On Stockhead today, a chat with bonkers IPO stock Kuniko’s chairman, the latest growth forecast for silver and can Nuix come back from the dead?

But first … the day ahead.

 

TRADING HALTS

The following companies are in trading halts and are expected out in the next two trading days:

Friday:

Viva Leisure (ASX:VVA) – capital raising

Monday

Environmental Clean Technologies (ASX:ECT) – cleansing notice lodging

Barra Resources (ASX:BAR) – capital raising

Nutritional Growth Solutions (ASX:NGS) – capital raising

Ragusa Minerals (ASX:RAS) – lodging prospectus

 

MARKETS

Gold: $US1,791.90 ($2,475.69) (+0.07%)

Silver: $US23.54 ($32.52) (-1.33%)

Oil (WTI): $US67.78 (-0.85%)

Oil (Brent): $US71.44 (-1.12%)

Coal: $US170.75 (+0.44%)

Iron 62pc Fe: $US159.63 (-0.18%)

AUD/USD: $US0.7236 (-0.50%)

Bitcoin: $US47,193.03 (-3.31%)

 

WHAT GOT YOU TALKING YESTERDAY?

The pump, and then dump, of newly listed base metals explorer Kuniko. Who was left holding the bag?

Oh hey, there you are. ‘How to Perfectly Time the Peak’ by u/jhaago.

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
KNI Kuniko Ltd 1.895 147.7% 18,672,500
OEX Oilex Ltd 0.004 33.3% 5,950,000
XTC Xantippe Res Ltd 0.002 33.3% 101,850
LNY Laneway Res Ltd 0.005 25.0% 4,168,626
VIC Victory Mines Ltd 0.0025 25.0% 15,210,356
BMM Balkan Mining 0.65 23.8% 775,085
BMO Bastion Minerals 0.21 23.5% 4,304,543
ACP Audalia Res Ltd 0.016 23.1% 179,900
PAB Patrys Limited 0.044 22.2% 27,575,736
ALG Ardentleisuregrpltd 1.255 20.7% 12,949,660
TKM Trek Metals Ltd 0.082 20.6% 9,123,395
DDT DataDot Technology 0.009 20.0% 11,752,580
EPM Eclipse Metals 0.036 20.0% 34,873,808
DLC Delecta Limited 0.006 20.0% 2,777,656
OVT Ovato Limited 0.003 20.0% 4,984,687
SWP Swoop Holdings Ltd 1.53 19.1% 556,136
FEL Fe Limited 0.073 17.7% 9,002,786
PO3 Purifloh Ltd 1.295 17.7% 2,792
ATR Astron Corp Ltd 0.45 16.9% 1,912
AMO Ambertech Limited 0.32 16.4% 2,407,866
BID Bill Identity Ltd 0.51 15.9% 746,725
LSA Lachlan Star Ltd 0.03 15.4% 8,823,531
FCL Fineos Corp Hold PLC 4.24 15.2% 1,316,861
BKL Blackmores Limited 91.69 14.9% 221,628
PAK Pacific American Hld 0.016 14.3% 577,973

Like Vulcan, spin-off Kuniko has zero-carbon ambitions to develop its resources projects, which are based in Norway.

After raising pre-IPO funds at 20c, KNI shares closed on Tuesday at 85c for a day-one gain of more than 300%.

Following a lull Wednesday, the stock mooned again Thursday on a surge in volume, which saw it briefly climb to more than $3 before going into a trading halt at $1.90 just before 3:30pm AEST.

Early-stage soil sampling — which is what Kuniko is now doing at its Skuterud cobalt project and the Vangrøfta copper project — historically hasn’t been a catalyst for 10-bagger returns within two days of listing.

The surging volumes for KNI shares gave rise to some outsized gains before the ASX put a stop to things just prior to the closing bell.

 

YESTERDAY’S LOSERS

Scroll or swipe to reveal table. Click headings to sort.

Code Company Price % Volume
VIA Viagold Rare Earth 0.049 -27.9% 200
CLZ Classic Min Ltd 0.0015 -25.0% 138,568,622
MLS Metals Australia 0.0015 -25.0% 7,853,588
YPB YPB Group Ltd 0.0015 -25.0% 2,200,000
APX Appen Limited 10.92 -21.0% 9,534,965
ARO Astro Resources NL 0.004 -20.0% 594,328
T3D 333D Limited 0.002 -20.0% 2,488
VPR Volt Power Group 0.002 -20.0% 10
CCG Comms Group Ltd 0.083 -16.2% 2,702,729
SEG Sports Ent Grp Ltd 0.21 -16.0% 2,375
WFL Wellfully Limited 0.105 -16.0% 6,834,146
CAV Carnavale Resources 0.006 -14.3% 2,730,000
CVS Cervantes Corp Ltd 0.006 -14.3% 1,117,350
SIX Sprintex Ltd 0.06 -14.3% 42,243
FTC Fintech Chain Ltd 0.064 -13.5% 98,973
DDD 3D Resources Limited 0.0035 -12.5% 2,970,626
BIR BIR Financial Ltd 0.021 -12.5% 47,619
LNK Link Admin Hldg 4.52 -12.2% 8,284,909
A2M The A2 Milk Company 6.05 -11.8% 25,999,514
AZS Azure Minerals 0.315 -11.3% 4,044,787
SBW Shekel Brainweigh 0.12 -11.1% 103,453
IEC Intra Energy Corp 0.008 -11.1% 70,056
CYQ Cycliq Group Ltd 0.025 -10.7% 2,680,132
IFL IOOF Holdings Ltd 4.545 -10.5% 9,652,972
GAS State GAS Limited 0.39 -10.3% 963,605