On Stockhead today, we give you a glimpse at the small caps breaking into South American cannabis, the RBA turns to Airwallex for advice and the most popular US stocks and ETFs among Australian investors.

But first:

The week ahead

This week marks not only a new month but a new season, and there’s a spring bonanza of key economic data for investors to consider.

Early on, the final GDP inputs will start filtering through from the ABS ahead of Wednesday’s headline release — the Q2 national accounts.

Annual GDP growth is expected to remain soft at just 1.4 per cent as the economy continues to slow. Quarter-on-quarter growth is forecast at 0.4 per cent, although the ANZ team thinks it will be just 0.2 per cent.

Ahead of all that on Tuesday afternoon, the RBA will take centre stage with its September policy announcement.

Some market commentators have questioned the timing of the rates meeting, given it falls one day before what may be a weak GDP print.

Westpac chief economist Bill Evans expects the RBA to hold rates this week, before cutting again in October

On Tuesday morning before the RBA there’s July retail sales data, and this morning CoreLogic will release monthly home price figures which are expected to show a strong increase in Sydney and Melbourne house prices.

Company news

The following companies are due out of trading halts in the next 48 hours.

Monday:

Investigator Resources (ASX:IVR) – capital raising
Greenpower Energy (ASX:GPP) – capital raising
Syndicated Metals (ASX:SMD) – capital raising
Lake Resources (ASX:LKE) – capital raising
Pacifico Minerals (ASX:PMY) – capital raising
Victory Mines (ASX:VIC) – capital raising
Todd River Resources (ASX:TRT) – capital raising
Pilbara Minerals (ASX:PLS) – response to speculation
Valor Resources (ASX:VAL) – response to ASX query letter
Slater and Gordon (ASX:SGH) – capital raising

Tuesday:

Rumble Resources (ASX:RTR) – capital raising
St George Mining (ASX:SGQ) – drilling results
Alicanto Minerals (ASX:AQI) – capital raising

Markets

Gold: $US1,520.50 ($2,258.62) -0.50%

Silver: $US18.36 +0.57%

Oil (Brent): $US59.08 -2.33%

Oil (WTI): $US5585.08.16 -2.73%

Coal: $US65.85 +0.61%

Iron ore 62pc Fe: $US81.47 -1.2%

AUD/USD: $US0.6739 +0.22%

Bitcoin: $US9,538.52 +0.16%

What got you talking last week

Over on Stockhead’s Facebook group chat, members were most interested in the latest developments in quantum computing as well as our summary of some of the wildest analyst “buy” recommendations in 2019.

Sign up here for a daily recap of our best stories and plenty of small-cap discussion.

These were the five most-tipped stocks on Stocks in Play on Friday:

 

 

 

 

 

 

 

 

 

 

 

$ARS – Alt Resources

$VAL – Valor Resources

$STX – Strike Energy

$HMX – Hammer Metals

$WZR – Wisr Limited 

Last week’s winners

Here are the best performing ASX small cap stocks for August 26-30 (intraday):

Swipe or scroll to reveal full table. Click headings to sort:

Code Name Price last Friday Price this Friday 1 Week Return Market Cap
KEY KEY PETROLEUM LTD 0.003 0.008 133 $ 11,721,235.00
WGO WARREGO ENERGY LTD 0.185 0.420 108 $ 243,103,808.00
EER EAST ENERGY RESOURCES LTD 0.002 0.004 100 $ 12,803,948.00
GPP GREENPOWER ENERGY LTD 0.001 0.002 100 $ 4,004,490.50
STX STRIKE ENERGY LTD 0.145 0.300 86 $ 420,159,424.00
TTB TOTAL BRAIN LTD 0.020 0.033 75 $ 27,219,094.00
GTE GREAT WESTERN EXPLORATION LT 0.004 0.007 75 $ 9,348,016.00
CHZ CHESSER RESOURCES LTD 0.040 0.068 70 $ 16,917,052.00
MZNDA MARINDI METALS LTD 0.060 0.100 67 $ 5,585,335.00
BYE BYRON ENERGY LTD 0.230 0.380 63 $ 264,515,024.00
SPZ SMART PARKING LTD 0.130 0.210 58 $ 73,639,152.00
GLA GLADIATOR RESOURCES LTD 0.001 0.002 50 $ 2,354,001.25
LKO LAKES OIL NL 0.001 0.002 50 $ 50,048,924.00
PNN PEPINNINI LITHIUM LTD 0.002 0.003 50 $ 3,714,035.25
AYR ALLOY RESOURCES LTD 0.002 0.003 50 $ 5,079,833.00
DDD 3D RESOURCES LTD 0.002 0.003 50 $ 3,471,663.25
ABL ABILENE OIL AND GAS LTD 0.002 0.003 50 $ 1,192,843.00
NWE NORWEST ENERGY NL 0.004 0.006 50 $ 20,292,556.00
SRN SUREFIRE RESOURCES NL 0.006 0.009 50 $ 4,528,383.00

Last week’s losers

Here are the worst performing ASX small cap stocks for August 26-30 (intraday):

Swipe or scroll to reveal full table. Click headings to sort:

Code Name Price last Friday Price this Friday 1 Week Return Market Cap
BLY BOART LONGYEAR LTD 0.008 0.006 -25 $ 157,777,296.00
THD THRED LTD 0.002 0.002 -25 $ 2,684,086.25
ECT ENVIRONMENTAL CLEAN TECHNOLO 0.004 0.003 -25 $ 14,401,549.00
TRL TANGA RESOURCES LTD 0.004 0.003 -25 $ 3,819,082.50
REF REVERSE CORP LTD 0.012 0.010 -25 $ 835,745.06
AQS AQUIS ENTERTAINMENT LTD 0.035 0.026 -26 $ 4,813,667.50
SDX SIENNA CANCER DIAGNOSTICS LT 0.049 0.036 -27 $ 10,405,986.00
AER AEERIS LTD 0.150 0.110 -27 $ 6,597,124.50
4CE FORCE COMMODITIES LTD 0.018 0.015 -28 $ 6,450,012.00
AYS AMAYSIM AUSTRALIA LTD 0.670 0.500 -28 $ 141,653,008.00
KTE K2 ENERGY LTD 0.007 0.005 -29 $ 1,503,285.75
RGL RIVERSGOLD LTD 0.020 0.014 -30 $ 1,416,541.63
AJL AJ LUCAS GROUP LTD 0.215 0.145 -33 $ 108,764,096.00
GGX GAS2GRID LTD 0.003 0.002 -33 $ 2,514,515.75
TOM TOMIZONE LTD 0.003 0.002 -33 $ 850,401.38
RXH REWARDLE HOLDINGS LTD 0.006 0.004 -33 $ 2,105,286.00
TPD TALON PETROLEUM LTD 0.003 0.002 -33 $ 3,553,579.00
RPM RPM AUTOMOTIVE GROUP LTD 0.296 0.195 -34 $ 1,839,718.88
VAR VARISCAN MINES LTD 0.002 0.001 -50 $ 1,558,573.63
SDA SPEEDCAST INTERNATIONAL LTD 1.715 0.770 -56 $ 181,004,656.00