On Stockhead today, the ASX thermal coals plays hit by Japan’s carbon-neutral pledge, real estate stocks fight back after Covid, and how did our bottom-picking day trader go in a torrid week?
But first…
The week ahead
This week in economic data is particularly busy. Today, look out for AIG’s manufacturing PMI, monthly building and home loan approvals and ANZ Job Advertisements.
On Tuesday, Melbourne Cup Day, the RBA will hold its monthly meeting where it could cut interest rates further.
On Wednesday, look out for monthly and quarterly retail sales figures and on Thursday Australia’s trade balance.
The following companies are in trading halts and are expected to exit in the next couple of trading days:
Monday:
CML Group (ASX:CGR) – capital raising
Meteoric Resources (ASX:MEI) – assay results
Challenger Exploration (ASX:CEL) – assay results
Marvel Gold (ASX:MVL) – capital raising
Imricor Medical Systems (ASX:IMR) – capital raising
Tuesday:
Healthia (ASX:HLA) – acquisition and capital raising
Chase Mining (ASX:CML) – strategic investment
Telix Pharmaceuticals (ASX:TLX) – strategic investment
Triangle Energy (ASX:TEG) – impact of BP ceasing fuel production at Kwinana
Isentia (ASX:ISD) – cyber security incident update
iCollege (ASX:ICT) – capital raising
Pearl Global (ASX:PG1) – capital raising
Stavely Minerals (ASX:SVY) – exploration results
Markets
Gold: $US1,871.25 ($2,664.23) (+0.22%)
Silver: $US23.49 ($33.44) (+0.90%)
Oil (WTI): $US35.79 (-1.05%)
Oil (Brent): $US37.45 (-0.53%)
Coal: $US59.17 (+0.41%)
Iron 62pc Fe: $US120.19 (-0.07%)
AUD/USD: $US0.7023 (-0.07%)
Bitcoin: $US13,813.68 (+0.16%)
What got you talking last week
Last week on Twitter, the most popular story was Thursday’s news that Pilbara Minerals (ASX:PLS) would acquire Altura Mining’s (ASX:AJM) lithium operation in WA for $US175m ($247.8m). If the deal proceeds, Pilbara will the the ASX’s largest pure play lithium stock.
Another popular article, which you may have missed on Friday afternoon, was news our Kiwi cousins had rejected legalising recreational marijuana.
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
Also, be sure to check in at 10.15am each day for our daily 10 at 10 column — a summary of the top winners & losers at the ASX opening using live data.
Last week’s winners
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| E2M | E2 Metals | 0.725 | 230 | $ 94,464,133.92 |
| XPL | Xplorewlth Limited | 0.19 | 188 | $ 56,531,885.60 |
| FFG | Fatfish Group | 0.039 | 117 | $ 29,353,759.45 |
| BIR | BIR Financial Ltd | 0.06 | 107 | $ 4,875,022.20 |
| CCE | Carnegie Cln Energy | 0.002 | 100 | $ 16,712,178.68 |
| SOR | Strategic Elements | 0.13 | 97 | $ 40,093,184.74 |
| SPQ | Superior Resources | 0.021 | 91 | $ 22,002,568.21 |
| ICI | Icandy Interactive | 0.15 | 90 | $ 78,663,325.99 |
| FUN | Funtastic Limited | 0.12 | 85 | $ 30,050,509.38 |
| KIS | King Island | 0.098 | 63 | $ 24,617,974.48 |
| CNJ | Conico Ltd | 0.032 | 60 | $ 17,642,871.06 |
| CSX | Cleanspace Holdings | 7.04 | 60 | $ 539,136,661.00 |
| CXU | Cauldron Energy Ltd | 0.061 | 56 | $ 22,024,230.76 |
| VRX | VRX Silica Ltd | 0.195 | 56 | $ 84,569,233.13 |
| KSS | Kleos | 0.735 | 52 | $ 92,767,725.79 |
| PNC | Pioneer Credit Ltd | 0.68 | 51 | $ 42,861,744.68 |
| AMO | Ambertech Limited | 0.18 | 50 | $ 13,761,899.10 |
| FRX | Flexiroam Limited | 0.027 | 50 | $ 10,173,473.85 |
| PBX | Pacific Bauxite Ltd | 0.003 | 50 | $ 1,189,842.10 |
| JPR | Jupiter Energy | 0.052 | 49 | $ 6,748,618.49 |
| ICQ | Icar Asia Ltd | 0.425 | 47 | $ 142,364,654.85 |
| RAN | Range International | 0.023 | 44 | $ 8,311,543.21 |
| CGS | Cogstate Ltd | 1.15 | 43 | $ 190,536,263.68 |
| IEC | Intra Energy Corp | 0.01 | 43 | $ 3,877,240.30 |
| 4DS | 4Ds Memory Limited | 0.095 | 42 | $ 137,517,816.03 |
| ARN | Aldoro Resources | 0.14 | 41 | $ 11,616,640.53 |
| GLH | Global Health Ltd | 0.46 | 37 | $ 19,365,227.20 |
| MSG | Mcs Services Limited | 0.03 | 36 | $ 5,215,687.60 |
| EAS | Easton Investments | 1.15 | 34 | $ 39,421,391.65 |
| IVT | Inventis Limited | 0.008 | 33 | $ 7,494,926.55 |
| PSL | Paterson Resources | 0.004 | 33 | $ 18,022,132.24 |
| TYX | Tyranna Res Ltd | 0.008 | 33 | $ 8,976,524.67 |
| WCN | White Cliff Min Ltd | 0.034 | 31 | $ 19,114,195.63 |
| EGL | Environmental Group | 0.035 | 30 | $ 9,134,129.52 |
| AHF | Aust Dairy Group | 0.086 | 28 | $ 29,718,915.20 |
| SFM | Santa Fe Minerals | 0.11 | 28 | $ 8,010,066.79 |
| PGI | Panterra Gold Ltd | 0.046 | 28 | $ 8,976,515.85 |
| CGO | CPT Global Limited | 0.215 | 26 | $ 8,034,652.71 |
| ADN | Andromeda Metals Ltd | 0.17 | 26 | $ 295,426,334.08 |
| UUL | Ultima Utd Ltd | 0.57 | 25 | $ 16,715,676.93 |
| RMI | Resource Mining Corp | 0.015 | 25 | $ 4,444,010.21 |
| ACP | Audalia Res Ltd | 0.015 | 25 | $ 10,082,042.87 |
| KOR | Korab Resources | 0.015 | 25 | $ 4,987,394.72 |
Last week’s losers
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| ANW | Aus Tin Mining | 0.001 | -50 | $ 5,477,994.43 |
| ILU | Iluka Resources | 5.12 | -48 | $ 2,084,254,527.33 |
| 8VI | 8Vi Holdings Limited | 1.1 | -45 | $ 49,702,738.40 |
| AYM | Australia United Min | 0.011 | -45 | $ 20,268,352.34 |
| 8IH | 8I Holdings Ltd | 0.15 | -43 | $ 54,263,863.65 |
| VMG | VDM Group Limited | 0.002 | -33 | $ 13,855,321.90 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401.35 |
| STK | Strickland Metals | 0.088 | -32 | $ 38,138,238.41 |
| KAI | Kairos Minerals Ltd | 0.045 | -31 | $ 70,365,732.19 |
| AQS | Aquis Ent Ltd | 0.022 | -29 | $ 785,821.87 |
| WNB | Wellness and Beauty | 0.005 | -29 | $ 8,763,171.87 |
| TGO | Trimantium Growthops | 0.038 | -28 | $ 5,773,902.32 |
| TCN | Techniche Limited | 0.038 | -28 | $ 8,007,334.50 |
| ATH | Alterity Therap Ltd | 0.028 | -28 | $ 40,687,651.17 |
| FIJ | Fiji Kava Limited | 0.18 | -28 | $ 19,486,960.56 |
| CXM | Centrex Metals | 0.025 | -27 | $ 8,142,133.93 |
| VTI | Vision Tech, Inc | 0.03 | -27 | $ 29,223,277.05 |
| EMN | Euromanganese | 0.225 | -26 | $ 32,159,418.53 |
| JHL | Jayex Healthcare Ltd | 0.034 | -26 | $ 7,047,705.84 |
| BUX | Buxton Resources Ltd | 0.067 | -26 | $ 8,979,658.51 |
| MMM | Marley Spoon | 2.61 | -25 | $ 541,420,380.00 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795.21 |
| TSC | Twenty Seven Co. Ltd | 0.006 | -25 | $ 12,655,307.64 |
| CZN | Corazon Ltd | 0.003 | -25 | $ 9,760,077.44 |
| DDD | 3D Resources Limited | 0.006 | -25 | $ 21,692,232.55 |
| BAS | Bass Oil Ltd | 0.0015 | -25 | $ 5,013,210.14 |
| FIN | FIN Resources Ltd | 0.024 | -25 | $ 7,000,594.51 |
| APG | Austpac Resources NL | 0.0015 | -25 | $ 4,251,003.25 |
| MLL | Mali Lithium Limited | 0.15 | -25 | $ 111,667,793.28 |
| PAM | Pan Asia Metals | 0.12 | -25 | $ 6,101,075.75 |
| MRR | Minrex Resources Ltd | 0.027 | -25 | $ 6,308,200.49 |
| MGT | Magnetite Mines | 0.009 | -25 | $ 19,994,117.81 |
| RAP | Resapp Health Ltd | 0.094 | -25 | $ 83,393,143.79 |