Rise and Shine: What you need to know before the ASX opens
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The following companies are in trading halts and are expected out in the next two trading days:
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
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
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%)
And electric vehicle manufacturers are having a red hot crack at +5 million sales in 2021. Go you good thing.
— Stockhead (@StockheadAU) February 9, 2021
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.
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.