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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, Coinjar’s Asher Tan on crypto eating the world, how to read lithium results, and can anyone match Kuniko’s ASX debut?
But first … the day ahead.
TRADING HALTS
The following companies are in trading halts and are expected out in the next two trading days:
Thursday
Bass Oil (ASX:BAS) – capital raising
Tempest Minerals (ASX:TEM) – capital raising
Alice Queen (ASX:AQX) – capital raising
Friday:
Viva Leisure (ASX:VVA) – capital raising
MARKETS
Gold: $US1,790.34 ($2,460.78) (-0.68%)
Silver: $US23.83 ($32.75) (-0.01%)
Oil (WTI): $US67.96 (+0.62%)
Oil (Brent): $US71.88 (+1.17%)
Coal: $US170.00 (+1.34%)
Iron 62pc Fe: $US159.92 (-0.09%)
AUD/USD: $US0.7272 (+0.23%)
Bitcoin: $US48,825.57 (+1.12%)
WHAT GOT YOU TALKING YESTERDAY?
More uranium. Is there a breakout on the horizon?
Sprott’s buying spree is sparking renewed investor focus on #ASX #uranium stocks.$AGE $BMN $EL8 $VMY $DYL $PDN $GLA $LAM $BOE $PEN $LOT $CXU $TIN $TOE $VAL $GTR $BKY $92Ehttps://t.co/QSZXboeRkW
— Stockhead (@StockheadAU) August 24, 2021
…and it’s about time. Excellent news for the Best Coast of Australia.
The AFL has just confirmed that Perth will host the 2021 AFL Grand Final if Melbourne is unable to due to its COVID situation.
While this is exciting for WA footy fans, it is very sad for our friends in Victoria who could miss out on hosting the Grand Final at the MCG yet again.
— Mark McGowan (@MarkMcGowanMP) August 25, 2021
To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| ORM | Orion Metals Ltd | 0.034 | 70.0% | 20,800 |
| CLZ | Classic Min Ltd | 0.0015 | 50.0% | 227,766,105 |
| AYM | Australia United Min | 0.009 | 28.6% | 509,000 |
| WTC | Wisetech Global Ltd | 45.6 | 26.0% | 3,379,356 |
| BTH | Bigtincan Hldgs Ltd | 1.465 | 25.6% | 10,288,398 |
| CZR | CZR Resources Ltd | 0.01 | 25.0% | 3,250,553 |
| SIH | Sihayo Gold Limited | 0.01 | 25.0% | 44,632 |
| A8G | Australasian Gold | 0.165 | 22.2% | 2,694,805 |
| ARR | American Rare Earths | 0.165 | 22.2% | 5,385,635 |
| ID8 | Identitii Limited | 0.105 | 20.7% | 2,381,652 |
| RNU | Renascor Res Ltd | 0.12 | 20.0% | 55,316,569 |
| CLE | Cyclone Metals | 0.006 | 20.0% | 113,314,742 |
| NTL | New Talisman Gold | 0.003 | 20.0% | 2,942,766 |
| ACW | Actinogen Medical | 0.11 | 19.6% | 8,731,906 |
| LOV | Lovisa Holdings Ltd | 19.5 | 18.8% | 753,187 |
| 1VG | Victory Goldfields | 0.26 | 18.2% | 814,373 |
| ICN | Icon Energy Limited | 0.013 | 18.2% | 438,696 |
| CKA | Cokal Ltd | 0.14 | 16.7% | 3,360,476 |
| LPD | Lepidico Ltd | 0.021 | 16.7% | 25,895,018 |
| AOA | Ausmon Resorces | 0.007 | 16.7% | 117,510 |
| EFE | Eastern Iron | 0.014 | 16.7% | 16,344,341 |
| TSC | Twenty Seven Co. Ltd | 0.0035 | 16.7% | 3,449,999 |
| ASN | Anson Resources Ltd | 0.1025 | 16.5% | 10,643,150 |
| BPH | BPH Energy Ltd | 0.071 | 16.4% | 6,885,347 |
| FLX | Felix Group | 0.25 | 16.3% | 478,029 |
Software company Bigtincan Holdings (ASX:BTH) rose by more than 20% after completing a $79.4m placement and institutional entitlement offer, first announced at the start of this week.
The fund raising is in connection with BTH’s strategic US$86m acquisition of Brainshark Inc, a US sales coaching platform.
Tech large cap Wisetech Global (ASX:WTC) which, prior to the COVID-19 pandemic came under repeated pressure from short sellers, also rose strongly following strong full-year results.
In resources, battery metals play Renascor Resources (ASX:RNU) was the day’s best performer, after signing a non-binding Memorandum of Understanding with South Korean giant POSCO, which will facilitate the purchase by POSCO of 20,000 to 30,000tpa of Purified Spherical Graphite (PSG), from Renascor’s planned battery anode material operation in South Australia.
Regtech platform Identitii Ltd (ASX:ID8) announced that it recently filed additional claims in connection with a US patent application that it was granted earlier this year.
YESTERDAY’S LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| NPM | Newpeak Metals | 0.0015 | -25% | 100,000 |
| WOO | Wooboard Tech Ltd | 0.0015 | -25% | 3,070,698 |
| CCE | Carnegie Cln Energy | 0.002 | -20% | 11,684,367 |
| LNY | Laneway Res Ltd | 0.004 | -20% | 1,100,000 |
| DLC | Delecta Limited | 0.005 | -17% | 79,000 |
| BVS | Bravura Solution Ltd | 3.15 | -16% | 6,538,322 |
| MAUCA | Magnetic Resources | 1.2 | -15% | 1,000 |
| RAN | Range International | 0.011 | -15% | 13,850,196 |
| CY5 | Cygnus Gold Limited | 0.125 | -14% | 2,820 |
| ACP | Audalia Res Ltd | 0.013 | -13% | 50,000 |
| CRS | Caprice Resources | 0.17 | -13% | 69,237 |
| IKW | Ikwezi Mining Ltd | 0.48 | -13% | 17,809 |
| AZS | Azure Minerals | 0.355 | -12% | 6,300,406 |
| HMX | Hammer Metals Ltd | 0.08 | -11% | 2,665,340 |
| AFW | Applyflow Limited | 0.008 | -11% | 3,691,144 |
| POW | Protean Energy Ltd | 0.008 | -11% | 17,943 |
| DRE | Drednought Resources | 0.041 | -11% | 33,829,101 |
| NGY | Nuenergy Gas Ltd | 0.033 | -11% | 84,737 |
| MYD | Mydeal.Com.Au | 0.75 | -11% | 1,401,805 |
| AGH | Althea Group | 0.255 | -11% | 3,422,315 |
| NMR | Native Mineral Res | 0.215 | -10% | 3,256 |
| REH | Reece Limited | 22.425 | -10% | 1,771,075 |
| HMD | Heramed Limited | 0.175 | -10% | 1,258,449 |
| NCL | Netccentric Ltd | 0.135 | -10% | 889,456 |
| EVE | EVE Investments Ltd | 0.0045 | -10% | 200,102 |
Wealth management software platform Bravura (ASX:BVS) led the reporting season laggards after reporting annual declines in revenue, EBITDA and net profits.
