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

News Reuben Adams
asx news

Pic: Stevica Mrdja / EyeEm / EyeEm via Getty Images

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.

 

 

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
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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
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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.

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