On Stockhead today, an expert’s view on what’s caused the new Bitcoin boom, Australian exploration is getting its mojo back, and the $350 watch that will keep your Rolex desires at bay.

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

 

The day ahead in data

Westpac’s consumer confidence report for May is out today, while the Australian Bureau of Statistics also releases quarterly and yearly wage price index figures.

Cryptocurrencies seem to be back in vogue, with Bitcoin buying $US8,111, another new high — the biggest since July last year.

The major US markets took a tumble yesterday, as did both the ASX200 and the ASX small ords.

 

Company news

No companies have shares due out of escrow today, though the following 14 companies are due out of a trading halt in the next 48 hours:

Wednesday:

  • Breaker Resources (ASX:BRB) – capital raising
  • Elixir Petroleum (ASX:EXR) – capital raising
  • Saturn Metals (ASX:STN) – capital raising
  • Argent Minerals (ASX:ARD) – Tax incentives update
  • BTC Health (ASX:BTC) – capital raising
  • Gulf Manganese (ASX:GMC) – ore shipment update

Thursday:

  • Minotaur Exploration (ASX:MEP) – JV/capital raising
  • Symbol Mining (ASX:SL1) – operational update and debt restructuring
  • Alto Metals (ASX:AME) – takeover update
  • Alliance Mineral Assets (ASX:A40) – capital raising
  • Grand Gulf Energy (ASX:GGE) – capital raising
  • Yojee (ASX:YOJ) – material consumer contract

 

Commodities

Gold: $US1,296.98 ($1,867.78) -0.24%

Silver: $US14.76 +0.01%

Oil (Brent): $US70.98 +0.87%

Oil (WTI): $US61.25 +0.49%

Coal: $US85.75 -1.21%

Iron ore 62pc fe: $US94.38 -0.74%

AUD/USD: $US0.6943
 

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What got you talking last week

People were intrigued by Monday’s biotech data dump on the Stockhead Facebook chat forum.

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

 

Yesterday’s winners

Greenpower Energy (ASX:GPP) came out of a trading halt and closed up 50 per cent to 0.3c, thanks to an option agreement with Q-Generate to acquire the former producing gold mines of Camel Creek, Golden Cup and Big Rush in Northern Queensland, last operated in the 90s.

Race Oncology (ASX:RAC) was up 46 per cent to 8.3c after confirming it would conduct a Phase II trial of its drug Bisantrene in patients with relapsed/refractory acute myelogenous leukemia in Israel.

Bisantrene is an old chemotherapy drug that Race is repurposing.

And Fe Limited (ASX:FEL) closed up 31 per cent to 1.7c after securing an exclusive option to earn-in to 75 per cent interest in lithium and gold tenements located in the Pilbara region of Western Australia.

TickerNamePrice% ChgVolumeMarket cap
GLVGLOBAL VANADIUM0.002567%51.2M$7,100,000
ABVADVANCED BRAKING TECHNOLOGY0.01157%185.9K$3,300,000
GPPGREENPOWER ENERGY0.00350%4.0M$4,700,000
RACRACE ONCOLOGY0.08346%2.3M$6,800,000
PBXPACIFIC BAUXITE0.01344%105.8K$5,200,000
LRSLATIN RESOURCES0.00233%200.0K$7,000,000
FELFE0.01731%1.8M$6,700,000
CT1CCP TECHNOLOGY0.00929%1.8M$4,000,000
GTEGREAT WESTERN EXPLORATION0.00525%4.9M$4,800,000
TYXTYRANNA RESOURCES0.00525%5.2M$4,700,000
FFGFATFISH BLOCKCHAIN0.01525%23.5M$9,300,000
ENAENSURANCE0.02624%735.7K$8,200,000
IHRINTELLIHR0.10522%765.9K$14,400,000
CRSCAPRICE RESOURCES0.1820%79$5,900,000
CGSCOGSTATE0.2420%95.6K$28,600,000
TPDTALON PETROLEUM0.00320%15.1M$5,000,000
DCCDIGITALX0.08919%87.6M$45,600,000
CTECRYOSITE0.04518%343$2,100,000
TGOTRIMATIUM GROWTHOPS0.6518%20.6K$90,400,000

 

Yesterday’s losers

There were no major small cap losers on bad news today, though Mayne Pharma (ASX:MYX) has dropped into mid cap territory after reporting weak sales for the four months to April. Shares in the company fell 15 per cent, pushing the previously 10-figure market cap to less than $900 million.

TickerNamePrice% ChgVolumeMarket cap
GLAGLADIATOR RESOURCES0.001-33%1.0m$1,500,000
QTGQ TECHNOLOGIES0.006-33%77.7k$901,000
NGYNUENERGY GAS0.014-26%127.5k$20,700,000
EFEEASTERN IRON0.003-25%50.0k$1,200,000
KLHKALIA0.0015-25%11.5m$3,800,000
ROGRED SKY ENERGY0.002-20%2.3m$2,200,000
QFYQUANTIFY TECHNOLOGY HOLDINGS0.008-20%29.6m$7,800,000
VALVALOR RESOURCES0.004-20%16.3m$7,600,000
WBEWHITEBARK ENERGY0.004-20%150.0k$6,300,000
WWGWISEWAY GROUP0.245-18%53.7k$29,700,000
NVXNOVONIX0.425-18%99.2k$52,300,000
4CEFORCE COMMODITIES0.009-18%934.9k$3,800,000
KGDKULA GOLD0.024-17%723.4k$9,000,000
ARNALDORO RESOURCES0.12-17%100.0k$4,300,000
CUXCROSSLAND STRATEGIC MINERALS0.005-17%30.0k$5,100,000
KTEK2 ENERGY0.005-17%39.2k$1,500,000
MGTMAGNETITE MINES0.005-17%964.3k$3,700,000
SPQSUPERIOR RESOURCES0.005-17%708.9k$3,400,000
DTRDATELINE RESOURCES0.0025-17%13.6m$19,900,000

 
That’s all you need to know. Send it home, Happy.