It’s Friday, Friday. Gotta get down on Friday.

Coming up on Stockhead today, THC just made $815 from selling pot, an unlisted coking coal explorer pulls a $740 million bid, and what happened to all those Queensland gas takeovers?


The day ahead in data

Some big stuff out today: the Australian Industry Group releases monthly figures on manufacturing companies, the RBA releases commodity index data and CoreLogic is dropping housing data.

Expect a ton of stories on affordability in Sydney to go viral.


Company news

Three companies due to come out of a trading halt today. ELK Petroleum (ASX:ELK), with a refinancing update; Axiom Mining (ASX:AVQ), releasing a “major” financing and off-take agreement for its nickel mine in the Solomon Islands; and Silver Heritage Group (ASX:SVH) is dropping an announcement regarding its contract and operations at Phoenix International in Vietnam.

No shares coming out of escrow today.



Gold: $US1312.59 -0.36%

Silver: $US15.59 -0.88%

Oil (Brent): $US66.09 -0.65%

Oil (WTI): $US57.09 +0.44%

Coal: $US95 +0.23%

Iron ore 62% fe: $US87.47 -0.26%

AUD/USD: $US0.7096 -0.59%


Want this headstart in your inbox every morning at 8am? Go on. Subscribe here. It’s free.


What got you talking yesterday

This author finally got the chance to nerd out a little and use a picture from The Legend of Zelda: Breath of the Wild in a story about Zelda Therapeutics (ASX:ZLD) yesterday.

Zelda is looking into adding breast cancer to its clinical lineup, and that was of interest over on the Stockhead Facebook forum, as was a story from Rueben Adams on former sex toy seller turned miner Delecta’s  (ASX:DLC) financials.

These were the most-discussed stocks at close on stock gossip forum HotCopper:

Stockhead also covered HotCopper’s half-year results yesterday.



Yesterday’s winners

Shares in listed junior Atrum (ASX:ATU) rose 35 per cent yesterday to 25c, thanks to a bit of ‘nearology’: it has a neighbouring project near where an unlisted Canadian coal explorer called Riversdale Resources has one.

On Tuesday afternoon private miner Hancock Prospecting launched a sensational takeover offer for Riversdale, valuing the company at about $740 million.

Parkd (ASX:PKD) shares rose 28 per cent to 16c yesterday thanks to some new board appointments.

Parkd hired Robert Martin, a two-decade mining expert whose previous company was supposedly sold for an “an undisclosed multi-million dollar sum”, as a director.

ASX codeCompany namePrice% changeMarket capVolume
GLA Gladiator Resources Ltd0.00350%$4,400,00018.7M
SRO Shareroot Ltd0.00250%$2,400,000300.0k
VAL Valor Resources Ltd0.00350%$5,700,0006.4M
PAK Pacific American Coal Ltd0.04545%$7,400,0003.2M
PEC Perpetual Resources Ltd0.04536%$11,200,000217.0k
ATU Atrum Coal Ltd0.2535%$86,600,00013.6M
AFR African Energy Resources Ltd0.01633%$10,000,0008.5k
MTB Mount Burgess Mining NL0.00433%$1,800,000476.4k
PCL Pancontinental Oil & Gas NL0.00233%$10,800,00038.4M
MEY Marenica Energy Ltd0.1230%$8,100,000379.2k
PKD Parkd Ltd0.1628%$12,000,000192.2k
CIO Connected IO Ltd0.002525%$4,500,0001.9M
PNN PepinNini Lithium Ltd0.00525%$3,600,000425.0k
QGL Quantum Graphite Ltd0.002525%$18,700,000145.9k
XAM Xanadu Mines Ltd0.1422%$90,700,0003.3M
COY Coppermoly Ltd0.00620%$10,300,000259.7k
NAE New Age Exploration Ltd0.00620%$4,300,00014.5M
BNO Bionomics Ltd0.2420%$128,000,0006.4M
IMU Imugene Ltd0.0218%$72,200,00026.9M


Yesterday’s losers

The day’s biggest loser was Victory Mines (ASX:VIC), which fell 60 per cent to 0.2c. Wednesday was the first day the company has been trading on the ASX since it was suspended on September 11 last year following a lot of questions from the ASX.

ASX codeCompany nameLast price% changeMarket capVolume
VIC Victory Mines Ltd0.002-60%$3,700,00029.9M
GES Genesis Resources Ltd0.004-50%$3,100,00025.0k
FOD Food Revolution Group Ltd/The0.07-39%$35,200,00012.1M
TBH Betmakers Holdings Ltd/The0.035-31%$7,800,0001.8M
UUV UUV Aquabotix Ltd0.03-29%$4,800,000461.5k
FGO Flamingo AI Ltd0.005-29%$5,600,00055.4M
PPL Pureprofile Ltd0.025-29%$2,800,0008.1M
ST1 Spirit Telecom Ltd0.1-28%$28,200,000387.2k
RMG RMG Ltd0.008-27%$4,800,000456.8k
DHR Dark Horse Resources Ltd0.003-25%$5,900,0008.0M
OAR Oakdale Resources Ltd0.015-25%$1,000,000110.2k
KNM KneoMedia Ltd0.018-22%$11,800,0001.1M
MIL Millennium Services Group Ltd0.18-22%$8,500,0001.4M
WML Woomera Mining Ltd0.033-21%$3,700,000482.9k
WBE Whitebark Energy Ltd0.004-20%$6,300,0003.5M
THD Thred Ltd0.002-20%$4,500,0002.8M
SPX Spectrum Metals Ltd0.004-20%$4,200,0002.0M
LSR Lodestar Minerals Ltd0.008-20%$6,000,000450.0k
FTT Factor Therapeutics Ltd0.004-20%$4,200,000233.5k


That’s all you need to know. Here comes the weekend.