Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, African cannabis is overlooked but it’s a multi-billion-dollar market, these five microcaps are working hard to solve the world’s biggest health problems and the latest Explorers podcast.
Today at 10.30am Westpac will release its leading index for November – a gauge which attempts to predict the future direction of the economy.
Then at 11am, the ABS will release monthly skilled vacancies data. But the remainder of its November jobs data (including the unemployment rate) will come out on Thursday.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours.
Canterbury Resources (ASX:CBY) – capital raising
Bass Metals (ASX:BSM) – strategic update
Whitebark Energy (ASX:WBE) – acquisition
Pharmaxis (ASX:PXS) – Boehringer decision on NASH drug
Simble Solutions (ASX:SIS) – capital raising
Roto-Gro (ASX:RGI) – capital raising
Cirralto (ASX:CRO) – capital raising
Gulf Maganese (ASX:GMC) – securing of finance
Kalia (ASX:KLH) – exploration licence status
3D Oil (ASX:TDO) – transaction of T/49P permit
Gold: $US1,475.90 ($2,155.42) (+0.05%)
Silver: $US17.00 (-0.16%)
Oil (WTI): $US61.00 (+1.10%)
Oil (Brent): $US66.18 (+1.20%)
Coal: $US68.38 (-0.03%)
Iron 62pc Fe: $US93.00 (-0.18%)
AUD/USD: $US0.6847 (-0.55%)
Bitcoin: $US6,587.24 (-3.86%)
Lithium explorers and investors want to know if the year ahead will be better or more of the same gloom. For our Twitter followers it seems any news is good news.
But 2020 will be decisive; if new projects don’t find financing in the coming months, lithium oversupply will shift suddenly into shortage in a few years. #ASX #ausbix $LIT $PSC https://t.co/NXNxfruJdB
— Stockhead (@StockheadAU) December 16, 2019
These were the most tipped stocks (weekly) on Stocks in Play: