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

On Stockhead today, tech expert Tim Knapton on the surge in buy now, pay later stocks, RockTalk: Why the cycle smells right for potash and COVID-19 hasn’t been as nasty on super funds as the GFC.

But first…

The day ahead

Today’s economic data releases include NAB Business confidence and ANZ-Roy Morgan consumer confidence.

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

Tuesday:

Keytone Dairy (ASX:KTD) – capital raising
Skin Elements (ASX:SKN) – lab results
NTM Gold (ASX:NTM) – mineral resource estimate
Golden Deeps (ASX:GED) – capital raising
PharmAust (ASX:PAA) – clinical trial results
THC Group (ASX:THC) – acquisition
Eclipse Minerals (ASX:EPM) – capital raising
Ironbark Zinc (ASX:IBG) – exploration results

Wednesday:

Creso Pharma (ASX:CPH) – additional information to Monday’s announcement
Mesoblast (ASX:MSB) – capital raising
Alacer Gold (ASX:AQG) – M&A transaction
Schrole Group (ASX:SCL) – capital raising
Noxopharm (ASX:NOX) – capital raising

Markets

Gold: $US1,695.30 ($2,612.80) (-0.31%)

Silver: $US15.42 (-0.16%)

Oil (WTI): $US24.51 (-0.93%)

Oil (Brent): $US29.94 (-3.33%)

Coal: $US54.15 (-0.15%)

Iron 62pc Fe: $US86.84 (+1.06%)

AUD/USD: $US0.6489 (+0.00%)

Bitcoin: $US8,664.15 (-0.97%)

What got you talking yesterday

Our Twitter followers took the most interest in Reuben Adams’ piece on ASX listing rules and how they’ve led to a decrease in IPOs and backdoor listings.

An anaemic IPO market + tighter delisting rules for zombie companies means the ASX now has its lowest number of listed domestic entities since 2007. #ASX #ausbiz https://t.co/uiqjjLaMmU

— Stockhead (@StockheadAU) May 10, 2020

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

Also, be sure to check in at 10.20am each morning for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

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

Yesterday’s winners

CODE	COMPANY	PRICE	% CHANGE
WOA	Wide Open Agriculture	0.285	103.57%
GTE	Great Western Exploration	0.002	100.00%
MGT	Magnetite Mines	0.002	100.00%
KKO	Kinetiko Energy	0.036	80.00%
YOJ	Yojee	0.046	76.92%
CCE	Carnegie Clean Energy	0.002	50.00%
CUX	Crossland Strategic Metals	0.006	50.00%
PCL	Pancontinental Oil&Gas	0.0015	50.00%
AVW	Avira Energy	0.0015	50.00%
CLZ	Classic Minerals	0.0015	50.00%
RNX	Renegade Exploration	0.003	50.00%
DDD	3D Resources	0.003	50.00%
IVR	Investigator Resources	0.021	40.00%
SCI	Silver City Minerals	0.015	36.36%
BSM	Bass Metals	0.004	33.33%
VMT	Vmoto	0.245	36.11%
EFE	Eastern Iron	0.004	33.33%
MTH	Mithril Resources	0.016	33.33%
MNW	Mint Payments	0.008	33.33%
PSC	Prospect Resources	0.099	32.00%

Yesterday’s losers

CODE	NAME	PRICE	% CHANGE
GTE	Great Western Exploration	0.001	-50.00%
GID	GI Dynamics	0.002	-50.00%
XST	XState Resources	0.001	-33.33%
MGT	Magnetite Mines	0.001	-33.33%
FGO	Flamingo AI	0.001	-33.33%
BAS	Bass Oil	0.001	-33.33%
QUE	Queste Communications	0.03	-32.50%
VMG	VDM Group	0.0015	-25.00%
MSR	Manas Resources	0.003	-25.00%
AR9	Archtis	0.06	-20.00%
ENT	Enterprise Metals	0.006	-20.00%
PWN	Parkway Minerals	0.008	-20.00%
DAV	Davenport Resources	0.04	-18.52%
WNB	Wellness and Beauty Solutions	0.009	-18.18%
ACB	A-Cap Energy	0.014	-17.65%
RDS	Redstone Resources	0.005	-16.67%
PSZ	PS&C	0.02	-16.67%