.29	26	237195
GGE	Grand Gulf Energy	0.03	25	21328277
EN1	Engage:Bdr Limited	0.005	25	9481330
ATC	Altech Chem Ltd	0.068	24	21845835
PAK	Pacific American Hld	0.021	24	8527560
AZY	Antipa Minerals Ltd	0.058	23	58207857
AFR	African Energy Res	0.044	22	944386
TIG	Tigers Realm Coal	0.018	20	17479175
VAL	Valor Resources Ltd	0.018	20	189760076
KEY	KEY Petroleum	0.003	20	366335
MOZ	Mosaic Brands Ltd	0.545	20	690121
CLA	Celsius Resource Ltd	0.031	19	5075367

Eastern Iron (ASX:EFE) unveiled an MOU to acquire and develop lithium projects.

Encounter Resources (ASX:ENR) climbed off the back of drilling results.

Mosaic Brands (ASX:MOZ) rose after unveiling a $32 million capital raising.

TODAY’S BIGGEST LOSERS

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Code	Company	Price	%	Volume
PUR	Pursuit Minerals	0.045	-24	38311369
BBT	Bluebet Holdings Ltd	1.935	-22	8055192
CGB	Cann Global Limited	0.004	-20	211002085
VIC	Victory Mines Ltd	0.002	-20	10458650
PDI	Predictive Disc Ltd	0.11	-17	24050996
RMI	Resource Mining Corp	0.015	-17	401989
WEC	White Energy Company	0.1	-17	135000
STM	Sunstone Metals Ltd	0.022	-15	38193212
LIN	Lindian Resources	0.023	-15	5521307
NCL	Netccentric Ltd	0.115	-15	6500
KNI	Kunikolimited	2.29	-15	3152227
PUA	Peak Minerals Ltd	0.018	-14	2804723
SCL	Schrole Group Ltd	0.009	-14	1000000
9SP	9 Spokes Int Limited	0.012	-14	2112461
TSC	Twenty Seven Co. Ltd	0.003	-14	125000
XST	Xstate Resources	0.003	-14	8626090
CAG	Caperangeltd	0.38	-14	154668
EQR	Eq Resources Limited	0.045	-13	3706353
RWD	Reward Minerals Ltd	0.13	-13	123473
COY	Coppermoly Limited	0.013	-13	138300
DLC	Delecta Limited	0.007	-13	24095281
SKS	SKS Tech Group Ltd	0.175	-13	54203
ADR	Adherium Ltd	0.015	-12	516344

Bluebet (ASX:BBT) fell after telling shareholders it withdraw its application for a sports betting license in Virginia.

ANNOUNCEMENTS YOU MAY’VE MISSED

Albion Resources (ASX:ALB) became the latest target by the ASX Pump and Dump Group on Telegram, but was paused just 4 minutes and 8 seconds into trading after gaining up to 31%. Trading recommenced after the company confirmed it had no price sensitive news and the stock closed today at 22 cents – no higher than it closed on Friday.

The ASX (ASX:ASX) released its monthly activity report for August. Listed companies raised $7.796 billion – 58% more capital than in August 2020 – an total trades were $37.36 billion, up 14% from 12 months ago.

Douugh (ASX:DOU) announced a partnership with P2P mobile payment app Beem It. The latter will promote Doough’s Goodments app to its 1.5 million registered customer base and look to build a more integrated solution.

Elmo Software (ASX:ELO) launched a new mobile, COVIDsecure, that would enable usinesses to track employees’ vaccination and test status. The company says this will help employers as the economy reopens and that it strengthens its customer offering.

Aussie Broadband (ASX:ABB) announced a ten year deal with VicTrack for the pair to swap access to their respective networks. VicTrack is a government business enterprise of the Victorian government and operates Victoria’s fibre assets.

Jadar Resources (ASX:JDR) released its maiden JORC Tin-Copper resource at the Mt Wells project in the Northern Territory with an Inferred Mineral Resource estimate of 4,10,000 tonnes at 0.74% tin and 0.21% copper. The company also announced it had completed its due diligence on the Mt Wells and Maranboy projects and anticipated completing the purchases (costing $6.5 million all up) soon.