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.



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


Want this headstart in your inbox every morning at 8am? Go on. Subscribe here. It’s free.


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 codeCompany namePricePercentage changeMarket capVolume
SPX Spectrum Metals Ltd0.008100%$8,400,00097.4M
AKN Auking Mining Ltd0.001550%$1,400,000290.0k
BAS Bass Oil Ltd0.00433%$10,400,0002.7M
CLZ Classic Minerals Ltd0.00233%$5,400,0006.3M
LRS Latin Resources Ltd0.00233%$5,800,00013.7M
RMP Red Emperor Resources NL0.0632%$29,900,00040.7M
SMX Security Matters Ltd0.632%$58,000,0002.7M
CLA Celsius Resources Ltd0.02532%$18,200,00024.8M
QFY Quantify Technology Holdings L0.00929%$8,800,0007.7M
FHS Freehill Mining Ltd0.01927%$12,600,0005.0M
SIL Smiles Inclusive Ltd0.1726%$10,400,0003.2M
AUL Austar Gold Ltd0.00425%$17,000,0002.5M
CZN Corazon Mining Ltd0.00525%$6,300,000850.0k
DDD 3D Resources Ltd0.00325%$2,800,00017.5M
MNC Metminco Ltd0.00325%$3,000,000400.0k
PCL Pancontinental Oil & Gas NL0.00325%$13,500,0001.7M
QGL Quantum Graphite Ltd0.00325%$18,700,000200.0k
NCR NuCoal Resources Ltd0.01923%$14,600,0003.8M
ADN Andromeda Metals Ltd0.00620%$8,100,0004.9M
LNY Laneway Resources Ltd0.00620%$22,100,000975.0k


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 codeCompany nameLast price% changeMarket capVolume
TMK Tamaska Oil & Gas Ltd0.001-50.00%$2,100,0001.0M
CIO Connected IO Ltd0.002-33.33%$5,400,0001.8M
IDZ Indoor Skydiving Australia Gro0.006-33.33%$820,0003.5M
ROG Red Sky Energy Ltd0.002-25.00%$1,200,000250.0k
NVO NVOI Ltd0.003-25.00%$1,700,000760.2k
CYQ Cycliq Group Ltd0.003-25.00%$2,900,000841.9k
CGM Cougar Metals NL0.002-25.00%$1,500,0001.8M
BLY Boart Longyear Ltd0.003-25.00%$105,200,0003.3M
JPR Jupiter Energy Ltd0.03-23.08%$4,600,00013.3k
LAW LawFinance Ltd0.055-20.29%$26,600,0002.2M
ZIP ZipTel Ltd0.012-20.00%$1,800,0001.0M
MDI Middle Island Resources Ltd0.008-20.00%$8,400,000102.9k
VLT Vault Intelligence Ltd0.14-19.44%$15,400,000500.8k
AR9 Archtis Ltd0.08-19.00%$10,000,00020.4k
BCC Beam Communications Holdings L0.15-18.92%$7,900,00010.0k
AIY Authorised Investment Fund Ltd0.09-17.14%$37,700,0002.8M
EAX Energy Action Ltd0.25-16.67%$6,500,00027.5k
MGT Magnetite Mines Ltd0.005-16.67%$3,700,000685.6k
ADX ADX Energy Ltd0.005-16.67%$6,000,000173.6k
BSM Bass Metals Ltd0.011-15.38%$30,400,00011.4M
ODA Orcoda Ltd0.11-15.38%$9,800,0003.3k


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