Rise and Shine: What you need to know before the ASX opens
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But first, here’s what you need to know right now:
Not a great deal today — just the Australian Bureau of Statistics release data on construction work around the country. The ABS has a wealth of data you can get lost in, and the construction work data and much more can be found here.
Five companies are due out of a trading halt today, with four of them set to release news about either initiating or completing a capital raise: Superloop (ASX:SLC), Memphasys (ASX:MEM), AVZ Minerals (ASX:AVZ) and Kibaran Resources (ASX:KNL).
Just one company with shares coming out of escrow today: High Grade Metals (ASX:HGM), with 40 million shares being released, roughly 9 per cent of its issued capital.
Gold: $US1327.61 ($1849.10) +0.03%
Oil (Brent):$US65.07 +0.65%
Oil (WTI):$US55.54 +0.04%
Iron ore 62% fe:$US87.50 No change
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Probiotec (ASX:PBP) was of interest on the Stockhead Small Cap and Micro Cap Chat forum, thanks to a $12.9 million profit that was, in actuality, just $1.1 million, because the company sold off a number of its brands during the half-year.
Over on stock gossip forum HotCopper, these were the most-discussed stocks at close on Tuesday:
— HotCopper (@HotCopper) February 26, 2019
The big winners in yesterday’s trading session were all at the super-small end of town, led by tiny 3D-printing outfit 333D (ASX:T3D).
Shares in the company were up from 0.1 cent to as high as 0.3 cent — a tidy gain of 200 per cent.
It followed a spike in volume yesterday when more than 34 million shares in the company changed hands, prompting a formal price query from the ASX.
The other big movers in percentage terms were Tamaska Oil & Gas (ASX: TMK) and Variscan Mines Ltd (ASX: VAR) which both rose by 100 per cent to 0.2 cents a share.
|ASX code||Company name||Price||% change||Market cap||Volume|
|TMK||Tamaska Oil & Gas Ltd||0.002||100%||$3,900,000||250.0k|
|VAR||Variscan Mines Ltd||0.002||100%||$2,500,000||256.0k|
|NWE||Norwest Energy NL||0.003||50%||$10,100,000||3.7M|
|FTT||Factor Therapeutics Ltd||0.0045||50%||$4,700,000||40.4M|
|MDI||Middle Island Resources Ltd||0.01||40%||$7,300,000||2.4M|
|ECG||eCargo Holdings Ltd||0.13||37%||$80,000,000||82.1k|
|IVO||Invigor Group Ltd||0.004||33%||$10,400,000||2.0M|
|QGL||Quantum Graphite Ltd||0.0025||25%||$18,700,000||855.0k|
|SBR||Sabre Resources Ltd||0.005||25%||$2,000,000||200.0k|
|CAV||Carnavale Resources Ltd||0.01||20%||$4,000,000||1.1M|
|CXU||Cauldron Energy Ltd||0.02||20%||$7,900,000||40.0k|
|SCN||Scorpion Minerals Ltd||0.02||20%||$3,200,000||16.6k|
|ICI||iCandy Interactive Ltd||0.05||20%||$17,000,000||34.0k|
|EXP||Experience Co Ltd||0.31||17%||$175,100,000||2.4M|
|MAG||Magmatic Resources Ltd||0.04||17%||$4,100,000||160.0k|
|AGE||Alligator Energy Ltd||0.0035||17%||$3,500,000||78.0k|
|CTM||Centaurus Metals Ltd||0.01||17%||$16,100,000||2.8M|
|ARQ||ARQ Group Ltd||1.99||17%||$236,600,000||1.5M|
The headaches at Oliver’s Real Food (ASX:OLI) — the owner of those healthy fast food options you find at big servos usually next to a McDonalds or a KFC — are continuing, with chairman Mark Richardson walking out on the company.
Shares dipped 4 per cent to 2.6c on the news, just short of their all-time low of 2.1c earlier this month.
|ASX code||Company name||Last price||% change||Market cap||Volume|
|IBN||Ibuynew Group Ltd||0.05||-43%||$1,100,000||4k|
|VAL||Valor Resources Ltd||0.001||-33%||$3,800,000||340.0k|
|MRD||Mount Ridley Mines Ltd||0.001||-33%||$2,300,000||140.0k|
|AKN||Auking Mining Ltd||0.002||-33%||$933,000||13.0k|
|PNC||Pioneer Credit Ltd||2.17||-30%||$138,400,000||2.9M|
|KPG||Kelly Partners Group Holdings||0.9||-25%||$40,500,000||251.5k|
|SRN||Surefire Resources NL||0.003||-25%||$1,300,000||5.4M|
|RNX||Renegade Exploration Ltd||0.003||-25%||$2,100,000||1.6M|
|PCL||Pancontinental Oil & Gas NL||0.0015||-25%||$8,100,000||2.9M|
|CLZ||Classic Minerals Ltd||0.0015||-25%||$4,100,000||11.2M|
|CGM||Cougar Metals NL||0.0015||-25%||$1,500,000||1.0M|
|OLI||Oliver's Real Food Ltd||0.021||-22%||$5,300,000||7.8M|
|ATL||Apollo Tourism & Leisure Ltd||0.9||-21%||$164,300,000||1.2M|
|GLB||Globe International Ltd||1.6||-20%||$66,300,000||113.3k|
|RXL||Rox Resources Ltd/Australia||0.01||-20%||$10,100,000||3.1M|
|ANL||Amani Gold Ltd||0.002||-20%||$3,700,000||188.5k|
|RLC||Reedy Lagoon Corp Ltd||0.005||-17%||$2,000,000||140.8k|
|GTE||Great Western Exploration Ltd||0.005||-17%||$4,800,000||50.0k|
|EPM||Eclipse Uranium Ltd||0.0025||-17%||$2,900,000||560.0k|
|CIO||Connected IO Ltd||0.0025||-17%||$4,500,000||16k|
|AHN||Athena Resources Ltd/Australia||0.01||-17%||$3,300,000||128.4k|
|PDZ||Prairie Mining Ltd||0.33||-15%||$70,100,000||105.0k|
|WML||Woomera Mining Ltd||0.05||-15%||$5,600,000||308.7k|
That’s all you need to know. Hop to it!