Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, we take a look at what’s happening with cannabis plays which have lost more than 70 per cent of their value so far in FY20, this ex-Gold Road exec has found himself a new copper venture to float and Genetic Signatures is reeling in the deep-pocket backers in the battle of the bugs.
A slow start to the week internationally, with the US observing Veterans Day today. It coincides with Remembrance Day in Commonwealth countries, including Australia, where a minute of silence will be observed at 11am.
NAB releases business confidence figures on Tuesday, with Westpac releasing consumer confidence figures.
Wednesday will see the ABS drop wage price index data, while in New Zealand it’s interest rates decision time, and in the US Fed Reserve chairman Jerome Powell testifies on the US economy before Congress. And there’s Employment data from the ABS on Thursday.
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Raiz Invest (ASX:RZI) – capital raising
AJ Lucas (ASX:AJL) – capital raising
Norwest Energy (ASX:NWE) – capital raising
Aspire Mining (ASX:AKM) – additional disclosures to PFS
Invictus Energy (ASX:IVZ) – capital raising
AVZ Minerals (ASX:AVZ) – capital raising
Gold: US$1,467.72 (+0.19%)
Silver: $16.99 (-0.44%)
Oil (WTI): $56.51 (-0.94%)
Oil (Brent): $61.70 (-0.75%)
Coal: $69.62 (-0.22%)
Iron 62pc Fe: $82.55 (-0.52%)
AUD/USD: 0.6881 (-0.25%)
Bitcoin: $9,178.04 (-1.16%)
A week on from Yen Kong’s original question in our small cap Facebook chat group: “how many stocks do members own?” people were still debating the figure. Join the discussion!
Todd River's drilling has intersected broad zones of base metals mineralisation at its Mt Hardy copper-zinc project in the NT #asx #ausbiz #mining #copper #zinc #nickel #trt #sgq #dre https://t.co/RWua5zjI00
— Stockhead (@StockheadAU) November 8, 2019
Kick back with this article, covering 10 articles you may have missed on Stockhead this week.
These were the five most-tipped stocks (weekly) on Stocks in Play: