On Stockhead today, how ASX food stocks can shake off the chill, where’s the next EV battery breakthrough coming from, and why everyone’s got their eye on Hot Chili as the next big takeover target.

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

 

The day ahead in data

Plenty happening today, including consumer inflation expectations for May from the Melbourne Institute and a heap of employment data from the ABS. The Reserve Bank of Australia’s assistant governor Michele Bullock will also deliver a speech.

Both the ASX200 and the ASX small ords had good days yesterday, closing up 0.7 and 0.8 per cent respectively.

 

Company news

No shares coming out of escrow today. These eight companies are due out of a trading halt in the next 48 hours:

Thursday:

  • Symbol Mining (ASX:SL1) – operational update and debt restructuring
  • Alto Metals (ASX:AME) – takeover update
  • Alliance Mineral Assets (ASX:A40) – capital raising

Friday:

  • Otto Energy (ASX:OEL) – exploration update
  • Chesser Resources (ASX:CHZ) – capital raising
  • Northern Minerals (ASX:NTU) – R&D tax incentive application
  • Great Western Exploration (ASX:GTE) – capital raising
  • Connected IO (ASX:CIO) – Appeal of court decision

 

Commodities

Gold: $US1,298.47 ($1,873.69) -0.05%

Silver: $US14.76 -0.11%

Oil (Brent): $US71.81 0.88%

Oil (WTI): $US62.13 +0.57%

Coal: $US85 -0.87%

Iron ore 62pc fe: $US93.88 -0.53%

AUD/USD: $US0.6930
 

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What got you talking last week

A great discussion occurring on the Stockhead Facebook chat forum, started by member Kelly Allen: “Hi all. I’m new to trading. I’m wondering which trading platform everyone is using?

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

 

Yesterday’s winners

The biggest winner was Crowd Media (ASX:CM8), up 169 per cent to 4.3c at the close.

The global media and marketing company has secured some big marketing contracts with a number of international brands including PJ Masks (popular kids TV series), Expedia (leading travel website), N26 (leading European Fintech challenger bank) and Pasta Garofalo (Italy’s leading pasta brand).

It was a good morning for health stocks. BTC Health (ASX:BTC) was in the green, up 35 per cent to 11.5c after raising $8 million — including $2 million from Sigma Healthcare (ASX:SIG) — to fund the acquisition of the Hospital Infusion Business from Admedus (ASX: AHZ).

Ticker Name Price % Chg Volume Market cap
CM8 CROWD MEDIA HOLDINGS 0.043 169% 122.8M $10,000,000
YOJ YOJEE 0.13 65% 32.8M $110,200,000
DDT DATADOT TECHNOLOGY 0.009 50% 3.7M $7,300,000
KKL KOLLAKORN CORP 0.01 43% 220.1K $2,100,000
BTC BTC HEALTH 0.115 35% 51.3K $15,000,000
CML CHASE MINING CORPORATION 0.031 35% 6.5M $6,400,000
EFE EASTERN IRON 0.004 33% 374.9K $1,600,000
FDM FREEDOM OIL AND GAS 0.054 32% 1.8M $58,200,000
RIM RIMFIRE PACIFIC MINING 0.005 25% 1.2M $5,300,000
RLC REEDY LAGOON CORP 0.005 25% 500.0K $2,000,000
VMT VMOTO 0.125 25% 1.7M $27,600,000
GLV GLOBAL VANADIUM 0.003 20% 9.0M $8,500,000
VIC VICTORY MINES 0.003 20% 1.7M $3,700,000
CDT CASTLE MINERALS 0.006 20% 478.2K $1,300,000
SI6 SIX SIGMA METALSD 0.006 20% 5.0M $2,700,000
COB COBALT BLUE HOLDINGS 0.155 19% 305.5K $19,300,000
BGT BIO-GENE TECHNOLOGY 0.13 18% 83.6K $16,800,000
BC8 BLACK CAT SYNDICATE 0.26 18% 1.0M $17,900,000
FTZ FERTOZ 0.2 18% 4.2K $25,600,000

 

Yesterday’s losers

Yesterday, battery metals explorer Greenpower (ASX:GPP) announced it was going to change tack and buy an old gold mine in Queensland.

Shareholders didn’t seem to like it, sending the stock down 33 per cent, though that was only a tenth of a cent.

Ticker Company Price % Chg Volume Market cap
APG Austpac Resources NL 0.001 -33% 1.64M $4,200,000
ROG Red Sky Energy 0.002 -33% 1.00M $2,200,000
EXP Experience 0.235 -20% 2.33M $127,800,000
NAG Nagambie Mining Ltd 0.04 -20% 83.25K $17,500,000
CTO Citigold Corporation 0.004 -20% 0.80K $8,600,000
DAF Discovery Africa Ltd 0.008 -20% 62.38K $1,500,000
BCK Brockman Mining Ltd 0.027 -16% 273.07K $295,000,000
HIP Hipo Resources 0.011 -15% 10.62K $4,300,000
ESR Estrella Resources Ltd 0.011 -15% 7.08M $5,800,000
BWX BWX Ltd 1.708 -15% 5.04M $212,500,000
YOJ Yojee 0.113 -13% 7.83M $94,900,000
GPR Geopacific Resources Ltd 0.013 -13% 56.48M $33,700,000
SIL Smiles Inclusive 0.17 -13% 526.94K $10,200,000
BLY Boart Longyear 0.004 -13% 2.44M $39,400,000
CFO Cfoam 0.185 -12% 54.26K $21,700,000
AVA Ava Risk Group 0.15 -12% 310.00K $31,600,000
CM8 Crowd Mobile 0.038 -12% 26.22M $8,900,000
PUA Pure Alumina 0.054 -11% 1.45M $9,200,000
CUL 0.011 -15% 20.5K $1,900,000

 

That’s all you need to know. Move along now.
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