On Stockhead today, the driving forces behind Australia’s red-hot IPO market, the massive upside in drug delivery tech and BNPL leaders Afterpay and Zip sink as PayPal circles.

But first…

 

The day ahead

Today at 11.30am, second-quarter GDP figures will be released and are almost certain to confirm Australia is in its first recession in three decades. Economists surveyed last week expect a 6 per cent drop.

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

Wednesday:

Corum Group (ASX:COO) – capital raising
Challenger Exploration (ASX:CEL) – assay results
Technology Metals (ASX:TMT) – tenure update
Taruga Minerals (ASX:TAR) – capital raising
Toro Energy (ASX:TOE) – assay results
Jayex Healthcare (ASX:JHL) – capital raising

Thursday:

Corizon Resources (ASX:CZR) – drilling results
The Environmental Group (ASX:EGL) – capital raising
King Island Scheelite (ASX:KIS) – offtake agreement
PayGroup (ASX:PYG) – capital raising
Matsa Resources (ASX:MAT) – capital raising

 

Markets

Gold: $US1,970.85 ($2,673.06) (+0.06%)

Silver: $US28.15 ($38.18) (+0.37%)

Oil (WTI): $US42.99 (+0.89%)

Oil (Brent): $US45.82 (+1.19%)

Coal: $US53.90 (-0.19%)

Iron 62pc Fe: $US122.53 (+0.07%)

AUD/USD: $US0.7374 (-0.03%)

Bitcoin: $US12,023.27 (+2.78%)

 

What got you talking yesterday

Yesterday’s most popular article on Twitter was news out of AssetOwl (ASX:AO1) which reported it is still seeing hot demand for its real estate management and inspection platform.

Another popular article yesterday was Derek Rose’s recap of the ASX biotechs involved in the fight against COVID-19.

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

Note: Stocks highlighted in yellow made market-moving announcements
Code Company Price % Change Volume
XPE Xped 0.002 100.00% 1.9M
GGX Gas2Grid 0.003 50.00% 950.0k
CAQ CAQ Holdings 0.024 50.00% 266.7k
CZR Coziron Resources 0.021 50.00% 55.7M
3DP Pointerra 0.375 38.89% 20.1M
PSL Paterson Resources 0.004 33.33% 10.4M
CAE Cannindah Resources 0.026 30.00% 16.2M
MAR Malachite Resources 0.048 29.73% 60.7k
JAY Jayride Group 0.22 29.41% 108.4k
NAE New Age Exploration 0.009 28.47% 15.6M
TMG Trigg Mining 0.225 25.00% 1.2M
RXH Rewardle Holdings 0.01 25.00% 24.0M
SUH Southern Hemisphere Mining 0.037 23.33% 6.2M
NGY NuEnergy Gas 0.011 22.22% 30.0k
OAR Oakdale Resources 0.011 22.22% 366.7m
HMD HeraMED 0.18 20.00% 3.6M
CTP Central Petroleum 0.12 20.00% 5.2M
OVT Ovato 0.012 20.00% 374.0K
TSC Twenty Seven Co 0.006 20.00% 4.5M
SHH Shree Minerals 0.012 20.00% 40.6M
RXL Rox Resources 0.074 19.35% 85.5M
GLV Global Oil and Gas 0.019 18.75% 21.7M

 

Yesterday’s losers

Code Company Price % Change Volume
MNW Mint Payments 0.015 -35.22% 35.8M
ALT Analytics 0.002 -34.78% 640.0k
RFN Reffind 0.002 -33.33% 8.0M
CYQ Cycliq Group 0.002 -33.33% 10.0M
GLA Gladiator Resources 0.002 -33.33% 410.6M
T3D 333D 0.001 -33.33% 10.0M
ROO Roots Sustainble Agricultural Technologies 0.035 -27.08% 238.3M
CCE Carnegie Clean Energy 0.001 -33.33% 1.0M
ANW Aus Tin Mining 0.001 -33.33% 290.0k
VRS Veris 0.028 -26.32% 3.3M
TPD Talon Petroleum 0.003 -25.00% 281.1K
AQC Australian Pacific Coal 0.14 -22.22% 10.6k
AFA ASF Group 0.048 -20.00% 2.0K
TYX Tyranna Resources 0.004 -20.00% 230.0K
NCZ New Century Resources 0.155 -18.42% 33.6M
SRN Surefire Resources 0.009 -18.18% 17.9M
DDD 3D Resources 0.005 -16.67% 38.8M
FFG Fatfish Group 0.01 -16.67% 2.1M
OPL Opyl 0.135 -15.63% 727.4k
PGY Pilot Energy 0.027 -15.63% 160.0k