Rise and Shine: What you need to know before the ASX opens

On Stockhead today, the ASX small caps riding the post-COVID wave for authentication tech, why your own stock is a better bet than bog roll, and the feds are cracking down on dope that’s not dank enough.

But first…

The day ahead

Today’s key economic data includes the Manufacturing Purchasing Managers Index (PMI). This measures the activity level of purchasing managers in the manufacturing sector

The following companies are in trading halts and are scheduled to exit in the next couple of days.

Wednesday:

Bounty Oil & Gas (ASX:BUY) – capital raising
Sabre Resources (ASX:SBR) – survey results
European Lithium (ASX:EUR) – tenement grant
THC Global (ASX:THC) – court order
Recce Pharmaceuticals (ASX:RCE) – capital raising
Lindian Resources (ASX:LIN) – acquisition
Vanadium Resources (ASX:VR8) – scoping study results
Argonaut Resources (ASX:ARE) – capital raising

Thursday:
Nanoveu (ASX:NVU) – sales update
Cardiex (ASX:CDX) – commercialisation agreement
Tao Commodities (ASX:TAO) – capital raising
Triangle Energy (ASX:TEG) – price query

Markets

Gold: $US1,890.85 ($2,637.17) (-1.14%)

Silver: $US24.37 ($33.99) (-1.46%)

Oil (WTI): $US39.55 (+0.61%)

Oil (Brent): $US41.63 (+0.48%)

Coal: $US60.25 (+0.80%)

Iron 62pc Fe: $US120.99 (-3.98%)

AUD/USD: $US0.7169 (-0.76%)

Bitcoin: $US10,519.82 (+0.38%)

What got you talking yesterday

Yesterday’s most popular article on Twitter was Reuben Adams’ recap of all resources stocks with market caps below $5 million and which ones could become the next multi-baggers.

Currently, there are 27 resources stocks on Stockhead’s list with a market cap under $5m. Are any of these the next multi-bagger? #ASX https://t.co/hSYkRAGc3F

— Stockhead (@StockheadAU) September 21, 2020

Among other popular content yesterday included the latest edition of our Health Kick Podcast. Tim Boreham interviewed Dr Sud Agarwal, the Chief Medical Officer at cannabinoid treatment stock Incannex Healthcare (ASX: IHL).

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 day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

Yesterday’s winners

Note: Stocks in yellow made market moving announcements yesterday

CODE	NAME	PRICE	% Chg
PCL	Pancontinental Oil	0.0015	50%
VPR	Volt Power Group	0.003	50%
MRZ	Mont Royal Resources	0.37	45%
TEG	Triangle Energy	0.04	35%
TMK	Tamaska Oil Gas	0.008	33%
CHN	Chalice Gold Mines	2.27	30%
ICI	Icandy Interactive	0.07	30%
RHY	Rhythm Biosciences	0.205	28%
CZN	Corazon	0.0025	25%
GGE	Grand Gulf Energy	0.01	25%
SRZ	Stellar Resources	0.016	23%
DDT	DataDot Technology	0.009	20%
FGO	Flamingo Ai	0.003	20%
LRS	Latin Resources	0.024	20%
IPB	IPB Petroleum	0.026	18%
WBE	Whitebark Energy	0.0035	17%
SXA	Strata-X Energy	0.069	15%
EPM	Eclipse Metals	0.008	14%
ICE	Icetana	0.16	14%
VML	Vital Metals	0.024	14%
CUL	Cullen Resources	0.033	14%

Yesterday’s losers

CODE	NAME	PRICE	% Chg
ALT	Analytica Limited	0.002	-33%
CAQ	CAQ Holdings	0.025	-24%
COY	Coppermoly	0.019	-24%
SAN	Sagalio Energy	0.024	-23%
AUH	Austchina Holdings	0.004	-20%
LCY	Legacy Iron Ore	0.004	-20%
NWE	Norwest Energy	0.004	-20%
LKE	Lake Resources	0.073	-19%
TSC	Twenty Seven Co.	0.007	-18%
IMS	Impelus	0.005	-17%
MLS	Metals Australia	0.0025	-17%
ROG	Red Sky Energy	25	-17%
LSA	Lachlan Star	0.016	-16%
NXE	New Energy Minerals	0.017	-15%
ZEU	Zeus Resources	0.017	-15%
AUL	Austar Gold	0.38	-15%
MSG	Mcs Services	0.018	-14%
KEY	KEY Petroleum	0.006	-14%
XST	Xstate Resources	0.003	-14%
WML	Woomera Mining	0.025	-14%