Today on Stockhead, cap raises are booming in 2021, Barry Fitz’s 5 top nickel plays and will we see an ASX crypto ETF this year?
But first…to markets.
THE WEEK AHEAD
It’s the first week of a new month, which means investors will have plenty of important monthly updates to chew over as the week progresses.
Key data on Monday will be led by CoreLogic’s monthly home value index, which Westpac said will show more gains but “not quite as ‘red–hot’ as March”.
On Tuesday, the RBA will make its monthly rates policy announcement. Both CBA and Westpac expect no changes to the bank’s range of supportive policy measures, with the May board meeting “to be a low key affair from a monetary policy perspective”, CBA said.
In addition, there will be plenty of attention on the RBA’s quarterly Statement on Monetary Policy (SoMP) on Friday.
The SoMP includes the central bank’s forecasts for key economic indicators, and is expected to look considerably different from the RBA’s last quarterly update, given the strength in the economy since then.
However, Westpac’s Bill Evans doesn’t expect the RBA to change its current view that rates won’t rise until “2024 at the earliest”.
TRADING HALTS
Monday:
Coronado Global Resources (ASX:CRN) – capital raising
Namoi Cotton (ASX:NAM) – capital raising
Harvest Technology (ASX:HTG) – capital raising
Buru Energy (ASX:BRU) – capital raising
Sacgasco (ASX:SGC) – update on flow testing
St George Mining (ASX:SGQ) – capital raising
Mainstream (ASX:MAI) – takeover update
Iron Road (ASX:IRD) – capital raising
Magnis (ASX:MNS) – operational update
PPK Group (ASX:PPK) – production capacity update
Tuesday:
Odyssey Gold (ASX:ODY) – exploration results
Credit Intelligence (ASX:CI1) – acquisition
Amplia Therapeutics (ASX:ATX) – capital raising
Alkane Resources (ASX:ALK) – drill results
Arrow Minerals (ASX:AMD) – capital raising
Mobecom (ASX:MBM) – transaction
MARKETS
Gold: $US1,768.69 ($2,291.36) (-0.14%)
Silver: $US25.88 ($33.53) (-0.75%)
Oil (WTI): $US63.58 (-2.20%)
Oil (Brent): $US66.76 (-1.90%)
Coal: $US91.88 (+1.64%)
Iron 62pc Fe: $US179.63 (+0.18%)
AUD/USD: $US0.7765 (+0.31%)
Bitcoin: $US56,982.42 (-1.04%)
WHAT GOT YOU TALKING LAST WEEK?
The commodities boom is in full swing, and Stockhead has you covered. Last week included detailed analysis on the hydrogen outlook, iron ore prices, China’s gold plans, and the latest in uranium. Soak it all up like a sponge with the latest edition of Kick Back.
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For the crypto lovers Stockhead’s Cryptohead Facebook group is the place to share all your crypto views, insights, tips and ideas.
Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.
LAST WEEK’S WINNERS
Scroll or swipe to reveal table. Click headings to sort.
Code Company Price ReturnWRoll% MktCap$ BCK Brockman Mining Ltd 0.064 146 $ 603,150,088.52 RXH Rewardle Holding Ltd 0.027 93 $ 16,842,287.62 LIO Lion Energy Limited 0.07 84 $ 14,932,928.88 FIN FIN Resources Ltd 0.042 68 $ 13,126,114.71 VXR Venturex Resources 0.685 59 $ 277,220,110.20 ATL Apollo Tourism 0.52 58 $ 93,075,454.00 CUL Cullen Resources 0.036 57 $ 11,217,529.71 POD Podium Minerals 0.43 56 $ 126,163,656.90 LRS Latin Resources Ltd 0.074 51 $ 77,214,128.99 OXX Octanex Ltd 0.054 50 $ 14,812,254.24 CYQ Cycliq Group Ltd 0.0015 50 $ 3,455,538.84 FAU First Au Ltd 0.024 50 $ 13,521,832.59 PBX Pacific Bauxite Ltd 0.003 50 $ 1,189,842.10 LCK Leigh Crk Energy Ltd 0.26 49 $ 165,537,378.16 AO1 Assetowl Limited 0.01 43 $ 4,792,545.95 NWE Norwest Energy NL 0.007 40 $ 35,514,103.87 ARV Artemis Resources 0.12 40 $ 119,360,253.29 SRK Strike Resources 0.305 39 $ 69,197,595.04 SRZ Stellar Resources 0.029 38 $ 20,414,458.57 TEG Triangle Energy Ltd 0.037 37 $ 19,864,431.39 IDZ Indoor Skydive Aust 0.026 37 $ 11,111,103.27 QPM Queensland Pacific 0.13 37 $ 159,697,922.63 VIP VIP Gloves 0.067 37 $ 39,294,071.75 BIR BIR Financial Ltd 0.019 36 $ 2,112,509.62 NTL New Talisman Gold 0.004 33 $ 9,772,788.77 HFY Hubify Ltd 0.1 33 $ 50,229,775.58 IXU Ixup Limited 0.14 33 $ 94,615,438.91 RHI Red Hill Iron 0.68 33 $ 40,717,141.32 GBR Greatbould Resources 0.047 31 $ 13,012,691.33 HXG Hexagon Energy 0.15 30 $ 58,447,528.65 NRX Noronex Limited 0.15 30 $ 15,580,688.50 ADD Adavale Resource Ltd 0.073 30 $ 18,642,909.68 TI1 Tombador Iron 0.095 30 $ 98,628,676.37
LAST WEEK’S LOSERS
| Code | Company | Price | ReturnWRoll% | MktCap$ |
|---|---|---|---|---|
| IBX | Imagion Biosystems | 0.09 | -38 | $ 114,427,119 |
| TYM | Tymlez Group | 0.021 | -34 | $ 6,716,848 |
| MLS | Metals Australia | 0.002 | -33 | $ 10,567,970 |
| TOM | Tomizone Limited | 0.002 | -33 | $ 850,401 |
| ANL | Amani Gold Ltd | 0.001 | -33 | $ 21,573,993 |
| YFZ | Youfoodz | 0.48 | -32 | $ 67,946,471 |
| ALT | Analytica Limited | 0.0035 | -30 | $ 15,398,304 |
| ACP | Audalia Res Ltd | 0.027 | -29 | $ 18,687,677 |
| VMG | VDM Group Limited | 0.0025 | -29 | $ 17,319,152 |
| KTE | K2 Energy Ltd | 0.019 | -27 | $ 6,614,457 |
| SE1 | Sensera Ltd | 0.06 | -26 | $ 19,408,044 |
| PCH | Property Connect | 0.0015 | -25 | $ 1,028,795 |
| TZL | TZ Limited | 0.12 | -25 | $ 14,120,689 |
| SNG | Siren Gold | 0.28 | -24 | $ 19,307,825 |
| CR9 | Corellares | 0.046 | -23 | $ 15,167,994 |
| CBR | Carbon Revolution | 1.7 | -23 | $ 230,877,892 |
| FPL | Fremont Petroleum | 0.0055 | -21 | $ 28,071,075 |
| TPS | Threat Protect Ltd | 0.03 | -21 | $ 7,228,688 |
| CPN | Caspin Resources | 0.65 | -21 | $ 41,449,626 |
| BPT | Beach Energy Limited | 1.33 | -21 | $ 3,832,640,542 |
| ALG | Ardentleisuregrpltd | 0.855 | -20 | $ 414,945,704 |
| WHK | Whitehawk Limited | 0.2 | -20 | $ 48,821,027 |
| CPT | Cipherpoint Limited | 0.032 | -20 | $ 7,095,614 |
| APG | Austpac Resources NL | 0.002 | -20 | $ 9,496,989 |
| AEI | Aeris Environmental | 0.185 | -20 | $ 54,861,263 |
| PDZ | Prairie Mining Ltd | 0.21 | -19 | $ 47,954,569 |
| CAU | Cronos Australia | 0.105 | -19 | $ 5,105,625 |
| NC6 | Nanollose Limited | 0.105 | -19 | $ 15,507,069 |
| TAS | Tasman Resources Ltd | 0.039 | -19 | $ 24,832,634 |
| LEX | Lefroy Exploration | 1.05 | -19 | $ 112,809,087 |
| AIR | Astivita Ltd | 0.85 | -18 | $ 16,166,453 |
| WOO | Wooboard Tech Ltd | 0.0045 | -18 | $ 20,655,228 |
| AYM | Australia United Min | 0.009 | -18 | $ 18,425,775 |
| TPD | Talon Petroleum Ltd | 0.009 | -18 | $ 53,734,856 |