Rise and Shine: What you need to know before the ASX opens

On Stockhead today, Beforepay CEO Jamie Twiss on what happens now, the companies that can feed the green steel of the future, and uranium picks from Samso’s Noel Ong.

TRADING HALTS

The following companies went into trading halts today and are expected out in the next few days:

Astro Resources (ASX:ARO) — capital raising
Southern Hemisphere Mining (ASX:SUH) — exploration results and capital raising
DXN Ltd (ASX:DXN) — management changes

MARKETS (prices updated at 8.30am AEDT)

Gold: US$1,821.10 ($2,522.39) (+0.21%)

Silver: US$23.06 (+0.52%)

Oil (WTI): US$83.84 (+0.02%)

Oil (Brent): US$85.82 (-0.58%)

Coal: US$220 (+5.01%)

Iron 62pc Fe: US$126.24 (-1.25%)

AUD/USD: US$0.7220 (+0.17%)

Bitcoin: US$42,790.85 ($59,596.83) (-0.74%)

WHAT GOT YOU TALKING YESTERDAY?

Pics of crypto influencer Irene Dao, that’s what:

#IreneDAO to the moon: NFTs of crypto-influencer @irenezhao_ are selling for $10k+ with YouTuber @loganpaul, billionaire @novogratz simping in. https://t.co/zlzd0KSsje

By @derekmartinrose ft @lucile_kris, @awice, @betangbentang#CryptocurrencyNews

— Coinhead (@CoinheadAU) January 17, 2022

Logan Paul’s bought US$280,000 worth already.

And higher than forecast commodity prices. Surprise!

Higher than expected commodity prices are prompting analysts to up their 2022 forecasts in iron ore, copper, nickel, coal and lithium: https://t.co/TAJmsLX3VP #GroundBreakers pic.twitter.com/OMPjAun7LP

— Stockhead (@StockheadAU) January 17, 2022

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.

Ardiden (ASX:ADV) closed highest, courtesy of good news from its joint venture lithium project with Green Technology Metals (ASX:GT1) in Ontario, Canada.

Drilling at the project — in which GT1 holds a 51% stake — returned a thick 40m intersection at 1.54% lithium, which gives it plenty of upside, the two companies said, with a further 10 holes yet to be drilled in a 3,500m drilling program.

Also posting strong gains on Monday was Lunnon Metals (ASX:LM8) after flagging strong drilling results including “7m @ 9.22% nickel only 120m below surface” at its Baker Shoot prospect, an emerging discovery within the Kambalda nickel project.

YESTERDAY’S BIGGEST SMALL CAP LOSERS

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

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

Beforepay joined the boards on the heels of a major negative re-rate for the listed BNPL sector. And… oof:

Sector leader (and soon-to-be Block Inc subsidiary) Afterpay is down more than 60% from its all-time highs, with falls of around 80% for other companies in the space.

Beforepay provides a similar service, except instead of paying merchants up front in return for a fee, it provides customers the option to access their employee pay earlier, with variable repayment terms between 7-14 days.