Alexander Porter of Team Australia falls during the Men´s team pursuit qualifying at the Tokyo Olympics. (Photo by Tim de Waele/Getty Images)
Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, what the biggest M&A deal in ASX history means for BNPLs, five questions for Venturex Resources MD Bill Beament, and who won the battery metals battle in July?
But first … the day ahead…
TRADING HALTS
The following companies are in trading halts and are expected to exit over the next two trading days:
Today
Fiji Kava (ASX:FIJ) – capital raising
IODM (ASX:IOD) – revenue signing
Cradle Resources (ASX:CXX) – shareholder meeting outcome
Vulcan (ASX:VUL) – off take term sheet
Frontier Resources (ASX:FNT) – capital raising
IPB Petroleum (ASX:IPB) – capital raising
Strike Resources (ASX:SRK) – regulatory approval
Paradigm Biopharmaceuticals (ASX:PAR) – response from FDA
West Wits Mining (ASX:WWI) – capital raising
Wednesday
AustChina Holdings (ASX:AUH) – capital raising
Comet Ridge (ASX:COI)– acquisition
Bowen Coking Coal (ASX:BCB) – capital raising & acquisition
eMetals (ASX:EMT) – drill results
8common (ASX:8CO) – capital raising
Atrum Coal (ASX:ATU) – capital raising
ResApp (ASX:RAP) – licensing agreement
Eastern Iron (ASX:EFE) – project acquisition option
QEM (ASX:QEM) – capital raising
MARKETS
Gold: $US1,813.25 ($2,460.98) (-0.02%)
Silver: $US25.40 ($34.47) (-0.24%)
Oil (WTI): $US71.46 (-3.35%)
Oil (Brent): $US73.11 (-3.05%)
Coal: $US150.15 (+0.15%)
Iron 62pc Fe: $US181.21 (-14.52%)
AUD/USD: $US0.7365 (+0.29%)
Bitcoin: $US39,010.47 (-5.26%)
WHAT GOT YOU TALKING YESTERDAY?
Our lead pic: That’s Alexander Porter of Team Australia face-planting into the wood at +60kmph when his handlebars snapped during the team pursuit qualifying.
He got up and did it all again just 10 minutes later.
“I’ve never seen that before.”
Alex Porter has a nasty fall after his handlebars detach in the middle of the men’s team pursuit. Thankfully he was able to walk away from the accident 🙏🇦🇺#Tokyo2020 | #7Olympics pic.twitter.com/1iqGXcpiax
— 7Olympics (@7olympics) August 2, 2021
…and Tuesday is looking good for the local bourse.
⚠️BREAKING:
*U.S. STOCK FUTURES RALLY TO START NEW WEEK, MONTH 🚀🚀 pic.twitter.com/RG8vRoTBQa
— Investing.com (@Investingcom) August 2, 2021
YESTERDAY’S BIGGEST 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 |
|---|---|---|---|---|
| RHI | Red Hill Iron | 4.14 | 276.4% | 732,904 |
| TOU | Tlou Energy Ltd | 0.077 | 71.1% | 10,159,649 |
| ANL | Amani Gold Ltd | 0.0015 | 50.0% | 6,295,132 |
| OAK | Oakridge | 0.0015 | 50.0% | 10 |
| XTC | Xantippe Res Ltd | 0.002 | 33.3% | 750,000 |
| AOA | Ausmon Resorces | 0.006 | 33.3% | 7,852,009 |
| TZN | Terramin Australia | 0.046 | 31.4% | 1,036,881 |
| NMR | Native Mineral Res | 0.265 | 26.2% | 101,077 |
| VIC | Victory Mines Ltd | 0.0025 | 25.0% | 5,138,640 |
| WOO | Wooboard Tech Ltd | 0.0025 | 25.0% | 854,044 |
| DLT | Delta Drone Intl Ltd | 0.027 | 22.7% | 523,216 |
| TMR | Tempus Resources Ltd | 0.225 | 21.6% | 4,273,651 |
| COD | Coda Minerals Ltd | 1.345 | 20.1% | 464,784 |
| 4DS | 4Ds Memory Limited | 0.21 | 20.0% | 7,796,118 |
| OKJ | Oakajee Corp Ltd | 0.06 | 20.0% | 20,000 |
| APT | Afterpay Limited | 115.48 | 19.5% | 5,530,383 |
| CAD | Caeneus Minerals | 0.013 | 18.2% | 13,681,363 |
| CNW | Cirrus Net Hold Ltd | 0.035 | 16.7% | 36,426,933 |
| DDR | Dicker Data Limited | 13.47 | 16.1% | 879,783 |
| SMN | Structural Monitor. | 0.65 | 16.1% | 438,303 |
| URF | Us Masters Res Fund | 0.385 | 14.9% | 942,543 |
| AJL | AJ Lucas Group | 0.032 | 14.3% | 657,679 |
| TSC | Twenty Seven Co. Ltd | 0.004 | 14.3% | 1,221,390 |
| ZGL | Zicom Group Limited | 0.088 | 14.3% | 523,616 |
| LNU | Linius Tech Limited | 0.024 | 14.3% | 10,211,568 |
Red Hill Iron (ASX:RHI) held its gains after cashing out its interest in its joint venture iron ore project of the same name for $400m cash.
Welltech platform Wooboard (ASX:WOO) closed higher up the winner’s list with a gain of 25% after releasing its investor presentation summarising its activity in the June quarter.
And BPNL leader Afterpay (ASX:APT) closed at $115, following the marquee acquisition announcement by US payments firm Square Inc.
The closing price marked a slight retreat from APT’s rally above $120 in morning trade, following the Square deal which valued the company at $126.21 per share.
YESTERDAY’S BIGGEST LOSERS
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 |
|---|---|---|---|---|
| NESR | Nelson Resources | 0.001 | -50.0% | 1,359,153 |
| LEX | Lefroy Exploration | 0.62 | -31.5% | 3,340,921 |
| CLZ | Classic Min Ltd | 0.0015 | -25.0% | 48,631,671 |
| NPM | Newpeak Metals | 0.0015 | -25.0% | 2,717,507 |
| PCL | Pancontinental Oil | 0.0015 | -25.0% | 3,883,831 |
| T3D | 333D Limited | 0.0015 | -25.0% | 647,010 |
| ARO | Astro Resources NL | 0.004 | -20.0% | 57,007,819 |
| BAS | Bass Oil Ltd | 0.002 | -20.0% | 1,250,000 |
| EN1 | Engage:Bdr Limited | 0.004 | -20.0% | 1,484,232 |
| MBK | Metal Bank Ltd | 0.008 | -20.0% | 2,168,985 |
| LNY | Laneway Res Ltd | 0.0045 | -18.2% | 5,702,609 |
| SE1 | Sensera Ltd | 0.037 | -17.8% | 12,037,465 |
| MSG | Mcs Services Limited | 0.061 | -17.6% | 1,093,361 |
| CCE | Carnegie Cln Energy | 0.0025 | -16.7% | 12,213,753 |
| KEY | KEY Petroleum | 0.0025 | -16.7% | 300,000 |
| BUX | Buxton Resources Ltd | 0.11 | -15.4% | 267,954 |
| PG1 | Pearl Global Ltd | 0.04 | -14.9% | 1,089,851 |
| AUR | Auris Minerals Ltd | 0.063 | -14.9% | 219,738 |
| DAF | Discovery Africa Ltd | 0.036 | -14.3% | 602,234 |
| PAK | Pacific American Hld | 0.018 | -14.3% | 666,959 |
| AO1 | Assetowl Limited | 0.006 | -14.3% | 1,700,000 |
| HNR | Hannans Ltd | 0.006 | -14.3% | 2,590,150 |
| KNM | Kneomedia Limited | 0.006 | -14.3% | 750,000 |
| APV | Appsvill | 0.044 | -13.7% | 824,246 |
| RNT | Rent.Com.Au Limited | 0.1 | -13.0% | 7,847,737 |
