On Stockhead today, the hydrogen players tackling a hidden emissions crisis, why one expert loves Domain, and our day trader’s in the doghouse… again.
But first, the day ahead.
LOCAL DATA DUMP: MONDAY
- Speech from RBA Assistant Governor, Christopher Kent
TRADING HALTS
The following stocks went into trading halts Friday and are expected out in the coming days:
Hills (ASX:HIL) – capital raising
Lodestar Minerals (ASX:LSR) – pending exploration results
Celsius Resources (ASX:CLA) – an announcement in relation to a local partner for the MCB project in the Philippines
Auroch Minerals (ASX:AOU) – pending exploration results
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,988.08 (+3.59%)
Silver: $US22.62 (+4.11%)
Nickel (3mth): $US23,2636/t (+1.01%)
Copper (3mth): $US8518.50/t (+0.16%)
Oil (WTI): $US66.74 (-2.36%)
Oil (Brent): $US72.71 (-2.66%)
Iron 62pc Fe: $US132.00/t (0.00%)
AUD/USD: 0.6695 (+0.62%)
Bitcoin: $US27,044 (+0.82%)
WHAT GOT YOU TALKING OVER THE WEEKEND?
America calling in the biggest of guns, Warren Buffett.
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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.
LAST WEEK’S ASX SMALL CAP LEADERS
Here are the best performing ASX small cap stocks 13 – 17 Mar:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % Week | Market Cap |
|---|---|---|---|---|
| VTG | Vita Group Ltd | 0.145 | 79% | $24,622,056 |
| GWR | GWR Group Ltd | 0.11 | 75% | $35,333,832 |
| EAX | Energy Action Ltd | 0.165 | 50% | $4,453,119 |
| IEC | Intra Energy Corp | 0.006 | 50% | $4,234,690 |
| ROO | Roots Sustainable | 0.0015 | 50% | $1,039,220 |
| WBE | Whitebark Energy | 0.0015 | 50% | $9,697,329 |
| IHR | intelliHR Limited | 0.215 | 43% | $57,798,490 |
| MBK | Metal Bank Ltd | 0.029 | 38% | $7,188,624 |
| ADG | Adelong Gold Limited | 0.011 | 38% | $5,338,223 |
| B4P | Beforepay Group | 0.365 | 35% | $12,196,386 |
| 4DS | 4Ds Memory Limited | 0.051 | 34% | $63,629,914 |
| CCE | Carnegie Cln Energy | 0.002 | 33% | $31,285,147 |
| INP | Incentiapay Ltd | 0.004 | 33% | $5,060,255 |
| IS3 | I Synergy Group Ltd | 0.02 | 33% | $5,492,527 |
| VPR | Volt Power Group | 0.002 | 33% | $21,432,416 |
| XSTDA | Xstate Resources | 0.013 | 30% | $2,893,663 |
| MMI | Metro Mining Ltd | 0.013 | 30% | $61,093,615 |
| SMN | Structural Monitor. | 0.46 | 30% | $65,748,017 |
| WOO | Wooboard Tech Ltd | 0.009 | 29% | $2,299,549 |
| BOT | Botanix Pharma Ltd | 0.105 | 28% | $118,748,107 |
| AR3 | Austrare | 0.265 | 26% | $24,276,396 |
| EQS | Equitystorygroupltd | 0.053 | 26% | $1,955,159 |
| FGL | Frugl Group Limited | 0.01 | 25% | $7,648,496 |
| PUA | Peak Minerals Ltd | 0.005 | 25% | $5,206,883 |
| RTH | Ras Tech | 0.52 | 24% | $20,910,949 |
| ZNO | Zoono Group Ltd | 0.074 | 23% | $11,772,816 |
| PYR | Payright Limited | 0.027 | 22% | $3,839,324 |
| RMS | Ramelius Resources | 1.165 | 21% | $978,038,512 |
| VAR | Variscan Mines Ltd | 0.023 | 21% | $6,134,837 |
| WGX | Westgold Resources. | 1.1 | 21% | $513,880,662 |
| REC | Rechargemetals | 0.145 | 21% | $5,571,300 |
| DLT | Delta Drone Intl Ltd | 0.012 | 20% | $5,116,049 |
| EDE | Eden Inv Ltd | 0.006 | 20% | $17,588,666 |
| MGU | Magnum Mining & Exp | 0.018 | 20% | $12,687,812 |
| IVR | Investigator Res Ltd | 0.042 | 20% | $57,486,546 |
| NGY | Nuenergy Gas Ltd | 0.042 | 20% | $53,314,398 |
| RSG | Resolute Mining | 0.33 | 20% | $670,637,069 |
| KCN | Kingsgate Consolid. | 1.79 | 19% | $334,193,884 |
| VHT | Volpara Health Tech | 0.81 | 19% | $194,378,780 |
| CI1 | Credit Intelligence | 0.19 | 19% | $16,282,336 |
| EEL | Enrg Elements Ltd | 0.026 | 18% | $23,230,856 |
| STN | Saturn Metals | 0.165 | 18% | $24,247,764 |
| IME | Imexhs Limited | 0.5 | 18% | $18,178,950 |
| DXN | DXN Limited | 0.0035 | 17% | $6,024,602 |
| AGG | AngloGold Ashanti | 5.83 | 16% | $510,268,416 |
| PKD | Parkd Ltd | 0.022 | 16% | $2,240,003 |
| CMG | Criticalmineralgrp | 0.185 | 16% | $5,649,081 |
| SIX | Sprintex Ltd | 0.045 | 15% | $9,919,819 |
| RXL | Rox Resources | 0.265 | 15% | $57,210,336 |
| TGN | Tungsten Min NL | 0.115 | 15% | $86,505,570 |
Gold miners Ramelius (ASX:RMS), Resolute Mining (ASX:RSG), Westgold (ASX:WGX) and AngloGold Ashanti (ASX:AGG) surged as the gold price marched toward US$2,000/oz.
The Aussie price of $2,964/oz is currently at record highs – great news for local producers.
Kingsgate Consolidated (ASX:KCN) picked a good week to restart mining at the 3.4Moz Chatree gold mine in Thailand, which is expected to produce ~110,000ozpa once fully ramped up over an initial 8-10 year life, at an all in sustaining cost of ~US$1,193/oz.
Vita Group (ASX:VTG) received an all-cash takeover offer from Practice Management at $0.06255 per share.
Under the terms of the deal, VTG will be permitted to pay a fully franked special dividend of up to $0.06425 per VTG share on or before the scheme implementation date.
It’s a big win for VTG shareholders, who would be in line for a total value of up to $0.12680 per VTG share, before the benefit of any franking credits.
Similarily, HR tech stock IntelliHR (ASX:IHR) scored a takeover counteroffer from The Access Group (TAG) over the top of a bid by Humanforce Holdings.
Humanforce had originally offered up $0.11 per share for IHR, which TAG tried to knock off the table with a $0.14 bid of its own, before Humanforce upped its bid to $0.165.
Now the top offer stands with TAG at 20c per share, valuing the company at ~$70m.
Which looks great unless you are a long-term holder. IHR listed in January 2018 at 30c per share and peaked at ~49c in December 2020.
LAST WEEK’S ASX SMALL CAP LAGGARDS
Here are the worst performing ASX small cap stocks 13 – 17 Mar:
Swipe or scroll to reveal full table. Click headings to sort:
| Code | Company | Price | % Week | Market Cap |
|---|---|---|---|---|
| OSL | Oncosil Medical | 0.016 | -52% | $30,821,510 |
| C29 | C29Metalslimited | 0.12 | -43% | $5,377,698 |
| FIJ | Fiji Kava Limited | 0.004 | -43% | $1,538,404 |
| BNO | Bionomics Limited | 0.026 | -40% | $39,655,856 |
| MME | Moneyme Limited | 0.115 | -36% | $33,989,667 |
| BEX | Bikeexchange Ltd | 0.009 | -36% | $8,386,588 |
| HFY | Hubify Ltd | 0.023 | -34% | $11,411,135 |
| AVW | Avira Resources Ltd | 0.002 | -33% | $4,267,580 |
| KEY | KEY Petroleum | 0.001 | -33% | $1,967,928 |
| PHL | Propell Holdings Ltd | 0.03 | -33% | $3,396,263 |
| TD1 | Tali Digital Limited | 0.002 | -33% | $8,325,467 |
| HTA | Hutchison | 0.041 | -32% | $651,480,412 |
| FIN | FIN Resources Ltd | 0.011 | -31% | $7,895,717 |
| OSX | Osteopore Limited | 0.085 | -31% | $11,030,206 |
| TTA | TTA Holdings Ltd | 0.016 | -30% | $2,198,775 |
| MXO | Motio Ltd | 0.032 | -29% | $9,673,082 |
| LMLND | Lincoln Minerals - Ordinary New | 0.01 | -29% | $8,174,781 |
| W2V | Way2Vatltd | 0.01 | -29% | $2,201,519 |
| KLI | Killiresources | 0.08 | -27% | $3,357,500 |
| ARV | Artemis Resources | 0.011 | -27% | $18,737,020 |
| CY5 | Cygnus Metals Ltd | 0.25 | -26% | $50,565,408 |
| BMM | Balkanminingandmin | 0.27 | -26% | $12,088,444 |
| 5GG | Pentanet | 0.1225 | -26% | $35,497,286 |
| WR1 | Winsome Resources | 1.555 | -25% | $240,618,288 |
| CLZ | Classic Min Ltd | 0.0015 | -25% | $3,307,654 |
| DDT | DataDot Technology | 0.003 | -25% | $3,632,858 |
| EX1 | Exopharm Limited | 0.012 | -25% | $1,729,327 |
| OPA | Optima Technology | 0.03 | -25% | $6,957,323 |
| PKO | Peako Limited | 0.009 | -25% | $3,792,153 |
| SIH | Sihayo Gold Limited | 0.0015 | -25% | $9,153,192 |
| A11 | Atlantic Lithium | 0.49 | -25% | $302,870,830 |
| BUR | Burleyminerals | 0.2 | -25% | $11,975,799 |
| INV | Investsmart Group | 0.2 | -25% | $28,243,840 |
| HMY | Harmoney Corp Ltd | 0.39 | -24% | $40,622,235 |
| BAS | Bass Oil Ltd | 0.125 | -24% | $33,489,659 |
| EIQ | Echoiq Ltd | 0.11 | -24% | $50,192,106 |
| ENX | Enegex Limited | 0.019 | -24% | $4,222,900 |
| BLG | Bluglass Limited | 0.057 | -24% | $80,973,102 |
| PVT | Pivotal Metals Ltd | 0.035 | -24% | $17,081,176 |
| PR1 | Pureresourceslimited | 0.2075 | -24% | $5,155,752 |
| QHL | Quickstep Holdings | 0.29 | -24% | $23,669,651 |
| CYL | Catalyst Metals | 0.9775 | -24% | $147,254,044 |
| MAN | Mandrake Res Ltd | 0.039 | -24% | $24,528,657 |
| NGS | NGS Ltd | 0.026 | -24% | $3,855,994 |
| JRV | Jervois Global Ltd | 0.13 | -24% | $280,700,230 |
| DES | Desoto Resources | 0.115 | -23% | $6,325,173 |
| ASQ | Australian Silica | 0.04 | -23% | $11,266,415 |
| BLZ | Blaze Minerals Ltd | 0.01 | -23% | $3,675,082 |
| BUS | Bubalusresources | 0.15 | -23% | $4,270,676 |
| AQC | Auspaccoal Ltd | 0.135 | -23% | $45,150,424 |