On Stockhead today, China’s graphite imports are off the scale, AustralianSuper gets into beer, and how online privacy for kids affects small caps.

But first:

The day ahead

A speech this afternoon from RBA governor Philip Lowe will likely get plenty of attention. Titled “Inflation Targeting & Economic Welfare”, it may offer clues to the central bank’s outlook after the RBA recently cut rates twice in response to falling inflationary pressures.

Looking abroad, the European Central Bank will make its policy announcement later tonight which Westpac says is “likely to pave the way for September easing”.

On the data front, the US has durable goods orders, initial jobless claims and the July manufacturing index from the Kansas City Federal Reserve.

Company news

The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Thursday:
Alliance Mineral Assets (ASX: A40) – corporate update
Marenica energy (ASX: MEY) – capital raising.

Friday:
Oventus Medical (ASX: OVN) – capital raising
Kalium Lakes (ASX: KLL) – capital raising
Bellevue Gold (ASX: BGL) – capital raising
PSC Insurance (ASX: PSI) – capital raising
Black Rock Mining (ASX: BKT) – DFS release.

Markets

Gold: $US1,425.62 ($2,043.17) +0.97%

Silver: $US16.60 +0.01%

Oil (Brent): $US63.10 -0.03%

Oil (WTI): $US55.90 -1.13%

Coal: $US74.92 -0.44%

Iron ore 62pc fe: $US119.00 -0.42%

AUD/USD: $US0.6978 -0.39%

What got you talking yesterday

Over on Stockhead’s Facebook group chat, member Eric Frei said what many were probably thinking in response to one expert view that the ASX All Ords could be heading for a new all-time high (last reached in 2007).

Woohoo, about time … been over 10 years!,” Frei said.

These were the five most-discussed stocks among ASX small-cap investors on Wednesday, July 24:

$AUZ — Australia Mines Ltd
$LTR — Liontown Resources
$STX — Strike Energy
$MXC — MGC Pharmaceuticals
$ECT — Environmental Clean Tech

Yesterday’s winners

One of the day’s most talked about companies, Strike Energy (ASX: STX), closed more than 40 per cent higher at 9.1 cents after an update on its West Erregulla gas project.

The company said that at 7:20pm on Tuesday night, a drilling break occurred at the same time as “significant high-pressure gas began rising within the mud system with over 98% C1 recorded with no fluorescence”.

STX added that at this stage, it’s still a bit early to “fully evaluate the interval”.

These were the best performing stocks at the close of trade on Wednesday, July 24:

Code Name Price % Chg Market Cap Volume
GPP Greenpower Energy Ltd 0.002 +100.00% $4.0M 750.0k
GLV Global Vanadium Ltd 0.003 +50.00% $8.5M 13.7M
IAM Intiger Group Ltd 0.0015 +50.00% $2.5M 500.0k
BNR Bulletin Resources Ltd 0.03 +47.37% $5.0M 1.9M
STX Strike Energy Ltd 0.09 +44.44% $141.1M 43.9M
DRO DroneShield Ltd 0.27 +42.11% $52.2M 20.2M
PEA Pacific Energy Ltd 0.98 +36.11% $421.5M 6.1M
AGE Alligator Energy Ltd 0.004 +33.33% $4.1M 150.0k
BAS Bass Oil Ltd 0.002 +33.33% $5.4M 3.1M
DHR Dark Horse Resources Ltd 0.004 +33.33% $8.1M 172.0k
KEY Key Petroleum Ltd 0.002 +33.33% $6.2M 505.0k
MLS Metals Australia Ltd 0.002 +33.33% $5.9M 1.0M
RFN Reffind Ltd 0.004 +33.33% $2.4M 1.9M
SRO Shareroot Ltd 0.002 +33.33% $5.7M 1.0M
WGO Warrego Energy Ltd 0.13 +31.58% $77.3M 10.4M
INK Indago Energy Ltd 0.1 +31.51% $24.3M 1.7M
DN8 Dreamscape Networks Ltd 0.26 +30.00% $101.1M 7.5M
AKM Aspire Mining Ltd 0.02 +28.57% $59.9M 11.1M
PPY Papyrus Australia Ltd 0.009 +28.57% $2.1M 1.2M
BET Betmakers Technology Group Ltd 0.06 +28.26% $24.4M 1.3M

Yesterday’s losers

These were the best performing stocks at the close of trade on Wednesday, July 24:

Code Name Price % Chg Market Cap Volume
MZN Marindi Metals Ltd 0.001 -50.00% $2.2M 334.0k
VIC Victory Mines Ltd 0.001 -33.33% $1.4M 26.0M
DTR Dateline Resources Ltd 0.002 -33.33% $16.3M 5.9M
CAD Caeneus Minerals Ltd 0.001 -33.33% $2.1M 1.7M
TMX Terrain Minerals Ltd 0.003 -25.00% $1.9M 100.0k
SBR Sabre Resources Ltd 0.003 -25.00% $1.2M 597.8k
LCY Legacy Iron Ore Ltd 0.003 -25.00% $4.4M 82.5k
BUY Bounty Oil & Gas NL 0.003 -25.00% $2.9M 600.0k
RMI Resource Mining Corp Ltd 0.007 -22.22% $2.1M 309k
CT1 CCP Technologies Ltd 0.014 -22.22% $6.9M 12.6M
TZL TZ Ltd 0.08 -20.00% $5.6M 200k
VAL Valor Resources Ltd 0.004 -20.00% $7.6M 1.2M
PCL Pancontinental Oil & Gas NL 0.002 -20.00% $10.8M 1.9M
REV Real Estate Investar Group Ltd 0.009 -18.18% $2.1M 25.0k
MBM Mobecom Ltd 0.04 -16.67% $10.6M 291.7k
LMG Latrobe Magnesium Ltd 0.005 -16.67% $6.5M 1.8M
DLC Delecta Ltd 0.005 -16.67% $3.5M 60.9k
AO1 AssetOwl Ltd 0.005 -16.67% $1.5M 325.7k
ATX Amplia Therapeutics Ltd 0.13 -16.13% $6.5M 268.3k