Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the small caps with prime real estate in WA’s Eastern Goldfields, the bond market is a good indicator of things to come as the corona-crisis worsens and low oil prices are putting the squeeze on producers.
The following companies are in trading halts or voluntary suspensions and are expected to exit in the next 48 hours:
Pearl Global (ASX:PG1) – capital raising
Vulcan Energy Resources (ASX:VUL) – clarification of capital structure
Alto Metals (ASX:AME) – exploration results and corporate update
Adavale Resources (ASX:ADD) – capital raising
Astro Resources (ASX:ARO) – update to mineral sands project
AVZ Minerals (ASX:AVZ) – metallurgical test results
Minbos Resources (ASX:MNB) – tender update
Gold: $US1,568.30 ($2,519.75) (-4.51%)
Silver: $US15.66 (-6.73%)
Oil (WTI): $US30.94 (-6.55%)
Oil (Brent): $US32.73 (-8.55%)
Coal: $US64.62 (-0.81%)
Iron 62pc Fe: $US89.59 (-0.62%)
AUD/USD: $US0.6303 (-2.79%)
Bitcoin: $US6,039.57 (-23.00%)
On Twitter it was about the potential for Ed-tech companies to help the education sector in the event of school closures.
— Stockhead (@StockheadAU) March 11, 2020
Meanwhile, in our small and micro cap Facebook chat group it was all about aspiring gold explorer Beacon Minerals (ASX:BCN). If you’re not already a member we’d love to have you join – which you can here.
These were the most tipped stocks (weekly) on Stocks in Play: