Rise and Shine: What you need to know before the ASX opens
But first, here’s what you need to know right now:
Not a great deal in data today — the Reserve Bank of Australia will release the minutes from its April meeting today.
Three companies have shares coming out of escrow today:
The following eight companies are due out of trading halts in the next 48 hours. Paradigm, remarkably, still has more news to release, despite dropping more results from its Phase IIb trial as well as a $78 million cap raise yesterday.
Gold: $US1286.06 ($1,792.77) -0.19%
Silver: $US14.99 +0.11%
Oil (Brent): $US71.30 -0.42%
Oil (WTI): $US63.46 -0.50%
Coal: $US88.08 +1.09%
Iron ore 62% fe: $US93.79 +0.20%
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The Paradigm news was generating interest on the Stockhead Facebook chat forum yesterday.
These were the five most-discussed stocks on trading gossip forum HotCopper at close on Monday:
— HotCopper (@HotCopper) April 15, 2019
After TinyBeans’ (ASX:TNY) announced a deal with toy behemoth Lego, investors were quick to bid the stock up 79 per cent to 71c in the opening minutes of Monday morning trading.
The details are lacking, but Tinybeans reckons the deal is bigger than a $200,000 marketing campaign it signed with a US life insurer in February.
Struggling data sharing company Shareroot (ASX:SRO) fell 50 per cent, with investors unimpressed by a new health-sector focussed business plan.
“At this point in time every dollar counts and we have to ensure we employ every cent toward generating revenue or generating value – no exceptions,” ShareRoot boss Michelle Gallaher says.
“We are under no illusions that it will take an enormous effort to deliver on the promise and achieve success for the company and our shareholders given recent challenges and changes in the business.”
That’s all you need to know. Go go go!