Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, we look at when a tie-up with a big biotech is the right move, why Asian investors are so taken with the ASX, and how Brexit-affected small caps are faring.
But first:
The day ahead
The following companies are in trading halts or suspensions and are expected to exit within the next 48 hours:
Friday:
Carawine Resources (ASX:CWX) – capital raising
Swick Mining Services (ASX:SWK) – capital raising
Bardoc Gold (ASX:BDC) – capital raising
Rox Resources (ASX:RXL) – capital raising
Paringa Resources (ASX:PNL) – capital raising
Ausmex Mining Group (ASX:AMG) – sale of gold project
YPB Group (ASX:YPB) – capital raising
Monday:
RMA Global (ASX:RMY) – capital raising
engage:BDR (ASX:EN1) – capital raising
Armour Energy (ASX:AJQ) – capital raising
Allegiance Coal (ASX:AHQ) – capital raising
Linius Technologies (ASX:LNU) – capital raising
Metals X (ASX:MLX) – capital raising
Australian Vanadium (ASX:AVL) – capital raising
Blackstone Minerals (ASX:BSX) – capital raising
Hot Chili (ASX:HCH) – capital raising
MGM Wireless (ASX:MWR) – capital raising
Matsa Resources (ASX:MAT) – capital raising
Rhinomed (ASX:RNO) – capital raising
Red Sky Energy (ASX:ROG) – capital raising & price query response
Markets
Gold: $US1,500.29 ($2,208.07) (0.33%)
Silver: $US17.81 (0.30%)
Oil (WTI): $US 58.83 (1.07%)
Oil (Brent): $US64.83 (1.93%)
Coal: $US70.20 (-0.04%)
Iron 62pc Fe: $US93.46 (-0.54%)
AUD/USD: $US0.6794 (+0.03%)
Bitcoin: $US10,252.33 (+0.72%)
What got you talking yesterday:
On Twitter, users were interested in rare earths:
The growing disconnect between rare earths demand and supply has kept prices of neodymium-praseodymium (NdPr) oxide ticking upwards. https://t.co/Fo2hJTnb8j #ad #asx $ARU
— Stockhead (@StockheadAU) September 19, 2019
Over in our small and micro cap chat Facebook group, members were interested in the esports sector.
Join here for a daily recap of our best stories and plenty of small-cap discussion.
These were the five most-tipped stocks (weekly) on Stocks in Play:
Yesterday’s winners
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| KYK | Kyckr Ltd | 0.2 | +90.48% | $45.9M | 8.1M |
| AZI | Alta Zinc Ltd | 0.005 | +66.67% | $9.1M | 6.2M |
| LKO | Lakes Oil NL | 0.0015 | +50.00% | $50.1M | 2.7M |
| EUC | European Cobalt Ltd | 0.03 | +37.50% | $25.1M | 12.1M |
| BNO | Bionomics Ltd | 0.05 | +35.90% | $28.9M | 11.9M |
| CAV | Carnavale Resources Ltd | 0.004 | +33.33% | $5.9M | 496.3k |
| DDD | 3D Resources Ltd | 0.002 | +33.33% | $2.3M | 3.0M |
| DDT | DataDot Technology Ltd | 0.008 | +33.33% | $6.5M | 2.0M |
| NAE | New Age Exploration Ltd | 0.004 | +33.33% | $3.6M | 1.1M |
| RXH | Rewardle Holdings Ltd | 0.004 | +33.33% | $2.1M | 1.5M |
| TNR | Torian Resources Ltd | 0.02 | +33.33% | $5.1M | 4.5M |
| BOC | Bougainville Copper Ltd | 0.14 | +28.57% | $54.1M | 117.8k |
| CL8 | Collaborate Corp Ltd | 0.009 | +28.57% | $8.9M | 1.1M |
| GLV | Global Vanadium Ltd | 0.0025 | +25.00% | $7.8M | 4.1M |
| FAU | First Au Ltd | 0.02 | +23.08% | $4.8M | 9.4M |
| TYM | Tymlez Group Ltd | 0.06 | +20.83% | $7.6M | 274.1k |
| CFE | Cape Lambert Resources Ltd | 0.006 | +20.00% | $6.4M | 926.6k |
| MTB | Mount Burgess Mining NL | 0.006 | +20.00% | $3.1M | 6.4M |
| UUV | UUV Aquabotix Ltd | 0.006 | +20.00% | $2.4M | 330.8k |
| GSM | Golden State Mining Ltd | 0.12 | +20.00% | $4.4M | 20.0k |
Yesterday’s losers
| Code | Name | Price | % Chg | Market Cap | Volume |
|---|---|---|---|---|---|
| VMG | VDM Group Ltd | 0.002 | -33.33% | $13.9M | 100.0k |
| RIM | Rimfire Pacific Mining NL | 0.002 | -33.33% | $2.7M | 655.2k |
| THD | Thred Ltd | 0.0015 | -25.00% | $2.7M | 1.9M |
| ICG | Inca Minerals Ltd | 0.003 | -25.00% | $9.4M | 2.5M |
| ELT | Elementos Ltd | 0.003 | -25.00% | $4.6M | 50.0k |
| ABL | Abilene Oil and Gas Ltd | 0.003 | -25.00% | $1.2M | 64.2k |
| VKA | Viking Mines Ltd | 0.01 | -23.08% | $3.1M | 61.0k |
| MRQ | MRG Metals Ltd | 0.008 | -20.00% | $6.1M | 16.2M |
| MNC | Metminco Ltd | 0.002 | -20.00% | $13.3M | 1.1M |
| BUY | Bounty Oil & Gas NL | 0.004 | -20.00% | $3.8M | 438.5k |
| ADV | Ardiden Ltd | 0.004 | -20.00% | $6.8M | 2.7M |
| ANP | Antisense Therapeutics Ltd | 0.06 | -18.18% | $26.5M | 16.8M |
| PCL | Pancontinental Oil & Gas NL | 0.0025 | -16.67% | $13.5M | 40.8M |
| MRV | Moreton Resources Ltd | 0.005 | -16.67% | $18.1M | 1.4M |
| MLS | Metals Australia Ltd | 0.0025 | -16.67% | $7.3M | 4.8M |
| AYR | Alloy Resources Ltd | 0.0025 | -16.67% | $4.2M | 455.0k |
| CSE | Copper Strike Ltd | 0.04 | -16.00% | $4.5M | 486.5k |
| FHS | Freehill Mining Ltd | 0.011 | -15.38% | $9.0M | 970.5k |
| RSH | Respiri Ltd | 0.08 | -14.44% | $43.0M | 825.0k |
