Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, Stockhead V-Con: Gold Out West – The Explorers, we delve into whether uranium is witnessing a renaissance or a false dawn and three potential futures for energy after COVID-19.
But first…
Today will be a significant day in economic data with April jobs data at 11.30am.
This includes Australia’s unemployment rate which was only 5.2 per cent in March but is expected to spike to 8.2 per cent.
The following companies are in trading halts and are expected to exit in the next two trading days:
Thursday:
Ecofibre (ASX:EOF) – manufacturing agreement
AVZ Minerals (ASX:AVZ) – operational update
MG Unit Trust (ASX:MGC) – proposed liquidation
Alterra (ASX:1AG) – sale of property
Middle Island Resources (ASX:MDI) – capital raising
Taruga Minerals (ASX:TAR) – option acquisition
Xped (ASX:XPE) – funding announcement
Atomos (ASX:AMS) – capital raising
Volt Resources (ASX:VRC) – capital raising
Chalice Gold Mines (ASX:CHN) – capital raising
Friday:
Superior Resources (ASX:SPQ) – capital raising
Australian Finance Group (ASX:AFG) – capital raising
Breville (ASX:BRG) – capital raising
Nvoi (ASX:NVO) – capital raising
New Zealand Coastal Seafoods (ASX:NZS) – capital raising
Gold: $US1,716.20 ($2,658.74) (+0.83%)
Silver: $US15.56 (+0.97%)
Oil (WTI): $US25.53 (-0.97%)
Oil (Brent): $US29.37 (-2.03%)
Coal: $US56.35 (+2.05%)
Iron 62pc Fe: $US86.84 (+1.06%)
AUD/USD: $US0.6456 (+0.02%)
Bitcoin: $US9,379.31 (+6.08%)
On Twitter it was about the impact of electric vehicles on petrol stations.
Earlier this week we had a chat with a private equity fund still investing in them. The fund’s manager argues the rise is happening slowly enough for stations to evolve and tenants are among the most reliable rent payers you can find.
“Tenants go into 10-15 year leases so you have the security that they’ll see out their lease…They’re not fully reliant on fuel sales, they’ll evolve their shops over the next few years with electric vehicles” https://t.co/cinc6wRUX0 $TSLA #EVs #electricvehicles
— Stockhead (@StockheadAU) May 12, 2020
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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:
Code | Company | Price | % Change | Volume |
---|---|---|---|---|
SBR | Sabre Resources Ltd | 0.003 | 66.67% | 27.84M |
CDT | Castle Minerals Ltd | 0.008 | 60.00% | 38.34M |
MPW | MSL Solutions | 0.053 | 51.43% | 2.46M |
PGO | Pilot Energy | 0.016 | 45.45% | 90.00K |
RGL | Riversgold | 0.011 | 37.50% | 15.56M |
TRL | Tanga Resources Ltd | 0.019 | 35.71% | 44.87K |
VAR | Variscan Mines Ltd | 0.016 | 33.33% | 778.85K |
MCT | Metalicity | 0.004 | 33.33% | 1.38M |
REX | Regional Express Holdings | 1.19 | 32.22% | 1.32M |
ABT | Abundant Produce | 0.019 | 26.67% | 164.08K |
DDD | 3D Resources Ltd | 0.003 | 25.00% | 12.86M |
PUR | Pursuit Minerals | 0.005 | 25.00% | 678.61K |
ACB | A-Cap Energy | 0.015 | 25.00% | 538.81K |
MNC | Mint Payments | 0.005 | 25.00% | 387.46K |
XTC | Xantippe Resources | 0.003 | 25.00% | 2.67M |
VRS | Veris | 0.03 | 25.00% | 180.00K |
MIO | Macarthur Min | 0.21 | 23.53% | 173.42K |
PKO | Peako | 0.011 | 22.22% | 6.20K |
Code | Company | Price | % Change | Volume |
---|---|---|---|---|
EER | East Energy Resources | 0.003 | -50.00% | 9.96K |
CGR | CML Group Ltd | 0.3 | -40.59% | 8.27M |
APC | Austpac Resources NL | 0.001 | -33.33% | 20.85K |
MGT | Magnetite Mines | 0.001 | -33.33% | 7.34M |
FGO | Flamingo | 0.001 | -33.33% | 996.50K |
PSC | Prospect Resources Ltd | 0.063 | -30.00% | 464.81K |
SRN | Surefire Resources | 0.003 | -25.00% | 1.85M |
RMX | Red Mountain Mining | 0.003 | -25.00% | 15.63K |
RXH | Rewardle Holdings Ltd | 0.003 | -25.00% | 100.00K |
BAS | Bass Strait Oil Co Ltd | 0.002 | -25.00% | 1.70M |
PWY | Parkway Minerals Part | 0.003 | -25.00% | 54.60K |
GED | Golden Deeps Ltd | 0.009 | -22.73% | 12.69M |
KGM | Kalnorth Gold Mines | 0.007 | -22.22% | 1.39M |
ENE | Enevis | 0.04 | -20.00% | 12.46K |
IDZ | Indoor Skydive AUS Group | 0.004 | -20.00% | 2.20M |
JXT | Jaxsta | 0.042 | -19.23% | 28.09K |
ABV | Advanced Braking Technology | 0.02 | -16.67% | 350.21K |
PAK | Pacific American Coal Ltd | 0.01 | -16.67% | 87.90K |
IVR | Investigator Resources Ltd | 0.011 | -15.38% | 2.66M |