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:
Sunshine Gold (ASX:SHN) – acquisition
EcoGraf (ASX:EGR) – capital raising
Challenger Exploration (ASX:CEL) – assay results
88 Energy (ASX:88E) – capital raising & board changes
Pilot Energy (ASX:PGY) – acquisition
Tyranna Resources (ASX:TYX) – price query
Gold: $US1,841.97 ($2,384.06) (+0.27%)
Silver: $US27.04 ($35.00) (-0.58%)
Oil (WTI): $US58.56 (+0.34%)
Oil (Brent): $US61.31 (+0.36%)
Coal: $US81.90 (-0.12%)
Iron 62pc Fe: $US159.74 (+1.01%)
AUD/USD: $US0.7704 (+0.38%)
Bitcoin: $US44,974.18 (-4.21%)
Wallstreetbets may be losing the battle, but the GameStop War isn’t over just yet.
Here’s some fat fingers adding extra zeros to a buy order:
$EGR This is either really really good or really really bad
Meant to bid for 100k shares but didn’t realise I added an extra zero🥶 pic.twitter.com/ug7EaioITo
— Stockrocker (@Stockrocker_ASX) February 10, 2021
And with BTC now pushing towards a historic high of $US50,000, how should investors evaluate the 2021 outlook?
— Alex Saunders 🇦🇺👨🔬 (@AlexSaundersAU) February 9, 2021
The biggest winner was graphite minnow BlackEarth (ASX:BEM), which signed a supply and marketing agreement with big German-based graphite supply chain group Luxcarbon.
Brookside Energy (ASX:BRK) rose after completing an $8.25 million capital raising to help it fund its Jewell Well.
The company said it welcomed “several new high net worth investors looking for exposure to the oil and gas sector”.
Jewell Well was the first well in a potential five-year, 20-plus well development drilling program.
Large cap engineering firm CIMIC Group (ASX:CIM) released some unimpressive financial results.
Gold explorer Dreadnought Resources (ASX:DRE) fell after recent drilling did not live up to expectations.