On Stockhead today, all of Tolga Kumova’s ASX investments at a glance, an expert prediction on our BNPL future, and how the ATO knows all your crypto gainz.

But first, the day ahead.

TRADING HALTS

The following companies entered trading halts and should be out in the next few days.

Asaplus Resources (ASX:AJY) – response to an ASX price query

Lumos Diagnostics (ASX:LDS) – ahead of a capital raise

Lycaon Resources (ASX:LYN) – ahead of a proposed material acquisition

Battery Minerals (ASX:BAT) – ahead of a proposed fund raising

Empire Energy Group (ASX:EEG) – ahead of a capital raise

 

MARKETS

Gold: $US1,869.38 (+1.26%)

Silver: $US22.27 (+2.23%)

Nickel (3mth): $US28,119/t (-1.00%)

Copper (3mth): $US9,500.00/t (+0.60%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 1): $US69,450/t (0.1% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 1): $US70,875/t (0.0% weekly)

Oil (WTI): $US117.13 (+1.59%)

Oil (Brent): $US117.92 (+1.40%)

Iron 62pc Fe: $US136.10 (+2.20%)

AUD/USD: $US0.7258 (+1.16%)

Bitcoin: $US30,258.50 (+1.58%)

 

WHAT GOT YOU TALKING YESTERDAY?

Lithium is the hot commodity in the small cap investment community, and little stirs up the fury of the retail masses like investment bankers who go bearish on battery metals.

Experts in the field say the recent sell-off may present a “buying opportunity” (not our words, RBC’s), while other lithium heads have taken aim at Goldman Sachs and Credit Suisse’s stance on oncoming supply.

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 Company Price % Volume
CDX Cardiex Limited 0.455 63% 1,187,700
LNU Linius Tech Limited 0.007 40% 3,656,816
ARE Argonaut Resources 0.004 33% 24,258,745
LCT Living Cell Tech. 0.007 27% 20,453,245
RMI Resource Mining Corp 0.125 25% 2,333,509
DRX Diatreme Resources 0.04 25% 13,944,015
NZS New Zealand Coastal 0.005 25% 8,082,566
AYT Austin Metals Ltd 0.016 23% 954,882
KFM Kingfisher Mining 0.345 21% 370,305
AVE Avecho Biotech Ltd 0.018 20% 1,494,655
FRB Firebird Metals 0.36 20% 173,375
XST Xstate Resources 0.003 20% 343,348
HOR Horseshoe Metals Ltd 0.038 19% 1,793,536
PVE Po Valley Energy Ltd 0.038 19% 2,599,216
SXG Southern Cross Gold 0.7 19% 13,990,049
LIN Lindian Resources 0.105 18% 27,317,098
MEI Meteoric Resources 0.0165 18% 51,038,877
GPR Geopacific Resources 0.11 17% 1,683,460
VOL Victory Offices Ltd 0.042 17% 881,500
XTC Xantippe Res Ltd 0.0105 17% 38,387,209
AQD Ausquest Limited 0.028 17% 3,329,635
LYN Lycaonresources 0.51 16% 412,001
SW1 Swift Networks Group 0.022 16% 579,425
INR Ioneer Ltd 0.525 15% 8,635,503
AXI Axiom Properties 0.069 15% 13,100

Superior Resources (ASX:SPQ) says a “very large copper system is emerging” at the ‘Bottletree’ porphyry prospect in QLD, with latest assays returning an impressive 632m of copper mineralisation in one drill hole.

The overall 632m hit was graded at 0.21% copper, 0.03g/t gold, 0.60ppm silver, 18ppm molybdenum from 5m depth, but included a bunch of higher-grade chunks, according to our Reuben of Resources.

Up again to no one’s surprise, least of all our erstwhile cider producing editor, Peter Farquhar, who reckons there’s but one story in ASX Small Caps Land in May, and that is Galileo (ASX:GAL), up about 557% for the month.

GAL was up another 30% yesterday. It’s like they think the world revolves around them or something. It may well revolve around its very wealthy major shareholder Mark Creasy.

By all reports, he knew his way around a telescope, but even Galileo would have struggled to spot the ASX explorer that took his name to these stratospheric heights.

 

YESTERDAY’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.