On Stockhead today, 5 mining services stocks enjoying the boom time, Bottom Picker makes big bank, and are you Team Smart Beta or Team Alpha?

But first, the day ahead.

Local shares are set to open lower today. At 8am AEST, the ASX 200 September futures contract is pointing up by 0.40%.

A quiet week ahead on the domestic data front, say CommSec.

Globally, it is a different matter. Over the coming week, global central bankers, policymakers, and other bigwigs will gather for the closely watched annual economic jerkfest in Jackson Hole, Wyoming.

“Interest rates and inflation will likely dominate policy discussions,” says CommSec.

China’s loan interest rates are also announced today.

“Continuing turmoil in the property market could see 1-year and 5-year rates cut by 10-basis points to 3.60 per cent and 4.25 per cent, respectively.”

What a world we live in. There’s a tonne more data drops and big moments this week, and they’re all in Eddy’s Diary.

Amongst the ASX companies due to release earning today are Ampol, Cooper Energy, Lendlease, Nick Scali, Southern Cross Media, and Star Entertainment.

 

WHO’S SCHEDULED TO LIST?

H&G HIGH CONVICTION (ASX:HCF)

Listing: 10:30am AEST

Raised: $30m

Hancock & Gore says it invests in companies trading at a significant discount to perceived inherent value.

“These companies have superior fundamental prospects, yet negative external events have attracted a flight of investors,” it says.

“The company seeks to assist investee companies to demonstrate, grow and realise their inherent value.​”

According to the H&G website, this is an actively managed portfolio of 20–25 investments in ASX-listed micro-cap companies (with market capitalisations under $300 million at the time of the initial investment).

H&G are targeting (key word) returns of at least 10% per annum (after fees).

 

TRADING HALTS

The following companies are in trading halts and are expected out in the next few days:

EQT Holdings (ASX:EQT) – pending an announcement around a proposed material acquisition and proposed equity raising

Cleanaway Waste Management Limited (ASX:CWY) – corporate transaction and an associated equity raising

Good Drinks Australia Limited (ASX:GDA) – acquisition

Fertoz (ASX:FTZ) – capital raise

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,746.50 (-0.67%)

Silver: $US19.058 (-2.37%)

Nickel (3mth): $US21,640/t (-0.00%)

Copper (3mth): $US8,031/t (+1.35%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, Aug 3): $US69,825/t

Lithium Hydroxide, China (Benchmark Minerals Intelligence, Aug 3): $US70,000/t

Oil (WTI): $US90.77 (+0.33%)

Oil (Brent): $US95.89 (-0.72%)

Iron 62pc Fe: $US104.00 (0.00%)

AUD/USD: 0.68763 (-0.54%)

Bitcoin: $US21,398 (=0.97%)

 

WHAT GOT YOU TALKING OVER THE WEEKEND?

Heartbreak for the Blues, but the finals are here!

 

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

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 preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

LAST WEEK’S BIGGEST SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for August 8 – August 12:

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

Code Company Price % Week Market Cap
CBE Cobre 0.45 200% $70,734,627
TAS Tasman Resources Ltd 0.026 117% $12,080,741
AVW Avira Resources Ltd 0.005 67% $10,593,950
ECG Ecargo Hldg 0.025 67% $15,381,250
ROO Roots Sustainable 0.005 67% $2,998,531
WA1 Wa1Resourcesltd 0.19 58% $4,355,251
AMM Armada Metals 0.1225 53% $4,000,000
CNJ Conico Ltd 0.0545 51% $81,330,113
ALT Analytica Limited 0.0015 50% $6,920,702
JAV Javelin Minerals Ltd 0.0015 50% $14,181,229
MEB Medibio Limited 0.0015 50% $4,134,735
MTM Mtmongerresources 0.18 50% $4,688,754
PG1 Pearl Global Ltd 0.021 50% $17,038,204
SI6 SI6 Metals Limited 0.009 50% $11,905,513
OLL Openlearning 0.044 47% $9,325,721
DAF Discovery Alaska Ltd 0.07 46% $15,472,194
ODM Odin Metals Limited 0.029 45% $16,887,986
ADY Admiralty Resources. 0.01 43% $13,035,792
CFO Cfoam Limited 0.005 43% $2,935,363
BRX Belararoxlimited 0.66 42% $18,954,662
M2R Miramar 0.14 41% $7,060,533
RMI Resource Mining Corp 0.155 41% $54,362,500
ADS Adslot Ltd. 0.014 40% $19,840,308
AOA Ausmon Resorces 0.007 40% $6,001,025
ABY Adore Beauty 2.03 40% $178,836,544
IRX Inhalerx Limited 0.078 39% $13,140,423
A3D Aurora Labs Limited 0.054 38% $9,944,536
EMD Emyria Limited 0.28 37% $78,375,704
NGY Nuenergy Gas Ltd 0.03 36% $44,428,665
PTB PTB Group Limited 1.5575 36% $146,283,516
ALO Alloggio Group 0.17 36% $17,269,286
MEG Megado Minerals Ltd 0.115 35% $12,540,612
DDD 3D Resources Limited 0.002 33% $8,863,744
GCR Golden Cross 0.012 33% $12,069,817
GES Genesis Resources 0.012 33% $9,394,096
KOR Korab Resources 0.036 33% $12,846,750
MCT Metalicity Limited 0.004 33% $10,376,118
T3D 333D Limited 0.002 33% $6,088,593
NUH Nuheara Limited 0.265 33% $35,670,785
MCM Mc Mining Ltd 0.265 33% $51,390,266
TAR Taruga Minerals 0.033 32% $18,497,544
IR1 Irismetals 0.75 32% $42,807,050
GCY Gascoyne Res Ltd 0.355 31% $151,242,515
HMG Hamelingoldlimited 0.19 31% $22,000,000
AV1 Adveritas Ltd 0.093 31% $38,724,440
HAV Havilah Resources 0.365 30% $115,573,312
NEA Nearmap Ltd 1.965 30% $1,010,110,623
ANP Antisense Therapeut. 0.13 30% $73,567,338
LIN Lindian Resources 0.2725 30% $203,603,283
RTH Ras Tech 0.77 29% $33,639,353
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Last week’s big winner among the Small Caps has been Cobre (ASX:CBE), which has had an astonishing 200% rise over the past five days, off the back of news that its fourth drill hole had intersected a broad 69m zone of copper mineralisation which includes a 13m zone of abundant chalcocite mineralisation centred at 310m down hole.

Also performing well, but without any explanation so far, is Tasman Resources (ASX:TAS) which has climbed 117% despite having nothing to announce since well before it took off. And outside of a solid rump of penny dreadfuls, Belalarox (ASX:BRX) has delivered the best result, hauling in an impressive 42% gain.

 

LAST WEEK’S BIGGEST SMALL CAP LOSERS

Here are the least performing ASX small cap stocks for August 8 – August 12:

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

Code Company Price % Week Market Cap
IVO Invigor Group Ltd 0.012 -37% $1,838,398
MEB Medibio Limited 0.001 -33% $4,134,735
IBG Ironbark Zinc Ltd 0.02 -31% $26,142,048
TTB Total Brain Ltd 0.04 -31% $5,348,845
BYI Beyond International 0.31 -31% $19,014,460
AQX Alice Queen Ltd 0.003 -25% $6,348,544
CLE Cyclone Metals 0.003 -25% $18,350,211
DMG Dragon Mountain Gold 0.015 -25% $5,905,075
EMT Emetals Limited 0.009 -25% $7,650,000
T3D 333D Limited 0.0015 -25% $4,566,445
ANL Amani Gold Ltd 0.0015 -25% $47,386,882
SHP South Harz Potash 0.082 -25% $45,222,868
TCG Turaco Gold Limited 0.06 -24% $25,663,000
ZMM Zimi Ltd 0.072 -24% $5,618,237
MYG Mayfield Group Ltd 0.25 -24% $22,646,474
VOL Victory Offices Ltd 0.028 -24% $4,419,744
TRM Truscott Mining Corp 0.037 -24% $5,841,210
NMR Native Mineral Res 0.1 -23% $5,022,100
TIA Tian An Aust Limited 0.23 -21% $22,518,296
WRM White Rock Min Ltd 0.083 -21% $15,977,561
SMX Security Matters 0.205 -21% $36,500,537
LNU Linius Tech Limited 0.0055 -21% $13,508,198
CFO Cfoam Limited 0.004 -20% $2,935,363
KEY KEY Petroleum 0.002 -20% $3,935,856
MBK Metal Bank Ltd 0.004 -20% $10,431,273
SPX Spenda Limited 0.0115 -18% $38,179,941
CAD Caeneus Minerals 0.005 -17% $23,303,025
CBE Cobre 0.15 -17% $24,811,052
CT1 Constellation Tech 0.005 -17% $7,356,002
OAR OAR Resources Ltd 0.005 -17% $10,855,189
SIX Sprintex Ltd 0.05 -17% $13,735,134
TD1 Tali Digital Limited 0.005 -17% $7,395,783
AR1 Australresources 0.395 -17% $102,349,004
ICI Icandy Interactive 0.083 -17% $110,381,777
OM1 Omnia Metals Group 0.145 -17% $3,723,600
LBY Laybuy Group Holding 0.091 -17% $23,953,005
SWP Swoop Holdings Ltd 0.4375 -17% $61,763,249
JXT Jaxstaltd 0.021 -16% $7,194,142
CST Castile Resources 0.13 -16% $31,945,482
HMI Hiremii 0.047 -15% $4,975,756
LVH Livehire Limited 0.255 -15% $75,237,391
BID Bill Identity Ltd 0.076 -15% $19,620,641
MMM Marley Spoon 0.29 -15% $87,587,400
PSC Prospect Res Ltd 0.115 -15% $55,471,135
CG1 Carbonxt Group 0.11 -15% $23,093,842
TYM Tymlez Group 0.022 -15% $21,766,034
MVP Medical Developments 2.03 -14% $142,610,114
ADX ADX Energy Ltd 0.006 -14% $20,959,556
BUY Bounty Oil & Gas NL 0.006 -14% $9,593,507
DDT DataDot Technology 0.006 -14% $7,463,217
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The tale of woe last week belonged to 4DS Memory (ASX:4DS), which had a most unfortunate result from its development lab.

The memory maker hit a major snag in its push to create new memory tech, announcing that “testing of the memory cells used in the imec megabit memory array showed unexpected problems with scaling the memory cell to small dimensions suitable for Storage Class Memory potential applications.”

In simpler terms, 4DS has fixed a major problem it had, by making an even bigger problem… hence, its price crashed on Tuesday and hasn’t really recovered, leaving a -67% crater on the books.

Next worst, and hinting that having a number in your ticker could be a portent of doom, was 92Energy (ASX:92E), which bled out slowly all week, despite a bit of cheerleading from the company, and an improving market for the uranium it’s exploring for.

 

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