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:
Logan Paul’s bought US$280,000 worth already.
And higher than forecast commodity prices. Surprise!
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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 |
|---|---|---|---|---|
| ADV | Ardiden Ltd | 0.0165 | 37.5% | 126,331,804 |
| LM8 | Lunnon Metals | 0.715 | 33.6% | 4,460,973 |
| ARR | American Rare Earths | 0.255 | 30.8% | 10,352,047 |
| COB | Cobalt Blue Ltd | 0.645 | 27.7% | 3,956,289 |
| LSR | Lodestar Minerals | 0.012 | 26.3% | 91,313,642 |
| GTG | Genetic Technologies | 0.005 | 25.0% | 18,347,495 |
| RNU | Renascor Res Ltd | 0.29 | 23.4% | 37,906,750 |
| CHR | Charger Metals | 0.715 | 23.3% | 3,340,427 |
| GRE | Greentechmetals | 0.4 | 23.1% | 1,595,560 |
| SI6 | SI6 Metals Limited | 0.011 | 22.2% | 15,724,745 |
| ESS | Essential Metals Ltd | 0.56 | 21.7% | 18,244,978 |
| QGL | Quantum Graphite | 0.235 | 20.5% | 1,237,006 |
| BEM | Blackearth Minerals | 0.18 | 20.0% | 4,874,272 |
| RMX | Red Mount Min Ltd | 0.012 | 20.0% | 14,868,952 |
| GT1 | Greentechnology | 1.085 | 19.9% | 6,646,128 |
| HNR | Hannans Ltd | 0.056 | 19.1% | 28,050,588 |
| CAE | Cannindah Resources | 0.25 | 19.0% | 1,128,276 |
| ALM | Alma Metals Ltd | 0.032 | 18.5% | 1,008,388 |
| TNR | Torian Resources Ltd | 0.032 | 18.5% | 24,137,886 |
| AZL | Arizona Lithium Ltd | 0.13 | 18.2% | 58,135,005 |
| ITM | Itech Minerals Ltd | 0.305 | 17.3% | 2,018,839 |
| JTL | Jayex Technology Ltd | 0.021 | 16.7% | 1,124,183 |
| AOA | Ausmon Resorces | 0.007 | 16.7% | 8,648,865 |
| WCN | White Cliff Min Ltd | 0.028 | 16.7% | 19,572,655 |
| GTN | GTN Limited | 0.675 | 16.4% | 83,127 |
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.
| Code | Company | Price | % | Volume |
|---|---|---|---|---|
| B4P | Beforepay Group | 1.92 | -43.7% | 1,374,543 |
| PBL | Parabellumresources | 0.2 | -20.0% | 78,830 |
| JAV | Javelin Minerals Ltd | 0.002 | -20.0% | 971,689 |
| MLS | Metals Australia | 0.002 | -20.0% | 25,366,641 |
| YPB | YPB Group Ltd | 0.002 | -20.0% | 3,456,182 |
| CPV | Clearvue Technologie | 0.4 | -16.7% | 3,609,113 |
| VPR | Volt Power Group | 0.0025 | -16.7% | 1,066,335 |
| NAE | New Age Exploration | 0.0165 | -13.2% | 61,596,434 |
| RR1 | Reach Resources Ltd | 0.007 | -12.5% | 5,418,131 |
| XST | Xstate Resources | 0.0035 | -12.5% | 19,928,720 |
| FFT | Future First Tech | 0.035 | -12.5% | 89,182 |
| MCM | Mc Mining Ltd | 0.08 | -12.1% | 4,538 |
| TI1 | Tombador Iron | 0.046 | -11.5% | 2,325,736 |
| FNT | Frontier Resources | 0.024 | -11.1% | 9,456,434 |
| CDX | Cardiex Limited | 0.056 | -11.1% | 4,181,202 |
| AO1 | Assetowl Limited | 0.004 | -11.1% | 645,333 |
| AXP | AXP Energy Ltd | 0.008 | -11.1% | 609,133 |
| EVE | EVE Health Group Ltd | 0.004 | -11.1% | 6,409,991 |
| PNN | PepinNini Minerals | 0.51 | -10.5% | 2,056,589 |
| NET | Netlinkz Limited | 0.017 | -10.5% | 3,494,491 |
| MI6 | Minerals260Limited | 0.63 | -10.0% | 1,329,660 |
| VTX | Vertexmin | 0.18 | -10.0% | 2,704,172 |
| TMK | Tamaska Oil Gas Ltd | 0.009 | -10.0% | 2,204,600 |
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.