Rise and Shine: Everything you need to know before the ASX opens
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News
Righto… Before I get too far into the meat of this morning’s pre-market information power-dump, let’s all just take a moment to think about what happened yesterday, and reflect on what each of us could have done differently to avoid the 1.3% pasting the market endured.
Here’s hoping that today works out a bit better than that, which is an entirely achievable outcome, provided we all collectively grow a pair, and stop panic-selling our entire portfolios to buy pallets of bottled water, tinned beans and – of course – about 9 Amazons’ worth of triple-ply toilet paper.
That will rely on making sure that you’re all informed, and armed with the nuggets of knowledge that help to sort the wheat from the chaff, the winners from the losers and – dare I say it – the arseholes from the elbows when the time comes to buy shares that you’ll still love and cherish for months, if not years, to come.
To that end, Nadine McGrath has delivered Part II of her deep dive into the most current iteration of Gold Fever in Victoria – an often chronic condition whose symptoms include loss of a sense of trust, frequent self-induced poverty and occasional pirate-like outbursts.
And Earlybird Eddy’s back on the keys this morning, too, wading into the cutting edge topic of July’s big winners in InfoTech.
The man they call Joah, Josh Chiat, ran his flawless ruler over all the commodity performances in July, while Jess Cummins broke bread with legendary geophysicist Amanda Buckingham.
And this site is free. Incredible, we know.
And, as always, to get your day started off on the right foot, below you will find the data and digits and other fine things you should probably get your head around before things kick off at 10:00am.
Gold: $US1934.91 (-0.5%)
Silver: $US23.70 (-2.59%)
Nickel (3mth): $US21,550/t (-3.61%)
Copper (3mth): $US8506/t (-1.45%)
Oil (WTI): $US79.65 (-2.11%)
Oil (Brent): $US83.40 (-1.77%)
Iron 62pc Fe: $US107.41/t (-0.84%)
AUD/USD: 0.6540 (+0.3%)
Bitcoin: $US29,166 (-0.1%)
Here are the best performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
DXN | DXN Limited | 0.0015 | 50% | 4,057,419 | $1,721,315 |
MEB | Medibio Limited | 0.0015 | 50% | 932,329 | $5,150,594 |
BDX | Bcaldiagnostics | 0.115 | 44% | 6,543,048 | $10,887,577 |
AHN | Athena Resources | 0.008 | 33% | 4,614,715 | $6,422,805 |
YPB | YPB Group Ltd | 0.004 | 33% | 660,090 | $2,230,384 |
AW1 | Americanwestmetals | 0.25 | 25% | 46,326,070 | $69,069,676 |
AJQ | Armour Energy Ltd | 0.0025 | 25% | 8,056 | $9,842,684 |
THR | Thor Energy PLC | 0.005 | 25% | 200,000 | $5,837,166 |
NYR | Nyrada Inc. | 0.041 | 24% | 134,641 | $5,148,287 |
DCN | Dacian Gold Ltd | 0.115 | 22% | 611,839 | $114,379,288 |
VKA | Viking Mines Ltd | 0.011 | 22% | 6,780 | $9,227,326 |
NME | Nex Metals Explorat | 0.017 | 21% | 32,000 | $4,935,455 |
DC2 | Dctwo | 0.023 | 21% | 150,000 | $2,483,606 |
ODY | Odyssey Gold Ltd | 0.03 | 20% | 455,439 | $19,138,445 |
BNO | Bionomics Limited | 0.012 | 20% | 6,309,909 | $14,687,354 |
CYQ | Cycliq Group Ltd | 0.006 | 20% | 5,987 | $1,737,583 |
HLX | Helix Resources | 0.006 | 20% | 18,922,067 | $11,615,729 |
PRX | Prodigy Gold NL | 0.006 | 20% | 536,751 | $8,755,539 |
TIG | Tigers Realm Coal | 0.006 | 20% | 1,577,857 | $65,333,512 |
TMX | Terrain Minerals | 0.006 | 20% | 610,000 | $5,415,997 |
E33 | East 33 Limited. | 0.033 | 18% | 63,090 | $14,534,484 |
SYM | Symbio Holdings Ltd | 2.74 | 17% | 847,584 | $199,505,791 |
GBZ | GBM Rsources Ltd | 0.021 | 17% | 334,642 | $11,087,301 |
SQX | SQX Resources Ltd | 0.14 | 17% | 613,053 | $3,000,000 |
INP | Incentiapay Ltd | 0.007 | 17% | 1 | $7,590,382 |
Yesterday’s Small Caps standouts were:
Health-tech stock BCAL Diagnostics (ASX:BDX) started and finished well. We talked about it all day, in fact, but here’s the choicest summary, from our very own non-fungible Eddy Sunarto:
“BCAL Diagnostics has announced breakthrough results and major steps towards commercialisation of its breast cancer diagnostic test.
“A clinical study the company sponsored with Precion Inc. in North Carolina has achieved an impressive sensitivity of 90% and a specificity of 85.5%.
“What this means is that the BCAL breast cancer test should readily be capable of being replicated not only in BCAL’s dedicated laboratory in Australia but, more importantly, will enable blood samples to be analysed (using the BCAL test) in commercial laboratories throughout the world.”
American West Metals (ASX:AW1) is another owe couldn’t stay away from. The $92m-capped copper hunter revealed a “major discovery” at the Storm project in Canada.
Diamond drilling of a large gravity target intersected thick intervals of copper sulphides, reports the company.
The two diamond drill holes were punched in 680m apart — the continuity of the mineralised horizon and the size of the gravity anomaly,>5km long and up to 1km wide, suggests that drilling has potentially identified a very large copper deposit, it says.
Assays are pending, and you can read more about it here, in this special report.
Here are the worst performing ASX small cap stocks:
Swipe or scroll to reveal full table. Click headings to sort:
Code | Company | Price | % | Volume | Market Cap |
---|---|---|---|---|---|
EEL | Enrg Elements Ltd | 0.003 | -40% | 15,993,270 | $5,046,171 |
VTM | Victory Metals Ltd | 0.245 | -38% | 2,189,343 | $31,522,301 |
XTC | Xantippe Res Ltd | 0.001 | -33% | 3,256,420 | $17,220,150 |
AIS | Aeris Resources Ltd | 0.27 | -29% | 4,819,630 | $262,559,326 |
AXP | AXP Energy Ltd | 0.0015 | -25% | 71,724 | $11,649,361 |
MTL | Mantle Minerals Ltd | 0.0015 | -25% | 2,356,792 | $12,294,892 |
TMB | Tambourahmetals | 0.2625 | -23% | 1,382,510 | $14,371,530 |
ACW | Actinogen Medical | 0.029 | -22% | 6,702,414 | $67,201,330 |
NNG | Nexion Group | 0.011 | -21% | 1,422,185 | $2,832,310 |
KCC | Kincora Copper | 0.053 | -21% | 1,523,825 | $8,060,252 |
DDT | DataDot Technology | 0.004 | -20% | 190,005 | $6,054,764 |
ICN | Icon Energy Limited | 0.004 | -20% | 2,000,189 | $3,840,068 |
PKO | Peako Limited | 0.008 | -20% | 455,232 | $4,707,315 |
SHP | South Harz Potash | 0.031 | -18% | 1,949,002 | $22,800,472 |
GLE | GLG Corp Ltd | 0.165 | -18% | 14,089 | $14,820,000 |
GFN | Gefen Int | 0.005 | -17% | 82,980 | $769,679 |
MXC | Mgc Pharmaceuticals | 0.0025 | -17% | 6,821,820 | $11,677,079 |
SRI | Sipa Resources Ltd | 0.021 | -16% | 3,274 | $5,703,953 |
ICG | Inca Minerals Ltd | 0.029 | -15% | 432,378 | $16,490,339 |
NOX | Noxopharm Limited | 0.036 | -14% | 379,682 | $12,273,994 |
AUR | Auris Minerals Ltd | 0.012 | -14% | 53,348 | $6,672,763 |
AVM | Advance Metals Ltd | 0.006 | -14% | 267,433 | $4,119,911 |
CPT | Cipherpoint Limited | 0.006 | -14% | 14,800 | $8,114,692 |
LML | Lincoln Minerals | 0.006 | -14% | 6,304,332 | $9,944,983 |
M2M | Mtmalcolmminesnl | 0.024 | -14% | 60,001 | $2,233,490 |
Mesoblast (ASX:MSB): Pending an announcement regarding a US Food and Drug Administration’s review of the company’s Biologics License Application resubmission for remestemcel-L in the treatment of children with steroid-refractory acute graft versus host disease.
ChemX Materials (ASX:CMX) A pause in trading that allows ChemX to “manage its continuous disclosure obligations pending the release of an announcement regarding a strategic funding package and management change”.