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

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

Picture: Getty Images

On Stockhead today, who’s leading the dairy formula pack right now, the “only small cap data centre worth backing”, and the ASX stocks set to win from a $1.5 billion gas pipeline.

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

 

The day ahead in data

Today the Reserve Bank of Australia is releasing commodity price index data, an early indicator of export price changes.

Yesterday was the deadline for companies submitting their quarterly reports and Appendix 4Cs, so expect those to start to slow down, and start to see companies getting in trouble for not sending theirs to the ASX.

 

Company news

The following three companies have shares coming out of escrow today:

  • 1414 Degrees (ASX:14D) – 1,787,952
  • Liontown Resources (ASX:LTR) – 1,785,714
  • QEM (ASX:QEM) – 447,185

The following 10 companies are due out of a trading halt in the next 48 hours:

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
  • Rent.com.au (ASX:RNT) – government contract

Thursday:

  • EBOS Group (ASX:EBO) – capital raising
  • Triton Minerals (ASX:TON) – notification of granting of mining concession
  • American Pacific Borate (ASX:ABR) – capital raising
  • Black Cat Syndicate (ASX:BC8) – capital raising
  • Force Commodities (ASX:4CE) – agreement to acquire new project

 

Commodities

Gold: $US1,283.44 ($1,821.16) +0.28%

Silver: $US14.93 +0.21%

Oil (Brent): $US72.66 +0.86%

Oil (WTI): $US63.49 -0.09%

Coal: $US88.45 +1.32%

Iron ore 62pc fe: $US93.17 +0.01%

AUD/USD: $US0.7048

 

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What got you talking yesterday

Yesterday’s health stories, including $5 million in funding for PainChek (ASX:PCK), were of interest on the Stockhead Facebook chat forum.

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

 

Yesterday’s winners

Employment technology stock Nvoi Ltd (ASX: NVO) rose 60 per cent to 0.8c after announcing a round of board and management changes.

CEO Jennifer Maritz and company secretary Michael Bermeister are out, with John Winters stepping into the role of interim CEO on a salary of $120,000 per year.

Reverse Corp (ASX:REF), which owns the 1800-Reverse service, rose 58 per cent to 3c, after announcing it is selling its online contact lenses businesses — who knew?! — to Coastal Contacts for $2.8 million.

It is “exploring the best future company structure” as 1800 Reverse is closing on July 1.

But PainChek was the biggest winner, closing at 7c, a 100 per cent jump.

ASX code Company name Price % Chg Market cap Volume
PCK Painchek Ltd 0.07 100% $57,300,000 43.6M
SRO Shareroot Ltd 0.002 100% $3,100,000 625.0k
NVO NVOI Ltd 0.008 60% $8,300,000 44.7M
REF Reverse Corp Ltd 0.03 58% $2,700,000 26.4M
NOR Norwood Systems Ltd 0.003 50% $4,800,000 17.2M
RXH Rewardle Holdings Ltd 0.003 50% $1,600,000 691.9k
DRE Dreadnought Resources Ltd 0.004 33% $4,400,000 1.1M
EMP Emperor Energy Ltd 0.004 33% $4,100,000 290.0k
MHC Manhattan Corp Ltd 0.004 33% $3,000,000 1.3M
TBH Betmakers Holdings Ltd/The 0.04 32% $9,200,000 1.8M
OXX Octanex Ltd 0.009 29% $2,500,000 101.8k
GBP Global Petroleum Ltd 0.02 28% $4,700,000 7.5k
ALT Analytica Ltd 0.005 25% $16,700,000 1.0M
ANL Amani Gold Ltd 0.003 25% $9,200,000 666.7k
CAV Carnavale Resources Ltd 0.005 25% $3,300,000 334.0k
DW8 Digital Wine Ventures Ltd 0.005 25% $3,500,000 654.2k
PCL Pancontinental Oil & Gas NL 0.003 25% $13,500,000 19.8M
TV2 TV2U International Ltd 0.005 25% $11,100,000 6.3M
VN8 Vonex Ltd 0.16 24% $23,800,000 1.5M
WordPress Table

 

Yesterday’s losers

Telecoms minnow United Networks (ASX: UNL) was the biggest loser, falling by 35 per cent to 1.3c. The company’s share price has been in steady decline since it listed in early 2017 with a stable of blue-chip backers at 20 cents per share.

ASX code Company name Price % Chg Market Cap Volume
UNL United Networks Ltd 0.013 -35% $1,600,000 225.0k
VAR Variscan Mines Ltd 0.001 -33% $1,300,000 120.0k
MRD Mount Ridley Mines Ltd 0.001 -33% $2,300,000 1.2M
GLV Global Vanadium Ltd 0.002 -33% $5,700,000 1.3M
GLA Gladiator Resources Ltd 0.001 -33% $1,500,000 1.6M
EXO Ennox Group Ltd 0.002 -33% $5,300,000 222.1k
AYR Alloy Resources Ltd 0.002 -33% $3,200,000 569.4k
MMR MEC Resources Ltd 0.005 -29% $1,700,000 42.6k
MSG MCS Services Ltd 0.02 -25% $3,400,000 52.4M
RNX Renegade Exploration Ltd 0.003 -25% $2,100,000 863.3k
MLS Metals Australia Ltd 0.002 -25% $4,400,000 1.7M
KLH Kalia Ltd 0.002 -25% $3,800,000 3.0M
KGM KalNorth Gold Mines Ltd 0.003 -25% $2,700,000 15.0k
GGX Gas2Grid Ltd 0.003 -25% $3,500,000 6.1M
AZI Alta Zinc Ltd 0.003 -25% $5,500,000 1.2M
NET NetLinkz Ltd 0.1 -25% $136,700,000 14.0M
AEE Aura Energy Ltd 0.01 -23% $12,700,000 17.7M
SPX Spectrum Metals Ltd 0.02 -23% $22,100,000 49.2M
WWI West Wits Mining Ltd 0.007 -22% $5,600,000 5.0M
WordPress Table

 
That’s all you need to know. Get Krack’n!

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