Rise and Shine: What you need to know before the ASX opens

On Stockhead today, everything you need to know about franking credits, 5 questions to ask before plunging into lithium, and a fireside chat with Chalice CEO Alex Dorsch.

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
Lumos Diagnostics (ASX:LDX) – announcement clarification
Structural Monitoring Systems (ASX:SMN) – capital raising
Metal Hawk (ASX:MHK) – capital raising
Regal Investment Fund (ASX:RF1) – capital raising

Monday
Seafarms Group (ASX:SFG) – project cost update
Alchemy Resources (ASX:ALY) – capital raising
Vanadium Resources (ASX:VR8) – capital raising
New Talisman Gold Mines (ASX:NTL) – rights issue update

MARKETS

Gold: $US1,755.88 ($2,400.96) (-0.37%)

Silver: $US22.60 ($30.90) (+0.00%)

Oil (WTI): $US78.85 (+1.83%)

Oil (Brent): $US82.46 (+1.70%)

Coal: $US230.00 (-4.96%)

Iron 62pc Fe: $US118.10 (+0.36%)

AUD/USD: $US0.7314 (+0.61%)

Bitcoin: $US53,955.00 ($73,777.04) (-2.22%)

WHAT GOT YOU TALKING YESTERDAY?

Iron ore magnate Gina Rinehart has said humans do not cause global warming and warned against climate change “propaganda” in a speech to students at her old school.

“Please be very careful about information spread on an emotional basis, or tied to money, or egos or power-seekers,” said Australia’s richest woman.

#Auspol
Gina Rinehart warns of ‘propaganda’ in climate denial video to students https://t.co/NUCt90Nzu2

— Peter FitzSimons (@Peter_Fitz) October 6, 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 Coinhead 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.

Product authentication company YPB Group (ASX:YPB) secured a commercial trial in the south-east Asian market for MotifMicro1 (MM1) — its anti-counterfeit solution that can be read by a smartphone.

The client, Holographic Label Sdn. Bhd. “has been in the security printing industry for over 20 years”, YPB said.

The agreement “provides a framework for HLSB to order MM1 from YPB, pursuant to purchase orders. HLSB placed its first order for US$4,000 of MM1”, YPB said.

In resources, Sunstone Metals (ASX:STM) held its gains from morning trade after announcing a big copper-gold hit at its ‘El Palmar’ project in Ecuador.

Also rising strongly was tech company Prophecy International Holdings Ltd (ASX:PRO), which landed a $5.518m contract with the NYSE-listed health insurance giant Humana Inc.

The deal is for the deployment of eMite — PRO’s SaaS-based call centre analytics platform. Annual recurring revenues from eMite will now exceed $10m, Prophecy said.

YESTERDAY’S LOSERS

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

Diversified resources play Intra Energy (ASX:IEC) dipped more than 15%, following two days of solid gains which prompted a speeding ticket from the ASX.

In response, IEC said it wasn’t aware of any information that would prompt the gains, which saw it rise by 10% and 18.18% on Tuesday and Wednesday, respectively.