On Stockhead today, crypto assets are making noise again, Australia needs a better way to buy power, and the latest update on ASX health stocks.

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


The week ahead in data

There’s bugger all on the domestic front today, though – as always, eyes are on the ‘trade war’ between China and the US. Global stock markets were depressed after Trump’s threats to impose new tariffs on Chinese exports, with China saying it would retaliate if that happened.

The impact was initially felt less at home thanks to positive share price movement from BHP, Rio and Fortescue, though those companies all experienced falls on Wednesday.


Company news

Euro Manganese (ASX:EMN) has 1.5 million shares out of escrow today.

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


  • Kopore Metals (ASX:KMT) – capital raising
  • Adslot (ASX:ADJ) – capital raising
  • Tempus Resources (ASX:TMR) – acquisition
  • Impression Healthcare (ASX:IHL) – clarifying securities issue


  • Evolve Education Group (ASX:EVO) – capital raising
  • Pacific Bauxite (ASX:PBX) – update on project-related court proceedings
  • King Island Schleelite (ASX:KIS) – project redevelopment
  • Blackstone Minerals (ASX:BSX) – capital raising
  • 5G Networks (ASX:5GN) – capital raising
  • Terracom (ASX:TER) – capital raising



Gold: $US1279.73 ($1,831.23) -0.28%

Silver: $US14.84 -0.51%

Oil (Brent): $US70.27 +0.49%

Oil (WTI): $US61.84 +0.94%

Coal: $US88.95 +1.08%

Iron ore 62pc fe: $US94.75 +1.33%

AUD/USD: $US0.6989


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What got you talking last week

Heron Resources’ (ASX:HRR) news that it is now a zinc and copper producer had tongues wagging on the Stockhead Facebook chat forum.

Member Todd Thurkettle: “Good signs for the next nine years.”

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



Yesterday’s winners

They must have been crying tears of joy at Orthocell (ASX:OCC). Shares rose an unbelievable 377 per cent yesterday, to 52c, after the company revealed that its CelGro technology was helping patients who’d suffered severe nerve damage regain sensation and function.

In a statement that might bring to mind memories of Moira such is its tone, patient Daniel Hunt said it had changed his life:

“After my football injury, I had no feeling in my right shoulder. I couldn’t pick up my kids, swim, or play football.

“When Dr O’Beirne said that being in the CelGro study might improve outcomes, I thought it would be worth trying.

“I’m living a normal life now. I can pick up my kids and I even swam a duo to Rottnest! I might even be able to play footy again next year-something that I thought would never happen.”

Give that man a set of steak knives.

Flexigroup (ASX:FXL) shares gained 24 per cent to $1.68 after telling investors a whole host of big retailers have joined its buy-now-pay-later (BNPL) platform.

Of most interest to Stockhead this morning was its claim to be the inventor of BNPL. A spokesman for the company says it started a white labelled BNPL service about 20 years ago (what we’d know as layby), and consumer-oriented (albeit sold via retailers) services since 2000.

TickerNamePrice% ChgMarket CapVolume
OCCOrthocell Ltd0.52377%$63,400,00076.8M
HCOHylea Metals Ltd0.01550%$1,500,00075.9k
AROAstro Resources NL0.00350%$3,800,0002.5M
CADCaeneus Minerals Ltd0.001550%$2,800,000775.0k
GLEGLG Corp Ltd0.1535%$11,100,00020.0k
KLHKalia Ltd0.00233%$5,000,000250.0k
DW8Digital Wine Ventures Ltd0.0129%$7,000,00031.4M
IBNIbuynew Group Ltd0.0327%$610,00014.2k
ANLAmani Gold Ltd0.002525%$9,200,0002.9M
FXLFlexiGroup Ltd/Australia1.6824%$662,600,0008.0M
KINKin Mining NL0.0821%$33,100,000157.3k
GMCGulf Manganese Corp Ltd0.00620%$25,300,00032.0M
KTEK2 Energy Ltd0.00620%$1,800,000580.0k
SMDSyndicated Metals Ltd0.00620%$3,800,000300.0k
KTDKeytone Dairy Corp Ltd0.5818%$87,000,0005.5M
MEBMedibio Ltd0.01318%$3,200,000368.3k
IMEImExHS Ltd0.0317%$31,500,0008.6M


Yesterday’s losers

In investors’ bad books was YPB (ASX:YPB), which had to explain its role in an increasingly confusing crypto deal that involved First Growth Funds (ASX:FGF)DigitalX (ASX:DCC), and Blockchain Global. Shares dropped 33 per cent to 0.6c.

The ‘token sale event’ was launched at the height of the crypto craze in December 2017, and the ASX is now trying to ascertain what money has changed hands, who is still participating in this deal and what everyone has actually done. And whether YPB ever saw any of a whopping $30m they’d speculated the token sale might raise.

TickerNamePrice% ChgMarket CapVolume
CMCChina Magnesium Corp Ltd0.02-43%$9,200,00047.8k
VARVariscan Mines Ltd0.001-33%$1,300,000470.6k
RXHRewardle Holdings Ltd0.002-33%$1,100,000200.0k
AYRAlloy Resources Ltd0.002-33%$3,200,000500.0k
YPBYPB Group Ltd0.006-33%$5,500,00012.0M
ENTEnterprise Metals Ltd0.007-30%$2,800,000958.7k
RCPRedbank Copper Ltd0.02-29%$2,000,000619.5k
TSCTwenty Seven Co Ltd0.003-25%$2,700,000247.3k
SYTSyntonic Ltd0.003-25%$9,700,00020.1M
SROShareroot Ltd0.0015-25%$2,400,0005.5M
PWNParkway Minerals NL0.003-25%$1,800,0001.0M
OEXOilex Ltd0.003-25%$7,700,00056.6k
XPLXplore Wealth Ltd0.1-23%$29,700,000404.6k
FPLFremont Petroleum Corp Ltd0.007-22%$11,100,00025.2M
ADOAnteo Diagnostics Ltd0.014-22%$16,200,00016.4M
PURPursuit Minerals Ltd0.02-22%$3,200,00013.3M

That’s all you need to know. Have a beautiful day, don’t let it get away.