Good morning and happy Monday. On Stockhead today, should companies that don’t have women on their boards be blocked from an IPO, who’s bought nearly a quarter of Astivita, and has crowdfunding in Australia come of age?

Here’s what you need to know about the week ahead.

The week ahead in data

Key data in Australia will be led by March employment figures on Thursday (11:30am AEST).

The median forecast is for 15,000 jobs to be added, with the unemployment rate to hold at 5 per cent. Amid slowing economic growth and low inflation, the health of Australia’s jobs market is now seen as the key guide on whether the RBA will cut interest rates later this year.

Also in Australia this week, the RBA will release the minutes from its April meeting on Tuesday (11:30am AEST).

Looking abroad, there’s a number of speakers from the US Fed scheduled throughout the week. And China will release a March data deluge on Wednesday, with fixed asset investment and industrial production numbers, along with retail sales and Q1 GDP (forecast annual growth of 6.3 per cent).

Company news

No less than 12 ASX companies are scheduled to be in trading halts to start the week — six on Monday and six on Tuesday:

Monday:

  • Orion Minerals (ASX: ORN) – capital raising
  • Paradigm Biopharmaceuticals (ASX: PAR) – phase 2b trial secondary endpoints/results
  • De Grey Mining (ASX: DEG) – exploration results
  • Perseus Mining (ASX: PRU) – underwriting of warrants expiring on Friday April 19
  • Open DNA (ASX: OPN) – cap raise
  • Tinybeans (ASX: TNY) – customer contract

Tuesday:

  • Marmota (ASX: MEU) – capital raising
  • Altech Chemicals (ASX: ATC) – capital raising
  • Arafura Resources (ASX: ARU) – capital raising
  • Tando Resources (ASX: TNO) – finalisation of mineral resource update
  • Predictive Discovery (ASX: PDI) – capital raising
  • Tomizone (ASX: TOM) – acquisition

Commodities

Gold: $US1,290.30 ($1,797.76) -0.16%

Silver: $US14.94 -0.06%

Oil (Brent): $US71.32 -0.34%

Oil (WTI): $US63.79 -0.16%

Coal: $US87.13 +0.15%

Iron ore 62% fe: $US93.79 +0.20

AUD/USD: $US0.7176

What got you talking last week

There was a bit of interest around the pending IPO for Sezzle, the latest buy now, pay later payments platform that’s expected to hit the ASX boards within the next few months.

“Will be interesting to see if there will be the same growth as afterpay shares or if its the “uber” of the market…”, group member Fleur Combridge said.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Friday:

Last week’s winners

Diversified industrials play AJ Lucas (ASX:AJL) climbed by almost 70 per cent, after three straight days of double-digit percentage gains.

There were no major announcements from the company for traders to respond to, although on the previous Wednesday AJL told the market it had renegotiated the terms of a debt funding agreement with its Singapore-based financier.

AJL said the deferral of its debt obligation will allow the company to retain its Lucas Drilling division, which it says is “well positioned to take advantage of the improvement in the East Coast coal market”.

Here are the best performing ASX small cap stocks for April 8-12 (prices as at 2pm Friday, eastern time).

TickerNameMarket capPrice last FridayPrice this Friday% change
AJL AJ LUCAS GROUP LTD $116,265,072.00 0.0920.15568
8CO 8COMMON LTD $10,493,974.00 0.050.0860
ARD ARGENT MINERALS LTD $11,633,700.00 0.0140.02257
NWC NEW WORLD COBALT LTD $9,375,800.00 0.0110.01755
RXL ROX RESOURCES LTD $13,846,586.00 0.0080.01250
CYQ CYCLIQ GROUP LTD $2,860,537.25 0.0020.00350
VAL VALOR RESOURCES LTD $5,679,577.00 0.0020.00350
VAR VARISCAN MINES LTD $1,906,610.38 0.0010.001550
RXH REWARDLE HOLDINGS LTD $1,578,964.50 0.0020.00350
QGL QUANTUM GRAPHITE LTD $22,687,282.00 0.0020.00350
IVX INVION LTD $143,015,760.00 0.0170.02547
AAU ADCORP AUSTRALIA LTD $4,550,745.50 0.0070.0143
DVL DORSAVI LTD $11,628,957.00 0.040.05743
NET NETLINKZ LTD $152,311,168.00 0.0810.011542
RFT RECTIFIER TECHNOLOGIES LTD $62,877,428.00 0.0350.04940
SP3 SPECTUR LTD $7,591,809.50 0.0970.13539
RHT RESONANCE HEALTH LTD $50,312,196.00 0.090.12539
KIS KING ISLAND SCHEELITE LTD $23,574,806.00 0.0650.0938
AEI AERIS ENVIRONMENTAL LTD $43,408,036.00 0.160.2238
REY REY RESOURCES LTD $53,096,316.00 0.190.2637
VAN VANGO MINING LTD $110,435,648.00 0.140.1936
DRO DRONESHIELD LTD $25,139,240.00 0.10.13535
B2Y BOUNTY MINING LTD $44,292,288.00 0.0860.11534
ANL AMANI GOLD LTD $7,380,455.00 0.00150.00233
IVO INVIGOR GROUP LTD $10,377,550.00 0.0030.00433
TSC TWENTY SEVEN CO LTD $3,568,245.25 0.0030.00433
SI6 SIX SIGMA METALS LTD $1,830,012.63 0.0030.00433
AOA AUSMON RESOURCES LTD $2,198,557.25 0.0030.00433
ROG RED SKY ENERGY LTD $3,339,626.50 0.0030.00433
REV REAL ESTATE INVESTAR GROUP L $1,865,640.88 0.0060.00833
RNX RENEGADE EXPLORATION LTD $2,850,506.50 0.0030.00433
HHM HAMPTON HILL MINING NL $5,896,107.50 0.0150.0233
UNL UNITED NETWORKS LTD $2,516,499.00 0.0150.0233
EM2 EAGLE MOUNTAIN MINING LTD $18,505,320.00 0.150.233
PLL PIEDMONT LITHIUM LTD $107,260,856.00 0.1250.16532
LNY LANEWAY RESOURCES LTD $55,200,988.00 0.0110.01532
IHR INTELLIHR HOLDINGS LTD $15,450,283.00 0.110.14532
AR9 ARCHTIS LTD $16,618,093.00 0.110.14532
BRI BIG RIVER INDUSTRIES LTD $70,018,016.00 1.011.3231
AGR AGUIA RESOURCES LTD $28,797,152.00 0.1350.17530

 

Last week’s winners

It was a rough week for the minnows, as embattled 3D printing company 333D Limited (ASX:T3D) lost half its value to fall to 0.1 cents per share.

Graphite play Metals Australia (ASX:MLS), which is developing the Lac Rainy project in Quebec, Canada also lost 50 per cent to fall to 0.1 cents. The company hit a recent high of 3.5 cents per share last November and is down from a 12-month high of 1.1 cents.

Of the 33 companies that posted a weekly loss of more than 20 per cent, just five of them had a market capitalisation of more than $10 million.

Here are the worst performing ASX small cap stocks for April 8-12 (prices as at 2pm Friday, eastern time).

TickerNameMarket capPrice last FridayPrice this Friday% change
MLS METALS AUSTRALIA LTD $4,037,696.75 0.0020.001-50
T3D 333D LTD $881,226.19 0.0020.001-50
IS3 I SYNERGY GROUP LIMITED $24,714,192.00 0.230.135-41
SBR SABRE RESOURCES LTD $1,220,920.88 0.0050.003-40
NME NEX METALS EXPLORATION LTD $2,097,255.00 0.0180.011-39
BTC BTC HEALTH LTD $9,772,240.00 0.120.075-35
GBZ GBM RESOURCES LTD $4,362,388.00 0.0060.004-33
AJC ACACIA COAL LTD $4,067,651.75 0.00150.001-33
EER EAST ENERGY RESOURCES LTD $6,401,974.00 0.0030.002-33
APG AUSTPAC RESOURCES NL $2,095,481.75 0.00150.001-33
CLZ CLASSIC MINERALS LTD $3,005,720.00 0.00150.001-33
LIN LINDIAN RESOURCES LTD $5,667,182.00 0.0190.013-32
GCR GOLDEN CROSS RESOURCES LTD $2,845,422.25 0.040.028-30
NTI NEUROTECH INTERNATIONAL LTD $1,085,951.00 0.010.007-30
AXT ARGO EXPLORATION LTD $1,829,700.00 0.0140.01-29
TKM TREK METALS LTD $1,561,518.13 0.0070.005-29
AMT ALLEGRA ORTHOPAEDICS LTD $9,955,905.00 0.140.10-29
ENT ENTERPRISE METALS LTD $3,612,714.75 0.0120.009-25
PDI PREDICTIVE DISCOVERY LTD $2,125,278.50 0.0120.009-25
AZI ALTA ZINC LTD $4,106,897.00 0.0040.003-25
MRD MOUNT RIDLEY MINES LTD $3,499,296.50 0.0020.0015-25
TMX TERRAIN MINERALS LTD $1,931,196.00 0.0040.003-25
BUY BOUNTY OIL & GAS NL $3,813,604.00 0.0040.003-25
TOM TOMIZONE LTD $1,275,602.00 0.0040.003-25
SRO SHAREROOT LTD $2,354,181.50 0.0020.0015-25
NGY NUENERGY GAS LTD $22,214,332.00 0.020.015-25
IXU IXUP LTD $14,259,938.00 0.1199999970.090000004-25
OLH OLDFIELDS HOLDINGS LTD $3,780,105.00 0.0610000010.046-25
HWK HAWKSTONE MINING LTD $7,984,452.00 0.0170000010.013-24
WEL WINCHESTER ENERGY LTD $14,092,091.00 0.0440.034000002-23
GBR GREAT BOULDER RESOURCES LTD $8,569,062.00 0.1350000050.104999997-22
OXX OCTANEX LTD $1,908,990.63 0.0090.007-22
AHL AHALIFE HOLDINGS LTD $4,706,524.50 0.0090.007-22
DSE DROPSUITE LTD $16,785,138.00 0.0430000010.034000002-21