Pic: Allison Michael Orenstein via Getty Images
Rise and Shine: What you need to know before the ASX opens
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On Stockhead today…seven fund managers share their 2021 investment lessons, the top ASX biotech stocks of the year, and is coal production on track to reach its highest level in 2022?
But first, the day ahead.
It’s a busy day on the IPO front with four companies set to list.
Technology services company Attura (ASX:AJM) will list at 10AM AEDT while DMC Mining (ASX:DMM) makes its debut at 12:00PM AEDT.
Not too far behind is Chalice Mining (ASX:CHN) demerger Falcon Metals (ASX:FAL) – who will be making its appearance at 2:00PM AEDT.
The demerger resulted in the transfer of Chalice’s Australian gold assets, which include the Pyramid Hill, Mt Jackson, Viking Projects.
Also set to join the ASX boards is Infinity Mining (ASX:IMI), which will start trading at 3:00PM AEDT.
TRADING HALTS
Wednesday
Midas Minerals (ASX:MM1) – exploration results
Thursday
Nova Minerals (ASX:NVA) – resource upgrade
Aston Minerals (ASX:ASO) – exploration results
Carnaby Resources (ASX:CNB) – re-release of announcement
Scout Security (ASX:SCT) – convertible note
MARKETS (updated at 7.30am AEDT)
Gold: $US1,789.70 ($2,502.24) (-0.44%)
Silver: $US22.25 ($31.11) (-0.44%)
Oil (WTI): $US71.39 (+4.07%)
Oil (Brent): $US74.17 (+3.71%)
Coal: $US168.15 (+0.09%)
Iron 62pc Fe: $US113.64 (-0.13%)
AUD/USD: $US0.7152 (+0.60%)
Bitcoin: $US48,550.83 ($67,880.47) (+3.80%)
WHAT GOT YOU TALKING YESTERDAY?
Blue Star Helium (ASX:BNL) got you talkin’.
The redrilled BBB-1 water well at the Voyager prospect has intersected a gas column four times bigger than in the previous hole.
Blue Star has much to cheer about after the redrilled BBB-1 water well at the Voyager prospect intersected a gas column four times bigger than in the previous hole.https://t.co/rknYEQAfHl #ad #ASX $BNL pic.twitter.com/xeyInohyW1
— Stockhead (@StockheadAU) December 21, 2021
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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 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 | 0.002 | 100 | 19031989 |
| ALT | Analytica Limited | 0.0015 | 50 | 1067414 |
| ANL | Amani Gold Ltd | 0.0015 | 50 | 31889332 |
| NPM | Newpeak Metals | 0.0015 | 50 | 500000 |
| TTB | Total Brain Ltd | 0.12 | 26 | 3231270 |
| MMM | Marley Spoon | 0.84 | 21 | 2210555 |
| ARE | Argonaut Resources | 0.006 | 20 | 2430017 |
| ESH | Esports Mogul Ltd | 0.006 | 20 | 176616 |
| HFY | Hubify Ltd | 0.064 | 19 | 312734 |
| VR1 | Vection Technologies | 0.135 | 17 | 14570331 |
| CLE | Cyclone Metals | 0.0035 | 17 | 3549004 |
| ZMM | Zimi Ltd | 0.014 | 17 | 3156912 |
| ATX | Amplia Therapeutics | 0.155 | 15 | 155941 |
| KLR | Kaili Resources Ltd | 0.031 | 15 | 6784 |
| ABE | Ausbondexchange | 0.55 | 15 | 67529 |
| FIJ | Fiji Kava Limited | 0.079 | 14 | 287896 |
| AUH | Austchina Holdings | 0.008 | 14 | 1640746 |
| MRD | Mount Ridley Mines | 0.008 | 14 | 1227071 |
| SIH | Sihayo Gold Limited | 0.008 | 14 | 1903165 |
| LIN | Lindian Resources | 0.034 | 13 | 1716804 |
| RXH | Rewardle Holding Ltd | 0.017 | 13 | 1000000 |
| TAS | Tasman Resources Ltd | 0.026 | 13 | 481000 |
| M2M | Mtmalcolmminesnl | 0.13 | 13 | 95591 |
Total Brain (ASX:TTB) announced a license with Janssen Research and Development for a study looking into treatments for depression.
VR and metaverse software company Vection (ASX:VR1) rose off the back of a market update in which it tipped 2022 fiscal year revenue of $17-$19 million.
Marley Spoon (ASX:MMM) bounced off recent lows near 70c — off from its post-pandemic highs above $3.50 — after flagging plans to buy Australian ready-to-heat meal company Chefgood.
The deal involves a $21 million upfront payment for 100% of the equity in Chefgood, and additional earn-outs of up to ~$5.6 million over the next two and a half years based on revenue targets.
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 |
|---|---|---|---|---|
| WOO | Wooboard Tech Ltd | 0.001 | -50 | 25381 |
| CGB | Cann Global Limited | 0.002 | -33 | 18837490 |
| NXM | Nexus Minerals Ltd | 0.355 | -30 | 24616477 |
| AFW | Applyflow Limited | 0.004 | -20 | 5537282 |
| T3D | 333D Limited | 0.002 | -20 | 1250000 |
| ZBT | Zebit Inc. | 0.245 | -17 | 94552 |
| GTG | Genetic Technologies | 0.005 | -17 | 19638581 |
| MEB | Medibio Limited | 0.005 | -17 | 52712356 |
| ROO | Roots Sustainable | 0.005 | -17 | 174826 |
| GGE | Grand Gulf Energy | 0.022 | -15 | 3040747 |
| DTI | DTI Group Ltd | 0.028 | -15 | 96537 |
| SMS | Starmineralslimited | 0.175 | -15 | 20500 |
| KFE | Kogi Iron Ltd | 0.012 | -14 | 1496448 |
| LRV | Larvottoresources | 0.12 | -14 | 827226 |
| THR | Thor Mining PLC | 0.012 | -14 | 26616100 |
| CT1 | Constellation Tech | 0.007 | -13 | 1379073 |
| ICN | Icon Energy Limited | 0.014 | -13 | 4 |
| RIM | Rimfire Pacific | 0.007 | -13 | 220561 |
| TPD | Talon Energy Ltd | 0.007 | -13 | 6537968 |
| FTC | Fintech Chain Ltd | 0.05 | -12 | 47837 |
| TMS | Tennant Minerals Ltd | 0.036 | -12 | 13950020 |
| CAG | Caperangeltd | 0.22 | -12 | 26000 |
Goldie Nexus Minerals (ASX:NXM) fell after an exploration update.
Despite announcing some positive drilling results, it recorded no significant intercepts in one particular hole which was drilled down a post mineralisation structure.
