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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, is fintech on the verge of a ‘step-change’, the ASX goldies partying with 6-month highs, and racing digital horses… for real money.
But first … the day ahead.
Scheduled to list at 11am AEST is NobleOak Life (ASX:NOL), a 144-year-old life insurance firm that has its roots in the ancient Celtic tradition of the druids. A first time for everything when you invest on the ASX.
Following that at 1pm AEST is Victory Goldfields (ASX:1VG), which has built a tasty looking portfolio of ground in the Cue gold district hosting no less than 52 historic mines of various shapes and sizes.
Also this morning a new copper-gold miner in Queensland will emerge through the shell of former marketing and IR firm R3D Global when R3D Resources (ASX:R3D) relists after a $4.25 million recapitalisation.
TRADING HALTS
The following companies are in trading halts and are expected out in the next two trading days:
Thursday
Service Stream Limited (ASX:SSM) – Equity raising to fund acquisition
Acrow Formwork and Construction Services (ASX:ACF) – capital raise
Pivotal Systems (ASX:PVS) – capital raising
Icannex Healthcare (ASX:IHL) – patent update and ethics approval
Friday
Piedmont Lithium (ASX:PLL) – price query
WestStar Industrial (ASX:WSI) – contract award
Peak Resources (ASX:PEK) – mining licence
Dateline Resources (ASX:DTR) – capital raising
Vonex Limited (ASX:VN8) – funding for proposed acquisition
Bard1 Life Sciences (ASX:BD1) – capital raising
MARKETS
Gold: $US1,803.42 ($2,450.41) (-0.37%)
Silver: $US25.258 (+1.41%)
Oil (WTI): $US70.2300 (+4.54%)
Oil (Brent): $US72.1500 (+4.04%)
Coal: $US148.93 (-1.26%)
Iron 62pc Fe: $US218.37 (-0.45%)
AUD/USD: $US0.7358 (-0.01%)
Bitcoin: $US31,735 (+6.83%)
WHAT GOT YOU TALKING YESTERDAY?
The launch of the Sprott Physical Uranium Trust has yellowcake enthusiasts buzzing.
Finally! #uranium pic.twitter.com/tuI7Oc57DE
— Uranium Investor (@UraniumInvestr) July 20, 2021
Giannis Antetokounmpo drained 50 points as the Milwaukee Bucks won the franchise’s first NBA championship since 1971.
FIRST NBA CHAMPIONSHIP IN 50 YEARS!! pic.twitter.com/U1nYNYMrbv
— Milwaukee Bucks (@Bucks) July 21, 2021
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For all you crypto lovers Stockhead’s Cryptohead Facebook group is the place to share your 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.
YESTERDAY’S WINNERS
Scroll or swipe to reveal table. Click headings to sort.
(Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.)
| Code | Company | Price | % | Volume | Market cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.003 | 50.0% | 3,837,218 | $29,405,147 |
| CLZ | Classic Min Ltd | 0.0015 | 50.0% | 18,951,735 | $21,770,381 |
| OPN | Oppenneg | 0.295 | 47.5% | 8,607,358 | $22,945,004 |
| AON | Apollo Minerals Ltd | 0.1 | 38.9% | 27,886,347 | $27,811,609 |
| POD | Podium Minerals | 0.595 | 30.8% | 1,838,354 | $127,565,475 |
| SBW | Shekel Brainweigh | 0.15 | 25.0% | 1,082,511 | $18,381,000 |
| SBR | Sabre Resources | 0.005 | 25.0% | 9,812,911 | $6,732,255 |
| WOO | Wooboard Tech Ltd | 0.0025 | 25.0% | 2,394,175 | $7,644,325 |
| COY | Coppermoly Limited | 0.016 | 23.1% | 6,395,994 | $27,653,782 |
| LPD | Lepidico Ltd | 0.0135 | 22.7% | 53,904,761 | $67,672,907 |
| AQS | Aquis Ent Ltd | 0.225 | 21.6% | 224,045 | $6,608,048 |
| CXX | Cradle Resources Ltd | 0.083 | 18.6% | 148,000 | $13,277,725 |
| 8VI | 8Vi Holdings Limited | 5.4 | 17.4% | 6,933 | $194,922,341 |
| MEG | Megado | 0.14 | 16.7% | 46,625 | $5,165,856 |
| AO1 | Assetowl Limited | 0.007 | 16.7% | 3,719,756 | $4,897,231 |
| KEY | KEY Petroleum | 0.0035 | 16.7% | 125,000 | $5,903,784 |
| AL8 | Alderan Resource Ltd | 0.058 | 16.0% | 3,127,174 | $14,897,055 |
| KOR | Korab Resources | 0.022 | 15.8% | 3,903,074 | $6,317,367 |
| SPA | Spacetalk Ltd | 0.22 | 15.8% | 867,023 | $31,422,475 |
| OAR | OAR Resources Ltd | 0.015 | 15.4% | 21,581,069 | $23,706,156 |
| PTX | Prescient Ltd | 0.235 | 14.6% | 4,665,980 | $131,497,056 |
| WEL | Winchester Energy | 0.016 | 14.3% | 1,476,622 | $12,093,286 |
| HXL | Hexima | 0.205 | 13.9% | 186,632 | $21,667,034 |
| WHK | Whitehawk Limited | 0.205 | 13.9% | 3,071,234 | $40,873,418 |
Openn Negotiation (ASX:OPN) climbed 47.5% on its debut to close the day at 29.5 cents.
Funds from the IPO will accelerate the ongoing development and expansion of the company’s platform and technology which allows real-time negotiation, digital contracting and file management for property sales.
It will also fund a pilot plant expansion into the USA.
“It’s an exciting time for the company as the need for transparency within the real estate process has never been more important than right now, given the strength of the current property market,” Openn managing director Peter Gibbons said.
Apollo Minerals (ASX:AON) touted a major discovery at its Dikaki prospect at the Kroussou zinc-lead project in Gabon. It is the first drilling Apollo has completed at the prospect, with 11 of 46 diamond drill holes now assayed. Best results included 32m at 3.1% Zn and Pb from 4.0m, with an interval of 5m @ 5.3% Zn+Pb from 12.8m, and 40m @ 2.2% Zn+Pb from 3.2m including 12m @ 4.0% Zn+Pb from 17.0m and 4m @ 3.1% Zn+Pb from 38.0m.
The results point to Kroussou’s potential to host a large-scale shallow, flat-lying, broadly mineralised system with possible continuity across multiple zones which could allow for simple open cut mining.
Sabre Resources (ASX:SBR) announced the acquisition of the Ninghan gold exploration project near the 900,000oz Mt Gibson gold mine in the southern Murchison region of Western Australia.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Last | % | Volume | Market cap |
|---|---|---|---|---|---|
| ONX | Orminexltd | 0.031 | -22.5% | 14,256,519 | $21,915,781 |
| WML | Woomera Mining Ltd | 0.021 | -22.2% | 25,324,233 | $13,493,130 |
| PLL | Piedmont Lithium Inc | 0.685 | -21.3% | 15,112,953 | $500,120,022 |
| LVE | Love Group Global | 0.08 | -20.0% | 5,892 | $4,053,417 |
| GTR | Gti Resources | 0.019 | -17.4% | 54,548,211 | $14,823,914 |
| CNQ | Clean Teq Water | 0.905 | -13.4% | 346,233 | $46,676,152 |
| GSN | Great Southern | 0.053 | -13.1% | 424,094 | $27,756,246 |
| DNA | Donaco International | 0.04 | -13.0% | 621,592 | $56,827,912 |
| RMI | Resource Mining Corp | 0.015 | -11.8% | 41,712 | $5,540,199 |
| MBK | Metal Bank Ltd | 0.008 | -11.1% | 200,000 | $10,701,615 |
| BNO | Bionomics Limited | 0.17 | -10.5% | 846,147 | $191,443,381 |
| VMC | Venus Metals Cor Ltd | 0.17 | -10.5% | 784,803 | $28,704,950 |
| TGM | Theta Gold Mines Ltd | 0.215 | -10.4% | 1,113,089 | $120,778,960 |
| BSMDA | Bass Metals Ltd | 0.22 | -10.2% | 54,266 | $21,485,472 |
| OOK | Ookami Limited | 0.27 | -10.0% | 1,928,096 | $9,944,497 |
| LSR | Lodestar Minerals | 0.009 | -10.0% | 2,306,994 | $12,909,373 |
| NCR | Nucoal Resources Ltd | 0.009 | -10.0% | 5,036,850 | $7,686,124 |
| KMT | Kopore Metals Ltd | 0.027 | -10.0% | 50,000 | $19,361,667 |
| MRC | Mineral Commodities | 0.145 | -9.4% | 1,661,065 | $76,894,651 |
| LVH | Livehire Limited | 0.34 | -9.3% | 347,661 | $110,269,537 |
| BGT | Bio-Gene Technology | 0.15 | -9.1% | 674,127 | $25,015,676 |
| CVV | Caravel Minerals Ltd | 0.41 | -8.9% | 530,124 | $170,280,008 |
| CZL | Cons Zinc Ltd | 0.031 | -8.8% | 699,492 | $10,246,166 |
| AAU | Antilles Gold Ltd | 0.073 | -8.8% | 1,326,679 | $20,191,087 |
| RVS | Revasum | 0.365 | -8.8% | 21,355 | $42,250,344 |
Piedmont Lithium (ASX:PLL) shares were hammered as reports emerged county officials in the US could block or delay its proposed lithium mine.
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