Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, six companies saddling up for the copper supercycle, tin supply tightens again, and battery life beyond lithium.
But first…
It’s been a tough few days, but here’s some good news:
⚠️BREAKING:
*U.S. STOCK INDEX FUTURES ERASE OVERNIGHT LOSSES, NOW POINT TO HIGHER OPEN AS BIG TECH SHARES REBOUND $DIA $SPY $QQQ $IWM $VIX pic.twitter.com/k90zu17Swm
— Investing.com (@Investingcom) February 24, 2021
But just in case:
TRADING HALTS
The following companies are in trading halts and are expected to exit over the next two trading days:
Today:
Veris (ASX:VRS) – capital raising
Broo (ASX:BEE) – distribution agreement
Netccentric (ASX:NCL) – capital raising
Lucapa Diamond (ASX:LOM) – diamond recovery
Candy Club (ASX:CLB) – ASX query response
Babylon Pump & Power (ASX:BPP) – capital raising
Orion Minerals (ASX:ORN) – capital raising
Jadar Lithium (ASX:JDR) – price query
Friday:
Fatfish (ASX:FFG) – Smart funding update
Adacel Technologies (ASX:ADA) – new contract award
AustChina (ASX:AUH) – price query
Berkeley Energia (ASX:BKY) – regulatory update
Torian Resources (ASX:TNR) – capital raising
Golden State Mining (ASX:GSM) – capital raising
MPower Group (ASX:MPR) – capital raising
MARKETS
Gold: $US1,799.17 ($2,262.40) (-0.32%)
Silver: $US27.83 ($35.00) (+0.76%)
Oil (WTI): $US63.15 (+2.40%)
Oil (Brent): $US66.94 (+2.40%)
Coal: $US78.50 (+2.95%)
Iron 62pc Fe: $US164.53 (+0.23%)
AUD/USD: $US0.7952 (+0.54%)
Bitcoin: $US48,961.07 (+5.45%)
WHAT GOT YOU TALKING YESTERDAY?
Is Russell Crowe involved in hydrogen, you asked? No, he’s not.
Andrew Forrest’s grand call in a televised speech a few weeks ago for Australia to produce green steel made from zero-emissions energy such as hydrogen is starting to lead to action. https://t.co/vyIRlXRdM2 #ASX #hydrogen #ironore #steel $AVL $FMG $IRD pic.twitter.com/RPj7Aazzig
— Stockhead (@StockheadAU) February 23, 2021
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Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.
YESTERDAY’S WINNERS
Code | Company | Price | % | Volume |
---|---|---|---|---|
VXR | Venturex Resources | 0.35 | 233 | 42099675 |
AUH | Austchina Holdings | 0.015 | 88 | 17030464 |
CWX | Carawine Resources | 0.34 | 58 | 29252577 |
WWG | Wisewaygroupltd | 0.32 | 52 | 727303 |
AIS | Aeris Resources Ltd | 0.135 | 35 | 48732229 |
SHG | Singular Health | 0.515 | 27 | 4004678 |
ARO | Astro Resources NL | 0.005 | 25 | 39710095 |
IOU | Ioupay Limited | 0.61 | 24 | 79391823 |
MGL | Magontec Limited | 0.026 | 24 | 664603 |
STN | Saturn Metals | 0.4 | 21 | 9719564 |
AVR | Anteris Technologies | 6.65 | 20 | 31003 |
BDM | Burgundy D Mines Ltd | 0.27 | 20 | 837996 |
SOP | Synertec Corporation | 0.091 | 20 | 2269070 |
MSI | Multistack Internat. | 0.026 | 18 | 3115647 |
LPE | Locality Planning | 0.235 | 18 | 621306 |
CAZ | Cazaly Resources | 0.048 | 17 | 6923981 |
DLC | Delecta Limited | 0.007 | 17 | 174000 |
VPR | Volt Power Group | 0.0035 | 17 | 2330225 |
RNE | Renu Energy Ltd | 0.08 | 16 | 253001 |
ITG | Intega Group Limited | 0.33 | 16 | 640523 |
SOR | Strategic Elements | 0.52 | 16 | 14553937 |
Venturex Resources (ASX:VXR) more than tripled with news of a $58 million funding package for its Sulphur Springs copper-zinc project – headed by Northern Star (ASX:NST) boss Bill Beament who will control a dominant 26 per cent of the advanced explorer/project developer on completion.
Explorer Carawine Resources (ASX:CWX) also surged after exploration results from its Tropicana North project in WA.
Queensland based energy retailer Locality Planning Energy (ASX:LPE) climbed off the back of its half yearly result as did logistics company Wiseway (ASX:WWG) and engineering services stock Intega (ASX:ITG).
YESTERDAY’S LOSERS
Code | Company | Price | % | Volume |
---|---|---|---|---|
CLZ | Classic Min Ltd | 0.001 | -50 | 105714486 |
ECT | Env Clean Tech Ltd. | 0.001 | -33 | 1000000 |
LEX | Lefroy Exploration | 0.51 | -26 | 10773868 |
ADX | ADX Energy Ltd | 0.009 | -25 | 49569861 |
CLT | Cellnet Group | 0.125 | -22 | 10282484 |
TOU | Tlou Energy Ltd | 0.048 | -21 | 222225 |
EMU | EMU NL | 0.062 | -21 | 4950149 |
PUR | Pursuit Minerals | 0.063 | -20 | 76278548 |
XPE | Xped Limited | 0.002 | -20 | 1318983 |
PF1 | Pathfinder Resources | 0.245 | -20 | 698106 |
SRZ | Stellar Resources | 0.033 | -20 | 37721599 |
CXX | Cradle Resources Ltd | 0.061 | -19 | 9104 |
HMX | Hammer Metals Ltd | 0.11 | -19 | 7401232 |
HUM | Humm Group Limited | 1.08 | -18 | 19662180 |
NGY | Nuenergy Gas Ltd | 0.052 | -17 | 937023 |
MXC | Mgc Pharmaceuticals | 0.087 | -17 | 39398105 |
ARC | Aust Rural Cap Ltd | 0.175 | -17 | 56775 |
RNO | Rhinomed Ltd | 0.1 | -17 | 230070 |
CI1 | Credit Intelligence | 0.065 | -17 | 53510055 |
GTG | Genetic Technologies | 0.01 | -17 | 54060751 |
Product distribution company Cellnet (ASX:CLT) and BNPL stock HUMM Group (ASX:HUM) both fell following their half yearly results.