Pic: Emmanuel Faure, Getty Images
Rise and Shine: Everything you need to know before the ASX opens
News
share
On Stockhead today, the microcaps, commodities and BNPLS that won March, a crypto legend rises again, and Guy Le Page says not today, Rona.
But first, the day ahead.
WHO’S LISTING?
MICROBA LIFE SCIENCES (ASX:MAP)
IPO: $30m at $0.45
Listing: 10:30am AEST
Microba has developed a technology for measuring the human gut microbiome.
It’s focused on delivering gut microbiome testing services globally to consumers, clinicians, and researchers; and driving the discovery and development of novel therapeutics for major chronic diseases.
TRADING HALTS
The following companies are in trading halts and are expected out in the coming days:
BPM Minerals (ASX:BPM) – capital raising
Sovereign Metals (ASX:SVM) – updated Mineral Resource Estimate at Kasiya rutile-graphite project
LawFinance (ASX:LAW) – capital raising
Payright (ASX:PYR) – capital raising
RPM Automotive Group (ASX:RPM) – two acquisitions
PVW Resources ASX:PVW) – capital raising
GTI Resources (ASX:GTR) – material acquisition, capital raising
Centrex (ASX:CXM) – capital raising
Energy NL (ASX:NWE) – capital raising
Orcoda (ASX:ODA) – capital raising
MARKETS (updated at 8am AEDT)
Gold: $US1,926.89 (+0.13%)
Silver: $US24.70 (+0.38%)
Oil (WTI): $US98.55 (-0.71%)
Oil (Brent): $US103.25 (-1.09%)
Aust Coking Coal (steelmaking): $599.30/t (-1.3%)
Newcastle Coal (thermal): $325.00/t (0.00%)
Iron 62pc Fe: $US154 (+0.65%)
AUD/USD: $US0.7516 (+0.25%)
Bitcoin: $US45,860 (-1.2%)
WHAT GOT YOU TALKING YESTERDAY?
“This near-term lithium miner has gained ~150% over the past month” https://t.co/tx3GfdBXGG $SYA $SYAXF #lithium #Quebec #EV #ESG #cleantech #cleanenergy
— SayonaMining (@SayonaMining) April 4, 2022
… and +3,000% since January 2021. That’s like turning an initial $5,000 investment into $150,000, or something.
Madness.
It was actually a good day for lithium stocks in general.
Every #lithium investor right now.$AZL $AZLAF @ArizonaLithium 🚀 $SYA $VML pic.twitter.com/v3eX51zUxx
— wognutz (@wognutz1) March 31, 2022
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
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 at 10.20am each day for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.
YESTERDAY’S BIGGEST SMALL CAP WINNERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Description | Price | % | Volume |
|---|---|---|---|---|
| TEE | TopEnd Energy | 0.355 | 77.5% | 1,434,229 |
| GED | Golden Deeps | 0.023 | 76.9% | 253,716,165 |
| ICN | Icon Energy Limited | 0.024 | 60.0% | 7,051,042 |
| PUR | Pursuit Minerals | 0.041 | 46.4% | 56,421,201 |
| CMX | Chemxmaterials | 0.3 | 36.4% | 2,204,059 |
| MRR | Minrex Resources Ltd | 0.088 | 33.3% | 44,723,932 |
| AVW | Avira Resources Ltd | 0.008 | 33.3% | 161,614,031 |
| NTL | New Talisman Gold | 0.002 | 33.3% | 4,022,215 |
| AZL | Arizona Lithium Ltd | 0.24 | 33.3% | 95,247,823 |
| SYA | Sayona Mining Ltd | 0.33 | 32.0% | 165,837,477 |
| LSR | Lodestar Minerals | 0.018 | 28.6% | 79,431,558 |
| LRS | Latin Resources Ltd | 0.185 | 27.6% | 129,271,828 |
| DRE | Dreadnought Resources | 0.049 | 25.6% | 71,473,799 |
| OXX | Octanex Ltd | 0.03 | 25.0% | 316,173 |
| WML | Woomera Mining Ltd | 0.025 | 25.0% | 34,540,077 |
| ARO | Astro Resources NL | 0.005 | 25.0% | 516,418 |
| EM1 | Emerge Gaming Ltd | 0.02 | 25.0% | 9,004,103 |
| PUA | Peak Minerals Ltd | 0.02 | 25.0% | 33,577,435 |
| QXR | Qx Resources Limited | 0.09 | 25.0% | 35,479,217 |
| BMM | Balkanminingandmin | 0.36 | 24.1% | 87,769 |
| CZL | Cons Zinc Ltd | 0.047 | 23.7% | 11,822,663 |
| GFN | Gefen Int | 0.395 | 23.4% | 55,998 |
| 1AG | Alterra Limited | 0.027 | 22.7% | 285,249 |
| ENT | Enterprise Metals | 0.022 | 22.2% | 12,515,320 |
| LRV | Larvottoresources | 0.275 | 22.2% | 1,853,728 |
Oil, gas and helium stock Top End Energy (ASX:TEE) soared on debut. The Queensland and NT focussed explorer raised $6.4m at 20c per share.
Golden Deeps (ASX:GED) pulled up “exceptional” copper-vanadium drilling intercepts in Namibia, including +50m at 3.6% copper equivalent.
And lithium favourite Sayona (ASX:SYA) gained after positive results from battery testing “reaffirm the high quality of Authier [project] spodumene”.
Product samples matched and performed equally as well as benchmark lithium hydroxide samples in commercial performance tests, SYA says.
TODAY’S BIGGEST SMALL CAP LOSERS
(Stocks highlighted in yellow rose after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| AJQ | Armour Energy Ltd | 0.01 | -37.5% | 69,174,207 |
| TEM | Tempest Minerals | 0.13 | -27.8% | 85,458,310 |
| YPB | YPB Group Ltd | 0.0015 | -25.0% | 2,104,836 |
| BRX | Belararoxlimited | 0.83 | -24.5% | 741,812 |
| AIZ | Air New Zealand | 0.89 | -22.6% | 16,430,698 |
| ROC | Rocketboots | 0.12 | -20.0% | 54,000 |
| GGX | Gas2Grid Limited | 0.002 | -20.0% | 4,130,000 |
| IMR | Imricor Med Sys | 0.55 | -19.7% | 58,355 |
| BWF | Blackwall Limited | 0.745 | -17.2% | 112,997 |
| AO1 | Assetowl Limited | 0.0025 | -16.7% | 7,715,000 |
| KEY | KEY Petroleum | 0.0025 | -16.7% | 5,307,379 |
| PCL | Pancontinental Energ | 0.005 | -16.7% | 27,021,179 |
| OVN | Oventus Medical Ltd | 0.036 | -14.3% | 772,027 |
| FEG | Far East Gold | 0.24 | -14.3% | 661,500 |
| SPX | Spenda Limited | 0.02 | -13.0% | 12,962,818 |
| CGA | Contango Asset | 0.68 | -12.8% | 555,000 |
| ESK | Etherstack PLC | 0.375 | -12.8% | 182,848 |
| RFR | Rafaella Resources | 0.041 | -12.8% | 1,482,551 |
| ADX | ADX Energy Ltd | 0.007 | -12.5% | 940,690 |
| CZR | CZR Resources Ltd | 0.007 | -12.5% | 1,932,782 |
| KFE | Kogi Iron Ltd | 0.007 | -12.5% | 8,075,591 |
| RR1 | Reach Resources Ltd | 0.007 | -12.5% | 9,391,635 |
| DMM | Dmcmininglimited | 0.175 | -12.5% | 932,428 |
| GCR | Golden Cross | 0.18 | -12.2% | 45,833 |
| GLE | GLG Corp Ltd | 0.26 | -11.9% | 11,306 |
