On Stockhead today, why China’s bailout probably won’t work, 3 tasty stocks the tech recovery forgot, and Guy Le Page is going to be OK.

But first the day ahead.

 

WHO’S LISTING?

Chalkos Metals (ASX:CKM)

IPO: $8m at $0.20

The copper explorer has tenements in the prospective North West minerals province of QLD – adjacent to the world-class Mt Isa mines.

The company is embarking on an aggressive drill program with target testing underway.

 

TRADING HALTS

First Au(ASX:FAU) – capital raising

Aurumin (ASX:AUN) – capital raising

Victory Goldfields (ASX:1VG) – regarding exploration results.

Reward Minerals (ASX:RWD) – material acquisition

Alderan Resources (ASX:AL8) – capital raising

Almonty Industries (ASX:ALL) – regarding a mineral resource

Quantum Graphite (ASX:QGL) – capital raising, again

First Au (ASX:FAU) – see above.

Pendal Group (ASX:PDL) – see above too.

 

MARKETS

Gold: $US1,711.37 (+0.14%)

Silver: $US18.77 (+0.51%)

Nickel (3mth): $US20,600/t (-0.25%)

Copper (3mth): $US7,298/t (-1.73%)

Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t (0.0% weekly)

Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t (0.0% weekly)

Oil (WTI): $US103.44 (+0.83%)

Oil (Brent): $US106.85 (+0.55%)

Iron 62pc Fe (Singapore futures): $US104.76 (-1.81%)

AUD/USD: 0.6899 (+0.30%)

Bitcoin: $US23,666 (+8.90%)

 

WHAT GOT YOU TALKING YESTERDAY?

Ur-ur-uranium.

 

 

YESTERDAY’S SMALL CAP WINNERS

Here are the best performing ASX small cap stocks for July 18

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

Code Company Price % Volume
TON Triton Min Ltd 0.027 54% 7,704,247
LNU Linius Tech Limited 0.007 40% 5,360,000
HAL Halo Technologies 0.6 40% 53,819
NUH Nuheara Limited 0.255 38% 706,153
RR1 Reach Resources Ltd 0.004 33% 4,437,402
ADV Ardiden Ltd 0.0085 31% 31,021,269
AUH Austchina Holdings 0.007 27% 18,310,599
MOH Moho Resources 0.03 25% 320,992
MCL Mighty Craft Ltd 0.2 25% 628,055
GCR Golden Cross 0.01 25% 116,916
PRM Prominence Energy 0.0025 25% 112
SIH Sihayo Gold Limited 0.0025 25% 460,490
KNI Kunikolimited 0.86 24% 544,186
MP1 Megaport Limited 8 24% 5,432,392
1VG Victory Goldfields 0.16 23% 4,863,700
TYM Tymlez Group 0.027 23% 4,438,116
S66 Star Combo 0.19 23% 3,540
SLM Solismineralsltd 0.085 21% 59,527
NME Nex Metals Explorat 0.03 20% 150,860
SDV Scidev Ltd 0.21 20% 151,762
X2M X2M Connect Limited 0.12 20% 129,574
GMN Gold Mountain Ltd 0.006 20% 1,563,823
OAR OAR Resources Ltd 0.006 20% 4,324,572
SEG Sports Ent Grp Ltd 0.285 19% 26,450
ADS Adslot Ltd. 0.013 18% 5,495,864
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X2M Connect (ASX:X2M) says orders across the X2M group are already bringing in revenue for the first half now exceeding $9.6 million.

A lovely new South Korean contracts provide water monitoring and control to 9,754 households with installation to be completed within six months, while four other new contracts have cracked X2M’s maiden half century of customers.

X2M’s technology connects devices such as water, gas and electricity meters and other utility sensors to the internet, enabling data exchange and the remote control of these devices. X2M generates its revenue selling hardware and monthly subscription fees under a sassy Software as a Service thingy.

Shares in medical business Mesoblast rose nearly 12 per cent to 96c just before noon AEST following positive results from a US clinical study related to its cell therapy product rexlemestrocel-L (Revascor), which may lead to its broader application for heart failure patients.

 

ASX SMALL CAP LOSERS

Here are the worst performing ASX small cap stocks for July 18

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

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Having a rough run is coal miner Allegiance (ASX:AHQ), which issued a pair of reports yesterday morning that sent the share price into a deep, black funk, down a horrifying two-thirds by lunch.