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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the companies making the early metaverse moves, the inconvenient truth about coal, and the company making hemp edible. As in, tasty.
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
HGL (ASX:HNG) – capital raising
Brainchip (ASX:BRN) – announcement
FBR (ASX:FBR) – capital raising
Serko (ASX:SKO) – capital raising
Monday
Matrix Composites & Engineering (ASX:MCE) – capital raising
Firstwave Cloud Technology (ASX:FCT) – acquisition and capital raising
Wide Open Agriculture (ASX:WOA) – capital raising
IXUP (ASX:IXU) – capital raising
MARKETS (updated at 7.30am AEDT)
Gold: $US1,788.65 ($2,487.47) (+0.01%)
Silver: $US23.59 ($32.81) (+0.26%)
Oil (WTI): $US78.08 (-0.40%)
Oil (Brent): $US82.17 (-0.10%)
Coal: $US160.00 (+1.91%)
Iron 62pc Fe: $US94.33 (+0.36%)
AUD/USD: $US0.7188 (-0.10%)
Bitcoin: $US58,900.57 ($81,912.79) (+3.64%)
WHAT GOT YOU TALKING YESTERDAY?
Plenty of people are bullish on high grade PGE-nickel-copper-gold stock Kingsrose Mining Ltd (ASX:KRM).
$KRM ‘I think the grades and dimensions of Penikat are quite compelling as to the enterprise value at just under $30 million this does actually represent value for money.’ #PGE https://t.co/SlUWNwqckX
— 258 Capital (@258Capital) November 24, 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 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 |
|---|---|---|---|---|
| BIT | Biotron Limited | 0.1 | 96 | 161351267 |
| OVT | Ovato Limited | 0.003 | 50 | 204083 |
| VIC | Victory Mines Ltd | 0.002 | 33 | 6109461 |
| WCN | White Cliff Min Ltd | 0.016 | 33 | 24782334 |
| WOO | Wooboard Tech Ltd | 0.002 | 33 | 2543 |
| PKD | Parkd Ltd | 0.06 | 33 | 28073070 |
| EGR | Ecograf Limited | 0.845 | 32 | 9444980 |
| EML | EML Payments Ltd | 3.61 | 31 | 19701927 |
| ATC | Altech Chem Ltd | 0.14 | 27 | 32085391 |
| IDZ | Indoor Skydive Aust | 0.073 | 22 | 9499951 |
| ZAG | Zuleika Gold Ltd | 0.023 | 21 | 1152903 |
| XST | Xstate Resources | 0.006 | 20 | 51769944 |
| ASQ | Australian Silica | 0.205 | 17 | 2846022 |
| CM8 | Crowd Media Limited | 0.036 | 16 | 6249952 |
| KMT | Kopore Metals Ltd | 0.037 | 16 | 2945247 |
| BCI | BCI Minerals Ltd | 0.525 | 15 | 3389608 |
| GLA | Gladiator Resources | 0.031 | 15 | 4318012 |
| GRR | Grange Resources. | 0.67 | 14 | 6950527 |
| RNX | Renegade Exploration | 0.008 | 14 | 3000000 |
| EMD | Emyria Limited | 0.495 | 14 | 1482622 |
| GML | Gateway Mining | 0.017 | 13 | 3345841 |
| BGD | Bartongoldholdings | 0.215 | 13 | 414672 |
| PIQ | Proteomics Int Lab | 1.255 | 13 | 544632 |
Biotron (ASX:BIT) surged almost 100% after telling shareholders its oral drug BIT225 was effective against COVID-19 in animals, reducing viral load in the subjects’ lungs and blood.
Parkd (ASX:PKD), a micro-cap stock that builds car parks, unveiled a new Heads of Agreement to build a carpark at the Kewdale Central shopping centre in WA.
Battery tech stock Altech Chemicals (ASX:ATC) is able to produce a series of lithium-ion battery anode materials that have ~30% higher retention capacity compared to conventional LIB anode materials.
EML Payments (ASX:EML) jumped more than 20% after providing an update on its regulatory issues with the Central Bank of Ireland. It says the CBI will now permit it to, whilst staying within the material growth restrictions, sign new customers and add programs through its subsidiary PFS Card Services (Ireland) Limited (PCSIL).
Explorer White Cliff Minerals (ASX:WCN) raised $912,000 at 1.2c per share – equivalent to the last closing price – to hit the ground running at its soon-to-be acquired lithium and rare earth element (REE) projects.
Popular graphite/battery anode stock Ecograf (ASX:EGR) is in offtake discussions with Korean battery behemoth POSCO.
YESTERDAY’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 |
|---|---|---|---|---|
| RAD | Radiopharm | 0.4 | -33 | 24061578 |
| OAK | Oakridge | 0.001 | -33 | 2378900 |
| OEX | Oilex Ltd | 0.003 | -25 | 18895 |
| AIB | Aurora Glb Trust | 0.115 | -23 | 167845 |
| NTL | New Talisman Gold | 0.002 | -20 | 15934279 |
| ACB | A-Cap Energy Ltd | 0.125 | -19 | 10205566 |
| BBL | Brisbane Broncos | 0.69 | -18 | 8336 |
| KNM | Kneomedia Limited | 0.018 | -18 | 3245720 |
| TTB | Total Brain Ltd | 0.115 | -18 | 247608 |
| CCG | Comms Group Ltd | 0.1 | -17 | 948967 |
| STM | Sunstone Metals Ltd | 0.093 | -15 | 55733068 |
| DOR | Doriemus PLC | 0.11 | -15 | 120001 |
| 4DS | 4Ds Memory Limited | 0.05 | -15 | 20238271 |
| PIL | Peppermint Inv Ltd | 0.017 | -15 | 20044350 |
| MRZ | Mont Royal Resources | 0.34 | -15 | 281394 |
| ICG | Inca Minerals Ltd | 0.099 | -14 | 2034486 |
| KOR | Korab Resources | 0.07 | -14 | 8287059 |
| MM8 | Medallion Metals. | 0.195 | -13 | 127328 |
| 1ST | 1St Group Ltd | 0.013 | -13 | 2388028 |
| AOA | Ausmon Resorces | 0.007 | -13 | 1507407 |
| TRT | Todd River Res Ltd | 0.105 | -13 | 1380833 |
| VAR | Variscan Mines Ltd | 0.042 | -13 | 951181 |
| IND | Industrialminerals | 0.25 | -12 | 338674 |
Radiopharm Theranostics (ASX:RAD), the latest biotech venture of Paul Hopper, plunged over 30% on its ASX debut.
New Talisman Gold Mines (ASX:NTL) announced the deal to buy the historic Broken Hills mine was now off, as were its plans to spin off its subsidiary Coromandel Gold.
