On Stockhead today, the compleat uranium stocks guide, your China-Albo concerns answered, and ETFs breeze through Labor, without drugs.
But first, the day ahead.
WHO’S LISTING?
When: 11am AEST
Tabcorp Holdings (ASX:TAH) is demerging its Lotteries and Keno business into The Lottery Corporation, which raked in massive EBITDA of $611m in FY21.
The lottery operator and provider of Keno products has operations in all Aussie states and territories except for WA, and distribution through retail outlets, Keno venues, and online.
TAH shareholders will receive one TLC share for each Tabcorp share held at the record date on 25 May 2022.
When: 10am AEST
Failed hemp farmer Croplogic has been reskinned and relisted as WA explorer Olympio, which holds two projects prospective for gold, nickel and lithium.
It raised $6m at 20c per share.
TRADING HALTS
The following companies are in a trading halt and are expected to exit with news in the coming days:
Kairos Minerals (ASX:KAI) – material exploration results
Emyria Limited (ASX:EMD) – results from EMD-RX5 Phase I trial
Locality Planning Energy (ASX:LPE) – change in Queensland wholesale electricity market conditions
BikeExchange (ASX:BEX) – capital raise
Sustainable Nutrition Group (ASX:TSN) – termination of key customer supply agreement
BPH Energy (ASX:BPH) – farm out agreement, hydrogen technology transaction
AVZ Minerals (ASX:AVZ) – an announcement in relation to its mining and exploration rights for the Manono lithium and tin project
MARKETS
Gold: $US1,861.97 (+0.88%)
Silver: $US22.153 (+1.81%)
Nickel (3mth): $US26,550/t (-5.09%)
Copper (3mth): $US9,448.00/t (+0.25%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, May 19): $US68,850/t (+0.1% weekly)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, May 19): $US70,625/t (-0.2% weekly)
Oil (WTI): $US111.060 (+0.75%)
Oil (Brent): $US113.55 (+0.91%)
Iron 62pc Fe: $US134.36 (+2.5%)
AUD/USD: $US0.7112 (+1.0675%)
Bitcoin: $US30,296.50 (+0.12%)
WHAT GOT YOU TALKING YESTERDAY?
Why are these projects so popular among ASX stocks?
#1: They contain the right rare earths.
#2: Clay hosted deposits are easier to find, easier to mine.
#3: Processing is cheaper.
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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 ASX 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 | Company | Last | % | Volume |
|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.0015 | 50% | 1,891,575 |
| UUL | Ultima Utd Ltd | 0.085 | 37% | 602,474 |
| EVE | EVE Health Group Ltd | 0.002 | 33% | 1,217,001 |
| DAF | Discovery Alaska Ltd | 0.083 | 28% | 10,356,897 |
| CTT | Cettire | 0.69 | 25% | 2,541,160 |
| RAS | Ragusa Minerals Ltd | 0.1 | 25% | 19,136,776 |
| WOA | Wide Open Agricultur | 0.675 | 25% | 1,022,495 |
| ZAG | Zuleika Gold Ltd | 0.037 | 23% | 4,092,832 |
| CTE | Cryosite Limited | 0.73 | 18% | 153,590 |
| SGI | Stealth Global | 0.115 | 17% | 318,102 |
| BBX | BBX Minerals Ltd | 0.105 | 17% | 270,350 |
| ROG | Red Sky Energy. | 0.007 | 17% | 2,312,103 |
| AYA | Artryalimited | 0.955 | 16% | 23,743 |
| PO3 | Purifloh Ltd | 0.32 | 16% | 31,235 |
| BLZ | Blaze Minerals Ltd | 0.029 | 16% | 1,886,712 |
| PUA | Peak Minerals Ltd | 0.015 | 15% | 1,343,260 |
| WWG | Wisewaygroupltd | 0.21 | 15% | 10,202 |
| DNK | Danakali Limited | 0.315 | 15% | 597,207 |
| CDA | Codan Limited | 7.73 | 15% | 2,395,133 |
| AHN | Athena Resources | 0.008 | 14% | 5,000 |
| MRD | Mount Ridley Mines | 0.008 | 14% | 2,958,071 |
| NC1 | Nicoresourceslimited | 1.32 | 14% | 821,131 |
| NGY | Nuenergy Gas Ltd | 0.024 | 14% | 4,000 |
| MGL | Magontec Limited | 0.38 | 13% | 1,485 |
| EAX | Energy Action Ltd | 0.17 | 13% | 46,400 |
Discovery Alaska (ASX:DAF) is firming up the lithium potential of its ‘Coal Creek’ prospect, part of the Chulitna project.
Ragusa Minerals (ASX:RAG) acquires a new lithium project in the NT.
Wide Open Agriculture (ASX:WOA) has nabbed a supply agreement with Monde Nissin Australia to supply Buntine Protein – a concentrate made from lupin seeds that can replace animal-based ingredients in food and beverages.
Software maker Codan (ASX:CDA) rose 15% after releasing its outlook guidance for the rest of FY22. The company said it could match its record first half in the second half. Based on this forecast, Codan expects a record full year profit and the second best year ever in the company’s history.
YESTERDAY’S ASX SMALL CAP LOSERS
(Stocks highlighted in yellow fell after making announcements during the trading day).
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Last | % | Volume |
|---|---|---|---|---|
| M8S | M8 Sustainable | 0.011 | -42% | 16,745,886 |
| 1AE | Auroraenergymetals | 0.295 | -21% | 5,695,097 |
| RMI | Resource Mining Corp | 0.089 | -19% | 3,948,833 |
| FRS | Forrestaniaresources | 0.19 | -17% | 283,085 |
| TEM | Tempest Minerals | 0.053 | -17% | 34,463,322 |
| ZLD | Zelira Therapeutics | 1.35 | -17% | 16,440 |
| 1AG | Alterra Limited | 0.015 | -17% | 802,498 |
| AQX | Alice Queen Ltd | 0.005 | -17% | 554,869 |
| CT1 | Constellation Tech | 0.005 | -17% | 1,008,343 |
| KEY | KEY Petroleum | 0.0025 | -17% | 57,513 |
| SYA | Sayona Mining Ltd | 0.235 | -16% | 171,018,040 |
| TVL | Touch Ventures | 0.145 | -15% | 471,177 |
| LSA | Lachlan Star Ltd | 0.018 | -14% | 388,841 |
| PRM | Prominence Energy | 0.009 | -14% | 56,632,578 |
| AMD | Arrow Minerals | 0.003 | -14% | 41,342 |
| ARE | Argonaut Resources | 0.003 | -14% | 13,695,056 |
| DXN | DXN Limited | 0.006 | -14% | 133,902 |
| ESR | Estrella Res Ltd | 0.024 | -14% | 3,637,521 |
| RVS | Revasum | 0.46 | -13% | 167,818 |
| CG1 | Carbonxt Group | 0.2 | -13% | 459,794 |
| AJQ | Armour Energy Ltd | 0.007 | -13% | 150,000 |
| ESH | Esports Mogul Ltd | 0.0035 | -13% | 9,131,942 |
| JTL | Jayex Technology Ltd | 0.007 | -13% | 500,000 |
| MEB | Medibio Limited | 0.0035 | -13% | 4,371,914 |
| TAR | Taruga Minerals | 0.021 | -13% | 1,741,382 |