On Stockhead today…

Over on the Best Coast (hard to arguw in T20 terms), Reuben Adams has January’s 5 best resources performers. And they’re a hot bunch.

Nadine McGrath has been poking through the receipts to see which ASX stocks have been caught short.

And Eddy Sunarto unpacks the next iteration of Fintech.

Over the weekend US President Joe Biden asked his guys to shoot down a Chinese balloon. Bit of a worry and certainly more blowback to come on the markets side this week.

But first, the day ahead…

 

TRADING HALTS

The following companies went into a trading halt on Friday, February 3.

VIP Gloves (ASX:VIP) – halt requested in connection with an announcement by VIP Gloves regarding a sale and leaseback transaction associated with the company’s major assets.

AML3D (ASX:AL3) – Capital raise.

Amani Gold (ASX:ANL) – Halt requested pending the release of an announcement regarding a potential asset disposal.

 

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’S GRABBED YOUR EYEBALLS?

 

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
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 ascended 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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