On Stockhead today, how this CEO took ophthalmology biotech Opthea from a $200m tiddler to $1bn behemoth overnight, a tech firm, a goldie and a cannabis play dominate January’s Top 50 and our new “Think Big” column dips into how asset classes interact with the economic growth cycle.

But first…

 

The day ahead

Capping off a big week for the RBA, the central bank will today release its quarterly Statement on Monetary Policy (SoMP), which will include an updated set of key economic forecasts.

The Ai Group will also publish its report card for Australia’s services sector in January.

Later tonight, the US will be in focus with the release of all-important January jobs data, which includes updates on the unemployment rate and average hourly earnings.

The following ASX companies are in trading halts and are expected to exit in the next two trading days:

Friday:

Matador Mining (ASX:MZZ) – capital raising

Monday:

Sky Metals (ASX:SKY) – exploration results
Arowana International (ASX:AWN) – capital raise
Dropsuite (ASX:DSE) – capital raising
Windlab (ASX:WND) – response to legal proceedings
Gulf Maganese Corp (ASX:GMC) – financing for ferro-manganese processing hub

 

Markets

Gold: $US1,566.47 ($2,327.99) (+0.93%)

Silver: $US17.82 (+1.07%)

Oil (WTI): $US51.09 (+0.67%)

Oil (Brent): $US55.16 (-0.40%)

Coal: $US72.18 (+0.46%)

Iron 62pc Fe: $US83.17 (+2.3%)

AUD/USD: $US0.6730 (-0.24%)

Bitcoin: $US9,769.93 (+0.99%)

 

What got you talking yesterday

Readers took an interest in Stockhead’s discussion with Gregg Taylor from Bombora Group about the increasing level of investment in pre-IPO companies by institutional funds in the Australian market.

These were the most tipped stocks (weekly) on Stocks in Play:

Yesterday’s winners

Code Name Price % Chg Market Cap Volume
DEG De Grey Mining Ltd 0.09 +106.52% $98.7M 173.9M
PNN PepinNini Lithium Ltd 0.003 +50.00% $4.3M 1.1M
TPD Talon Petroleum Ltd 0.003 +50.00% $5.3M 500.0k
BSM Bass Metals Ltd 0.007 +40.00% $19.7M 2.3M
HSC HomeStay Care Ltd 0.008 +33.33% $13.4M 92.1M
KAI Kairos Minerals Ltd 0.008 +33.33% $8.2M 5.5M
CCA Change Financial Ltd 0.22 +26.47% $22.1M 1.7M
MME MoneyMe Ltd 1.89 +26.00% $320.2M 1.0M
CM8 Crowd Media Holdings Ltd 0.03 +25.00% $7.2M 36.6M
AOA Ausmon Resources Ltd 0.0025 +25.00% $1.6M 250.0k
MEB Medibio Ltd 0.01 +25.00% $10.0M 4.8M
MSG MCS Services Ltd 0.02 +25.00% $3.8M 3.8M
DGO DGO Gold Ltd 1.12 +24.44% $39.4M 52.8k
CZI Cassini Resources Ltd 0.11 +22.22% $47.1M 3.9M
BIT Biotron Ltd 0.1 +21.95% $70.2M 91.5M
AUT Auteco Minerals Ltd 0.02 +21.05% $23.1M 15.8M
CE1 Calima Energy Ltd 0.006 +20.00% $12.9M 4.9M
CRO Cirralto Ltd 0.006 +20.00% $4.9M 176.9k
DDD 3D Resources Ltd 0.003 +20.00% $3.5M 250.0k
EVE EVE Investments Ltd 0.006 +20.00% $18.2M 2.6M
HWK Hawkstone Mining Ltd 0.006 +20.00% $4.9M 2.1M

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
ANW Aus Tin Mining Ltd 0.001 -33.33% $2.7M 5.0M
REV Real Estate Investar Group Ltd 0.009 -30.77% $2.1M 1.4M
PRM Prominence Energy Ltd 0.0015 -25.00% $2.0M 1.8M
ICG Inca Minerals Ltd 0.0015 -25.00% $6.1M 552.4k
BXN Bioxyne Ltd 0.013 -23.53% $8.3M 90.0k
SF1 STEMify Ltd 0.02 -23.08% $3.1M 2.5M
WCN White Cliff Minerals Ltd 0.004 -20.00% $1.9M 62.8k
VAL Valor Resources Ltd 0.002 -20.00% $3.8M 7.4M
FTT Factor Therapeutics Ltd 0.002 -20.00% $2.1M 1M
CZR Coziron Resources Ltd 0.008 -20.00% $19.1M 8.3M
CLZ Classic Minerals Ltd 0.002 -20.00% $14.0M 22.1M
BUY Bounty Oil & Gas NL 0.004 -20.00% $3.8M 624.9k
PGY Pilot Energy Ltd 0.02 -19.05% $1.4M 47.4k
TYX Tyranna Resources Ltd 0.0025 -16.67% $2.4M 7.8M
SPQ Superior Resources Ltd 0.005 -16.67% $3.7M 709.5k
LNY Laneway Resources Ltd 0.005 -16.67% $18.6M 1.0M
GMC Gulf Manganese Corp Ltd 0.005 -16.67% $26.2M 1.2M
MNS Magnis Energy Technologies Ltd 0.1 -16.00% $66.3M 4.2M
CRL Comet Resources Ltd 0.02 -16.00% $6.2M 150.0k
NZS New Zealand Coastal Seafoods L 0.011 -15.38% $5.8M 3.7M
GME GME Resources Ltd 0.05 -15.09% $22.8M 203.7k