On Stockhead today…

Saving the world or making a dollar? Jessica Cummins asks 10 ASX hydrogen companies – what is your number one goal for 2023?

And some more big billionaire trouble overnight as Gautum Adani’s conglomerate canned it’s own multi-billion equity offer, the Big G himself hit YouTube to say/show how cool and relaxed everything still is and the group of businesses took losses to over $150 bn.

The Bank of England has hiked. Meta’s done rather well. Jessica Amir from Saxo thinks Big Tech could lead a risk rally, as our own tech sector gained near 3% on Thursday.

Lot’s to poke through. But first, the day ahead…

 

TRADING HALTS

The following companies went into a trading halt on Thursday, February 2.

DroneShield (ASX:DRO) – Capital raising.

C29 Metals (ASX:C29) – Halt requested pending the release of an announcement relating to drilling results at Pocitos 7.

WA1 Resources (ASX:WA1) – Halt requested pending the release of an announcement to the market in relation to material exploration results.

Manhattan Corp (ASX:MHC) – Halt requested pending an announcement in relation to a material transaction and associated capital raising.

Jameson Resources (ASX:JAL) – Halt requested ahead of an announcement in relation to the Tranche 2 Placement announced in Nov 2022.

88 Energy (ASX:88E) – Capital raising.

Lode Resources (ASX:LDR) – Capital raising.

Anteris Technologies (ASX:AVR) – Capital raising.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1928.30 (-0.90%)

Silver: $US23.91 (+0.02%)

Nickel (3mth): $US27,651/t (+4.40%)

Copper (3mth): $US9.342/t (+0.25%)

Oil (WTI): $US81.46 (+1.6%)

Oil (Brent): $US87.33 (+1.42%)

Iron 62pc Fe: $US124.50 (+0.00%)

AUD/USD: 0.7093 (-0.12%)

Bitcoin: $US23,005 (-2.53%)

 

WHAT GOT YOU TALKING?

ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

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Code Company Price % Volume Market Cap
SPA Spacetalk Ltd 0.051 89% 20,395,130 $6,917,382
DTR Dateline Resources 0.034 48% 1,787,130 $12,999,244
GLV Global Oil & Gas 0.002 33% 1,000,992 $5,143,196
ROO Roots Sustainable 0.002 33% 696,180 $1,558,829
YPB YPB Group Ltd 0.004 33% 1,953,196 $1,219,638
PET Phoslock Env Tec Ltd 0.057 33% 3,759,461 $26,848,792
ZMM Zimi Ltd 0.06 30% 233,179 $4,097,796
SMX Security Matters 0.19 27% 1,176,513 $25,178,187
LML Lincoln Minerals 0.051 21% 13,623,694 $24,149,315
CHK Cohiba Min Ltd 0.006 20% 3,300,197 $8,866,221
CPM Cooper Metals 0.275 20% 501,725 $9,434,600
ALY Alchemy Resource Ltd 0.019 19% 10,583,677 $18,849,220
GCX GCX Metals Limited 0.046 18% 51,972 $7,245,369
MPR Mpower Group Limited 0.02 18% 921,701 $4,992,956
ATU Atrum Coal Ltd 0.007 17% 1,419,985 $8,350,195
AYT Austin Metals Ltd 0.007 17% 366,427 $6,095,248
CPT Cipherpoint Limited 0.007 17% 8,353,792 $5,631,083
DCX Discovex Res Ltd 0.0035 17% 8,508,034 $9,907,704
VKA Viking Mines Ltd 0.014 17% 9,903,730 $12,303,101
WEL Winchester Energy 0.007 17% 279,870 $6,061,319
MRZ Mont Royal Resources 0.22 16% 459,525 $13,011,707
ALA Arovella Therapeutic 0.03 15% 9,101,691 $19,604,902
IS3 I Synergy Group Ltd 0.023 15% 106,886 $5,781,607
TYX Tyranna Res Ltd 0.023 15% 4,731,841 $48,108,507
CXU Cauldron Energy Ltd 0.008 14% 2,070,153 $6,520,976
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Spacetalk (ASX:SPA), which does tend to launch every now and again has hit the upper atmosphere, up 98.89% – so we can call it 100% on news Simon Crowther to the role of CEO and managing director, as interim boss Saurabh Jain, moves onto the board.

SAP says Crowther’s track record at Nearmap (ASX:NMP) sealed the deal.

Lincoln Minerals (ASX:LML), is rising again after the board wrote to shareholders with an update on Quantum Graphite’s (ASX:QGL) all-scrip takeover bid.

“The Offer Price under QGL’s takeover bid remains unchanged, being 40 QGL shares for every 1 LML share,” LML said.

“As at close of trading on 30 January, the implied value of LML shares under the Offer was $0.013 per share which remains well below LML’s closing price of $0.06 per share (based on the closing prices of Lincoln and QGL shares on ASX as at 30 January 2023).”

That 30 January $0.06 per share is an impressive 750% increase since Lincoln’s reinstatement onto the ASX ten days earlier.

 

ASX SMALL CAP LAGGARDS

Here are the least best performing ASX small cap stocks:

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

Code Company Price % Volume Market Cap
SRJ SRJ Technologies 0.12 -20% 40,821 $13,376,288
CLE Cyclone Metals 0.002 -20% 57,500,000 $15,441,842
WFL Wellfully Limited 0.015 -17% 1,331,962 $7,040,668
ADY Admiralty Resources. 0.01 -17% 2,564,975 $15,642,950
ARE Argonaut Resources 0.0025 -17% 7,731,572 $19,085,614
BLZ Blaze Minerals Ltd 0.01 -17% 240,909 $4,410,099
LNU Linius Tech Limited 0.0025 -17% 764,584 $8,938,239
SGC Sacgasco Ltd 0.011 -15% 1,655,863 $7,974,881
MYE Metarock Group Ltd 0.145 -15% 1,280,424 $22,268,733
GCR Golden Cross 0.006 -14% 1,345,140 $7,680,793
NIS Nickel Search 0.12 -14% 908,556 $8,470,759
SLZ Sultan Resources Ltd 0.065 -13% 55,000 $6,246,329
AMD Arrow Minerals 0.0065 -13% 16,187,476 $19,003,238
PNT Panthermetalsltd 0.165 -13% 9,952 $5,842,500
MME Moneyme Limited 0.375 -13% 684,612 $121,796,307
DLT Delta Drone Intl Ltd 0.007 -13% 3,058,734 $4,092,839
NAE New Age Exploration 0.007 -13% 2,722,376 $11,487,191
PIL Peppermint Inv Ltd 0.007 -13% 6,544,934 $16,302,855
CAZ Cazaly Resources 0.029 -12% 1,746,797 $12,270,119
GLL Galilee Energy Ltd 0.22 -12% 717,106 $84,634,375
PVW PVW Res Ltd 0.11 -12% 129,135 $11,627,734
RWD Reward Minerals Ltd 0.115 -12% 28,000 $25,389,350
TGH Terragen 0.071 -11% 109,333 $15,521,539
FXG Felix Gold Limited 0.08 -11% 236,802 $7,484,976
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