Firstly, vale to an Australian great, former Labor Prime Minister Bob Hawke. May he rest in peace.

 

On Stockhead today, FYI’s Roly Hill on HPA demand, disruption, and an industry leading project, how companies perform after they spin-off some of their assets, and the time The Secret Broker shared Alan Bond’s bathtub.

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

 

The day ahead in data

Not much on the home front today. Australian markets had a good day yesterday, with both the ASX 200 and the ASX small ords up 0.7 per cent.

The country waits with bated breath ahead of tomorrow’s federal election.

 

Company news

No shares come out of escrow today. The following six companies have shares coming out of escrow over the next two business days:

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

Monday:

  • Mako Gold (ASX:MKG) – capital raising
  • eSports Mogul (ASX:ESH) – capital raising

 

Commodities

Gold: $US1,286.65 +0.03%

Silver: $US14.53 -0.04%

Oil (Brent): $US72.74 -0.01%

Oil (WTI): $US63.12 +0.4%

Coal: $US83 -2.35%

Iron ore 62pc fe: $US94.82 +1%

AUD/USD: $US0.6888 -0.05%

 

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What got you talking yesterday

Corporate deals in the lithium industry are heating up, wrote resources editor Angie East, generating interest on the Stockhead Facebook chat forum.

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

 

Yesterday’s winners

Andromeda Metals (ASX:AND) rose 43 per cent to 1c after forming a joint venture with Minotaur Exploration (ASX:MEP) to develop intellectual property and investigate commercial applications for halloysite‐kaolin nanotubes from the Poochera  Halloysite‐Kaolin project in South Australia.

Revenue and profit growth for the March quarter drove 99 Wuxian (ASX:NNW) shares up 41 per cent to 9.7c. The company told investors about 73 per cent growth in revenue to $7 million, with a 32 per cent boost in gross profit to $6.8 million.

Change Financial (ASX:CCA) shot up 50 per cent to 8.1c today, though it had no news out. It fielded a query from the ASX, with CCA saying it couldn’t pick why shares had risen.

Ticker Name Price % Chg Volume Market cap
AKN Auking Mining 0.002 100% 486.00K $933,000
VPR Volt Power Group 0.002 100% 3.73M $12,400,000
CAD Caeneus Minerals 0.002 50% 665.00K $1,900,000
VAR Variscan Mines 0.002 50% 2.87M $1,300,000
CCA Change Financial 0.081 50% 3.35M $8,000,000
GPP Greenpower Energy 0.003 50% 47.82M $4,700,000
AND Andromeda Metals 0.01 43% 69.49M $13,600,000
NNW 99 Wuxian 0.097 41% 6.44M $112,500,000
ARM Aurora Minerals 0.015 36% 605.19K $1,800,000
LON Longtable Group 0.27 35% 3.20M $54,600,000
HSC Homestay Care 0.02 33% 3.00M $13,900,000
CML Chase Mining 0.041 32% 142.57M $8,700,000
S2R S2 Resources Ltd 0.12 32% 1.17M $29,800,000
ABV Advanced Braking Technology 0.013 30% 103.56K $3,900,000
SUD Suda 0.005 25% 23.71M $12,900,000
ANL Amani Gold 0.003 25% 250.00K $7,400,000
BAS Bass Strait Oil Co Ltd 0.003 25% 500.00K $5,200,000
THD Thred 0.003 25% 785.17K $3,600,000
FTZ FERTOZ 0.2 18% 4.2K $25,600,000

 

Yesterday’s losers

Skydiving operator Experience Co (ASX:EXP) fell 20 per cent to 23.5c after releasing a revenue downgrade, with expectations it will be 4 per cent lower than previously outlined. This has been attributed to less people flying into Cairns to have fun holidays.

BWX (ASX:BWX) shed 15 per cent, down to $1.71, after also releasing a profit downgrade, saying earnings before all the necessary accounting measures would be between $21 million and $23 million. It also announced that David Fenlon had been appointed global CEO.

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. Have one for Hawkey this weekend.