Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, here’s how to pick a successful drug out of the 99 per cent of failures, hydrogen investments are taking off in Australia and how Stavely became one of the most successful exploration IPOs in recent years.
This week in economic data begins on a quiet note but will pick up as the week progresses.
On Wednesday, keep your eye out for construction work done in the December quarter followed by private capital expenditure on Thursday. Then on Friday, private sector credit for the month of January.
The following companies are in trading halts and are expected to exit in the next two trading days.
Vection Technologies (ASX:VR1) – acquisition
Apollo Consolidated (ASX:AOP) – capital raising
Sky Metals (ASX:SKY) – capital raising
Maximus Resources (ASX:MXR) – capital raising
Alicanto Minerals (ASX:AQI) – capital raising
DGO Gold (ASX:DGO) – capital raising
Triangle Energy Global (ASX:TEG) – operational update
Holista CollTech (ASX:HCT) – clarification of announcement
Big Star Energy (ASX:BNL) – acquisition of new leases
Gold: $US1,643.70 ($2,489.82) (-0.00%)
Silver: $US18.45 (+0.20%)
Oil (WTI): $US53.44 (-0.64%)
Oil (Brent): $US58.24 (-1.80%)
Coal: $US67.60 (-0.52%)
Iron 62pc Fe: $US86.42 (+0.31%)
AUD/USD: $US0.6603 (-0.36%)
Bitcoin: $US9,873.06 (+1.77%)
Few industries have gained from the coronavirus other than bug killing substance makers. But there has been speculation non-Chinese rare earths projects could be another area to benefit and this got the most attention on Twitter as well as in our Facebook small and micro cap chat group.
With the coronavirus impacting on China's rare earths operations, could this be the time for non-Chinese projects to shine? #asx #ausbiz #mining #rareearths #china #aru #ree #alk #has #hav #ntu #rmx #ovl #znc #pm8 #ggg https://t.co/maJQbKU3uQ
— Stockhead (@StockheadAU) February 20, 2020
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Also popular last week was our latest edition of Money Talks. It is always a hit among our readers but Friday’s instalment in particular was because of its focus on gold stocks. VP Capital’s John So gave us three of his picks among gold stocks.
These were the most tipped stocks (weekly) on Stocks in Play: