On Stockhead today, Rick Rule on how to spot a gold takeover target, how to get in on global EV action, and BHP sticks to its guns.

But first … the day ahead.

Listing today is Perth-based $3.3 billion disability employment services firm APM Human Services (ASX:APM).

Founded by occupational therapist Megan Wynne in 1994, the company raised $982 million in its IPO float at $3.55 a share.

Wynne owns 34.2% of the business, which the AFR Rich List says will make her Australia’s newest billionaire, valuing her and husband Bruce Bellinge’s stake at $1.4 billion.

APM will start trading on the ASX at midday AEDT.

 

TRADING HALTS

Friday
Lepidico (ASX:LPD) – company update
ArchTIS (ASX:AR9) – capital raising
Greenland Minerals (ASX:GGG) – regulatory update
Latrobe Magnesium (ASX:LMG) – capital raising
Nitro Software (ASX:NTO) – capital raising and acquisition

Monday

Alicanto Minerals (ASX:AQI) – capital raising
Nexus Minerals (ASX:NXM) – capital raising
RooLife Group (ASX:RLG) – capital raising
Tanga Resources (ASX:TRL) – capital raising

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,861.93 ($2,552.95) (+0.67%)

Silver: $US25.20 ($34.56) (+2.34%)

Oil (WTI): $US81.20 (-0.17%)

Oil (Brent): $US82.56 (-0.11%)

Coal: $US151.50 (-4.42%)

Iron 62pc Fe: $US92.63 (+1.56%)

AUD/USD: $US0.72.97 (-0.45%)

Bitcoin: $US65,146.70 ($89,338.93) (-2.41%)

 

WHAT GOT YOU TALKING YESTERDAY?

What on God’s Green Hydrogen Earth was this? (Yes we did that for the SEO.)

So many questions.

 

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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.

 

THURSDAY’S BIGGEST SMALL CAP WINNERS

(Stocks highlighted in yellow rose after making announcements during the trading day).

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

Code Company Price % Volume
MLS Metals Australia 0.003 50.0% 41,899,183
WOO Wooboard Tech Ltd 0.0015 50.0% 6,967,039
BAS Bass Oil Ltd 0.002 33.3% 5,651,223
PGO Pacgold 0.46 29.6% 587,454
ECT Env Clean Tech Ltd. 0.037 27.6% 28,623,986
KIS King Island 0.175 25.0% 7,267,654
YPB YPB Group Ltd 0.0025 25.0% 5,164,908
KAI Kairos Minerals Ltd 0.037 23.3% 40,806,030
SPQ Superior Resources 0.022 22.2% 31,903,143
VMS Venture Minerals 0.052 20.9% 19,239,367
SER Strategic Energy 0.042 20.0% 1,121,196
GT1 Greentechnology 0.455 19.7% 7,140,001
HMD Heramed Limited 0.225 18.4% 1,602,391
POD Podium Minerals 0.43 17.8% 1,329,797
TOU Tlou Energy Ltd 0.073 17.7% 16,884,612
AVL Aust Vanadium Ltd 0.027 17.4% 62,540,137
LRL Labyrinth Resources 0.042 16.7% 8,756,364
AMD Arrow Minerals 0.007 16.7% 3,373,849
ARD Argent Minerals 0.043 16.2% 6,893,837
FRM Farm Pride Foods 0.3 15.4% 35,572
ACP Audalia Res Ltd 0.015 15.4% 308,454
GLV Global Oil & Gas 0.03 15.4% 16,880,474
AHI Adv Human Imag Ltd 1.15 15.0% 850,388
EDE Eden Inv Ltd 0.023 15.0% 24,447,895
PAK Pacific American Hld 0.023 15.0% 19,304,876

Among stocks with no news, gold play PacGold (ASX:PGO) ticked higher in Thursday trade, following up Wednesday’s 18% gain with a ~30% rally after announcing a high grade gold hit at its Alice River project in North Queensland.

Elsewhere, there was a heavy resources and energy theme among stocks with market moving announcements.

King Island Scheelite (ASX:KIS) held its gains after flagging that the redevelopment of its’ ‘Dolphin’ tungsten mine on King Island, Tasmania, is officially on.

Tlou Energy (ASX:TOU) continued the recent run of small cap moves concerning anything to do with green (or blue) hydrogen, after announcing new plans for the Lesedi power project in Botswana.

The company and its technology partner, Synergen Met, “are working on combining large, established natural gas reserves with abundant solar energy to produce green hydrogen”, Tlou said.

 

THURSDAY’S BIGGEST SMALL CAP LOSERS

(Stocks highlighted in yellow fell after making announcements during the trading day).

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

Code Company Price % Volume
GPR Geopacific Resources 0.24 -25.0% 5,798,016
EMT Emetals Limited 0.014 -22.2% 1,538,904
CCE Carnegie Cln Energy 0.002 -20.0% 4,766,841
DOU Douugh Limited 0.093 -15.5% 14,303,760
LPD Lepidico Ltd 0.045 -15.1% 91,717,512
DLC Delecta Limited 0.017 -15.0% 24,618,316
EME Energy Metals Ltd 0.33 -14.3% 68,150
RFT Rectifier Technologies 0.049 -14.0% 11,840,859
IND Industrialminerals 0.26 -13.3% 572,492
CGB Cann Global Limited 0.0035 -12.5% 6,623,887
KNB Koonenberrygold 0.14 -12.5% 812,707
NEA Nearmap Ltd 1.885 -12.3% 9,882,286
LTR Liontown Resources 1.64 -12.1% 27,234,163
SNS Sensen Networks Ltd 0.115 -11.5% 463,870
PRS Prospech Limited 0.077 -11.5% 13,500
BEE Broo Ltd 0.012 -11.1% 1,324,471
DDD 3D Resources Limited 0.004 -11.1% 5,320,425
NOR Norwood Systems Ltd. 0.016 -11.1% 749,900
TMK Tamaska Oil Gas Ltd 0.008 -11.1% 2,180,700

Among yesterday’s laggards, Geopacific Resources (ASX:GPR) led the way after providing a project development update in early afternoon trade.

GPR said early earthwork activities at its Woodlark gold project in Papua New Guinea have been delayed due to a number of factors including “unseasonal inclement weather” and the impact of rising COVID-19 cases on the island.

Lithium explorer Lepidico (ASX:LPD) also slipped in afternoon trade, after advising that “it was made aware that a North American investor relations firm erroneously sent an email communication purportedly on behalf of Lepidico without management review”, which contained several inaccuracies in connection with offtake and project financing initiatives for the company’s lithium hydroxide operations.