On Stockhead today, who’s cashing in as the energy wars break out, are the iron ore majors a sell, and there may still be a way to profit from China
But first … the day ahead.
Set to list at 11am AEST is Afterpay (ASX:APT) backed investment vehicle Touch Ventures (ASX:TVL)
Touch Ventures raised $100 million at 40 cents a share and is set to be capitalised at $285.3 million on its ASX debut.
TVL has made five investments prior to the release of its prospectus, totalling $75.4 million to date and it hopes to expand the portfolio over time.
TRADING HALTS
Wednesday
Wildcat Resources (ASX:WC8) – transaction
Hannans (ASX:HNR) – license due diligence
Castillo Copper (ASX:CCZ) – project acquisitions
Nova Minerals (ASX:NVA) – capital raising
Castle Minerals (ASX:CDT) – capital raising
Stemcell (ASX:SCU) – joint venture
Ultima United (ASX:UUL) – Hokkaido Development update
Thursday
Eastern Iron (ASX:EFE) – updated mining study
MARKETS
Gold: $US1,733.91 ($2,394.88) (-0.13%)
Silver: $US22.44 ($30.99) (-0.91%)
Oil (WTI): $US78.12 (-1.46%)
Oil (Brent): $US74.59 (-1.76%)
Coal: $US210.00 (+2.56%)
Iron 62pc Fe: $US119.89 (-0.28%)
AUD/USD: $US0.7235 (-0.69%)
Bitcoin: $US41,885.83 ($57,852.71) (-2.08%)
WHAT GOT YOU TALKING YESTERDAY?
Li-S Energy’s (ASX:LIS) listing yesterday caught your attention.
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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 BIGGEST WINNERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| LIS | Lisenergylimited | 2.33 | 174 | 25063036 |
| RDT | Red Dirt Metals Ltd | 0.63 | 103 | 26286093 |
| ANL | Amani Gold Ltd | 0.0015 | 50 | 32426405 |
| DAL | Dalaroometalsltd | 0.295 | 48 | 3209302 |
| VIA | Viagold Rare Earth | 0.42 | 40 | 6400 |
| TUA | Tuas Limited | 1.34 | 31 | 4678491 |
| RMI | Resource Mining Corp | 0.03 | 25 | 562415 |
| DAF | Discovery Africa Ltd | 0.045 | 25 | 876494 |
| MLS | Metals Australia | 0.0025 | 25 | 20202332 |
| MRL | Mayur Resources Ltd | 0.255 | 24 | 50000 |
| PGD | Peregrine Gold | 0.41 | 24 | 160578 |
| KCC | Kincora Copper | 0.17 | 21 | 589195 |
| KCN | Kingsgate Consolid. | 1.465 | 20 | 5799071 |
| TOE | Toro Energy Limited | 0.033 | 18 | 36508140 |
| CAE | Cannindah Resources | 0.14 | 17 | 6649975 |
| AT1 | Atomo Diagnostics | 0.355 | 16 | 6941116 |
| SCN | Scorpion Minerals | 0.06 | 15 | 323501 |
| GGX | Gas2Grid Limited | 0.004 | 14 | 70840146 |
| IPC | Imperial Pacific Ltd | 1.6 | 14 | 8392 |
| SMI | Santana Minerals Ltd | 0.17 | 13 | 374981 |
| PRM | Prominence Energy | 0.013 | 13 | 28069278 |
| PPY | Papyrus Australia | 0.053 | 13 | 4341959 |
| IBG | Ironbark Zinc Ltd | 0.036 | 13 | 16832647 |
Yesterday, three companies listed and two of them topped the bourse in battery tech stock Li-S Energy (ASX:LIS) and base metals explorer Dalaroo Metals (ASX:DAL).
Ironbark Zinc (ASX:IBG) rose after appointing former foreign minister Alexander Downer to its board.
Singaporean telco Tuas (ASX:TUA) rocketed after releasing its financial results.
Queensland focused gold explorer Cannindah Resources (ASX:CAE) climbed off the back of its assay results.
And AuMake (ASX:AUK) climbed after unveiling some growth initiatives in the New Zealand market.
YESTERDAY’S BIGGEST LOSERS
Scroll or swipe to reveal table. Click headings to sort.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| ESS | Essential Metals Ltd | 0.17 | -23 | 11740700 |
| MTM | Mtmongerresources | 0.17 | -23 | 1466752 |
| GBR | Greatbould Resources | 0.16 | -22 | 14953892 |
| NVA | Nova Minerals Ltd | 0.115 | -21 | 18048973 |
| BAS | Bass Oil Ltd | 0.002 | -20 | 2630476 |
| SBR | Sabre Resources | 0.004 | -20 | 15461210 |
| LBT | LBT Innovations | 0.115 | -18 | 1588472 |
| AO1 | Assetowl Limited | 0.005 | -17 | 571666 |
| RRR | Revolverresources | 0.385 | -16 | 6086955 |
| MTC | Metalstech Ltd | 0.515 | -16 | 2237938 |
| SEG | Sports Ent Grp Ltd | 0.22 | -15 | 26250 |
| KNB | Koonenberrygold | 0.17 | -15 | 986327 |
| KTA | Krakatoa Resources | 0.069 | -15 | 2158037 |
| TKL | Traka Resources | 0.012 | -14 | 1770000 |
| TRM | Truscott Mining Corp | 0.03 | -14 | 30401 |
| PVL | Powerhouse Ven Ltd | 0.095 | -14 | 378155 |
| NCL | Netccentric Ltd | 0.13 | -13 | 3500 |
| OPL | Opyl Limited | 0.165 | -13 | 56178 |
| NSB | Neuroscientific | 0.45 | -13 | 419719 |
| ARE | Argonaut Resources | 0.007 | -13 | 1109153 |
| AWN | AWN Holdings Limited | 0.85 | -12 | 31083 |
| CLB | Candy Club | 0.15 | -12 | 146845 |
Koonenberry (ASX:KNB) did not have as spectacular a debut, retreating 15%.
WA lithium play Essential Metals (ASX:ESS) fell after a company update. Although the company said it was preparing to transition the area to development ready status and assay results were expected soon, it revealed the drilling “does not appear to have identified a new, large lithium-mineralised pegmatite.”