On Stockhead today, near-record ASX200 highs doesn’t mean small cap investors can relax, what Australia can do to fix its poor EV take-up, and what does a travel agent founder want with $4.9m of stock in State Gas?

But first:

The day ahead

RBA governor Philip Lowe is scheduled to give a speech at 11:15am (eastern time) called “The labour market & spare capacity”.

Markets will be watching for any extra colour from the governor on the bank’s view of employment, given that it’s highlighted changes in the jobs market are now the primary catalyst for further changes in the official cash rate.

Elsewhere, the central banks of Japan and the UK will both make interest rate policy announcements.

Company news

The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Thursday:

St George Mining (ASX:SGQ) – capital raising
Arafura Resources (ASX:ARU) – capital raising
Pure Minerals (ASX:PM1) – capital raising

Friday:

Emu (ASX:EMU) – outcome of exploration tenement negotiations
Syrah Resources (ASX:SYR) – capital raising outcome
KneoMedia (ASX:KNM) – capital raising
Calidus Resources (ASX:CAI) – response to price query

Markets

Gold: $US1358.03 ($1,972.47) +1.06%

Silver: $US15.16 +1.03%

Oil (Brent): $US62.22 +0.11%

Oil (WTI): $US54.23 +0.45%

Coal: $US69.68 -1.23%

Iron ore 62pc Fe: $US105.79 +1.56%

AUD/USD: $US0.6881

What got you talking yesterday

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday, June 19:

Yesterday’s winners

Oil and gas explorer and developer Red Sky Energy (ROG: ASX) finished top of the pops, nipping up 50 per cent to 3 cents after announcing the results of a strategic review on its fully owned Flax oil & gas project in the Cooper Basin.

The company said it can commence an early development phase that could produce oil revenues within six months, while also further proving up the Flax resource which may hold up to 9.9 million barrels of oil.

These were the best performing stocks at market close on Wednesday, June 19:

Ticker Name Price % Chg Volume Market Cap
ROG Red Sky Energy Ltd 0.003 +50.00% 4.3M $3.8M
OAU Ora Gold Ltd 0.01 +42.86% 446.2k $6.5M
IAM Intiger Group Ltd 0.002 +33.33% 1.3M $3.4M
XPE Xped Ltd 0.002 +33.33% 1.4M $3.0M
SGC SACGASCO Ltd 0.02 +33.33% 2.7M $5.3M
PVL Powerhouse Ventures Ltd 0.06 +30.00% 106.4k $1.9M
WML Woomera Mining Ltd 0.03 +25.00% 144.2k $2.8M
ANL Amani Gold Ltd 0.0025 +25.00% 3.9M $13.0M
CTO Citigold Corp Ltd 0.005 +25.00% 2.2M $10.8M
ENX Enegex Ltd 0.01 +25.00% 66.2k $805K
EQE Equus Mining Ltd 0.01 +25.00% 1.8M $9.0M
GBZ GBM Resources Ltd 0.005 +25.00% 95.6k $5.5M
GTE Great Western Exploration Ltd 0.005 +25.00% 1.8M $5.0M
MNC Metminco Ltd 0.0025 +25.00% 4.8M $3.0M
OVL Oro Verde Ltd 0.0025 +25.00% 3.5M $3.9M
TNR Torian Resources Ltd 0.01 +25.00% 1.2M $2.6M
ABV Advanced Braking Technology Lt 0.02 +23.53% 621.9k $6.2M
RHP Rhipe Ltd 2.98 +23.14% 1.9M $414.2M
RAN Range International Ltd 0.03 +21.74% 641.5k $5.6M
AVC Auctus Alternative Investments 0.31 +21.57% 10.0k $9.0M
AO1 AssetOwl Ltd 0.0085 +21.43% 281.2k $2.6M
OBJ OBJ Ltd 0.02 +21.43% 22.2M $30.8M

Yesterday’s losers

These were the worst performing stocks at market close on Wednesday, June 19:

Ticker Company Price ($) % Chg Volume Market Cap
AKN Auking Mining Ltd 0.001 -50.00% 15.0k $933K
OLH Oldfields Holdings Ltd 0.04 -36.36% 223.4k $2.9M
SYT Syntonic Ltd 0.002 -33.33% 52.6M $6.6M
SAN Sagalio Energy Ltd 0.002 -33.33% 64.0k $409K
EMP Emperor Energy Ltd 0.002 -33.33% 2.0M $2.0M
CAV Carnavale Resources Ltd 0.002 -33.33% 200.0k $1.5M
KTE K2 Energy Ltd 0.006 -33.33% 250.0k $1.8M
AEV Avenira Ltd 0.007 -30.00% 2.1M $7.4M
KKL Kollakorn Corp Ltd 0.012 -29.41% 415.0k $2.5M
AQX Alice Queen Ltd 0.009 -25.00% 3.0M $5.9M
TOM Tomizone Ltd 0.003 -25.00% 2.4M $1.3M
SRN Surefire Resources NL 0.003 -25.00% 580.3k $1.5M
RIM Rimfire Pacific Mining NL 0.003 -25.00% 630.0k $3.2M
MLS Metals Australia Ltd 0.0015 -25.00% 647.0k $4.4M
CIO Connected IO Ltd 0.003 -25.00% 10.5M $5.4M
CAD Caeneus Minerals Ltd 0.0015 -25.00% 1.6M $3.2M
AAJ Aruma Resources Ltd 0.003 -25.00% 2.0M $2.0M
KGD Kula Gold Ltd 0.02 -23.08% 194.9k $7.5M
ERG Eneco Refresh Ltd 0.05 -22.86% 12.0k $14.7M
PGR PAS Group Ltd/The 0.12 -22.58% 96.6k $16.4M
IMC Immuron Ltd 0.1 -22.22% 3.2M $17.1M
AHN Athena Resources Ltd 0.02 -20.83% 200.0k $5.1M