Rise and Shine: What you need to know before the ASX opens
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But first, here’s what you need to know right now:
Not much, aside from Reserve Bank of Australia data on private sector credit.
Be prepared for a heap of escrowed shares to be released today. Watch out for these companies:
And there are a whopping nine companies that may coming out of a trading halt:
Gold: $USD1292.31 -1.38%
Silver: $USD14.98 -1.74%
Oil (Brent): $USD67.74 +0.01%
Oil (WTI): $USD59.24 -0.08%
Coal: $USD87.23 -2.32%
Iron ore 62% fe: $USD85.72 -0.09%
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News that Gooroo Ventures (ASX:GOO) had signed a deal with Microsoft sent its shares and chatter on the Stockhead Facebook chat forum flying.
Member Matt Tattis wonders, “another LiveTiles (ASX:LVT)?”
These were the five most-discussed stocks on trading gossip forum HotCopper at close on Thursday:
— HotCopper (@HotCopper) March 28, 2019
Leigh Creek Energy (ASX:LCK) yesterday announced that it has a gas reserve as big as the Cooper Basin, which excited the heck out of investors.
No surprises that Gooroo Ventures was one of them. The company closed up 49 per cent to 9c.
Phase 1 of the Microsoft deal — set to be completed by 30 June — will see Microsoft pay Gooroo to test its career-planning software with a number of Microsoft’s partner universities.
Gooroo’s technology uses artificial intelligence and neuroscience to help determine where a student’s skills and interests are best-suited.
Odin Metals (ASX:ODM) has been jumping around lately and was up 33 per cent to 14c, after updating the market yesterday on drilling results at its joint venture project in Silver Swan North.
The day’s biggest winner though ended up being Argosy Minerals (ASX:AGY), which closed up 65 per cent to 16c.
The company announced Japanese giant Mitsubishi, which is active in a range of industries, not just cars, would buy Argosy’s lithium carbonate product.
There were plenty of falls yesterday but mostly among minnows with little news moving shares in a big way.
Leigh Creek dropped 18 per cent yesterday to close at 34c.
That’s all you need to know. Go go go!