Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, we bring you the new kaolin explorers on the block, the Australian east coast gas shortage could be coming faster than expected and Tim Boreham talks developing drugs, fighting fibrosis and squeezing squishometers with two biotechs in this week’s Health Kick podcast.
It’s a quiet schedule on the domestic data front. Looking abroad the European Central Bank will release minutes from its latest meeting, while the OECD is set to issue its latest global economic outlook report.
The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:
Mincor Resources (ASX:MCR) – capital raising
Winchester Energy (ASX:WEL) – capital raising
Kogi Iron (ASX:KFE) – capital raising
Ragnar Metals (ASX:RAG) – joint venture
Highfield Resources (ASX:HFR) – quarterly clarification
Helix Resources (ASX:HLX) – capital raising
Lithium Consolidated (ASX:LI3) – acquisition
Environmental Clean Technologies (ASX:ECT) – capital raising
Bowen Coking Coal (ASX:BCB) – marketing & finance facility
MXC Pharmaceuticals (ASX:MXC) – term sheet to enter Latin America
Veris (ASX:VRS) – disposal of business asset
Gold: $US1,471.27 ($2,159.82) (-0.16%)
Silver: $17.716 (-0.13%)
Oil (WTI): $57.02 (+3.04%)
Oil (Brent): $62.46 (+2.70%)
Coal: $73.02 (+0.54%)
Iron 62pc Fe: $83.19 (+0.31%)
AUD/USD: $0.6799 (-0.42%)
Bitcoin: $8,082.02 (-0.05%)
Over on the Stockhead group page on Facebook, readers took an interest in our recap of the latest developments in artificial intelligence (AI), and ASX-listed stocks adjacent to the space. You can sign up here to join.
These were the 10 most-tipped stocks (weekly) on Stocks in Play:
Junior explorer MetalsTech (ASX:MTC) surged ahead after announcing it had entered into a binding option agreement to acquire 100 per cent of the Sturec gold project in Slovakia.
The stock closed at 8.4c for an intra-day gain of 500 per cent — good enough for the best single-day performance on the ASX this year.