Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, we recap ASX small cap M&A activity in 2019, the plants that can find minerals in mining waste and our latest Explorers podcast with lithium miner ioneer (ASX: INR).
Today, we’ll see the Westpac/Melbourne Institute Leading Index. While the main conclusion is the direction of the Aussie dollar, its indicators are a broad picture of the economy. Investors are also anticipating Thursday’s release of our unemployment rate.
Also, today we will see BHP (ASX: BHP) release its quarterly. Although it is a large cap some of its statements about what commodities and projects are working and what are not might raise a few eyebrows in the small cap space, especially those with neighbouring. Also releasing results is graphite explorer Syrah Resources (ASX: SYR).
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Telix Pharmaceuticals (ASX: TLX) – capital raising
CCP Technologies (ASX: CT1) – capital raising
4DS Memory (ASX: 4DS) – capital raising
Xtek (ASX: XTE) – capital raising
Santana Minerals (ASX: SMI) – acquisition
Lindian Resources (ASX: LIN) – project update
Spectrum Metals (ASX: SPX) – exploration results & ASX query response
De Grey Mining (ASX: DEG) – capital raise
Metgasco (ASX: MEL) – cost overruns reveal
High Grade Metals (ASX: HGM) – acquisition
Marquee Resources (ASX: MQR) – acquisition
De.Mem (ASX: DEM) – response to ASX query
Gold: $US1,406.12 ($2,005.16) -0.32%
Silver: $US15.56 +0.05%
Oil (Brent): $US64.38 +0.06%
Oil (WTI): $US57.24 +0.24%
Coal: $US74.12 -0.71%
Iron ore 62pc fe: $US121.00 +0.83%
Yesterday in our Small Cap Chat Group we welcomed our newest members. The story that had our readers most interested was about Whitebark Energy (ASX: WBE) jumping 25 per cent after Western Australia lifted its ban on fracking.
You can apply to join here.
These were the five most-discussed stocks on trading gossip forum HotCopper at close on Tuesday, July 16:
— HotCopper (@HotCopper) July 16, 2019
That’s all you need to know. Happy Hump Day.