On Stockhead today, Asia has its eye on Aussie infant formula players — and it’s paying a premium, the aged care sector is set to boom but more entrants are needed and there will only be enough lithium for VW and Tesla by 2023.

But first:

 

The day ahead

Today the Reserve Bank will release the minutes of its meeting a fortnight ago. These go into more detail than the statement released on the day of its meeting and will give investors clues as to if or when another rate cut will come.

Also the Australian Bureau of Statistics will release its house price index for the second quarter at 11.30am.

 

Company news

The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours:

Tuesday: 

Pacific Energy (ASX:PEA) – proposed control transaction

Wednesday:

Cynata Therapeutics (ASX:CYP) – Fujifilm offer

Thorn Group (ASX:TGA) – capital raising

Corazon Mining (ASX:CZN) – capital raising

K2FLY (ASX:K2F) – capital raising

Meteoric Resources (ASX:MEI) – significant assay results

Proteomics International (ASX:PIQ) – development update

Stonehouse Energy (ASX:SHE) – response to ASX queries

Titanium Sands (ASX:TSL) – resource report

Liquified Natural Gas (ASX:LNG) – additional detail on Vietnam LNG project

Creso Pharma (ASX:CPH) – proposed acquisition

 

Markets

Gold: $US1,501.84 ($2,186.97) +0.71%

Silver: $US17.87 +2.50%

Oil (Brent): $US67.96 +12.84%

Oil (WTI): $US61.89 +12.63%

Coal: $US71.90 +2.03%

Iron ore 62pc FE: $US94.37 -0.42%

AUD/USD: $US0.6866 +0.01%

Bitcoin: $US10,278.83 -0.24%

 

What got you talking yesterday:

Oil was the talking point on Twitter:

…and in our Small and Micro cap chat group (which you can join here). Members and our broader readership enjoyed our inaugural Wildcatter Podcast, hosted by Peter Strachan.

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

 

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
ABL Abilene Oil and Gas Ltd 0.004 +100.00% $1.6M 78.6k
CLB Candy Club Holdings Ltd 0.1 +75.44% $15.4M 3.5M
GGE Grand Gulf Energy Ltd 0.004 +60.00% $3.1M 1.3M
BAL Bellamy's Australia Ltd 12.89 +54.93% $1.5B 29.4M
AKN Auking Mining Ltd 0.003 +50.00% $2.8M 336.0k
CAD Caeneus Minerals Ltd 0.0015 +50.00% $3.2M 1.0M
MNC Metminco Ltd 0.003 +50.00% $20.0M 72.6M
VIC Victory Mines Ltd 0.0015 +50.00% $2.2M 5.8M
WKT Walkabout Resources Ltd 0.26 +36.84% $82.4M 1.7M
MSR Manas Resources Ltd 0.004 +33.33% $10.6M 410.0k
YPB YPB Group Ltd 0.008 +33.33% $9.2M 65.1M
MAG Magmatic Resources Ltd 0.06 +33.33% $7.0M 2.5M
EQE Equus Mining Ltd 0.02 +30.77% $18.4M 7.4M
ADN Andromeda Metals Ltd 0.06 +27.66% $81.4M 38.2M
BOC Bougainville Copper Ltd 0.13 +27.55% $50.1M 83.9k
SEA Sundance Energy Australia Ltd 0.24 +26.32% $165.0M 20.4M
ROG Red Sky Energy Ltd 0.0025 +25.00% $3.1M 5.0M
TSC Twenty Seven Co Ltd 0.005 +25.00% $5.4M 2.2M
DRO DroneShield Ltd 0.4 +23.44% $95.2M 22.9M
LNG Liquefied Natural Gas Ltd 0.3 +22.45% $172.8M 12.6M

 

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
GPP Greenpower Energy Ltd 0.001 -33.33% $2.3M 1.0M
BUY Bounty Oil & Gas NL 0.004 -33.33% $3.8M 2.3M
GBR Great Boulder Resources Ltd 0.04 -26.00% $3.7M 46.3k
THD Thred Ltd 0.0015 -25.00% $2.7M 491.0k
MDI Middle Island Resources Ltd 0.007 -22.22% $7.3M 300.0k
MTC MetalsTech Ltd 0.015 -21.05% $1.8M 3.0k
MLS Metals Australia Ltd 0.002 -20.00% $5.9M 6.5M
PEC Perpetual Resources Ltd 0.03 -18.92% $9.3M 100.0k
PGY Pilot Energy Ltd 0.04 -17.78% $2.9M 437.7k
VAL Valor Resources Ltd 0.005 -16.67% $9.5M 2.6M
TKL Traka Resources Ltd 0.01 -16.67% $4.0M 1.7M
AYR Alloy Resources Ltd 0.0025 -16.67% $4.2M 4.1M
AAJ Aruma Resources Ltd 0.005 -16.67% $3.3M 3.1M
RES Resource Generation Ltd 0.1 -16.67% $58.1M 814.8k
PPL Pureprofile Ltd 0.02 -15.79% $1.9M 946.3k
MZN Marindi Metals Ltd 0.11 -15.38% $8.8M 80.6k
IPD ImpediMed Ltd 0.17 -15.38% $83.7M 1.3M