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On Stockhead today, how drug delivery tech works and the ASX companies with plans to capitalise on it, the drone industry is flying on the back of escalating global tensions and Virtus pitches AI tech to get out of IVF price war.
But first…
Economic data due for release today includes construction work for the second quarter. After a 1 per cent fall in the first quarter, a Bloomberg survey shows economists are expecting a 5 per cent drop this time around.
The following companies are in trading halts and are expected to exit in the next two trading days:
Wednesday:
Kingwest Resources (ASX:KWR) – capital raising
Anova Minerals (ASX:AWV) – asset divestment
Petratherm (ASX:PTR) – proposed transaction
Wellness & Beauty Solutions (ASX:WNB) – proposed acquisition
Australian Mines (ASX:AUZ) – capital raising
Minotaur Exploration (ASX:MEP) – capital raising
Broo (ASX:BEE) – capital raising
Cycliq Group (ASX:CYQ) – board appointments
Lake Resources (ASX:LKE) – capital raising
Astro Resources (ASX:ARO) – capital raising
Comet Resources (ASX:CRL) – acquisition
Hastings Technology Metals (ASX:HAS) – capital raising
Thursday:
Minbos Resources (ASX:MNB) – scoping study results
TasFoods (ASX:TFL) – capital raising
Empire Energy (ASX:EEG) – capital raising
Gold: $US1,928.05 ($2,680.17) (-0.23%)
Silver: $US26.53 ($36.88) (-0.04%)
Oil (WTI): $US43.39 (+1.81%)
Oil (Brent): $US45.95 (+1.82%)
Coal: $US50.75 (+0.59%)
Iron 62pc Fe: $US122.57 (-0.18%)
AUD/USD: $US0.7195 (+0.45%)
Bitcoin: $US11,300.31 (-3.94%)
Yesterday on Twitter it was about the rise in silver M&A activity in light of the silver spot price rising in recent weeks.
Junior explorer Jadar Resources (ASX:JDR) is looking to buy a mothballed Queensland silver mine once owned by Moreton Resources (ASX:MRV).
Silver-focused merger and acquisition (M&A) activity is heating up as prices continue to trade around seven-year highs. https://t.co/kWJDd75xW8 #ASX #ausbiz $JDR $MRV pic.twitter.com/S7GZJgD6RM
— Stockhead (@StockheadAU) August 24, 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.
| CODE | COMPANY | PRICE | CHANGE | VOLUME |
|---|---|---|---|---|
| PPY | Papyrus Australia | 0.018 | 80.00% | 13.4M |
| CCE | Carnegie Clean Energy | 0.0015 | 50.00% | 5.6M |
| UUV | UUV Aquabotix | 0.0015 | 50.00% | 5.0M |
| SI6 | Six Sigma Metals | 0.011 | 37.50% | 413.0M |
| SHK | Stone Resources Australia | 0.038 | 35.71% | 5.2M |
| MTB | Mount Burgess Mining | 0.012 | 33.33% | 112.9M |
| XTC | Xantippe Resources | 0.004 | 33.33% | 123.5M |
| VTI | Visioneering Technologies | 0.028 | 33.33% | 25.7M |
| TPD | Talon Petroleum | 0.004 | 33.33% | 830.0k |
| VMG | VDM Group | 0.002 | 33.33% | 1.3M |
| GAP | Gale Pacific | 0.22 | 29.41% | 745.5k |
| BEL | Bentley Capital | 0.07 | 29.09% | 826.3k |
| BUX | Buxton Resources | 0.1 | 28.21% | 392.0k |
| WCN | White Cliff Minerals | 0.014 | 27.27% | 183.0M |
| SRK | Strike Resources | 0.17 | 26.92% | 8.0M |
| FE8 | Faster Enterprises | 0.03 | 25.00% | 20.0k |
| DHR | Dark Horse Resources | 0.0025 | 25.00% | 2.0M |
| NXE | New Energy Minerals | 0.02 | 23.53% | 1.2M |
| SPL | Starpharma Holdings | 1.3 | 23.33% | 8.5M |
| WBT | Weebit Nano | 0.48 | 23.08% | 7.5M |
| GTG | Genetic Technologies | 0.011 | 22.22% | 74.6M |
| MJC | Mejority Capital | 0.05 | 21.95% | 261.7k |
| AQC | Australian Pacific Coal | 0.17 | 21.43% | 7.7k |
| CODE | COMPANY | PRICE | CHANGE | VOLUME |
|---|---|---|---|---|
| QFY | Quantify Technology Holdings | 0.001 | -33.33% | 1.1M |
| ECT | Environmental Clean Technologies | 0.001 | -33.33% | 500.0k |
| CLZ | Classic Minerals | 0.002 | -33.33% | 32.4M |
| BAS | Bass Oil | 0.001 | -33.33% | 300.0k |
| IS3 | I Synergy Group | 0.08 | -30.00% | 33.5k |
| RXH | Rewardle Holdings | 0.01 | -28.57% | 13.3M |
| MOZ | Mosaic Brands | 0.5 | -26.47% | 3.4M |
| PNN | PepinNini Lithium | 0.0015 | -25.00% | 73.3M |
| VAL | Valor Resources | 0.004 | -20.00% | 1.4M |
| ASM | Australian Strategic Materials | 2.01 | -18.95% | 4.0M |
| TYX | Tyranna Resources | 0.005 | -16.67% | 1.5M |
| SVA | Simavita | 0.02 | -16.67% | 349.8k |
| ELT | Elementos | 0.005 | -16.67% | 69.6k |
| TGA | Thorn Group | 0.17 | -16.67% | 1.1M |
| SWM | Seven West Media | 0.13 | -16.13% | 33.8M |
| ID8 | Identitii | 0.24 | -14.55% | 6.5M |
| XST | XState Resources | 0.003 | -14.29% | 3.0M |
| AHL | AHAlife Holdings | 0.006 | -14.29% | 1.6M |
| AAJ | Aruma Resources | 0.006 | -14.29% | 5.7M |
| WNR | Wingara Ag | 0.22 | -13.73% | 630.8k |
| RHP | Rhipe | 1.87 | -13.43% | 1.4M |
Mining
Mining
Mining
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