On Stockhead today, why you probably shouldn’t jump back in to uranium, Trigg Mining tries again for an IPO, and the cannabis company that wants to be a data company.

But first, here’s what you need to know about the week ahead.

 

The day ahead in data

Today the Reserve Bank of Australia has monthly and yearly figures on how much money the private sector is borrowing, while the Australian Industry Group also releases data on the manufacturing sector.

 

Company news

Expect the deluge of quarterly reports to continue, though not for much longer. Three companies have shares coming out of escrow today:

  • EMvision Medical Devices (ASX:EMV) – 1,793,250
  • Metro Mining (ASX:MMI) – 6,779,245
  • WiseTech Global (ASX:WTC) – 188,921

The following seven companies are due out of a trading halt in the next 48 hours:

Tuesday:

  • PainChek (ASX:PCK) – government contract
  • Rent.com.au (ASX:RNT) – capital raise

Wednesday:

  • Inca Minerals (ASX:ICG) – capital raising
  • Betmakers Holdings (ASX:TBH) – capital raising
  • Big River Industries (ASX:BRI) – capital raising & acquisition
  • New World Cobalt (ASX:NWC) – capital raising
  • Alicanto Minerals (ASX:AQI) – capital raising & acquisition

 

Commodities

Gold: $USD1,280.71 ($1,815.05) -0.50%

Silver: $USD14.91 -1.14%

Oil (Brent): $USD71.85 -0.24%

Oil (WTI): $USD63.48 +0.49%

Coal: $USD87.30 +0.79%

Iron ore 62pc fe: $USD93.16 +0.02%

AUD/USD: $USD0.7056
 
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What got you talking yesterday

Thermal coal was on the tongues of members of the Stockhead Facebook chat forum.

Paringa (ASX:PNL) says it has sold all of its coal production for 2019 and has so far sold about 70 per cent for 2020 with “leading regional power utilities”, wrote resources editor Angie East.

“Time to jump on board the coal train,” wrote member Todd Thurkettle.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Monday:

 

Yesterday’s winners

Payments provider Splitit (ASX:SPT) rose 25 per cent to close at $1.16 after boasting about record results in its first quarterly report as a publicly-listed company.

Splitit took about $457,000 in customer receipts for the March quarter, roughly two-fifths of its total revenue for the 2018 financial year.

Leading the pack in percentage terms this morning was Internet of Things minnow XPED (ASX:XPE), which jumped by 50 per cent to 0.2 cents.

Among the junior resources stocks, gold miner Lodestar Resources (ASX:LSR) was the standout performer (also on no news) jumping more than 40 per cent to 1 cent per share.

ASX code Company name Price % Chg Market cap Volume
XPE Xped Ltd 0.002 100% $3,300,000 1.1M
MSG MCS Services Ltd 0.02 85% $4,300,000 69.6M
PCH Property Connect Holdings Ltd 0.003 50% $2,100,000 3.6M
LSR Lodestar Minerals Ltd 0.01 43% $7,500,000 1.6M
AGE Alligator Energy Ltd 0.004 33% $4,100,000 1.8M
TOU Tlou Energy Ltd 0.15 30% $67,500,000 250.6k
PNC Pioneer Credit Ltd 2.52 28% $158,300,000 1.0M
RNO Rhinomed Ltd 0.23 27% $33,400,000 316.7k
KPO Kalina Power Ltd 0.02 26% $17,400,000 1.7M
SPT Splitit Payments Ltd 1.16 25% $303,500,000 32.9M
VN8 Vonex Ltd 0.13 25% $18,600,000 920.3k
PIL Peppermint Innovation Ltd 0.015 25% $14,800,000 4.0M
BAS Bass Oil Ltd 0.003 25% $6,500,000 1.4M
NVO NVOI Ltd 0.005 25% $5,200,000 400.0k
SGO Stream Group Ltd 0.01 25% $2,200,000 2.6M
SRN Surefire Resources NL 0.005 25% $2,200,000 6.8M
SWF SelfWealth Ltd 0.13 23% $22,900,000 2.4M
IGE Integrated Green Energy Soluti 0.25 23% $96,200,000 50.2k
FLN Freelancer Ltd 0.85 21% $387,300,000 525.5k

 

Yesterday’s losers

Only two of the 19 worst performers yesterday were valued at more than 1 cent, one of which was early stage lithium explorer Fe Limited (ASX:FEL).

The stock price fell by more than 20 per cent to 1.4 cents following a drilling update from Auris Minerals (ASX:AUR) at the Forrest and Wodger Prospects in the Bryah Basin of Western Australia.

ASX code Company name Price % Chg Market Cap Volume
MHC Manhattan Corp Ltd 0.003 -40% $2,200,000 1.3M
RXH Rewardle Holdings Ltd 0.002 -33% $1,100,000 236.3k
AHL AHAlife Holdings Ltd 0.007 -30% $4,700,000 564.8k
AXT Argo Exploration Ltd 0.01 -29% $1,800,000 30.0k
MRD Mount Ridley Mines Ltd 0.002 -25% $3,500,000 1.3M
EMP Emperor Energy Ltd 0.003 -25% $3,100,000 250.0k
BUY Bounty Oil & Gas NL 0.003 -25% $2,900,000 72.0k
FEL Fe Ltd 0.014 -22% $5,500,000 63.4k
AR9 Archtis Ltd 0.11 -21% $13,500,000 138.4k
TV2 TV2U International Ltd 0.004 -20% $8,800,000 3.1M
RLC Reedy Lagoon Corp Ltd 0.004 -20% $1,600,000 11.5k
GPP Greenpower Energy Ltd 0.002 -20% $3,100,000 1
ETE Entek Energy Ltd 0.009 -18% $2,700,000 1.5M
REF Reverse Corp Ltd 0.02 -17% $1,800,000 499.5k
BRB Breaker Resources NL 0.31 -17% $56,600,000 1.6M
EM1 Emerge Gaming Ltd 0.02 -17% $15,100,000 54.6M
JXT Jaxsta Ltd 0.26 -17% $57,800,000 296.0k

 
That’s all you need to know. Move along now.