Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, our latest V-Con on the rising copper sector, the top adopters of telehealth and the biggest ASX winners, and Nutritional Growth Solutions is heading for the ASX.
But first…
The day ahead
Today in economic data is quiet. However investors will be awaiting the Reserve Bank’s Statement on Monetary Policy tomorrow at 11.30am.
The following companies are in trading halts and are expected to exit in the next couple of trading days:
Thursday:
STEMify (ASX:SF1) – acquisition
Surefire Resources (ASX:SRN) – project acquisitions
Caprice Resources (ASX:CRS) – acquisition and capital raising
IntelliHR (ASX:IHR) – capital raising
Tubi (ASX:2BE) – capital raising
Elementos (ASX:ELT) – capital raisings
Friday:
Ragnar Metals (ASX:RAG) – proposed transaction
MGC Pharmaceuticals (ASX:MXC) – pre-clinical test results
Pantoro (ASX:PNR) – capital raising
Great Western Exploration (ASX:GTE) – capital raising
Global Oil and GAS (ASX:GLV) – capital raising
Nanoveu (ASX:NVU) – capital raising
Alicanto Minerals (ASX:AQI) – capital raising
Droneshield (ASX:DRO) – capital raising
Markets
Gold: $US2,038.45 ($2,834.33) (+0.57%)
Silver: $US26.96 ($37.49) (+3.18%)
Oil (WTI): $US42.19 (+1.20%)
Oil (Brent): $US45.18 (+1.69%)
Coal: $US56.70 (-1.08%)
Iron 62pc Fe: $US115.55 (+1.17%)
AUD/USD: $US0.7192 (+0.45%)
Bitcoin: $US11,678.03 (+4.16%)
What got you talking yesterday
Yesterday on Twitter the hot topic was buy now, pay later stock Splitit (ASX:SPT) raising another $90m.
The company said the extra cash would be used to fund “additional sales and marketing, and further investing in product and technology development”.
Splitit rounds out BNPL capital raising deluge with $90m placement $SPT #ASX #fintech https://t.co/ZWU3Cuqols pic.twitter.com/91nUfrh0iv
— Stockhead (@StockheadAU) August 5, 2020
Another popular article was our recap of Virgin Australia’s (ASX:VAH) recovery plan.
The plan will involve 3,000 job cuts as well as a fleet simplification but thankfully Velocity points and travel credits will be honoured. Yet its future on the ASX remains up in the air with a decision still a month away.
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.
Yesterday’s winners
| Code | Name | Price | % Chg | Volume |
|---|---|---|---|---|
| IVT | Inventis Ltd | 0.008 | 166.67% | 2.1M |
| PNN | PepinNini Lithium Ltd | 0.0015 | 50.00% | 9.6M |
| POS | Poseidon Nickel Ltd | 0.05 | 50.00% | 49.6M |
| IVR | Investigator Resources Ltd | 0.06 | 48.72% | 59.3M |
| ATH | Alterity Therapeutics ltd | 0.06 | 39.13% | 215.8M |
| AQX | Alice Queen Ltd | 0.05 | 35.90% | 81.8M |
| ANL | Amani Gold Ltd | 0.002 | 33.33% | 13.0M |
| VPR | Volt Power Group Ltd | 0.002 | 33.33% | 42.9M |
| FFR | Firefly Resources Ltd | 0.09 | 32.86% | 5.2M |
| HT8 | Harris Technology Group Ltd | 0.08 | 30.16% | 9.8M |
| CGO | CPT Global Ltd/Australia | 0.13 | 30.00% | 432.5k |
| AYR | Alloy Resources Ltd | 0.05 | 28.95% | 10.2M |
| ESH | Esports Mogul Ltd | 0.009 | 28.57% | 63.3M |
| RAG | Ragnar Metals Ltd | 0.009 | 27.78% | 92.5M |
| STM | Sunstone Metals Ltd | 0.014 | 27.27% | 133.0M |
| ADV | Ardiden Ltd | 0.015 | 25.00% | 30.5M |
| ECG | eCargo Holdings Ltd | 0.015 | 25.00% | 83.0k |
| SVD | ScandiVanadium Ltd | 0.03 | 25.00% | 71.8M |
| GGE | Grand Gulf Energy Ltd | 0.005 | 25.00% | 1.4M |
| KEY | Key Petroleum Ltd | 0.005 | 25.00% | 28.0M |
| TTI | Traffic Technologies Ltd | 0.02 | 25.00% | 232.5k |
| TYX | Tyranna Resources Ltd | 0.005 | 25.00% | 4.1M |
| ICI | iCandy Interactive Ltd | 0.02 | 23.53% | 1.9M |
Yesterday losers
| Code | Name | Price | % Chg | Volume |
|---|---|---|---|---|
| CAQ | CAQ Holdings Ltd | 0.005 | -37.50% | 575k |
| QFY | Quantify Technology Holdings L | 0.001 | -33.33% | 250.0k |
| MAY | Melbana Energy Ltd | 0.007 | -22.22% | 30.0k |
| KOR | Korab Resources Ltd | 0.012 | -20.00% | 47.7k |
| VAL | Valor Resources Ltd | 0.004 | -20.00% | 845.0k |
| SER | Strategic Energy Resources Ltd | 0.008 | -20.00% | 9.3M |
| BRK | Brookside Energy Ltd | 0.004 | -20.00% | 220.0k |
| TMK | Tamaska Oil & Gas Ltd | 0.005 | -16.67% | 302.2k |
| SMI | Santana Minerals Ltd | 0.0025 | -16.67% | 1.0M |
| TIN | TNT Mines Ltd | 0.17 | -15.38% | 5.5M |
| LPE | Locality Planning Energy Holdings | 0.28 | -15.15% | 118.0k |
| OEL | Otto Energy Ltd | 0.006 | -14.29% | 5.7M |
| CAV | Carnavale Resources Ltd | 0.006 | -14.29% | 31.1M |
| BSM | Bass Metals Ltd | 0.003 | -14.29% | 662.0k |
| VOL | Victory Offices Ltd | 0.28 | -14.06% | 76.3k |
| RDS | Redstone Resources Ltd | 0.014 | -12.50% | 1.8M |
| MRQ | MRG Metals Ltd | 0.007 | -12.50% | 2.3M |
| FPL | Fremont Petroleum Corp Ltd | 0.0035 | -12.50% | 1.6M |
| IVZ | Invictus Energy Ltd | 0.03 | -12.12% | 1.5M |
| EMP | Emperor Energy Ltd | 0.02 | -12.00% | 620.0k |
| RGS | Regeneus Ltd | 0.12 | -11.54% | 408.1k |
Read MoreFintech
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Featured Companies
- ASX: CND Condor Energy
- ASX: RGT Argent Biopharma
- ASX: RAG Ragnar Metals
- ASX: GLV Global Oil and Gas
- ASX: 2BE Tubi
- ASX: MXC MGC Pharmaceuticals
- ASX: ELT Elementos
- ASX: SRN Surefire Resources
- ASX: GTE Great Western Exploration
- ASX: IHR IntelliHR
- ASX: PNR Pantoro
- ASX: SF1 Stemify
- ASX: CRS Caprice Resources
- ASX: NVU Nanoveu
- ASX: AQI Alicanto Minerals
- ASX: DRO DroneShield
