On Stockhead today, how do you spot the next Kidman, our expert’s top pick for a coal stock, and what Orthocell chief Paul Anderson had to say after that meteoric rise.

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

 

The day ahead in data

The Reserve Bank of Australia today releases its quarterly monetary policy statement and the Australian Bureau of Statistics releases home loan data.

Globally, Chinese delegates are meeting with Trump in Washington, so watch out for continued volatility as a result of that.

At home, both the ASX200 and the ASX small ordinaries had modest gains on Thursday, after telco stocks experienced sharp falls on the back of the ACCC’s decision to block the proposed merger between Vodafone and TPG.

And with the federal election just nine days away, plenty hinges on whether Scott Morrison will manage to get through to another term by the skin of his teeth or Bill Shorten takes power.

 

Company news

G Medical (ASX:GMV) releases 233 million shares from escrow today.

The following seven companies have shares due out of a trading halt in the next 24 hours:

Friday:

  • 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
  • Impression Healthcare (ASX:IHL) – clarifying securities issue

 

Commodities

Gold: $US1286.24 ($1,840.52) +0.26%

Silver: $US14.74 -0.51%

Oil (Brent): $US70.10 -0.23%

Oil (WTI): $US61.70 -0.85%

Coal: $US87.90 -1.18%

Iron ore 62pc fe: $US94.19 -0.59%

AUD/USD: $US0.6989

 

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What got you talking yesterday

Fears of an oil armageddon had people talking on the Stockhead Facebook chat forum.

Member Mel Culley said: “Look out for a company(s) who design sulphur removal plants, Saudi Aramco will be screaming for help.”

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

 

 

Yesterday’s winners

Nex Metals Exploration (ASX:NME) was the day’s biggest winner, up 85 per cent to 2.4c, though it had no news out.

They were followed by Pure Alumina (ASX:PUA), also up 85 per cent, to 4.8c, after announcing sales growth of a company called Polar Sapphire, which it is acquiring.

The miner named after a song, Liontown Resources (ASX:LTR), keeps finding thick zones of high grade lithium outside the current resource at its Kathleen Valley lithium-tantalum project in WA, and that sent shares up 63 per cent to 8c at close.

Ticker Name Price % Chg Volume Market cap
NME NEX METALS EXPLORATION LTD 0.024 0.85 116k $4,600,000
PUA PURE ALUMINA LTD 0.048 0.85 7.5M $8,200,000
SYT SYNTONIC LTD 0.005 0.67 26.7M $16,200,000
LTR LIONTOWN RESOURCES LTD 0.08 0.63 179.4M $122,300,000
PCL PANCONTINENTAL OIL & GAS NL 0.003 0.5 2.0M $16,200,000
FPL FREMONT PETROLEUM CORP LTD 0.01 0.43 16.9M $15,900,000
DDT DATADOT TECHNOLOGY LTD 0.011 0.38 3.6M $8,900,000
DN8 DREAMSCAPE NETWORKS LTD 0.135 0.35 4.4M $52,500,000
OEX OILEX LTD 0.004 0.33 2.7M $10,300,000
BUY BOUNTY OIL & GAS NL 0.004 0.33 347k $3,800,000
YPB YPB GROUP LTD 0.008 0.33 6.3M $7,300,000
GMC GULF MANGANESE CORP LTD 0.008 0.33 97.4M $33,700,000
PWN PARKWAY MINERALS NL 0.004 0.33 2.0M $2,400,000
BMG BMG RESOURCES LTD 0.012 0.33 38.3M $6,700,000
AJJ ASIAN AMERICAN MEDICAL GROUP 0.12 0.33 2k $40,500,000
LRS LATIN RESOURCES LTD 0.002 0.33 500k $6,800,000
TSL TITANIUM SANDS LTD 0.019 0.27 597.3k $12,100,000
HCO HYLEA METALS LTD 0.019 0.27 50k $1,900,000
ALT ANALYTICA LTD 0.005 0.25 1.0M $16,700,000

 

Yesterday’s losers

Strangely enough, yesterday’s biggest winner Orthocell (ASX:OCC) was among the falls, closing down 21 per cent to 42c.

That was despite hitting as high as 78c earlier in the day, which represented a gain of more than 500 per cent on the company’s Tuesday closing price of 11.5c.

Ticker Name Price % Chg Market Cap Volume
SRO Shareroot 0.001 -33% $1,570,000 299.9k
ARO Astro Resources 0.002 -33% $3,820,000 2.9k
GOO Gooroo Ventures 0.04 -22% $5,400,000 129.0k
DW8 Dawine 0.007 -22% $5,500,000 6.8M
OCC Orthocell 0.40 -21% $38,500,000 73.4M
AEE Aura Energy 0.008 -20% $9,700,000 12.8M
PSM Peninsula Mines 0.004 -20% $3,500,000 262.0k
VP7 Velocity Property 0.028 -20% $10,100,000 162.9k
VKA Viking Mines 0.012 -20% $3,800,000 1.1M
CTO Citigold Corporation 0.004 -20% $8,600,000 995.0k
UTR Ultracharge 0.004 -20% $3,800,000 204.1k
TPC Tel Pacific 0.65 -19% $7,300,000 1.6k
BAU Bauxite Resources 0.048 -17% $10,300,000 22.0k
IBX Imagion Biosystems 0.03 -17% $9,700,000 244.8k
DVN Devine 0.15 -16% $23,800,000 5.1k
KTD Keytone Dairy 0.49 -16% $72,800,000 1.6M

 
That’s all you need to know. Here comes the weekend.