On Stockhead today, Westferry’s three largest ASX small cap holdings, a 9,200pc property flip, and can Lumos light up with FDA approval?

But first…

 

THE WEEK AHEAD

It’s set to be another busy week of IPOs. The biggest of these will be life insurer Noble Oak Life (ASX:NOL) which completed a $63 million capital raising and is pencilled in for Wednesday.

Here’s a full list of upcoming listings…

Code Company Date Price per share Capital raised Sector
ALL Almonty Indust 20-Jul 1 $13.5M Resources
AWN Aquirian 27-Jul 0.2 $8m Resources
BMR Ballymore Resources 6-Aug 0.2 $11m Resources
BDX BCAL Diagnostics 19-Jul 0.25 $8m Health
BEZ Besera Gold 7-Sep 0.2 $12.5M Resources
BST Best & Less 26-Jul 2.16 $60m Consumer
CNR Cannon Resources 12-Aug 0.2 $6m Resources
CPO Culpeo 17-Aug 0.2 $6m Resources
ETT East33 29-Jul 0.2 $32m Consumer
GFN Gefen 21-Jul 1 $25m Tech
KNI Kuniko 23-Aug 0.2 $7.9M Resources
NOL Noble Oak Life 21-Jul 1.95 $62.2M Financial
OPN Openn Negotiation 21-Jul 0.2 $9m Tech
TMB Tambourah Metals 20-Aug 0.2 $8m Resources
1VG Victory Goldfields 22-Jul 0.2 $5m Resources
WGR Western Gold 19-Jul 0.2 $7m Resources
WMG Western Mines 20-Jul 0.2 $5.5M Resources

 

It’s a quiet week in local economic data except for the Melbourne Institute’s Leading Index due on Wednesday at 10.30am.

However economists will be watching the RBA release the formal minutes of its monthly board meeting, which go into greater detail than the 2.30pm announcements on the day of the bank’s meeting.

Potentially market moving economic data in the USA includes mortgage market data on Wednesday evening and crude oil data on Thursday evening.

 

TRADING HALTS

Today 

GBM Resources (ASX:GBZ) – project acquisition
Digital Wine Ventures (ASX:DW8) – capital raising
RareX (ASX:REE) – resource upgrade
Predictive Discovery (ASX:PDI) – exploration results
Aeon Metals (ASX:AML) – capital raising
Selfwealth (ASX:SWF) – capital raising
Heron Resources (ASX:HRR) – strategic process update

 

MARKETS

Gold: $US1,829.22 ($2,462.31) (+0.12%)

Silver: $US26.33 ($35.44) (+0.37%)

Oil (WTI): $US71.45 (-2.30%)

Oil (Brent): $US73.19 (-2.10%)

Coal: $US142.70 (+1.05%)

Iron 62pc Fe: $US218.68 (+0.34%)

AUD/USD: $US0.7420 (-0.81%)

Bitcoin: $US31,737.50 (-3.31%)

 

WHAT GOT YOU TALKING LAST WEEK

…Other than lockdowns? A few weeks ago one of our MoneyTalks interviewees observed the price of second hand cars had gone up during COVID-19, something that had never happened before.

He’s right, and it seems the idea is catching on.

Back Down Under, ICYMI last week, our uranium V-Con was popular…

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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.

 

LAST WEEK’S LOSERS