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Rise and Shine: What you need to know before the ASX opens
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On Stockhead today, the small cap scoring military VR contracts, is palladium’s recovery under way, and VP’s John So gives his lithium picks.
But first … the day ahead.
WHO’S LISTING?
A bunch of construction and infrastructure-facing stocks hit the bourse today.
A New Zealand property developer with 28 projects underway throughout NZ and one in Australia.
Winton’s current development pipeline includes 7,442 residential lots and dwellings, apartment units and retirement village units from existing projects – with $703 million of gross pre-sales secured as at 15 November 2021.
It raised $350m at $3.89 per share in its IPO and will have an implied market cap of ~$1.15bn on listing.
An Aussie traffic management operator, with a focus on NSW and QLD.
Clients include state and local governments, federally funded contractors and major contractors in the utilities, infrastructure, construction, telecommunications, and other industrial sectors.
It raised $32.5m at $1 per share in its IPO and will have an implied market cap of $73m on listing.
One of Australia’s leading fit-out and refurbishment construction companies, with a national presence across commercial and government, hospitality, healthcare, education, defence, and retail sectors.
SHAPE has a total identified future project pipeline of ~$1.9bn as at 30 September 2021. Of this pipeline, SHAPE has submitted tenders for projects totalling ~$280m and is in the process of tendering for a further ~$230m of works, with over 80% of the projects anticipated to be awarded in FY22.
It raised $2m at $1.96 per share and will have an implied market cap of $163m on listing.
A company servicing Australia’s electrical industry.
IPD’s core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities.
It raised $40m at $1.20 per share.
TRADING HALTS
The following companies are in trading halts and are expected out in the next two trading days:
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
Monday
Magnis Energy Technologies (ASX:MNS) – off-take agreement
Bounty Oil & Gas (ASX:BUY) – PEP-11 update
Bionomics (ASX:BNO) – US IPO update
Emyria (ASX:EMD) – technology partnership
Matsa Resources (ASX:MAT) – divestment
IGO (ASX:IGO) – acquisition
Esports Mogul (ASX:ESH) – capital raising
Greenland Minerals (ASX:GGG) – outcome of Greenland government meeting
Mayur Resources (ASX:MRL) – capital raising
Future First Technologies (ASX:FFT) – capital raising
MARKETS (updated at 7.30am AEDT)
Gold: $US1,798.00 ($2,507.34) (+1.17%)
Silver: $US22.43 ($31.28) (+1.73%)
Oil (WTI): $US71.85 (+1.38%)
Oil (Brent): $US74.58 (+0.95%)
Coal: $US169.25 (+0.03%)
Iron 62pc Fe: $US111.19 (+1.80%)
AUD/USD: $US0.7170 (+0.08%)
Bitcoin: $US47,975.94 ($66,903.17) (-2.16%)
WHAT GOT YOU TALKING YESTERDAY?
Copper. One of the metals expected to receive another leg up in 2022.
#Copper The Big Picture. Majors scramble for supply. https://t.co/QdSqYi3BZe
— chrisjparrish (@chrisjparrish) December 16, 2021
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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 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 |
|---|---|---|---|---|
| ANL | Amani Gold Ltd | 0.002 | 100 | 4718499 |
| NTL | New Talisman Gold | 0.0015 | 50 | 2953992 |
| VPR | Volt Power Group | 0.003 | 50 | 68270 |
| OEX | Oilex Ltd | 0.004 | 33 | 35777285 |
| A8G | Australasian Metals | 0.505 | 29 | 820717 |
| BIT | Biotron Limited | 0.1 | 27 | 15655336 |
| CGB | Cann Global Limited | 0.0025 | 25 | 2792376 |
| T3D | 333D Limited | 0.0025 | 25 | 2495593 |
| TSC | Twenty Seven Co. Ltd | 0.005 | 25 | 1443317 |
| ENR | Encounter Resources | 0.16 | 23 | 1357451 |
| TNY | Tinybeans Group Ltd | 0.67 | 23 | 36475 |
| XPN | Xpon Technologies | 0.245 | 23 | 4293339 |
| PGD | Peregrine Gold | 0.445 | 20 | 680969 |
| LCT | Living Cell Tech. | 0.006 | 20 | 12367691 |
| ROO | Roots Sustainable | 0.006 | 20 | 1617272 |
| CBL | Control Bionics | 0.475 | 17 | 3201 |
| REZ | Resourc & En Grp Ltd | 0.058 | 16 | 736734 |
| REC | Rechargemetals | 0.19 | 15 | 72500 |
| ADO | Anteotech Ltd | 0.195 | 15 | 4484249 |
| CZR | CZR Resources Ltd | 0.008 | 14 | 2497253 |
| GML | Gateway Mining | 0.016 | 14 | 4602914 |
| POL | Polymetals Resources | 0.16 | 14 | 199407 |
| OVTDA | Ovato Limited | 0.25 | 14 | 60000 |
The smallest of nanocaps (feathercap?), Amani Gold (ASX:ANL) has launched a 3,500m drilling program to grow the 4.1Moz Kebigada gold deposit, part of the ‘Giro’ project in the Democratic Republic of Congo.
Surface sampling at Encounter Resources’ (ASX:ENR) ‘Sandover’ copper project in the NT confirmed high grade copper (up to 20.9%) at four separate areas totalling over 6km of strike.
Biotron (ASX:BIT) – on fire since it announced its lead antiviral drug BIT225 was effective against COVID-19 in animals – jumped again after extending its BIT225 Phase 2 HIV-1 trial to include a second Australian site.
Family-focused photo sharing app Tinybeans (ASX:TNY) says it’s on track for a record quarter in December.
And rising on its ASX debut was XPON Technologies (ASX:XPN), which provides cloud-based marketing technology solutions.
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| IDT | IDT Australia Ltd | 0.29 | -40 | 8697663 |
| NPM | Newpeak Metals | 0.0015 | -25 | 250000 |
| SCT | Scout Security Ltd | 0.029 | -22 | 3346010 |
| AGS | Alliance Resources | 0.145 | -22 | 3750 |
| ENT | Enterprise Metals | 0.013 | -19 | 338500 |
| M2M | Mtmalcolmminesnl | 0.115 | -18 | 686842 |
| AIR | Astivita Ltd | 0.65 | -16 | 1467 |
| PRS | Prospech Limited | 0.063 | -15 | 36138 |
| SBW | Shekel Brainweigh | 0.205 | -15 | 168010 |
| AJM | Altura Mining Ltd | 0.012 | -14 | 80285063 |
| IVT | Inventis Limited | 0.095 | -14 | 277878 |
| KLR | Kaili Resources Ltd | 0.027 | -13 | 119000 |
| RNX | Renegade Exploration | 0.007 | -13 | 1146269 |
| PXX | Polarx Limited | 0.032 | -12 | 1286391 |
| CCR | Credit Clear | 0.475 | -12 | 402698 |
| PNN | PepinNini Minerals | 0.41 | -11 | 543100 |
| MMC | Mitremining | 0.18 | -10 | 277410 |
| RCR | Rincon | 0.135 | -10 | 176307 |
| ARO | Astro Resources NL | 0.0045 | -10 | 1000000 |
| BUY | Bounty Oil & Gas NL | 0.009 | -10 | 9209150 |
| TRU | Truscreen | 0.072 | -10 | 203100 |
| JAY | Jayride Group | 0.19 | -9.5238 | 38579 |
The Australian Government has confirmed that IDT’s (ASX:IDT) onshore mRNA manufacturing capability (ATM) bid has not been selected to progress to the next stage of the process.
Weighing tech stock Shekel Brainweigh (ASX:SBW) got hammered after raising $1.3m at a ~17% discount to the last closing price.
