Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, is 5G a win for small caps, the “hockey stick” moment for Australian cannabis and a bunch of small caps are paying shareholders better than their large cap counterparts.
But first…
Today we are expecting the Melbourne Institute will release its monthly consumer inflation expectations.
This will provide further insight for the RBA as to the state of the economy. Yesterday’s weak consumer confidence figures led to economists, such as Westpac’s Bill Evans, predicting another rate cut could happen as soon as next month.
The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours.
Thursday:
Strategic Elements (ASX:SOR) – AI agreement
Chesser Resources (ASX:CHZ) – capital raising
Havilah Resources (ASX:HAV) – proposed investment
Friday:
Cougar Metals (ASX:CGM) – response to query
88 Energy (ASX:88E) – capital raising
Paladin Energy (ASX:PDN) – capital raising
Mithril Resources (ASX:MTH) – capital raising
SciDev (ASX:SDV) – capital raising
Gold: $US1,496.89 ($2,181.72) +0.76%
Silver: $US18.16 +0.72%
Oil (Brent): $US60.99 -2.26%
Oil (WTI): $US55.92 -0.61%
Coal: $US69.05 -0.55%
Iron ore 62pc Fe: $US92.34 +1.06%
AUD/USD: $US0.6869 +0.12%
Bitcoin: $US10,145.12 +0.49%
Over in our Facebook Small and Micro Cap chat group members have been interested in how to resolve space congestion and stocks that could benefit as millennials enter their peak spending era.
We also formally welcomed 38 new members. If you aren’t a member you can join here.
These were the five most tipped stocks (weekly) on Stocks in Play:
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
CAD | Caeneus Minerals Ltd | 0.002 | +100.00% | $4.3M | 2.0M |
UTR | Ultracharge Ltd | 0.002 | +100.00% | $2.2M | 2.4M |
VYS | Vysarn Ltd | 0.06 | +85.71% | $19.3M | 8.7M |
TKM | Trek Metals Ltd | 0.005 | +66.67% | $2.2M | 14.5M |
PNN | PepinNini Lithium Ltd | 0.003 | +50.00% | $3.7M | 25.1M |
PSM | Peninsula Mines Ltd | 0.003 | +50.00% | $3.0M | 3.0M |
RXH | Rewardle Holdings Ltd | 0.003 | +50.00% | $1.6M | 1.3M |
THD | Thred Ltd | 0.003 | +50.00% | $2.7M | 2.5M |
CCZ | Castillo Copper Ltd | 0.03 | +44.44% | $16.7M | 3.8M |
CDX | CardieX Ltd | 0.03 | +37.50% | $23.0M | 19.5M |
NOR | Norwood Systems Ltd | 0.004 | +33.33% | $8.3M | 4.7M |
ROG | Red Sky Energy Ltd | 0.002 | +33.33% | $2.5M | 208.7M |
BLG | BluGlass Ltd | 0.14 | +33.33% | $58.6M | 2.3M |
CWX | Carawine Resources Ltd | 0.19 | +27.59% | $10.3M | 426.0k |
DEV | DevEx Resources Ltd | 0.08 | +25.00% | $10.0M | 1.9M |
AQD | AusQuest Ltd | 0.01 | +25.00% | $8.2M | 1.1M |
MLS | Metals Australia Ltd | 0.005 | +25.00% | $7.3M | 1.7M |
GSW | GetSwift Ltd | 0.47 | +20.78% | $87.7M | 2.8M |
AAJ | Aruma Resources Ltd | 0.01 | +20.00% | $3.9M | 200.0k |
ANL | Amani Gold Ltd | 0.003 | +20.00% | $15.6M | 9.1M |
MHC | Manhattan Corp Ltd | 0.006 | +20.00% | $4.4M | 3.2M |
SUR | Sun Resources NL | 0.003 | +20.00% | $4.0M | 6.1M |
Code | Name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
BNL | Big Star Energy Ltd | 0.008 | -55.56% | $3.8M | 189.9M |
DTR | Dateline Resources Ltd | 0.002 | -42.86% | $16.3M | 119.9M |
CTE | Cryosite Ltd | 0.04 | -29.82% | $1.9M | 173.0k |
SEA | Sundance Energy Australia Ltd | 0.19 | -26.92% | $130.6M | 36.9M |
QEM | QEM Ltd | 0.09 | -20.83% | $9.5M | 85 |
TPD | Talon Petroleum Ltd | 0.002 | -20.00% | $3.6M | 9.0M |
PCL | Pancontinental Oil & Gas NL | 0.002 | -20.00% | $10.8M | 53.5k |
SCL | Schrole Group Ltd | 0.009 | -18.18% | $7.1M | 149.5k |
RIM | Rimfire Pacific Mining NL | 0.005 | -16.67% | $3.4M | 250.0k |
RAN | Range International Ltd | 0.02 | -16.67% | $4.0M | 1.2M |
CMD | Cassius Mining Ltd | 0.01 | -16.67% | $2.6M | 1.7M |
AHL | AHAlife Holdings Ltd | 0.01 | -16.67% | $10.1M | 2.3M |
PGY | Pilot Energy Ltd | 0.04 | -16.00% | $3.3M | 3.1M |
KGD | Kula Gold Ltd | 0.02 | -15.00% | $1.0M | 15.0k |
IVO | Invigor Group Ltd | 0.003 | -14.29% | $8.6M | 25.9k |
ISX | iSignthis Ltd | 1.41 | -14.29% | $1.5B | 19.8M |
EQE | Equus Mining Ltd | 0.01 | -13.33% | $14.1M | 158.3k |