Sponsored by Saxo

Good morning everyone, and welcome to 14 February, 2024 – a day on the calendar that every rose-grower and chocolatier the world over has been hanging out for, so they can price-gouge the lovelorn and set themselves up for the next 12 months.

Quick reminder to anyone banking on Long Stem Roses futures that you probably should have disposed of them yesterday and converted them to Chocolate Eggs ahead of Easter – unless you’re super-keen to get in very early on the late October pumpkin rush ahead of the usual Halloween crowd.

Before you race off to hurriedly make plans for a very romantic burger and chips at Hungry Jacks – because by now it’s probably the only place in town you’ll be able to book a decent table – you should get ready for what’s promising to be an interesting day on the ASX.

To help you prep, we’ve got Christian’s look at the ASX sectors most likely to make you feel good, an up close and personal with Andrew Page from Strawman.com on spotting a 10-bagger, and some rock-solid reporting from the inimitable Josh Chiat, who is currently weathering the heat at the RIU Explorers Conference.

Plus, here’s some words and numbers to keep you busy while you wait for your chocolate and rose guy to come through with the last-minute goods to keep you outta the Valentine’s Day doghouse.



Gold: US$2,018.86 (-0.06%)

Silver: US$22.70 (-0.18)

Nickel (3mth): US$15,751.50/t (+0.19%)

Copper (3mth): US$8,065.40/t (-0.08%)

Oil (WTI): US$77.04 (+0.14%)

Oil (Brent): US$82.07 (-0.01%)

Iron 62pc Fe: US$128.75/t (+0.35%)

AUD/USD: 0.6517 (-0.16%)

Bitcoin: US$49,876.60 (-0.12%)



Good news for people who are into iron ore, and making loads of money – the party’s far from over, according to this guy.




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
FAU First Au Ltd 0.004 60% 18,525,382 $4,154,983
NVQ Noviqtech Limited 0.003 50% 807,186 $2,618,891
PRX Prodigy Gold NL 0.006 50% 14,405,487 $7,004,431
NRZ Neurizer Ltd 0.007 40% 7,336,599 $7,069,554
TTI Traffic Technologies 0.009 29% 385,049 $5,303,691
BOC Bougainville Copper 0.535 26% 144,098 $170,451,563
CTN Catalina Resources 0.005 25% 1,450,000 $4,953,948
OPN Oppenneg 0.01 25% 2,332,266 $9,033,437
VML Vital Metals Limited 0.005 25% 427,949 $23,580,268
DAF Discovery Alaska Ltd 0.023 21% 5,500 $4,450,459
AHN Athena Resources 0.003 20% 3,668,000 $2,676,169
AQX Alice Queen Ltd 0.006 20% 15,402,461 $3,454,921
CHK Cohiba Min Ltd 0.003 20% 1,000,000 $6,325,575
TIG Tigers Realm Coal 0.006 20% 5,868,300 $65,333,512
KIN KIN Min NL 0.074 19% 5,406,667 $73,045,334
BNL Blue Star Helium Ltd 0.013 18% 27,266,702 $21,364,918
ODE Odessa Minerals Ltd 0.007 17% 1,166,666 $6,259,695
RGS Regeneus Ltd 0.007 17% 20,000 $1,838,621
NKL Nickelxltd 0.044 16% 1,054,906 $3,336,976
PCL Pancontinental Energ 0.022 16% 12,988,061 $153,281,983
SYA Sayona Mining Ltd 0.044 16% 165,710,082 $391,145,249
ATS Australis Oil & Gas 0.015 15% 1,937,469 $16,599,252
AUZ Australian Mines Ltd 0.015 15% 42,202,918 $13,854,798
ICR Intelicare Holdings 0.015 15% 400,601 $3,052,718
SOV Sovereign Cloud Hldg 0.053 15% 198,096 $15,612,431
Wordpress Table Plugin


Yesterday’s Small Cap Winners included:

Dateline Resources (ASX:DTR) was well out in front Tuesday morning, after the company reported hitting wide, high grade gold during drilling at its Colosseum Gold Project in San Bernardino County, California, with the highlight being 70.1m @ 6.53g/t Au in drill hole CM23-14 Inc. 25.9m @ 15.31g/t Au.

IncentiaPay (ASX:INP) was also tracking well in early trade, after the company delivered its half-yearly report after hours on Monday evening, showing that while revenue has faltered -6.41% to 8,674,712 in PCP, the company has managed to turn around Loss from ordinary activities after tax attributable to members by 80.6% to $3,236,540, compared to $16,707,381 on PCP.

And a takeover deal in the works pushed Ansarada (ASX:AND) higher, after the company entered into a Scheme Implementation Deed with Datasite, an entity owned by funds managed by CapVest, to acquire 100% of the fully diluted share capital in Ansarada at $2.50 cash per share, which implies an equity value of A$236.3 million and represents a premium of 19.0% to the last closing price of A$2.10 per share.

Hammer Metals (ASX:HMX) took off like a jackrabbit around lunchtime, rushing through +37% before going into a trading halt, ahead of announcing drilling results from one of its copper interests in the Mt Isa region of Queensland.

BrainChip Holdings (ASX:BRN) also enjoyed a sizeable jump during the day, responding to an ASX “Please Explain” with “nothing to see here”, leaving the company’s 19% leap a total mystery…



Here are the worst performing ASX small cap stocks:

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

Wordpress Table Plugin



Suvo Strategic Minerals (ASX:SUV) – pending an announcement regarding a capital raising.

Hammer Metals (ASX:HMX) – pending the release of an announcement in relation to drilling results.