On Stockhead today, how to pick a multi-bagger, why stocks are unhinged from economic reality, and the world’s first hydrogen-carrying ship powered by hydrogen.
But first…
The day ahead
There’s no key data of note in the Asian session. Later tonight, US traders will be watching for a number of indicators including September retail sales, and the latest University of Michigan consumer confidence survey.
The following companies are in trading halts and are expected to exit in the next couple of days:
Friday:
WhiteHawk (ASX:WHK) – legal orders
Pureprofile (ASX:PPL) – capital raising and debt restructure
Medical Developments International (ASX:MVP) – personnel changes
Recce Pharmaceuticals (ASX:RCE) – human ethics research approval
Monday:
Dubber (ASX:DUB) – capital raising
Perpetual Resources (ASX:PEC) – capital raising
Adriatic Metals (ASX:ADT) – PFS release
Markets
Gold: $US1,907.32 ($2,689.32) (+0.34%)
Silver: $US24.27 ($34.22) (-0.06%)
Oil (WTI): $US40.98 (-0.15%)
Oil (Brent): $US43.17 (-0.35%)
Coal: $US55.77 (+3.28%)
Iron 62pc Fe: $US121.48 (-0.78%)
AUD/USD: $US0.7092 (-0.98%)
Bitcoin: $US11,555.39 (+1.65%)
What got you talking yesterday
Kiwis are about to have their moment of truth when it comes to legal weed, and Stockhead’s Derek Rose provided the full rundown on how ASX cannabis stocks could be affected.
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 10.15am each day for our daily 10 at 10 column — a summary of the top winners & losers at the ASX opening using live data.
Yesterday’s winners
Note: Stocks in yellow made market-moving announcements yesterday
Ticker | Name | Price | % Chg | Volume |
---|---|---|---|---|
TIG | Tigers Realm Coal | 0.022 | 214% | 29432572 |
DME | Dome Gold Mines Ltd | 0.19 | 52% | 17684 |
ALT | Analytica Limited | 0.003 | 50% | 100000 |
PCL | Pancontinental Oil | 0.0015 | 50% | 750000 |
UUV | UUV Aquabotix Ltd | 0.0015 | 50% | 750000 |
CWL | Consol Financial Hld | 0.025 | 39% | 28643161 |
DOU | Douugh Limited | 0.22 | 38% | 175388293 |
MLM | Metallica Minerals | 0.026 | 37% | 6215373 |
PM1 | Pure Minerals Ltd | 0.041 | 37% | 109450486 |
ARR | American Rare Earths | 0.135 | 35% | 40062992 |
ANL | Amani Gold Ltd | 0.002 | 33% | 3009003 |
CLZ | Classic Min Ltd | 0.002 | 33% | 4728334 |
FPL | Fremont Petroleum | 0.004 | 33% | 13059498 |
KP2 | Kore Potash PLC | 0.016 | 33% | 6723674 |
HCD | Hydrocarbon Dynamic | 0.036 | 33% | 4557397 |
SHO | Sportshero Ltd | 0.027 | 29% | 1057248 |
SRN | Surefire Rescs NL | 0.03 | 25% | 47858323 |
DAU | Dampier Gold Ltd | 0.042 | 24% | 17538052 |
SRZ | Stellar Resources | 0.018 | 20% | 572000 |
EFE | Eastern Iron | 0.012 | 20% | 31278017 |
Yesterday’s losers
Note: Stocks in yellow made market-moving announcements yesterday
Code | Name | Price | % Chg | Volume |
---|---|---|---|---|
CRM | Carbon Minerals Ltd | 0.305 | -39% | 2600 |
MRD | Mount Ridley Mines | 0.003 | -25% | 5928400 |
NWE | Norwest Energy NL | 0.003 | -25% | 4076786 |
KIS | King Island | 0.058 | -23% | 672193 |
IDZ | Indoor Skydive Aust | 0.014 | -22% | 14437538 |
VPR | Volt Power Group | 0.002 | -20% | 1405000 |
SCU | Stemcell United Ltd | 0.017 | -19% | 12201409 |
AGE | Alligator Energy | 0.005 | -17% | 15881675 |
SAN | Sagalio Energy Ltd | 0.016 | -16% | 13395 |
WEC | White Energy Company | 0.11 | -15% | 844 |
DRX | Diatreme Resources | 0.011 | -15% | 10280490 |
FMS | Flinders Mines Ltd | 0.041 | -15% | 1058057 |
ACW | Actinogen Medical | 0.024 | -14% | 11250326 |
CZN | Corazon Ltd | 0.003 | -14% | 182905032 |
NPM | Newpeak Metals | 0.003 | -14% | 2537928 |
BKY | Berkeley Energia Ltd | 0.6 | -14% | 211067 |
BRU | Buru Energy | 0.087 | -13% | 895470 |
ARE | Argonaut Resources | 0.007 | -13% | 56102955 |
ARO | Astro Resources NL | 0.007 | -13% | 7765987 |