Rise and Shine: Everything you need to know before the ASX opens

(Photo by Peter Macdiarmid/Getty Images)
On Stockhead today, There’s a lot of movement at the station, as the Resources Sector stocks dominate most of the new pole positions on the March S&P ASX 300.
But first the day ahead…
DATA DUMP: Friday
- NZ business PMI
TRADING HALTS
The following stocks went into trading halts yesterday and are expected out in the coming days:
Azure Minerals (ASX:AZS) – Corporate investment in Azure is being finalised
Exopharm (ASX:EX1) – Capital raising
Castle Minerals (ASX:CDT) – Capital raising
Bluglass (ASX:BLG) – Capital raising
Titanium Sands (ASX:TSL) – Resource update from the Mannar Island project
Atlantic Lithium (ASX:A11) – A11 is preparing a response to an online report alleging corruption at its lithium play in Ghana
Piedmont Lithium (ASX:PLL) – Piedmont’s taking damage from the Atlantic Lithium allegations and is prepping a statement of its own
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,819.80 (+1.04%)
Silver: $US20.14 (+0.71%)
Nickel (3mth): $US23,974/t (-0.71%)
Copper (3mth): $US8763.50/t (-1.76%)
Oil (WTI): $US75.67 (-1.09%)
Oil (Brent): $US81.95 (-1.21%)
Iron 62pc Fe: $US128.5/t (-0.39%)
AUD/USD: 0.6599 (+0.12%)
Bitcoin: $US20,833 (-5.33%)
WHAT GOT YOU TALKING YESTERDAY?
Yesterday, Atlantic Lithium (ASX:A11) and partner Piedmont Lithium (ASX:PLL) were hit with an attempted takedown by US short seller Blue Orca Capital.
The response is in from A11, which refutes all the claims. How will investors react?
Atlantic Lithium – Response to Online Report & Restoration of Trading
Statement in response to the false and misleading report (the “Report”) regarding its partner Piedmont Lithium Inc. released by Blue Orca Capital on 08 March 2023.https://t.co/OVyS6ORv8u#ALL #A11 $ALLIF pic.twitter.com/dPGRGuCX0m
— Atlantic Lithium (@AtlanticLithium) March 9, 2023
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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.
YESTERDAY’S ASX SMALL CAP LEADERS
Here are yesterday’s best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
MEB | Medibio Limited | 0.0015 | 50% | 1,913,085 | $4,150,594 |
PRM | Prominence Energy | 0.0015 | 50% | 270,000 | $2,424,609 |
POL | Polymetals Resources | 0.27 | 46% | 152,691 | $8,358,798 |
ADG | Adelong Gold Limited | 0.01 | 43% | 9,402,161 | $3,736,756 |
INP | Incentiapay Ltd | 0.004 | 33% | 302,579 | $3,795,191 |
HCT | Holista CollTech Ltd | 0.019 | 27% | 10,000 | $4,182,001 |
NC6 | Nanollose Limited | 0.05 | 25% | 85,972 | $5,955,455 |
EMU | EMU NL | 0.0025 | 25% | 12,250,588 | $2,900,043 |
HFY | Hubify Ltd | 0.028 | 22% | 298,948 | $11,411,135 |
IS3 | I Synergy Group Ltd | 0.019 | 19% | 3,000 | $4,625,286 |
NIM | Nimyresourceslimited | 0.235 | 18% | 206,927 | $13,553,760 |
EQS | Equitystorygroupltd | 0.049 | 17% | 140,521 | $1,549,371 |
AR3 | Austrare | 0.28 | 17% | 456,753 | $22,848,372 |
TYM | Tymlez Group | 0.014 | 17% | 72,945 | $13,106,344 |
CMG | Criticalmineralgrp | 0.185 | 16% | 146,047 | $4,885,692 |
14D | 1414 Degrees Limited | 0.069 | 15% | 185,443 | $12,119,127 |
IVR | Investigator Res Ltd | 0.041 | 14% | 14,089,071 | $51,737,892 |
B4P | Beforepay Group | 0.33 | 14% | 201,158 | $10,105,577 |
TI1 | Tombador Iron | 0.025 | 14% | 403,759 | $47,013,612 |
PPK | PPK Group Limited | 1.05 | 14% | 252,597 | $82,592,596 |
EMC | Everest Metals Corp | 0.085 | 13% | 212,257 | $7,982,483 |
FODDB | The Food Revolution | 0.09 | 13% | 45,809 | $18,935,233 |
AVE | Avecho Biotech Ltd | 0.009 | 13% | 1,322,897 | $14,702,955 |
RR1 | Reach Resources Ltd | 0.0045 | 13% | 540,197 | $9,510,203 |
POD | Podium Minerals | 0.1 | 12% | 422,348 | $29,953,744 |
Sihayo Gold (ASX:SIH) reported “exciting” gold results from its latest underground drilling program in Indonesia, including several +5m thick, +5g/t intersections from between 200-300m depth.
Prescient Therapeutics (ASX:PTX) has been granted Orphan Drug Designation (ODD) from the US Food and Drug Administration for its PTX-100 drug for the treatment of T cell lymphomas.
Cavalier Resources (ASX:CVR) has added the Maleta Creek nickel-cobalt project – immediately west of Glencore’s Murrin Murrin nickel-cobalt operation — to its exploration portfolio.
Department store Myer (ASX:MYR) climbed 16% after releasing its half-year results.
The retailer reported 24% increase in on pcp to sales of $1.885 billion, for a bottom line NPAT of $65 million which was double the profit it made in the pcp.
YESTERDAY’S ASX SMALL CAP LOSERS
Here are yesterday’s worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
AUN | Aurumin | 0.032 | -38% | 7,940,594 | $9,295,427 |
ATU | Atrum Coal Ltd | 0.0045 | -36% | 19,988,211 | $9,741,894 |
GCY | Gascoyne Res Ltd | 0.1075 | -36% | 10,427,628 | $100,889,243 |
MCT | Metalicity Limited | 0.002 | -33% | 425,000 | $10,513,618 |
XST | Xstate Resources | 0.001 | -33% | 600,000 | $4,822,772 |
KNB | Koonenberrygold | 0.055 | -27% | 235,500 | $5,681,733 |
GTG | Genetic Technologies | 0.003 | -25% | 4,479,098 | $46,166,633 |
OAU | Ora Gold Limited | 0.003 | -25% | 21,620,863 | $3,936,925 |
RCL | Readcloud | 0.072 | -20% | 257,610 | $10,965,356 |
SIX | Sprintex Ltd | 0.039 | -19% | 77,445 | $12,209,008 |
1MC | Morella Corporation | 0.009 | -18% | 60,969,470 | $67,084,385 |
RTG | RTG Mining Inc. | 0.05 | -17% | 15,384 | $47,777,478 |
YPB | YPB Group Ltd | 0.005 | -17% | 1,945,944 | $2,439,277 |
NOR | Norwood Systems Ltd. | 0.022 | -15% | 1,851,683 | $10,072,400 |
ERW | Errawarra Resources | 0.155 | -15% | 47,000 | $11,041,980 |
CPT | Cipherpoint Limited | 0.006 | -14% | 254,392 | $8,005,717 |
CYQ | Cycliq Group Ltd | 0.006 | -14% | 150,171 | $2,432,617 |
ERL | Empire Resources | 0.006 | -14% | 2,000,000 | $7,790,544 |
GES | Genesis Resources | 0.006 | -14% | 166,800 | $5,479,889 |
GLVDB | Global Oil & Gas | 0.012 | -14% | 731,601 | $4,800,330 |
SI6 | SI6 Metals Limited | 0.006 | -14% | 3,443,507 | $10,467,762 |
TMX | Terrain Minerals | 0.006 | -14% | 229,328 | $7,582,395 |
RNT | Rent.Com.Au Limited | 0.031 | -14% | 100,000 | $18,491,552 |
CMG | Criticalmineralgrp | 0.16 | -14% | 28,547 | $5,649,081 |
AEI | Aeris Environmental | 0.034 | -13% | 115,408 | $9,580,137 |
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