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:

The day ahead

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.

Company news

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%

What got you talking yesterday

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

Yesterday’s winners

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
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Yesterday’s losers

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
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