Good morning all, and welcome to the middle of the week. Coming up on Stockhead today, Ex-tech wreck 1 Page is back! Bill Gates and Jeff Bezos team up in a hunt for the rest of the world’s cobalt. And two things every investor should consider, but probably aren’t.

But first, here’s what you need to know right now:

 

The day ahead in data

Today the Australian Bureau of Statistics is releasing yearly and quarterly gross domestic product data, which is a measure of the market value of all the final goods and services produced in the country over the past year.

 

Company news

One company, Proteomics International (ASX:PIQ), has 3.9 million shares being released from escrow today.

Serpentine Technologies (ASX:S3R) is meant to be coming out of a trading halt today, but it may not, as its shares were put into voluntary suspension on Monday.

The company is due to release information about the proposed acquisition of an Australian-based precision fabrication business.

 

Commodities

Gold: $US1286.91 ($1815.70) -0.06%

Silver: $US15.13 +0.31%

Oil (Brent): $US65.97 +1.03%

Oil (WTI): $US56.62 +0.19%

Coal: $US96.98 +0.50%

Iron ore 62% fe: $US85.42 -0.65%

AUD/USD: $US0.7088

 

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What got you talking yesterday

Rod Sims, chairman of the ACCC, called on state governments to free up regulations around gas exploration in order to spur more investment in the sector, and that was of interest on Stockhead‘s Facebook chat forum, with how that might have flow-on effects for small caps.

And Paul Benhaim, boss of Elixinol (ASX:EXL), was in The Pot Seat talking about his plan to stay on top in what is now the biggest and most competitive hemp market in the world.

Celsius Resources (ASX:CLA) was still generating plenty of interest on stock gossip forum HotCopper yesterday, after it announced on Monday the cobalt price was too weak for it to continue evaluating its cobalt project in Namibia.

 

 

Yesterday’s winners

Celsius did recover somewhat yesterday, however, though it was perhaps inevitable. Shares rose 32 per cent to recover to 2.5c.

Smiles Inclusive (ASX:SIL) had something to smile about yesterday, with its shares rising 26 per cent to 17c.

The company says its bankers have agreed – for the moment – to overlook any past breaches of its debt covenants.

And this picture caused AuStar (ASX:AUL) shares to rise 25 per cent to 0.4c yesterday:

Abundant free gold from McNally’s Reef at the Morning Star mine. Pic: Austar

The company intersected visible gold at a legendary old minefield in Victoria.

ASX code Company name Price Percentage change Market cap Volume
SPX Spectrum Metals Ltd 0.008 100% $8,400,000 97.4M
AKN Auking Mining Ltd 0.0015 50% $1,400,000 290.0k
BAS Bass Oil Ltd 0.004 33% $10,400,000 2.7M
CLZ Classic Minerals Ltd 0.002 33% $5,400,000 6.3M
LRS Latin Resources Ltd 0.002 33% $5,800,000 13.7M
RMP Red Emperor Resources NL 0.06 32% $29,900,000 40.7M
SMX Security Matters Ltd 0.6 32% $58,000,000 2.7M
CLA Celsius Resources Ltd 0.025 32% $18,200,000 24.8M
QFY Quantify Technology Holdings L 0.009 29% $8,800,000 7.7M
FHS Freehill Mining Ltd 0.019 27% $12,600,000 5.0M
SIL Smiles Inclusive Ltd 0.17 26% $10,400,000 3.2M
AUL Austar Gold Ltd 0.004 25% $17,000,000 2.5M
CZN Corazon Mining Ltd 0.005 25% $6,300,000 850.0k
DDD 3D Resources Ltd 0.003 25% $2,800,000 17.5M
MNC Metminco Ltd 0.003 25% $3,000,000 400.0k
PCL Pancontinental Oil & Gas NL 0.003 25% $13,500,000 1.7M
QGL Quantum Graphite Ltd 0.003 25% $18,700,000 200.0k
NCR NuCoal Resources Ltd 0.019 23% $14,600,000 3.8M
ADN Andromeda Metals Ltd 0.006 20% $8,100,000 4.9M
LNY Laneway Resources Ltd 0.006 20% $22,100,000 975.0k

 

Yesterday’s losers

Authorised Investment Fund (ASX:AIY) shares fell 17 per cent on news it would acquire 30 per cent of SpartaCard, a crypto company.

ASX code Company name Last price % change Market cap Volume
TMK Tamaska Oil & Gas Ltd 0.001 -50.00% $2,100,000 1.0M
CIO Connected IO Ltd 0.002 -33.33% $5,400,000 1.8M
IDZ Indoor Skydiving Australia Gro 0.006 -33.33% $820,000 3.5M
ROG Red Sky Energy Ltd 0.002 -25.00% $1,200,000 250.0k
NVO NVOI Ltd 0.003 -25.00% $1,700,000 760.2k
CYQ Cycliq Group Ltd 0.003 -25.00% $2,900,000 841.9k
CGM Cougar Metals NL 0.002 -25.00% $1,500,000 1.8M
BLY Boart Longyear Ltd 0.003 -25.00% $105,200,000 3.3M
JPR Jupiter Energy Ltd 0.03 -23.08% $4,600,000 13.3k
LAW LawFinance Ltd 0.055 -20.29% $26,600,000 2.2M
ZIP ZipTel Ltd 0.012 -20.00% $1,800,000 1.0M
MDI Middle Island Resources Ltd 0.008 -20.00% $8,400,000 102.9k
VLT Vault Intelligence Ltd 0.14 -19.44% $15,400,000 500.8k
AR9 Archtis Ltd 0.08 -19.00% $10,000,000 20.4k
BCC Beam Communications Holdings L 0.15 -18.92% $7,900,000 10.0k
AIY Authorised Investment Fund Ltd 0.09 -17.14% $37,700,000 2.8M
EAX Energy Action Ltd 0.25 -16.67% $6,500,000 27.5k
MGT Magnetite Mines Ltd 0.005 -16.67% $3,700,000 685.6k
ADX ADX Energy Ltd 0.005 -16.67% $6,000,000 173.6k
BSM Bass Metals Ltd 0.011 -15.38% $30,400,000 11.4M
ODA Orcoda Ltd 0.11 -15.38% $9,800,000 3.3k

 

That’s all you need to know. Hop to it!