On Stockhead today, who’s leading the way with HPA, the semiconductor war reaches a new level, and Bottom Picker in a pickle.
But first, the day head.
TRADING HALTS
The following companies went into trading halts yesterday and are expected out in the next few days:
Insurance Australia Group (ASX:IAG) – To consider the impact of last Friday’s determination by the High Court of Australia to dismiss the applications by IAG and the policyholders for special leave to appeal the judgment of the Full Federal Court of Australia in the second business interruption test case handed down on February 21, 2022, including to assess the financial impact.
Minbos Resources (ASX:MNB) – Regarding its definitive feasibility study (DFS)
Findi (ASX:FND) – in connection with an announcement by Findi regarding finalisation of an equity raising to support the company’s expansion in India including Findi’s whiteATM licence application.
Medibank Private (ASX:MPL) – To investigate a cyber incident, details of which have been announced.
Radiopharm Theranostics (ASX:RAD) – Pending an announcement about the Pivalate Phase II Data in Brain Mets Trial
Aldoro Resources (ASX:ARN) – Capital raising
Astron Corporation (ASX:ATR) – Capital raising
Pacific Nickel Mines (ASX:PNM) – Capital raising
Wooboard Technologies (ASX:WOO) – Capital raising
COMMODITY/FOREX/CRYPTO MARKET PRICES
Gold: $US1,643.46 (-1.34%)
Silver: $US18.24 (-3.30%)
Nickel (3mth): $US22,340/t (+0.22%)
Copper (3mth): $US7,641/t (+1.27%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, OCT 12): $US72,200/t (+108.2% year-to-date)
Lithium Hydroxide, China (Benchmark Minerals Intelligence, OCT 12): $US71,850/t (+146.9% year-to-date)
Oil (WTI): $US85.55 (-3.99)
Oil (Brent): $US91.65 (-3.08%)
Iron 62pc Fe: $US95.93 (+0.56%)
AUD/USD: 0.62029 (-1.53%)
Bitcoin: $US19,132 (-0.22%)
WHAT GOT YOU TALKING LAST WEEK?
Central to China’s dominance in the battery material space is its LFP industry, which Benchmark Mineral Intelligence says will account for 69% of the country’s cathode output in 2030, up from 44% in 2022.
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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.
ASX SMALL CAP LEADERS
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 ANL Amani Gold Ltd 0.0015 50% 761,517 $23,693,441.13 ARE Argonaut Resources 0.0015 50% 300,000 $5,428,537.94 MEB Medibio Limited 0.0015 50% 2,362,500 $3,320,593.79 CFO Cfoam Limited 0.004 33% 203,683 $2,201,521.90 WFL Wellfully Limited 0.03 30% 324,874 $6,410,036.29 TOY Toys R Us 0.031 29% 9,838,600 $20,684,668.42 TSC Twenty Seven Co. Ltd 0.0025 25% 1,589,244 $10,643,255.62 CTT Cettire 1.3 24% 3,948,409 $400,300,131.00 HT8 Harris Technology Gl 0.018 20% 2,131,883 $4,474,432.22 DMG Dragon Mountain Gold 0.012 20% 17,582 $3,936,716.65 MRD Mount Ridley Mines 0.006 20% 12,454,326 $29,757,863.15 SI6 SI6 Metals Limited 0.006 20% 26,800 $7,440,945.40 BPH BPH Energy Ltd 0.026 18% 12,429,580 $17,441,583.63 1CG One Click Group Ltd 0.014 17% 942,327 $7,114,295.84 FOD The Food Revolution 0.028 17% 5,436,537 $22,722,280.13 AGD Austral Gold 0.043 16% 67,984 $22,655,520.06 E25 Element 25 Ltd 1.04 16% 719,580 $137,439,332.10 E33 East 33 Limited. 0.038 15% 31,550 $17,074,142.84 OMX Orangeminerals 0.084 15% 507,619 $3,512,325.43 MGU Magnum Mining & Exp 0.04 14% 1,840,173 $18,654,680.31 STK Strickland Metals 0.04 14% 901,627 $48,386,403.38 HXL Hexima 0.024 14% 200,144 $3,354,513.77 GED Golden Deeps 0.017 13% 7,173,606 $17,328,400.71 FTZ Fertoz Ltd 0.175 13% 113,072 $39,680,230.64
The Energy sector led the way to Friday’s market close last week, gaining 3.68% on the back of a 2-2.6% lift in oil , followed by Utilities at 3.52%.
On the stocks front, Virgin Money UK (ASX:VUK) and Domino’s (ASX:DOM) both led the rally for the day.
Si6 Metals (ASX:SI6) shares rose as much as 20% after revealing a 120 hole air-core drilling program had kicked off at the Monument Gold Project in WA.
ASX SMALL CAP LAGGARDS
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 PRM Prominence Energy 0.0015 -25% 272,094 $4,849,218 CT1 Constellation Tech 0.004 -20% 200,200 $7,356,002 KFE Kogi Iron Ltd 0.004 -20% 2,817,595 $8,160,389 MGG Mogul Games Grp Ltd 0.002 -20% 12,644,486 $8,158,603 SYN Synergia Energy Ltd 0.002 -20% 1,244 $21,044,477 ENV Enova Mining Limited 0.014 -18% 551,913 $6,242,656 PRS Prospech Limited 0.028 -18% 938,158 $2,216,154 GLV Global Oil & Gas 0.0025 -17% 622,553 $5,620,064 PFE Pantera Minerals 0.105 -16% 20,181 $6,437,640 MKG Mako Gold 0.042 -16% 7,204,926 $19,112,080 HIQ Hitiq Limited 0.049 -16% 97,776 $6,563,059 NNL Nordic Nickel 0.24 -15% 741,715 $16,499,884 RAN Range International 0.006 -14% 707,352 $6,575,032 MCM Mc Mining Ltd 0.2575 -14% 7,802 $59,296,461 ZMM Zimi Ltd 0.063 -14% 271,508 $5,773,904 IVZ Invictus Energy Ltd 0.16 -14% 11,978,223 $162,104,604 BEL Bentley Capital Ltd 0.06 -13% 100,000 $5,252,826 AUH Austchina Holdings 0.007 -13% 875,000 $16,294,662 NZS New Zealand Coastal 0.0035 -13% 1,140,000 $4,508,020 CR1 Constellation Resources 0.14 -13% 2,110 $7,984,868 LKY Locksley Resources 0.07 -13% 191,208 $2,755,780 UBI Universal Biosensors 0.255 -12% 27,034 $61,434,886 KAL Kalgoorlie Gold Mining 0.11 -12% 201,389 $9,054,325 LRV Larvotto Resources 0.22 -12% 1,091,002 $10,383,125