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.

Ticker Name Price % Chg Volume Market cap
GLV GLOBAL VANADIUM 0.0025 67% 51.2M $7,100,000
ABV ADVANCED BRAKING TECHNOLOGY 0.011 57% 185.9K $3,300,000
GPP GREENPOWER ENERGY 0.003 50% 4.0M $4,700,000
RAC RACE ONCOLOGY 0.083 46% 2.3M $6,800,000
PBX PACIFIC BAUXITE 0.013 44% 105.8K $5,200,000
LRS LATIN RESOURCES 0.002 33% 200.0K $7,000,000
FEL FE 0.017 31% 1.8M $6,700,000
CT1 CCP TECHNOLOGY 0.009 29% 1.8M $4,000,000
GTE GREAT WESTERN EXPLORATION 0.005 25% 4.9M $4,800,000
TYX TYRANNA RESOURCES 0.005 25% 5.2M $4,700,000
FFG FATFISH BLOCKCHAIN 0.015 25% 23.5M $9,300,000
ENA ENSURANCE 0.026 24% 735.7K $8,200,000
IHR INTELLIHR 0.105 22% 765.9K $14,400,000
CRS CAPRICE RESOURCES 0.18 20% 79 $5,900,000
CGS COGSTATE 0.24 20% 95.6K $28,600,000
TPD TALON PETROLEUM 0.003 20% 15.1M $5,000,000
DCC DIGITALX 0.089 19% 87.6M $45,600,000
CTE CRYOSITE 0.045 18% 343 $2,100,000
TGO TRIMATIUM GROWTHOPS 0.65 18% 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.

Ticker Name Price % Chg Volume Market cap
GLA GLADIATOR RESOURCES 0.001 -33% 1.0m $1,500,000
QTG Q TECHNOLOGIES 0.006 -33% 77.7k $901,000
NGY NUENERGY GAS 0.014 -26% 127.5k $20,700,000
EFE EASTERN IRON 0.003 -25% 50.0k $1,200,000
KLH KALIA 0.0015 -25% 11.5m $3,800,000
ROG RED SKY ENERGY 0.002 -20% 2.3m $2,200,000
QFY QUANTIFY TECHNOLOGY HOLDINGS 0.008 -20% 29.6m $7,800,000
VAL VALOR RESOURCES 0.004 -20% 16.3m $7,600,000
WBE WHITEBARK ENERGY 0.004 -20% 150.0k $6,300,000
WWG WISEWAY GROUP 0.245 -18% 53.7k $29,700,000
NVX NOVONIX 0.425 -18% 99.2k $52,300,000
4CE FORCE COMMODITIES 0.009 -18% 934.9k $3,800,000
KGD KULA GOLD 0.024 -17% 723.4k $9,000,000
ARN ALDORO RESOURCES 0.12 -17% 100.0k $4,300,000
CUX CROSSLAND STRATEGIC MINERALS 0.005 -17% 30.0k $5,100,000
KTE K2 ENERGY 0.005 -17% 39.2k $1,500,000
MGT MAGNETITE MINES 0.005 -17% 964.3k $3,700,000
SPQ SUPERIOR RESOURCES 0.005 -17% 708.9k $3,400,000
DTR DATELINE RESOURCES 0.0025 -17% 13.6m $19,900,000

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