On Stockhead today, Guy Le Page is feeling good about 2022, copper demand to double by 2050, and Cash Converters gets into lending.

But first, the day ahead.

 

WHO’S LISTING?

Qualitas Limited (ASX:QAL) will start trading at 11:00am AEDT with an indicative market capitalisation of $735m, after raising $335m at $2.50 per share in its IPO.

One of Australia’s leading alternative real estate investment managers, QAL’s funds platform comprises five specialist commercial real estate credit funds and eight specialist real estate private equity funds.

QAL says it has $4.2 billion in funds under management (FUM) “having delivered compound annual growth in FUM since inception of 36%”.

 

TRADING HALTS

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

Thursday

Credit Clear (ASX:CCR) – capital raising
IDT Australia (ASX:IDT) – response to government mRNA announcement
Shekel Brainweigh (ASX:SBW) – capital raising
333D (ASX:T3D) – capital raising
CSL (ASX:CSL) – capital raising and acquisition
PepinNini (ASX:PNN) – capital raising
BNK Banking (ASX:BBC) – divestment transaction
MA Financial (ASX:MAF) – acquisition

Friday

National Tyre & Wheel (ASX:NTD) – capital raising
Laserbond (ASX:LBL) – capital raising and acquisition
Corporate Travel Management (ASX:CTD) – capital raising
RTG Mining (ASX:RTG) – capital raising
Frontier Digital Ventures (ASX:FDV) – capital raising
Battery Minerals (ASX:BAT) – capital raising
Pearl Global (ASX:PG1) – capital raising
Kalamazoo Resources (ASX:KZR) – earn in transaction
Audio Pixels (ASX:AKP) – material agreement
The Sustainable Nutrition Group (ASX:TSN) – capital raising and acquisition

 

MARKETS (updated at 7.30am AEDT)

Gold: $US1,775.03 ($2,479.25) (+0.27%)

Silver: $US21.97 ($30.69) (+0.21%)

Oil (WTI): $US71.43 (+0.99%)

Oil (Brent): $US74.36 (+0.88%)

Coal: $US169.20 (+0.00%)

Iron 62pc Fe: $US109.22 (+2.04%)

AUD/USD: $US0.7160 (+0.82%)

Bitcoin: $US48,983.19 ($68,416.58) (+3.85%)

 

WHAT GOT YOU TALKING YESTERDAY?

Are the richest people on the planet dumping stock?

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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

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

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

Legacy Minerals (ASX:LGM) announced some thin but very high grade gold results from a re-assaying program at the ‘Harden’ gold mine prospect in NSW.

There were even specks of visible gold.

This is the first ever drilling in over 100 years to be conducted below the historical, high-grade Harden mine, LGM says — although the kit used by pre-WW1 old timers probably looked something like this:

Recently listed copper explorer Revolver Resources (ASX:RRR) flagged a promising anomaly, which could be an extension to the currently defined deposit at its ‘Diane’ project in Queensland.

One of the ASX’s smaller travel agents Helloworld (ASX:HLO) inked a deal to sell its corporate and entertainment travel businesses in Australia and New Zealand to Corporate Travel Management (ASX:CTD).

And financial services company BNK Banking Corporation (ASX:BNK) agreed to sell its mortgage broking aggregation platform for $151.6m in cash to MA Financial (ASX:MAF).

 

YESTERDAY’S LOSERS

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

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

Yesterday’s ASX debutante Armada Metals (ASX:AMM) did it rough, with the African base metals explorer falling 22.5% from its IPO price of 20c per share.

Copper-cobalt-gold play Celsius Resources (ASX:CLA) dumped (or was dumped by) PR expert Blair Sergeant.

The $19m market cap explorer is down ~40% on big volumes since releasing a scoping study on the ‘MCB’ copper-gold porphyry project in the Philippines on December 1.