Rise and Shine: What you need to know before the ASX opens

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On Stockhead today, post-COVID-19 will be an “unprecedented opportunity” for small cap food stocks, forget iron man, here are some other metals that are fighting for your health and gigantic infrastructure spend post-COVID could boost metals demand.

But first…

The week ahead

Listing today at 11am is additive manufacturing stock AML3D (ASX:AL3). There had been no IPOs for around six weeks until HIV and COVID-19 rapid test kit maker Atomo Diagnostics (ASX:AT1) listed last Thursday.

Also among companies capital raising Magnetite Mines (ASX:MGT) closes tommorrow at 5pm and aspiring listee InteliCare (ASX:ICR) is closing it’s IPO raising at 5pm today.

In economic data it is a quiet week overall, however the Reserve Bank will be watched closely. At 11.30am on Tuesday it will release the monthly minutes of its meeting two weeks ago. Then at 3pm Governor Phillip Lowe will be giving a speech in Sydney.

Also on Tuesday look out for the Westpac Leading Index and monthly skilled vacancies.

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

Monday:

PepinNini Lithium (ASX:PNN) – acquisition
Bapcor (ASX:BAP) – capital raising
Vista Group (ASX:VGL) – capital raising
Infinity Ltihium (ASX:INF) – capital raising
Ausmex Mining (ASX:AMG) – asset sale
Holista CollTech (ASX:HCT) – hand sanitiser efficacy results
Recce Pharmaceuticals (ASX:RCE) – antiviral test results
Crowd Media (ASX:CM8) – price and volume query response
Osteopore (ASX:OSX) – regulatory approval
HGL (ASX:HNG) – capital raising

Tuesday:

AVZ Minerals (ASX:AVZ) – DFS study results
Accelerate Resources (ASX:AX8) – capital raising
Volpara Health Technologies (ASX:VHT) – capital raising

Markets

Gold: $US1,684.50 ($2,716.99) (-1.73%)

Silver: $US15.18 (-1.57%)

Oil (WTI): $US18.27 (-8.05%)

Oil (Brent): $US28.08 (+0.93%)

Coal: $US58.33 (-0.07%)

Iron 62pc Fe: $US84.17 (+0.15%)

AUD/USD: $US0.6366 (+0.00%)

Bitcoin: $US7,153.79 (-1.12%)

What got you talking last week

Recent weeks have seen several gold explorers surge with big hits, but Predictive Discovery (ASX:PDI) took the cake last week. It rose 733 per cent on Wednesday and closed on Friday over 1000 per cent higher than it began.

Predictive is up an incredible +830pc; Chalice (+80pc) has punched through $1 per share mark #ASX #ausbiz $CHN $PDI

https://t.co/qzp88MIDcN

— Stockhead (@StockheadAU) April 15, 2020

In case you missed it we looked to see where this one-day surge stood in recent history. In 2020, no other stock came close but in the last decade a few stocks have done better.

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

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

Last week’s winners

Last week’s losers

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