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…

 

The day ahead

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.

 

Company news

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

 

Markets

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%

 

What got you talking yesterday

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:

Yesterday’s winners

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

Yesterday’s losers

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