On Stockhead today, Reuben’s High Voltage column undresses all the news driving ASX lithium, cobalt, graphite, nickel, rare earths, manganese, magnesium, and vanadium stocks and exposes them to you, our dear unsuspecting and largely innocent readers.

Today it’s shock-horror episode #461 of Elon Musk’s Tesla moving our markets on their own –  announcing an obscenely huge Gigafactory expansion in Nevada.

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast.

And, my goodness. It’s an action packed morning ahead of an action packed week of central bank shenannigans, featuring Josh Chiat and the King of Coal no More, Eddy Sunarto and the low down on ChatGP, and Nadine and The Badman. Bevis. Me and Peter. Gregor is always lurking nearby. Em and Jess are causing distress.

But first, the day ahead…

 

TRADING HALTS

These companies are in them, or due to come out of them in a moment: 

Flight Centre Travel (ASX: FLT) – Capital raising comprising an institutional placement and a share purchase plan.

Security Matters (ASX:SMX) – Halt called pending an announcement in relation to the results of the Lionheart Shareholder meeting seeking to approve a merger.

Sprintex (ASX:SIX) – Capital raising.

Acumentis Group (ASX:ACU) – Capital raising.

AuTECO Minerals (ASX:AUT) – Capital raising.

Great Southern Mining (ASX:GSN) – Capital raising.

Hawsons Iron (ASX:HIO) – Capital raising.

Lode Resources (ASX:LDR) – Halt called pending the release of an announcement regarding the assay results from the drilling at its 100% owned Webbs Consol Silver project in NSW.

Carbon Revolution (ASX:CBR) – Halt called pending an announcement of CBR’s Appendix 4C and accompanying announcements in relation to a potential transaction with Twin Ridge Capital Acquisition.

Bounty Oil & Gas (ASX:BUY) – BUY intends to make an announcement in relation to PEP-11- Federal Court of Australia proceedings

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1928.30 (-0.90%)

Silver: $US23.91 (+0.02%)

Nickel (3mth): $US27,651/t (+4.40%)

Copper (3mth): $US9.342/t (+0.25%)

Oil (WTI): $US81.46 (+1.6%)

Oil (Brent): $US87.33 (+1.42%)

Iron 62pc Fe: $US124.50 (+0.00%)

AUD/USD: 0.7093 (-0.12%)

Bitcoin: $US23,005 (-2.53%)

 

WHAT GOT YOU TALKING?

This did. How good is it?!!

 

Keep up to date with Stockhead coverage or you could miss GOLD like that every day. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group 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.

 

ASX SMALL CAP LEADERS

Here were Tuesday’s best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
IHR intelliHR Limited 0.1075 71% 4,145,071 $21,419,440
MME Moneyme Limited 0.47 68% 1,895,416 $79,309,223
GLV Global Oil & Gas 0.0015 50% 1,768,533 $3,428,798
PRM Prominence Energy 0.0015 50% 10,231,468 $2,424,609
MTL Mantle Minerals Ltd 0.002 33% 941,342 $8,018,408
YPB YPB Group Ltd 0.004 33% 450,000 $1,219,638
HHI Health House Int Ltd 0.01 25% 532,348 $1,130,637
NTL New Talisman Gold 0.0025 25% 1,991,200 $6,254,451
LMLND Lincoln Minerals - Ordinary New 0.023 21% 7,881,623 $15,228,084
3DA Amaero International 0.18 20% 1,480,355 $62,319,032
HPP Health Plant Protein 0.06 20% 393,358 $6,141,037
RDN Raiden Resources Ltd 0.006 20% 55,000 $8,272,912
RMX Red Mount Min Ltd 0.006 20% 6,632,285 $9,941,744
WFL Wellfully Limited 0.021 17% 219,935 $7,040,668
ADY Admiralty Resources 0.007 17% 52,932 $7,821,475
AYT Austin Metals Ltd 0.007 17% 489,399 $6,095,248
NZS New Zealand Coastal 0.0035 17% 316,876 $3,381,015
BTN Butn Limited 0.18 16% 167,288 $12,147,178
WHK Whitehawk Limited 0.075 15% 2,204,921 $15,748,789
AR9 Archtis Limited 0.115 15% 559,256 $28,395,610
DLT Delta Drone Intl Ltd 0.008 14% 673,083 $3,581,235
GNM Great Northern 0.004 14% 882,416 $5,981,678
PIL Peppermint Inv Ltd 0.008 14% 2,556,668 $14,264,998
FLX Felix Group 0.12 14% 214,673 $16,455,570
BKY Berkeley Energia Ltd 0.4225 14% 881,426 $164,944,785
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Tuesday’s big winner is  IntelliHR (ASX:IHR) up 70.6% after news the company has entered into a scheme implementation deed and is steaming towards being acquired holus bolus by Humanforce Holdings.

The IHR board has unanimously backed the scheme, most likely because it is underpinned by a massively generous offer that implies an equity value of $38.6 million, an attractive premium for IHR shareholders of:

  • 75% premium to the last trading price of IHR shares on 30 January 2023
  • 77% premium to the 1-month volume weighted average price (“VWAP”) of IHR shares
  • 80% premium to the 4-month VWAP of IHR shares

Noice.

MoneyMe (ASX:MME), delivered expectation-beating statutory profits and record revenue for the quarter.

“Building from strong results in the first quarter, the momentum continued into the second quarter and has seen us upgrading our outlook on revenue and profit for the full year,” MoneyMe managing director Clayton Howes said.

“Our return to statutory profitability after a prolonged period of high growth is not only a result of a shift in near-term business strategy in response to the macro environment, it is also a continuation of our commitment to drive profitable growth and a testament to the quality and proficiency of our team,” he added.

MoneyMe was up 64.2% when the bell rang.

 

ASX SMALL CAP LAGGARDS

Here are the least performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
RGS Regeneus Ltd 0.022 -46% 2,318,395 $12,563,913
AHQ Allegiance Coal Ltd 0.026 -32% 33,444,750 $38,186,045
GFN Gefen Int 0.052 -26% 871,540 $4,767,009
BDT Birddog 0.145 -26% 925,912 $39,870,497
CCE Carnegie Cln Energy 0.0015 -25% 2,886,522 $31,285,147
MP1 Megaport Limited 5.82 -24% 7,514,201 $1,214,708,083
AW1 American West Metals 0.089 -23% 5,243,155 $17,733,968
BME Black Mountain Energy 0.035 -22% 503,668 $2,475,000
LML Lincoln Minerals 0.047 -22% 12,718,451 $34,499,021
ENV Enova Mining Limited 0.012 -20% 144,511 $5,863,940
LSR Lodestar Minerals 0.004 -20% 3,164,420 $8,692,187
3DP Pointerra Limited 0.185 -20% 2,738,005 $155,895,427
COY Coppermoly Limited 0.009 -18% 6,019 $24,133,526
W2V Way2Vatltd 0.018 -18% 1,153,846 $4,843,342
PBH Pointsbet Holdings 1.4 -17% 6,539,229 $518,283,228
AQI Alicanto Min Ltd 0.05 -17% 520,850 $26,772,817
GTG Genetic Technologies 0.0025 -17% 2,531,426 $27,701,895
RLG Roolife Group Ltd 0.01 -17% 219,300 $8,426,770
TZL TZ Limited 0.08 -16% 42,500 $21,157,271
NRX Noronex Limited 0.032 -16% 3,096,103 $9,078,314
REE Rarex Limited 0.065 -14% 5,964,185 $44,033,380
TMZ Thomson Res Ltd 0.018 -14% 906,546 $17,393,972
CHK Cohiba Min Ltd 0.006 -14% 1,987,018 $12,412,709
OPL Opyl Limited 0.03 -14% 67,399 $2,241,822
TMX Terrain Minerals 0.006 -14% 960,900 $6,338,660
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