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

On Stockhead today, Elon and BTC and what happens now, iron ore futures are solid, and Bevan Slattery’s $8m week.

But first…

The day ahead

The following companies are in trading halts and are expected out in the next two trading days:

TODAY

Victory Mines (ASX:VIC) – drilling results
Kin Mining (ASX:KIN) – capital raising
Wellfully (ASX:WFL) – capital raising
Brookside Energy (ASX:BRK) – capital raising
Stonehouse Energy (ASX:SHE) – capital raising
CV Check (ASX:CV1) – acquisition & capital raising
Avecho Biotechnology (ASX:AVE) – capital raising

THURSDAY

Crown Resorts (ASX:CWN) – response to ILGA report
Atrum Coal (ASX:ATU) – government coal policy response
Great Western Exploration (ASX:GTE) – capital raising
Bannerman Resources (ASX:BMN) – capital raising

Markets

Gold: $US1,836.42 ($2,373.24) (+0.34%)

Silver: $US27.28 ($35.25) (+0.12%)

Oil (WTI): $US58.38 (+0.71%)

Oil (Brent): $US61.14 (+0.96%)

Coal: $US82.00 (+0.61%)

Iron 62pc Fe: $US158.15 (+1.31%)

AUD/USD: $US0.7736 (+0.52%)

Bitcoin: $US46,975.21 (+8.96%)

What got you talking yesterday?

An ETF is being launched that will track meme stocks driven by platforms like Reddit and Twitter. Not joking.

On Monday, Cann Group (ASX:CAN) had $3.6m stolen in a so-called ‘cyber-attack’. Yesterday, the stock gained 18 per cent.

fell for the Nigerian prince scam and went up 18% the next day from r/ASX_Bets

And electric vehicle manufacturers are having a red hot crack at +5 million sales in 2021. Go you good thing.

2020 was surprisingly excellent for EV sales — but it only gets better from here. #ASX #lithium #graphite #cobalt #nickel #copper https://t.co/d4qBLB8VtT

— Stockhead (@StockheadAU) February 9, 2021

Yesterday’s winners

Code	Company	Price	%	Volume	MktCap
RLC	Reedy Lagoon Corp.	0.047	176	218,511,038	$7,985,474
PCL	Pancontinental Oil	0.002	100	4,002,500	$5,406,715
PKD	Parkd Ltd	0.066	65	11,605,020	$3,006,000
A3D	Aurora Labs Limited	0.155	61	9,475,144	$14,678,061
ANL	Amani Gold Ltd	0.0015	50	26,012,153	$9,386,997
ACS	Accent Resources NL	0.033	50	8,333	$10,252,600
EGR	Ecograf Limited	1.00	47	12,495,704	$247,511,002
RMI	Resource Mining Corp	0.023	44	6,279,462	$4,740,278
FFX	Firefinch Ltd	0.275	31	40,878,827	$164,200,781
EMH	European Metals Hldg	1.51	29	2,009,919	$140,295,753
SCU	Stemcell United Ltd	0.031	29	213,653,115	$20,167,696
EWC	Energy World Corpor.	0.135	29	3,114,039	$188,541,326
NAG	Nagambie Resources	0.06	25	1,353,974	$23,996,753
2BE	Tubi Limited	0.08	25	1,791,006	$19,923,634
VR8	Vanadium Resources	0.045	25	681,855	$13,473,988
ATH	Alterity Therap Ltd	0.048	23	167,139,689	$79,207,049
IXR	Ionic Rare Earths	0.05	22	111,937,015	$115,242,780
NOX	Noxopharm Limited	0.83	21	6,803,278	$180,032,238
MLS	Metals Australia	0.003	20	3,100,000	$10,477,259
WRM	White Rock Min Ltd	0.61	20	1,263,917	$37,078,037
GO2	Thego2People	0.038	19	80,000	$4,726,068
BCK	Brockman Mining Ltd	0.051	19	703,495	$399,006,982

Reedy Lagoon Corp (ASX:RLC) was by far the biggest gainer, soaring 176 per cent after announcing it would work with two partners to establish a “green iron” production facility in WA to smelt magnetite using biochar as instead of coal.

Responding to an ASX price query, Aurora Labs (ASX:A3D) attributed the jump in the price of its securities to the market re-rating the company as its 3D metal printing technology advances towards commercial readiness. A3D shares finished the day up 61.5 per cent at 15.5c.

Resource Mining Corp (ASX:RMI) gained 43.8 per cent to 2.3c after announcing it had acquired a controlling interest in a nickel project in Tanzania.

Firefinch (ASX:FFX) rose 31 per cent to 27.5c after announcing it would emerge its Goulamina lithium project in Mali into a separate entity on the ASX to better realise its value. Firefinch will become solely focused on gold exploration following the demerger.

Yesterday’s losers

Code	Company	Price	%	Volume	MktCap
ANW	Aus Tin Mining	0.001	-33	14,050,075	$10,504,371
BAS	Bass Oil Ltd	0.001	-33	160,000	$5,013,210
CCE	Carnegie Cln Energy	0.002	-33	110,599,157	$36,175,050
CYQ	Cycliq Group Ltd	0.002	-33	700,000	$6,911,078
FRX	Flexiroam Limited	0.062	-28	157,247,199	$43,055,645
NPM	Newpeak Metals	0.003	-25	2,402,500	$19,169,884
OEX	Oilex Ltd	0.0015	-25	3,763,559	$8,324,260
NGY	Nuenergy Gas Ltd	0.06	-23	20,793,442	$115,514,529
XTC	Xantippe Res Ltd	0.002	-20	8,498,992	$10,186,411
YPB	YPB Group Ltd	0.002	-20	729,466	$11,802,628
GGG	Greenland Minerals	0.205	-18	28,275,647	$335,249,587
GGE	Grand Gulf Energy	0.015	-17	14,885,482	$6,907,491
BSM	Bass Metals Ltd	0.005	-17	36,700,015	$24,130,054
EN1	Engage:Bdr Limited	0.005	-17	3,992,351	$14,224,467
LGP	Little Green Pharma	0.785	-16	4,674,356	$77,223,545
CAV	Carnavale Resources	0.008	-16	68,720,023	$19,401,188
CD3	Cd Private Equityiii	1.07	-15	36,266	$91,115,951
AQC	Auspaccoal Ltd	0.11	-15	3,520	$6,563,025
CGF	Challenger Limited	6.15	-15	8,732,828	$4,877,938,351
MR1	Montem Resources	0.205	-15	472,500	$39,133,025
GGX	Gas2Grid Limited	0.006	-14	27,978,601	$9,351,979

Cycliq Group (ASX:CYQ) dropped by a third to 0.2c after the bike safety company announced leadership changes.

Little Green Pharma (ASX:LGP) fell 16 per cent to 78.5c after the cannabis producer announced it would raise $22 million at 65c a share. That’s a 30.5 per cent discount to the last traded price, and an 8.4 per cent discount to the 20-day volume-weighted average price.