Rise and Shine: Everything you need to know about the ASX before it opens on Monday

Good morning everyone. On Stockhead today, how Guy Le Page spots a lithium winner, ASX stocks that are cooking with gas, and who wins when Victoria bans gas connections?

But first, the day ahead…

 

TRADING HALTS

These stocks went into trading halts on Friday and should be out in the coming days.

Raiden Resources (ASX:RDN) – The company has an announcement pending, regarding first reconnaissance results from its due diligence exercise on the South Roebourne project. Trading resumption expected by Tuesday.

Strandline Resources (ASX:STA) – Capital raising.

Maximus Resources (ASX:MXR) – Mineral resource estimate update at its Wattle Dam Gold Project.

Reach Resources (ASX:RR1) – Capital raising.

Anax Metals (ASX:ANX) – Capital raising.

Centaurus Metals (ASX:CTM) – Capital raising.

RemSense Technologies (ASX:REM) – Capital raising.

MRG Metals (ASX:MRQ) – Capital raising.

Viridis Mining and Minerals (ASX:VMM) – The company has a project acquisition announcement brewing.

Starpharma (ASX:SPL) – An announcement is coming, regarding a partnered program.

Yowie Group (ASX:YOW) – In not very plain English, this one has something to do with “facilitating an orderly market in the company’s securities pending a revised announcement to the market release on 27 July 2023 titled ‘Yowie Secures Bluey Merchandise Agreement’”.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1945.23 (-1.36%)

Silver: $US24.11 (-3.21%)

Nickel (3mth): $US21,755/t (+0.76%)

Copper (3mth): $US8,551/t (-0.77%)

Oil (WTI): $US79.65 (+1.1%)

Oil (Brent): $US83.59 (+0.81%)

Iron 62pc Fe: $US112.90/t (+0.01%)

AUD/USD: 0.6709  (+0.00%)

Bitcoin: $US29,191 (-1.01%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND

Madness. In Arizona.

For all you crypto lovers Stockhead’s Coinhead Twitter is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

FRIDAY’S ASX SMALL CAP LEADERS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

WordPress Table

Pointerra (ASX:3DP): +100% > The SaaS tech company shot up today on news out of the US that existing Pointerra customer Entergy, a Fortune 500 company, has selected Pointerra’s US EPC partners for its 10-year, US$15 billion grid resilience CAPEX program. That deal will see Pointerra’s AI-driven analytics platform used to identify and prioritise grid assets requiring remediation or replacement across the 10-year term of the program.

Phoslock (ASX:PET): +50% > Phoslock delivered its June quarterly on Friday, revealing a net cash outflow from operating activities of $0.62 million – much better than  the prior quarter, which recorded approximately $3.2 million in operating cash outflow.

Great Western Exploration (ASX:GTE): +37.8% > GTE’ rose last week following Monday’s news that the company had kicked off RC drilling at the Firebird gold project, testing a large soil anomaly.

The ‘large Ultrafine+ soil anomaly’ has an extent of 3.7km x 450m, with the current round of RC drilling designed to test below recent anomalous broad-spaced aircore drill results from highly weathered Archean Greenstone volcanic sediments and mafic units.

 

FRIDAY’S ASX SMALL CAP LAGGARDS

Here are the worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

WordPress Table

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