Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today: Dr Boreham’s prognosis on Clinuvel, which stocks are in most demand right now, what small cap directors are splashing out on and Barry FitzGerald’s take on Ardiden looking for a golden opportunity in Canada.
But first…
This week is a quiet week in data. On Wednesday at 11am, month on month skilled vacancies will be released and on Thursday the Commonwealth Bank will release the Purchasing Managers’ Index.
However, with the quarterly deadline looming next Thursday (October 31) companies have begun to lodge them and these will trickle in across the week notwithstanding the majority that will come out closer to the deadline.
The following companies are in trading halts and expected to exit within the next 48 hours:
Monday:
Karios Minerals (ASX:KAI) – capital raising
Ultracharge (ASX:UTR) – proposed acquisition
Palla Pharma (ASX:PAL) – capital raising
Great Souther Mining (ASX:GSN) – capital raising
WiseTech Global (ASX:WTC) – response to J Capital report
Tuesday:
Millennium Minerals (ASX:MOY) – finance facility increase
CropLogic (ASX:CLI) – response to ASX query
Gold: US$1,491.59 (-0.14%)
Silver: $17.55 (+0.09%)
Oil (WTI): $53.78 (-0.43%)
Oil (Brent): $59.15 (-1.02%)
Coal: $68.80 (+0.07%)
Iron 62pc Fe: $85.50 (Unchanged)
AUD/USD: 0.6856 (+0.47%)
Bitcoin: US$7,916.59 (-0.29%)
On Twitter our followers were most interested in Australian Vanadium’s (ASX:AVL) latest sales deal for its vanadium batteries with the agricultural sector.
“We are seeing increased interest from the agricultural sector and remote communities,” @VSUNEnergy says — “It is a very large market in Australia.” #ASX #ausbiz #vanadium https://t.co/4dnM7UfWPs
— Stockhead (@StockheadAU) October 17, 2019
Meanwhile, in our Facebook small and micro chat group, members were most interested in what sectors Asian investors looking towards Australia were interested in. You can join our group here.
These were the 5 most tipped stocks (weekly) on Stocks in Play:
Code | Name | Price last Friday | Price this Friday (1pm) | Return | Market Cap |
---|---|---|---|---|---|
CDT | CASTLE MINERALS LTD | 0.009 | 0.007 | -22 | 1.57M |
AQD | AUSQUEST LTD | 0.018 | 0.014 | -22 | 7.69M |
TMX | TERRAIN MINERALS LTD | 0.004 | 0.003 | -25 | 2.15M |
ANL | AMANI GOLD LTD | 0.004 | 0.003 | -25 | 15.64M |
VAR | VARISCAN MINES LTD | 0.002 | 0.002 | -25 | 2.34M |
BPH | BPH ENERGY LTD | 0.002 | 0.002 | -25 | 4.49M |
ELT | ELEMENTOS LTD | 0.004 | 0.003 | -25 | 4.63M |
ENX | ENEGEX LTD | 0.012 | 0.009 | -25 | 724.50k |
RFN | REFFIND LTD | 0.006 | 0.004 | -25 | 2.88M |
HSC | HOMESTAY CARE LTD | 0.007 | 0.005 | -26 | 4.00M |
KTG | K-TIG LTD | 0.450 | 0.335 | -26 | 48.44M |
RFR | RAFAELLA RESOURCES LTD | 0.150 | 0.110 | -27 | 7.75M |
SRN | SUREFIRE RESOURCES NL | 0.010 | 0.007 | -30 | 4.40M |
JPR | JUPITER ENERGY LTD | 0.010 | 0.007 | -30 | 1.07M |
FRX | FLEXIROAM LTD | 0.040 | 0.028 | -30 | 7.26M |
ICG | INCA MINERALS LTD | 0.003 | 0.002 | -33 | 7.06M |
BAS | BASS OIL LTD | 0.003 | 0.002 | -33 | 6.23M |
IAM | INTIGER GROUP LTD | 0.002 | 0.001 | -33 | 1.68M |
VMG | VDM GROUP LTD | 0.003 | 0.002 | -33 | 13.86M |
AVE | AVECHO BIOTECHNOLOGY LTD | 0.006 | 0.004 | -33 | 6.31M |
EXO | ENNOX GROUP LTD | 0.003 | 0.002 | -33 | 3.54M |
FGO | FLAMINGO AI LTD | 0.003 | 0.002 | -33 | 2.24M |
TRL | TANGA RESOURCES LTD | 0.003 | 0.002 | -33 | 3.16M |
LCY | LEGACY IRON ORE LTD | 0.005 | 0.003 | -40 | 4.40M |