On Stockhead today, has China snubbed Aussie coal for good, the most in-demand stocks on the ASX right now, and sellers are dominating this week’s directors’ trades market.

Also, today is opening day for Australia biggest annual mining conference, the legendary Diggers & Dealers hoedown in Kalgoorlie. Our own Reuben Adams is there, and promises to resist the town’s many charms to bring you all the newsworthiest news as it drops. Here’s his Day 1 preview.

Stay strong, Reubs.

But first:

The week ahead

Key data and events in Australia will be led by the Reserve Bank’s policy announcement on Tuesday. Rates are expected to stay on hold now at one per cent following two consecutive cuts.

Also on Friday, RBA Governor Philip Lowe will give his half-yearly testimony to parliament, and the central bank will release its latest set of economic forecasts in the quarterly Statement on Monetary Policy.

Elsewhere, the ABS has June trade data on Tuesday and housing finance figures on Wednesday.

Looking abroad, there’s a raft of July PMI activity figures across major economies to start the week. New Zealand has Q2 employment figures on Tuesday and China will release July inflation figures on Friday.

It’s a quieter run of key data out of the US, with a number of speakers from the US Fed scheduled throughout the week.

Company news

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

Monday:
Big River Gold (ASX: BRV) – capital raising
Bounty Mining (ASX: B2Y) – capital raising
Galan Liathium (ASX: GLN) – capital raising
Coziron Resources (ASX: CZR) – capital raising
Vango Mining (ASX: VAN) – exploration results
Anglo Australian Resources (ASX: AAR) – capital raise
ReNu Energy (ASX: RNE) – material transaction

Tuesday:
Oakdale Resources (ASX: OAR) – capital raising
Rumble Resources (ASX: RTR) – acquisition
S2 Resources (ASX: S2R) – exploration results
MGM Wireless (ASX: MWR) – distribution agreement
Venturex Resources (ASX: VXR) – debt funding

Markets

Gold: $US1,440.46 ($2,119.98) -0.32%

Silver: $US16.21 -0.70%

Oil (Brent): $US61.89 +2.30%

Oil (WTI): $US55.66 +3.17%

Coal: $US74.90 +0.13%

Iron ore 62pc fe: $US106.51 -4.92%

AUD/USD: $US0.6795 -0.09%

What got you talking last week

There was plenty that caught our readers’ eye over the past week, from how to find gold on trees to the looming threat posed by neo-lenders to Australia’s big banks — and pretty much everything in between. It’s all summarised here (along with some fine cricket banter) in the latest edition of Kick Back.

These were the five most-discussed stocks among ASX investors on Friday, August 2:

$LTR – Liontown Resources
$ADN – Andromeda Metals
$FMG – Fortescue Metals
$GXY – Galaxy Resources
$STX – Strike Energy

Last week’s winners

Australia’s bustling buy-now-pay-later sector got a new member this week in Sezzle (ASX:SZL), and just like the addition before that in Splitit (ASX:SPT), the company had a great debut.

After raising $43.6 million selling shares at $1.22 a pop, SZL shares rose 95 per cent and were trading at $2.36 on Friday afternoon.

It was another good week for drone killers DroneShield (ASX:DRO), which has stitched up a spate of deals and partnership agreements in recent weeks. The stock closed at 31 cents for a weekly gain of around 60 per cent.

Here are the best performing ASX small cap stocks for July 29-Aug 2 (intraday):

Ticker Name Price Last Friday Price This Friday [intraday] Total Return % Market Cap
CDH CHONGHERR INVESTMENTS LTD 0.003 0.013 333 $ 1,692,696.13
NWE NORWEST ENERGY NL 0.002 0.004 100 $ 13,528,371.00
CLZ CLASSIC MINERALS LTD 0.001 0.002 100 $ 7,642,040.00
BRV BIG RIVER GOLD LTD 0.009 0.018 100 $ 18,506,124.00
VMG VDM GROUP LTD 0.002 0.003 100 $ 18,832,982.00
SZL SEZZLE INC-CDI 1.230 2.36 95 $ 444,645,152.00
CXZ CONNEXION TELEMATICS LTD 0.021 0.023 77 $ 19,553,798.00
SCN SCORPION MINERALS LTD 0.007 0.007 75 $ 1,239,171.63
ADN ANDROMEDA METALS LTD 0.025 0.034 67 $ 47,442,472.00
AO1 ASSETOWL LTD 0.006 0.010 67 $ 3,012,208.00
IP1 INTEGRATED PAYMENT TECHNOLOG 0.023 0.042 61 $ 11,427,091.00
COY COPPERMOLY LTD 0.005 0.008 60 $ 17,017,712.00
VMC VENUS METALS CORP LTD 0.180 0.245 60 $ 27,175,526.00
DRO DRONESHIELD LTD 0.270 0.300 58 $ 58,013,632.00
CGN CRATER GOLD MINING LTD 0.014 0.022 57 $ 27,004,910.00
SPX SPECTRUM METALS LTD 0.060 0.083 54 $ 108,748,304.00
OBM ORA BANDA MINING LTD 0.145 0.225 50 $ 102,148,192.00
SUR SUN RESOURCES NL 0.002 0.004 50 $ 2,868,172.75
GLV GLOBAL VANADIUM LTD 0.002 0.003 50 $ 8,488,440.00
CAV CARNAVALE RESOURCES LTD 0.002 0.003 50 $ 3,398,480.50
THD THRED LTD 0.001 0.002 50 $ 2,684,086.25
ARO ASTRO RESOURCES NL 0.002 0.003 50 $ 3,816,292.00
IAM INTIGER GROUP LTD 0.001 0.002 50 $ 2,516,843.75
VIC VICTORY MINES LTD 0.002 0.001 50 $ 2,044,848.25
PPY PAPYRUS AUSTRALIA LTD 0.007 0.009 50 $ 2,116,345.75
RXL ROX RESOURCES LTD 0.015 0.023 47 $ 28,408,172.00
ETE ENTEK ENERGY LTD 0.007 0.010 43 $ 4,897,289.50
AQS AQUIS ENTERTAINMENT LTD 0.028 0.040 43 $ 7,405,642.00
NGY NUENERGY GAS LTD 0.007 0.010 43 $ 14,809,555.00
FUN FUNTASTIC LTD 0.060 0.067 43 $ 15,622,852.00

Last week’s losers

Shareholders in financial services provider N1 Holdings (ASX:N1H) reacted poorly to the company’s quarterly report.

The company has been looking to build a footprint in the market for business lending, but its shares dropped 65 per cent to 3c in response to a quarter-on-quarter decrease in customer receipts.

Here are the worst performing ASX small cap stocks for July 29-Aug 2 (intraday):

Code Name Price last Friday Price this Friday [intraday] Total Return % Market Cap
ORM ORION METALS LTD 0.015 0.015 -25 $ 7,351,461.50
EER EAST ENERGY RESOURCES LTD 0.004 0.003 -25 $ 9,602,961.00
TOM TOMIZONE LTD 0.004 0.003 -25 $ 1,275,602.00
GBZ GBM RESOURCES LTD 0.004 0.003 -25 $ 3,271,791.00
AGE ALLIGATOR ENERGY LTD 0.004 0.003 -25 $ 3,071,071.75
MHC MANHATTAN CORP LTD 0.004 0.003 -25 $ 2,223,836.00
BMG BMG RESOURCES LTD 0.015 0.013 -25 $ 6,692,788.50
DDD 3D RESOURCES LTD 0.002 0.002 -25 $ 1,660,831.63
FE8 FASTER ENTERPRISES LTD 0.016 0.012 -25 $ 1,330,624.88
LHM LAND & HOMES GROUP LTD 0.012 0.009 -25 $ 9,444,504.00
NTI NEUROTECH INTERNATIONAL LTD 0.025 0.019 -27 $ 2,579,133.50
RLE REAL ENERGY CORP LTD 0.047 0.032 -29 $ 11,880,253.00
RD1 REGISTRY DIRECT LTD 0.017 0.012 -29 $ 2,068,479.88
RPG RAPTIS GROUP LTD 0.070 0.049 -30 $ 7,489,279.00
SRO SHAREROOT LTD 0.002 0.001 -33 $ 2,849,065.50
SAN SAGALIO ENERGY LTD 0.003 0.002 -33 $ 409,320.25
PSM PENINSULA MINES LTD 0.003 0.002 -33 $ 2,025,744.13
TYM TYMLEZ GROUP LTD 0.150 0.089 -33 $ 11,761,197.00
FDM FREEDOM OIL AND GAS LTD 0.023 0.015 -38 $ 16,155,338.00
CMC CHINA MAGNESIUM CORP LTD 0.018 0.011 -39 $ 5,086,824.00
TRM TRUSCOTT MINING CORP LTD 0.007 0.009 -40 $ 1,060,573.88
XPE XPED LTD 0.002 0.002 -50 $ 1,506,830.75
SHK STONE RESOURCES AUSTRALIA LT 0.002 0.001 -50 $ 811,646.13
N1H N1 HOLDINGS LTD 0.085 0.030 -65 $ 2,446,667.25