On Stockhead today, BNPLs winningest in ASX July winners list, Dean Fergie’s top 3 contrarian tech stock picks, and how to speak Diggers and Dealers.
But first … the day ahead.
Local shares are set to open lower today. At 8am AEDT, the ASX 200 August futures is pointing down by 0.25%.
TRADING HALTS
The following companies went into trading halts and are expected out in the next few days:
Lanthanein Resources (ASX:LNR) – capital raising pending.
Total Brain (ASX:TTB) – pending an announcement in relation to a significant transaction.
Critical Resources (ASX:CRR) –an announcement regarding results from its Mavis Lake drilling program.
Mighty Kingdom (ASX:MKL) – another one capital raising.
Change Financial (ASX:CCA) – and another capital raising.
Kula Gold (ASX:KGD) – you guessed it, a capital raising in the works!
Indiana Resources (ASX:IDA) – ooh this one is pending rare earths element assay results from the Central Gawler Project.
ADX Energy (ASX:ADX) – and back to capital raising.
ImExHs (ASX:IME) – and one more capital raising to round it out.
COMMODITY/ FOREX/ CRYPTO MARKET PRICES
Gold: $US1,769.33 (+0.38%)
Silver: $US20.31 (+0.15%)
Nickel (3mth): $US24,360 /t (+3.14%)
Copper (3mth): $US7,800.50/t (-1.48%)
Lithium Carbonate, China (Benchmark Minerals Intelligence, June 30): $US69,750/t
Lithium Hydroxide, China (Benchmark Minerals Intelligence, June 30): $US70,875/t
Oil (WTI): $US94.00 (-4.67%)
Oil (Brent): $US100.08 (-3.73%)
Iron 62pc Fe: $US114.35 (+.6.65%)
AUD/USD: 0.7027 (+0.60%)
Bitcoin: $US23,035 (-2.53%)
WHAT GOT YOU TALKING YESTERDAY?
Galan Lithium (ASX:GLN) found some pegmatites at its Greenbushes South JV with Lithium Australia (ASX:LIT).
Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.
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 preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am 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 |
|---|---|---|---|---|
| CBE | Cobre | 0.215 | 150% | 43243418 |
| PX1 | Plexure Group | 0.31 | 82% | 239249 |
| ALT | Analytica Limited | 0.0015 | 50% | 538747 |
| ANL | Amani Gold Ltd | 0.0015 | 0% | 3084872 |
| WBE | Whitebark Energy | 0.003 | 50% | 499999 |
| FXG | Felix Gold Limited | 0.145 | 45% | 598979 |
| 1ST | 1St Group Ltd | 0.01 | 43% | 197939 |
| SIT | Site Group Int Ltd | 0.004 | 33% | 1523737 |
| LIN | Lindian Resources | 0.18 | 33% | 10199246 |
| BDG | Black Dragon Gold | 0.06 | 30% | 244160 |
| WWG | Wisewaygroupltd | 0.125 | 29% | 40858 |
| CDD | Cardno Limited | 0.4 | 25% | 189241 |
| LNY | Laneway Res Ltd | 0.005 | 11% | 867975 |
| MRD | Mount Ridley Mines | 0.005 | 25% | 4374348 |
| SBR | Sabre Resources | 0.005 | 25% | 1350077 |
| QAL | Qualitaslimited | 2.07 | 24% | 273993 |
| AUR | Auris Minerals Ltd | 0.022 | 22% | 23701 |
| RXH | Rewardle Holding Ltd | 0.011 | 22% | 236113 |
| FGL | Frugl Group Limited | 0.018 | 20% | 337554 |
| AEV | Avenira Limited | 0.012 | 20% | 539114 |
| JTL | Jayex Technology Ltd | 0.006 | 20% | 1120000 |
| OAR | OAR Resources Ltd | 0.006 | 20% | 19008656 |
| TYX | Tyranna Res Ltd | 0.031 | 19% | 31559098 |
| HMG | Hamelingoldlimited | 0.1425 | 19% | 3252 |
| STN | Saturn Metals | 0.345 | 17% | 387882 |
Plexure Group (ASX:PX1) and the makers of some quite wonderful products, McDonald’s Corporation, will be continuing their bro-ham approach to digital customer engagement. Plexure provides the platform and the unique data-driven capabilities while Macca’s has the 147 million customer daily interactions.
Plexure Group CEO Dan Houden was sounding keen too.
“(PX1) looks forward to working collaboratively toward our mutual goal of delivering excellent experiences for McDonald’s customers through our world-leading customer engagement platform.”
And Cobre (ASX:CBE) delivered another new copper intersection with ‘abundant chalcocite mineralisation’. Chalcocite is an important copper ore mineral.
CBE made headlines last week with another discovery at the Ngami Project within the Kalahari Copper Belt of Botswana.
This hole – NCP08 – was drilled 1km southwest of last week’s hole, NCP07, where copper mineralisation is occurring over a 25m interval downhole with a significant increase in chalcocite mineralisation over a 12m interval.
CBE executive chairman and managing director Martin Holland says the project is demonstrating “exceptional promise”.
“This has been a phenomenal start to our drilling program, which includes a total of 57 high-priority targets, and is only just the beginning,” he says.
The explorer has found 115% over the past month.
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 | % | Market Cap |
|---|---|---|---|---|
| KZA | Kazia Therapeutics | 0.24 | -53% | 2,609,438 |
| PEB | Pacific Edge | 0.44 | -33% | 81,565 |
| IVO | Invigor Group Ltd | 0.013 | -24% | 655,987 |
| SPX | Spenda Limited | 0.013 | -24% | 27,569,824 |
| LBY | Laybuy Group Holding | 0.09 | -22% | 8,991,458 |
| AHN | Athena Resources | 0.011 | -21% | 15,582,749 |
| DW8 | DW8 Limited | 0.015 | -21% | 13,640,761 |
| AYT | Austin Metals Ltd | 0.008 | -20% | 4,294,075 |
| CFO | Cfoam Limited | 0.004 | -20% | 1,100,000 |
| MBK | Metal Bank Ltd | 0.004 | -20% | 6,826,093 |
| IKW | Ikwezi Mining Ltd | 1.28 | -17% | 18,207 |
| IOU | Ioupay Limited | 0.091 | -17% | 13,270,375 |
| UMG | United Malt Group | 3.04 | -17% | 4,460,493 |
| JAY | Jayride Group | 0.17 | -17% | 120,151 |
| AFW | Applyflow Limited | 0.0025 | -17% | 2,356,542 |
| AOA | Ausmon Resorces | 0.005 | -17% | 376,838 |
| GMN | Gold Mountain Ltd | 0.005 | -17% | 123,288 |
| MGG | Mogul Games Grp Ltd | 0.0025 | -17% | 920,285 |
| PRM | Prominence Energy | 0.0025 | -17% | 8,676,211 |
| SIH | Sihayo Gold Limited | 0.0025 | -17% | 2,863,999 |
| XST | Xstate Resources | 0.0025 | -17% | 200,000 |
| PFT | Pure Foods Tas Ltd | 0.185 | -16% | 327,952 |
| ABB | Aussie Broadband | 3.05 | -16% | 8,473,682 |
| SKS | SKS Tech Group Ltd | 0.16 | -16% | 62,900 |
| AUA | Audeara | 0.11 | -15% | 23,000 |
After climbing as high as 15% on Friday, Pure Foods Tasmania (ASX:PFT), the purveyors of fine Tassie-crafted food and drinks, are undertaking a one-for-three entitlement offer to raise circa $3.4m.
Down about 20% on Monday, the fall comes after PFT completed its placement last week and raised $2.55m via the issue of some 15.45 million shares to institutional and sophisticated investors at a price of 16.5 cents.
Now it’s a food and drink race to accelerate growth by “investing in working capital, new products and marketing, drive production efficiencies and invest in product expansion.”