Rise and Shine: What you need to know before the ASX opens
News
News
On Stockhead today, all you need to know about where crypto’s headed next, five resources and energy ‘short squeeze’ shots, and why ViaGold’s up 2,500% in 45 days.
But first … the day ahead.
The NAB Business Confidence index will be released later today. The index dropped by 5 points last month.
On the IPO front, these three stocks are expected to make their ASX debut:
Minerals 260 (ASX:MI6), a mineral explorer that raised $15m at 50c.
Diablo Resources (ASX:DBO), a mineral explorer that raised $6.5m at 20c.
Resilience Mining Mongolia (ASX:RM1), a copper and gold explorer with projects in Mongolia. The company raised $6m at 20c.
Tuesday
Recce Pharmaceuticals (ASX:RCE) – cleansing notice correction
Suvo Strategic Minerals (ASX:SUV) – mineral resource estimate
4DS Memory (ASX:4DS) – technical update
Resource Mining Corporation (ASX:RMI) – disposal of sale shares
Antilles Gold (ASX:AAU) – capital raising
Nova Minerals (ASX:NVA) – drill results
Wednesday
Holista Colltech (ASX:HCT) – sales and marketing collaboration
EZZ Life Science (ASX:EZZ) – correction
Gascoyne Resources (ASX:GCY) – company update
First Au (ASX:FAU) – capital raising
PVW Resources (ASX:PVW) – exploration results
Australasian Gold (ASX:A8G) – capital raising
Predictive Discovery (ASX:PDI) – operational update
Wellfully (ASX:WFL) – capital raising
Hannans (ASX:HNR) – capital raising
Pantera Minerals (ASX:PFE) – program of works
At US$125/t, iron ore prices are back into super-high margin territory for all of the big and mid-tier iron ore miners. But when will investors start coming back?
Investors in the iron ore majors kept their cards close to their chest despite the price of the steelmaking commodity rebounding above US$120/t on Friday: https://t.co/0XirO0HqVR #GroundBreakers $CMM $DDH pic.twitter.com/BIE1VNTBv7
— Stockhead (@StockheadAU) October 11, 2021
The green economy will generate $2.1 trillion of activities in the Australian renewable energy sector by 2050. But is Australia really the best placed nation in the world to benefit from net zero?
Green Energy: A new report says renewables could be a $21tn industry for Australia by 2050 – Stockhead https://t.co/BV2Z1qa79B
— Green Energy (@GreenEnergy) October 11, 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.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
RXH | Rewardle Holding Ltd | 0.02 | 54 | 48780131 |
ANL | Amani Gold Ltd | 0.004 | 33 | 125970084 |
VIC | Victory Mines Ltd | 0.002 | 33 | 127137184 |
SHP | South Harz Potash | 0.12 | 33 | 4564574 |
HNR | Hannans Ltd | 0.029 | 26 | 56549058 |
BAS | Bass Oil Ltd | 0.0025 | 25 | 1836900 |
CCE | Carnegie Cln Energy | 0.0025 | 25 | 1224069 |
NTL | New Talisman Gold | 0.0025 | 25 | 45814171 |
VIA | Viagold Rare Earth | 0.72 | 24 | 16600 |
FFI | F.F.I. Holdings | 8.46 | 21 | 8600 |
CKA | Cokal Ltd | 0.175 | 21 | 2670459 |
IMC | Immuron Limited | 0.155 | 19 | 3062401 |
PLY | Playside Studios | 0.465 | 19 | 2722114 |
GTN | GTN Limited | 0.56 | 19 | 112141 |
MHK | Metalhawk. | 0.58 | 18 | 1239052 |
MCA | Murray Cod Aust Ltd | 0.39 | 18 | 1890062 |
CRS | Caprice Resources | 0.21 | 17 | 92692 |
DC2 | Dctwo | 0.21 | 17 | 210123 |
ELT | Elementos Limited | 0.028 | 17 | 25760049 |
KGL | KGL Resources Ltd | 0.6 | 17 | 322759 |
BTR | Brightstar Resources | 0.037 | 16 | 1919428 |
ZMM | Zimi Ltd | 0.015 | e | 523858 |
Nova Minerals (ASX:NVA) led the pack after announcing some market-moving ‘bonanza’ grade gold hits (including 132m at 10.1g/t) at its Estelle gold project in Alaska.
Vanadium Resources (ASX:VR8) rose with news of a capital raising.
While the majority of stocks completing capital raisings drop given the discount it is conducted at, this deal was done at a 64% premium to its 30-day volume weighted average price and was led by Johannesburg listed mining services entity Raubex Group.
Scroll or swipe to reveal table. Click headings to sort.
Code | Company | Price | % | Volume |
---|---|---|---|---|
SE1 | Sensera Ltd | 0.024 | -33 | 38305323 |
CGB | Cann Global Limited | 0.004 | -20 | 6216367 |
IPB | IPB Petroleum Ltd | 0.026 | -19 | 1777934 |
MTC | Metalstech Ltd | 0.485 | -15 | 4205787 |
EML | EML Payments Ltd | 3.16 | -15 | 20752861 |
GGX | Gas2Grid Limited | 0.003 | -14 | 4703651 |
ECT | Env Clean Tech Ltd. | 0.013 | -13 | 14441516 |
PDZ | Prairie Mining Ltd | 0.305 | -13 | 405490 |
EVE | EVE Investments Ltd | 0.0035 | -13 | 100000 |
FFT | Future First Tech | 0.042 | -13 | 84000 |
FGL | Frugl Group Limited | 0.038 | -12 | 445650 |
LCK | Leigh Crk Energy Ltd | 0.115 | -12 | 2437314 |
WC8 | Wildcat Resources | 0.039 | -11 | 13064667 |
ATP | Atlas Pearls Ltd | 0.024 | -11 | 523160 |
AYM | Australia United Min | 0.008 | -11 | 11111 |
CAD | Caeneus Minerals | 0.016 | -11 | 27039366 |
XST | Xstate Resources | 0.004 | -11 | 2445548 |
AUN | Aurumin | 0.175 | -10 | 259598 |
AEV | Avenira Limited | 0.009 | -10 | 6238961 |
CVS | Cervantes Corp Ltd | 0.009 | -10 | 4732949 |
DCX | Discovex Res Ltd | 0.0045 | -10 | 6372451 |
OSX | Osteopore Limited | 0.28 | -10 | 120000 |
ARO | Astro Resources NL | 0.005 | -9 | 182184 |
The Star Entertainment Group (ASX:SGR) stock price plunged 22% yesterday, after media reports suggested it had engaged in many of the same improper practices as Crown Resorts (ASX:CWN).
The company released a statement to the ASX to refute the claims, and said it will take appropriate steps to address all allegations with relevant state and federal regulators and authorities.