Rise and Shine: What you need to know before the ASX opens
News
On Stockhead today, the ASX small caps that have already gained 100 per cent this year, the stocks that will be hit by EV election policies, and Paleo Pete’s getting into pot.
But first, here’s what you need to know about the day ahead.
Today the Housing Industry Association has the latest on rates of home sales in the country, and the Australian Industry Group has data on the services sector.
In the US, it will be interesting to watch what plays out now that president Alec Baldwin Donald Trump has sent out these tweets…
China is adding great stimulus to its economy while at the same time keeping interest rates low. Our Federal Reserve has incessantly lifted interest rates, even though inflation is very low, and instituted a very big dose of quantitative tightening. We have the potential to go…
— Donald J. Trump (@realDonaldTrump) April 30, 2019
….up like a rocket if we did some lowering of rates, like one point, and some quantitative easing. Yes, we are doing very well at 3.2% GDP, but with our wonderfully low inflation, we could be setting major records &, at the same time, make our National Debt start to look small!
— Donald J. Trump (@realDonaldTrump) April 30, 2019
The following three companies have shares coming out of escrow today:
The following 10 companies are due out of a trading halt in the next 48 hours:
Thursday:
Friday:
Gold: $US1278.86 ($1,823.01) +0.29%
Silver: $US14.64 -1.77%
Oil (Brent): $US14.64 -0.95%
Oil (WTI): $US63.62 -0.50%
Coal: $US87.80 -0.73%
Iron ore 62pc fe: $US93.24 +0.08%
AUD/USD: $US0.7015
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A deal for Senex (ASX:SXY) for its gas with packaging manufacturer Orora (ASX:ORA) got tongues wagging on the Stockhead Facebook chat forum.
These were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday:
Close Top 5 #MostDiscussedStocks: $GXY $AGY $A2M $EN1 $PLS #asx #ausbiz https://t.co/xOFzWm2Yj0
— HotCopper (@HotCopper) May 1, 2019
A deal with iconic Italian motorcycle brand Ducati sent shares in Vmoto (ASX:VMT) up 77 per cent to 14c on Wednesday.
Vmoto will launch a two-wheel electric vehicle special edition for Ducati, to be manufactured and distributed by Vmoto under a worldwide licensing agreement signed with Ducati.
Nine-figure funding sent Havilah Resources (ASX:HAV) shares up 45 per cent to 22c at close.
The company secured $100 million from OneSteel, a member of the GFG Alliance.
WhiteHawk (ASX:WHK) shares closed up 36 per cent to 9c, after it picked up another contract with the US government.
This new sub-contract, unrelated to that deal, will see WhiteHawk provide an enterprise-wide cyber risk management framework to the primary contractor, currently unnamed but based in Virginia. The entire contract is worth about $2.8 billion.
ASX code | Company name | Price | % Chg | Market cap | Volume |
---|---|---|---|---|---|
VMT | Vmoto Ltd | 0.14 | +77.22% | $30,900,000 | 14.9M |
ARO | Astro Resources NL | 0.003 | +50.00% | $3,800,000 | 1.0k |
EPM | Eclipse Uranium Ltd | 0.003 | +50.00% | $3,400,000 | 2.0M |
EXO | Ennox Group Ltd | 0.003 | +50.00% | $5,300,000 | 600.0k |
NVO | NVOI Ltd | 0.012 | +50.00% | $11,900,000 | 36.8M |
HAV | Havilah Resources Ltd | 0.22 | +45.16% | $49,100,000 | 1.8M |
ARX | Arc Exploration Ltd | 0.19 | +44.44% | $4,900,000 | 212.8k |
HNR | Hannans Ltd | 0.015 | +36.36% | $27,800,000 | 16.5M |
WHK | WhiteHawk Ltd | 0.09 | +35.94% | $10,600,000 | 19.6M |
SMX | Security Matters Ltd | 0.5 | +35.14% | $55,000,000 | 445.0k |
CIO | Connected IO Ltd | 0.004 | +33.33% | $7,300,000 | 22.8M |
KLH | Kalia Ltd | 0.002 | +33.33% | $5,000,000 | 4.0M |
PCH | Property Connect Holdings Ltd | 0.004 | +33.33% | $2,700,000 | 3.9M |
SUD | Suda Pharmaceuticals Ltd | 0.004 | +33.33% | $10,300,000 | 3.3M |
IP1 | Integrated Payment Technologie | 0.02 | +33.33% | $4,800,000 | 542.8k |
JAY | Jayride Group Ltd | 0.33 | +29.41% | $27,800,000 | 60.0k |
QTM | Quantum Health Group Ltd | 0.03 | +25.00% | $32,900,000 | 170.0k |
AYR | Alloy Resources Ltd | 0.003 | +25.00% | $3,900,000 | 834.3k |
HCH | Hot Chili Ltd | 0.03 | +23.08% | $35,600,000 | 6.1M |
Talga Resources (ASX:TLG) snuck out its quarterly report well after the market closed on Tuesday, and that led to its shares falling 27 per cent to 52c.
That was despite what managing director Mark Thompson called “another highly successful quarter”.
ASX code | Company name | Price | % Chg | Market Cap | Volume |
---|---|---|---|---|---|
FSG | Field Solutions Holdings Ltd | 0.02 | -39.29% | $7,300,000 | 72.3k |
VAL | Valor Resources Ltd | 0.005 | -28.57% | $11,400,000 | 13.6M |
SYT | Syntonic Ltd | 0.005 | -28.57% | $19,400,000 | 80.5M |
TLG | Talga Resources Ltd | 0.52 | -27.27% | $118,100,000 | 2.5M |
NGY | NuEnergy Gas Ltd | 0.011 | -26.67% | $17,800,000 | 195.0k |
T3D | 333D Ltd | 0.002 | -25.00% | $1,300,000 | 4.6M |
POH | Phosphagenics Ltd | 0.003 | -25.00% | $4,700,000 | 500.0k |
CVS | Cervantes Corp Ltd | 0.003 | -25.00% | $1,500,000 | 50.0k |
SES | SECOS Group Ltd | 0.03 | -23.53% | $7,900,000 | 532.0k |
IAM | Intiger Group Ltd | 0.007 | -22.22% | $13,400,000 | 4.5M |
AEV | Avenira Ltd | 0.015 | -21.05% | $15,900,000 | 1.1M |
NWC | New World Cobalt Ltd | 0.012 | -20.00% | $6,600,000 | 1.2M |
HOR | Horseshoe Metals Ltd | 0.012 | -20.00% | $2,300,000 | 461.2k |
TYX | Tyranna Resources Ltd | 0.004 | -20.00% | $3,800,000 | 25.1k |
TV2 | TV2U International Ltd | 0.004 | -20.00% | $8,800,000 | 4.9M |
SRY | Story-I Ltd | 0.02 | -20.00% | $4,800,000 | 253.0k |
RMX | Red Mountain Mining Ltd | 0.004 | -20.00% | $3,100,000 | 2.8M |
FTT | Factor Therapeutics Ltd | 0.004 | -20.00% | $4,200,000 | 626.6k |
DW8 | Digital Wine Ventures Ltd | 0.004 | -20.00% | $2,800,000 | 84.8k |
That’s all you need to know. For now.