Coming up on Stockhead today, we drill down into all-female ridesharer Shebah and whether it’s a deal worth considering, local gamer Emerge has a plan to combat Google’s new streaming game service, and does Australia need to worry about China losing its love for our iron ore?

But first, here’s what you need to know right now:

 

The day ahead in data

CommBank (ASX:CBA) is releasing its PMI — that’s Purchasing Managers Index — for manufacturing and services.

 

Company news

No one has any stock coming out of escrow today but several have shareholder meetings scheduled in. Investors in Doray Minerals (ASX:DRM), Bounty Mining (ASX:B2Y) and Altura Mining (ASX:AJM) are enjoying tea and biscuits on the company today.

In trading halts are Homestay Care (ASX:HSC) and Medadvisor (ASX:MDR) who both are promising commercial agreement announcements.

 

Commodities

Gold: $USD1311.04 ($1,845.49) -0.26%

Silver: $USD 15.50 0.16%

Oil (Brent): $USD67.54 -1.20%

Oil (WTI): $USD59.74 0.07%

Coal: $USD88.70 -1.79%

Iron ore 62% fe: $USD85.41 -0.95%

AUD/USD: $USD0.7107

 

Want this headstart in your inbox every morning at 8am? Go on. Subscribe here. It’s free

 

What got you talking

How cannabis beer might taste was generating interest on the Stockhead Facebook chat forum, yesterday, after we reported on a story from the Wall Street Journal that has thrown light on a real problem for cannabis beer makers: apparently, it tastes like urine.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on XX:

 

Yesterday’s winners

Former Spectrum Metals (ASX:SPX) chairman Tony Barton bought himself another 1.1 per cent of the company, with the news released yesterday. It was the only news to move the Spectrum share up 2c — or 60 per cent.

Dateline Resources (ASX:DTR) was up a whopping 50 per cent after two people bought — wait for it — $1,735 worth of stock.

And Coziron Resources (ASX:CZR) share also had a hit of the buying sugar, but if you thought $1700 was a crazy small sum to move a stock your eyes will pop out when you see what moved Coziron up 43 per cent: $619.

ASX code Company Name Price Percentage Change Market Cap Volume
CGM Cougar Metals NL 0.002 100% $2,100,000 1.0M
DDD 3D Resources Ltd 0.002 50% $3,300,000 128.4k
DTR Dateline Resources Ltd 0.003 50% $22,900,000 733.7k
GPP Greenpower Energy Ltd 0.003 50% $4,700,000 1.7M
AD1 ApplyDirect Ltd 0.02 46% $8,100,000 734.3k
CHZ Chesser Resources Ltd 0.05 39% $11,900,000 3.0M
ADV Ardiden Ltd 0.004 33% $6,700,000 375.0k
FSG Field Solutions Holdings Ltd 0.02 31% $9,000,000 45.0k
LI3 Lithium Consolidated Ltd 0.06 30% $5,400,000 370.5k
QFY Quantify Technology Holdings L 0.009 29% $8,800,000 12.4M
HOR Horseshoe Metals Ltd 0.014 27% $2,700,000 31.8k
WRM White Rock Minerals Ltd 0.007 27% $11,500,000 29.5M
UNL United Networks Ltd 0.015 25% $1,900,000 10.4k
MNC Metminco Ltd 0.003 25% $3,000,000 1.0M
PSM Peninsula Mines Ltd 0.005 25% $4,300,000 100.0k
QGL Quantum Graphite Ltd 0.003 25% $18,900,000 250.0k
THD Thred Ltd 0.003 25% $4,500,000 1.0M
OOK Ookami Ltd 0.02 23% $7,200,000 3.1M
LNY Laneway Resources Ltd 0.008 23% $27,600,000 24.7M

 

Yesterday’s losers

There were few obvious reasons why most of the top five losers dropped.

However, Blackham Resources (ASX:BLK) said it needed another $26m from shareholders, thanks, after asking for and obtaining $36m in January and February last year. Investors sold the stock down 33 per cent after being asked for more money.

ASX code Company Name Price Percentage Change Market Cap Volume
OSL OncoSil Medical Ltd 0.05 -70% $31,500,000 58.2M
NWE Norwest Energy NL 0.002 -33% $6,800,000 780.5k
CLZ Classic Minerals Ltd 0.001 -33% $3,000,000 10.8M
NAE New Age Exploration Ltd 0.005 -29% $4,400,000 352.6k
TV2 TV2U International Ltd 0.006 -25% $15,100,000 24.8M
SI6 Six Sigma Metals Ltd 0.003 -25% $1,400,000 835.0k
IVO Invigor Group Ltd 0.003 -25% $7,800,000 100.0k
DHR Dark Horse Resources Ltd 0.003 -25% $5,900,000 100.0k
TZL TZ Ltd 0.18 -25% $12,700,000 15.9k
AGJ Agricultural Land Trust 0.03 -23% $3,000,000 25.3k
PSA Petsec Energy Ltd 0.08 -21% $29,100,000 704.4k
SUD Suda Pharmaceuticals Ltd 0.004 -20% $10,300,000 1.5M
MTB Mount Burgess Mining NL 0.004 -20% $1,800,000 35.7k
KMT Kopore Metals Ltd 0.013 -19% $7,100,000 1.2M
ARN Aldoro Resources Ltd 0.13 -19% $4,600,000 10.0k
CZR Coziron Resources Ltd 0.009 -18% $19,600,000 14.1k
SES SECOS Group Ltd 0.04 -18% $11,500,000 42.2k
JPR Jupiter Energy Ltd 0.04 -18% $5,700,000 67.0k
9SP 9 Spokes International Ltd 0.03 -29% $12,400,000 16.3M
CYP Cynata Therapeutics Ltd 1.25 -29% $127,300,000 3.1M
GCR Golden Cross Resources Ltd 0.03 -30% $2,800,000 52.5k
DDD 3D Resources Ltd 0.002 -33% $2,200,000 503.3k
BLK Blackham Resources Ltd 0.02 -33% $24,800,000 40.7M
CLZ Classic Minerals Ltd 0.001 -50% $3,000,000 5.5M

 

That’s all you need to know. Enjoy your weekends.