Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, US pot to hit $60 billion by 2025, who’s scoring the big defence contracts, and has Carawine got the next Winu under its belt?
But first:
For the local market, CoreLogic’s monthly home price index for July is out this morning, along with Q2 import/export figures and July manufacturing PMIs from the Ai Group.
Global data and events will be led by the Bank of England’s policy announcement, and July ISM manufacturing figures out of the US.
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Thursday:
Tinybeans (ASX: TNY) – capital raise
Equus Mining (ASX: EQE) – capital raise
YPB (ASX: YPB) – capital raise
Regenesus (ASX: RGS) – capital raise
Spectrum Metals (ASX: SPX) – capital raise
Botanix Pharmaceuticals (ASX: BOT) – capital raise
Auroch Minerals (ASX: AOU) – capital raise
Strike Energy (ASX: STX) – well update
Warrego Energy (ASX: WGO) – well update
Friday:
Resolute Mining (ASX: RSG) – proposed acquisition
Sabre Resources (ASX: SBR) – capital raising
Peak Resources (ASX: PEK) – capital raising
SportsHero (ASX: SHO) – strategic partnership
Altura Mining (ASX: AJM) – changes to offtake arrangements
Liontown Resources (ASX: LTR) – capital raise
Alt Resources (ASX: ARS) – capital raise
Dronesheid (ASX: DRO) – capital raise
South Pacific Resources (ASX: SPB) – proposed acquisition
Clancy Exploration (ASX: CLY) – acquisition
Markets
Gold: $US1,415.47 ($2,067.20) -0.67%
Silver: $US16.28 +0.11%
Oil (Brent): $US64.21 -0.19%
Oil (WTI): $US57.94 +0.16%
Coal: $US74.35 -0.20%
Iron ore 62pc fe: $US118.35 -2.3%
AUD/USD: $US0.6845 -0.39%
Over on the Stockhead group chat on Facebook, new member Trudy Jenkins asked the investment community whether they knew of any small caps producing drones for food delivery.
“Not delivery, but DRO makes anti drone defences. I think they got a contact with a couple of airports last I checked. Amazon is doing R+D on delivery drones,” fellow group member Jack Weiler replied.
You can sign up for the group chat here.
These were the five most-discussed stocks among ASX investors on Wednesday, July 31:
$LTR – Liontown Resources
$ADN – Andromeda Metals
$NUH – Nuheara Ltd
$PLS – Pilbara Minerals Ltd
$RMS – Ramelius Resources
Among the winners was fintech payment platform Sezzle (ASX: SZL), which climbed by another 24 per cent to $2.70 after a strong initial public offering (advised by Ord Minnett) when the stock almost doubled from its $1.22 listing price.
Here are the best performing ASX small cap stocks for Wednesday, July 31:
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
AUH | AustChina Holdings Ltd | 0.004 | +100.00% | $5.6M | 217.9k |
CAD | Caeneus Minerals Ltd | 0.0015 | +50.00% | $3.2M | 1.0M |
FAU | First Au Ltd | 0.03 | +40.91% | $8.1M | 19.2M |
AGE | Alligator Energy Ltd | 0.004 | +33.33% | $4.1M | 137.6k |
ANL | Amani Gold Ltd | 0.004 | +33.33% | $20.9M | 13.7M |
MNC | Metminco Ltd | 0.002 | +33.33% | $2.4M | 14.7M |
RIM | Rimfire Pacific Mining NL | 0.002 | +33.33% | $5.0M | 2.4M |
MSG | MCS Services Ltd | 0.02 | +31.25% | $3.9M | 82.6M |
IP1 | Integrated Payment Technologies | 0.03 | +30.43% | $9.3M | 8.1M |
NUS | Nusantara Resources Ltd | 0.24 | +26.32% | $40.3M | 953.3k |
SOR | Strategic Elements Ltd | 0.05 | +25.00% | $13.6M | 1.7M |
CGN | Crater Gold Mining Ltd | 0.02 | +25.00% | $24.5M | 164.3k |
SZL | Sezzle Inc | 2.73 | +24.09% | $485.6M | 9.8M |
VMC | Venus Metals Corp Ltd | 0.23 | +23.68% | $26.6M | 1.0M |
TV2 | TV2U International Ltd | 0.011 | +22.22% | $28.3M | 63.8M |
TMR | Tempus Resources Ltd | 0.17 | +21.43% | $6.2M | 90.0k |
DOR | Doriemus PLC | 0.04 | +21.21% | $2.3M | 285.0k |
COY | Coppermoly Ltd | 0.006 | +20.00% | $18.0M | 699.1k |
GGX | Gas2Grid Ltd | 0.003 | +20.00% | $5.2M | 1.8M |
WBE | Whitebark Energy Ltd | 0.006 | +20.00% | $11.8M | 48.4M |
BRV | Big River Gold Ltd | 0.02 | +20.00% | $18.5M | 105.6M |
9SP | 9 Spokes International Ltd | 0.03 | +20.00% | $28.5M | 89.3M |
Here are the best performing ASX small cap stocks for Wednesday, July 31:
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
TPD | Talon Petroleum Ltd | 0.002 | -33.33% | $3.6M | 40.0k |
CAD | Caeneus Minerals Ltd | 0.001 | -33.33% | $2.1M | 1.9M |
AUH | AustChina Holdings Ltd | 0.002 | -33.33% | $2.2M | 100.0k |
AKN | Auking Mining Ltd | 0.001 | -33.33% | $933K | 450.0k |
RLE | Real Energy Corp Ltd | 0.03 | -30.61% | $11.9M | 11.6M |
TOM | Tomizone Ltd | 0.003 | -25.00% | $1.3M | 1.6M |
MNC | Metminco Ltd | 0.0015 | -25.00% | $1.8M | 1.1k |
MLS | Metals Australia Ltd | 0.0015 | -25.00% | $4.4M | 1.1M |
GBZ | GBM Resources Ltd | 0.003 | -25.00% | $3.3M | 104.0k |
ATH | Alterity Therapeutics ltd | 0.03 | -20.00% | $24.1M | 2.1M |
AAJ | Aruma Resources Ltd | 0.004 | -20.00% | $2.6M | 1.1M |
PNL | Paringa Resources Ltd | 0.07 | -19.32% | $32.7M | 989.4k |
FDM | Freedom Oil and Gas Ltd | 0.02 | -18.18% | $19.4M | 6.5M |
WBE | Whitebark Energy Ltd | 0.005 | -16.67% | $9.8M | 1.0M |
MTH | Mithril Resources Ltd | 0.005 | -16.67% | $2.1M | 1.8M |
GTG | Genetic Technologies Ltd | 0.005 | -16.67% | $14.7M | 13.6M |
GGX | Gas2Grid Ltd | 0.0025 | -16.67% | $4.3M | 1.5M |
DDT | DataDot Technology Ltd | 0.005 | -16.67% | $4.1M | 110.0k |
CDT | Castle Minerals Ltd | 0.005 | -16.67% | $1.1M | 2.1M |