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

On Stockhead today, Collins Foods CEO Drew O’Malley on expansion and shutting Sizzler down, can Archer rise to $3, and is this the new uranium Renaissance?

But first… the day ahead.

The Aussie Bureau of Statistics releases the Monthly Business Turnover Indicator report, which is expected to provide a timely update on business sales or turnover in August using ATO data.

TRADING HALTS

The following companies are in trading halts and are expected out in the next two trading days:

Friday

Firefly Resources (ASX:FFR) – updated mine planning information
Digital Wine Ventures (ASX:DW8) – capital raising and acquisition
Jadar Resources (ASX:JDR) – acquisition
Strickland Metals (ASX:STK) – drilling results
Adriatic Metals (ASX:ADT) – capital raising
Titomic (ASX:TTT) – capital raising

Monday

Swoop (ASX:SWP) – capital raising
Heramed (ASX:HMD) – capital raising
Torque Metals (ASX:TOR) – drilling results
Vulcan (ASX:VUL) – off take agreement
Podium Minerals (ASX:POD) – capital raising
COG Financial Services (ASX:COG) – capital raising
Dart Mining (ASX:DTM) – capital raising

MARKETS

Gold: $US1,796.28 ($2,422.33) (+0.20%)

Silver: $US23.54 ($31.74) (+2.04%)

Oil (WTI): $US81.45 (+1.26%)

Oil (Brent): $US84.21 (+1.24%)

Coal: $US243.35 (+0.41%)

Iron 62pc Fe: $US122.83 (+0.44%)

AUD/USD: $US0.7415 (+0.51%)

Bitcoin: $US57,573.50 ($77,639.42) (+0.44%)

WHAT GOT YOU TALKING YESTERDAY?

We haven’t seen this many $$ raised via ASX IPOs (~$7 billion in 2021 so far) since way back in 2014, when proceeds totalled a mammoth ~$16 billion.

[REPORT] Surge in number of new listings on the Aussie sharemarket https://t.co/fHZPLNcg9C #ASX #ausecon pic.twitter.com/aHDx34h2M9

— CommSec (@CommSec) October 14, 2021

There’s plenty of IPO action to come before the Xmas break.

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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 WINNERS

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Sanitiser company Zoono (ASX:ZNO) jumped sharply in afternoon trade, after releasing its quarterly 4C filing for Q3.

Zoono booked net positive operating cashflows of $2.074m, on cash receipts of $4.868m. The company said it’s executing on a direct distribution strategy and is aiming for a “direct presence in all major EU markets, including France, Italy, Germany and Spain” within the next 6-9 months.

First pass drilling by Strickland Metals (ASX:STK) uncovered an “exciting, shallow high-grade zinc-lead discovery” right next door to Rumble Resources’ (ASX:RTR) company making ‘Chinook’ zinc-lead-silver deposit in WA.

African Energy (ASX:AFR) advised that the Sese joint venture in which it has a 30.3% stake in has been invited to tender for a new 300MW coal-fired power station in Botswana.

Fintech player Douugh (ASX:DOU) announced a tie-up with a US-based cryptocurrency business that will allow users to hold crypto assets on the Douugh app.

YESTERDAY’S LOSERS

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