Ever wondered what takes place on the NSX (ASX:NSX) — Australia’s secondary stock exchange — in a given month?

Stockhead has put together a January wrap, and activity was fairly quiet across the ~50 stocks that trade.

Starting with a summary of price movements, we counted four stocks on the index with a monthly gain, while four lost ground.

The other 40-odd were flat for the month on low volumes (or didn’t trade at all).

Here’s a summary of the January price action:

Code Company Sector Price 1-Jan Price 31-Jan % change
GO8 GoConnect Media 0.007 0.01 43%
DWY Dawney & Co Ltd Financials 0.18 0.195 8%
AB9 Aobo Environmental Technology Utilities 0.45 0.47 4%
SUG Sugar Terminals Limited Industrials 1.015 1.025 1%
218 Rofina Group Limited Consumer Disc 0.17 0.17 0%
8EP E-Plus Ltd Consumer Disc 0.11 0.11 0%
A2H Anti-Aging House Holding Limited Consumer Staples 0.21 0.21 0%
A88 AdvanceTC Limited IT 0.865 0.865 0%
AAT Australian Adventure Tourism Group Consumer Disc 0.05 0.05 0%
AC1 Air Change International Limited Industrials 0.08 0.08 0%
ACT Actcelerate International Group Financials 0.125 0.125 0%
AG1 Australia Sunny Glass Group Limited Industrials 0.37 0.37 0%
AID Australia & International Holdings Financials 3.15 3.15 0%
AR2 Arris Holdings Berhad Financials 0.12 0.12 0%
ASS Asset Resolution Limited Financials 4.81 4.81 0%
BTG Beroni Group Health Care 1.25 1.25 0%
CSH Canterbury Surrey Hills Finance Financials 0.95 0.95 0%
DCE Manningham Community Enterprises Financials 0.55 0.55 0%
E72 East 72 Holdings Limited Financials 0.3 0.3 0%
EGF East Gosford & Districts Financia Financials 0.26 0.26 0%
EIC Heidelberg District Community Financials 0.35 0.35 0%
ESC Endless Solar Corporation Limited Industrials 0.07 0.07 0%
FCF Fremantle Community Financial Financials 0.5 0.5 0%
FMI Florin Mining Investment Company Financials 0.13 0.13 0%
HBA Heritage Brands Limited Consumer Staples 0.031 0.031 0%
IGH i-Global Holdings Limited Industrials 0.25 0.25 0%
IIC Illuminator Investment Company Financials 0.31 0.31 0%
IM1 I M Quarries Limited Materials 0.3 0.3 0%
IQG The IQ Group Global Ltd Health Care 0.16 0.16 0%
IQX IQX Limited Financials 0.13 0.13 0%
KEM Kemao Industries Limited Materials 0.615 0.615 0%
KGI Kaizen Global Investments Limited Financials 1.14 1.14 0%
KTE K2 Energy Limited IT 0.045 0.045 0%
LCB Logan Community Financial Services Financials 0.6 0.6 0%
MIE Mie Pay Limited IT 0.1 0.1 0%
PEQ Pritchard Equity Limited Financials 0.36 0.36 0%
PMI Pegmont Mines Limited Materials 0.05 0.05 0%
SAL Smart Auto Australia Limited Consumer Disc 0.11 0.11 0%
SPS SenterpriSYS Limited IT 0.05 0.05 0%
SSC Sunshine Coast Community Financial Financials 0.8 0.8 0%
TG8 Saramanis Limited Consumer Staples 0.18 0.18 0%
VER Vertua Limited Financials 0.25 0.25 0%
VGX VGX Limited Materials 0.13 0.13 0%
VTL VGI Health Technology Limited Health Care 0.25 0.25 0%
WPH Winpar Holdings Ltd Financials 0.89 0.89 0%
OLX OliveX Holdings Limited Consumer Disc 1.95 1.9 -3%
HAO Haodex Ltd IT 0.45 0.415 -8%
BCT Bendigo Telco Ltd Telecommunications 1 0.9 -10%
PYX PYX Resources Limited Materials 1.625 1.39 -14%

An NSX IPO

While it was a quiet start to the year, the NSX did welcome a new entrant with the debut of GoConnect (NSX:GO8).

According to the NSX’s website, GoConnect listed just over a billion shares priced at 0.7c each, giving it a market cap of $7.129m.

GoConnect is a media communications platform that operates music websites and an online music TV channel.

Its annual report for the 2021 financial year showed the company booked operating revenues of $287,000.

A foreign exchange gain of $108,000 helped it register a net profit of $132,797.

The company had a net liability position of $2.822m, largely due to loans payable of more than $2.5m, including ~$1.5m payable within the next 12 months.

It closed out FY21 with around $88,000 in the bank. For the full 2021 financial year, it booked operating cash flows of $7,348.

After listing on January 5, GoConnect got off to a steady start before a transaction on January 31 which saw it lead the NSX market for monthly gains to begin the year.

On that day, 2,276,500 GO9 shares traded hands at 1c, resulting in a monthly post-IPO gain of 42.86%.

The buyer was listed as OpenMarkets, while the seller was Finclear Execution Ltd.

NSX laggards

At the other end of the NSX spectrum, PYX Resources Limited (NSX:PYX) led the laggards with a monthly decline of 14%.

While PYX cooled off a bit in January, it was one of the best performers on the NSX in 2021.

By the broader liquidity standards on the NSX, PYX Resources is one of the more frequently traded stocks.

PYX is a zircon producer which operates two deposits, Mandiri and Tisma, in the Central Kalimantan region of Indonesia.

The company has been in production since 2015, and its half-year results to June 2021 showed it booked revenues of US$4.6m, with rising sales volumes and positive market conditions that saw zircon prices climb from US$355 to US$1,750/t.

In a company presentation, PYX said it’s the world’s second largest producing mineral sands company based on zircon resources, with a “well-diversified portfolio of international blue-chip customers across key geographies and industrial sectors, with a major focus on China”.