On Stockhead today, can the ASX solve its scoping study issues, The Secret Broker wonders whether Zuck’s Libra bucks will suck, and Barry FitzGerald grabs Hot Chili’s MD for a breaking update on some big news.

But first:

The day ahead

It’s a quiet one on the data front in Australia to end the week.

Looking abroad, Japan has May inflation data and there’s a raft of preliminary PMI readings (manufacturing and services) for June across Japan, Europe, the US and UK.

Company news

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

Friday:

Emu (ASX: EMU) – outcome of exploration tenement negotiations
Syrah Resources (ASX: SYR) – capital raising outcome
KneoMedia (ASX: KNM) – capital raising

Monday:

FYI Resources (ASX: FYI) – capital raising
Dreadnought Resources (ASX: DRE) – capital raising
Tesserent (ASX: TNT) – capital raising
P2P Transport (ASX: P2P) – trading update
Quantify Technology (ASX: QFY) – capital raising
Otto Energy (ASX: OEL) – update on production
Empire Energy Group (ASX: EEG) – transaction
Avenira (ASX: AEV) – short term funding

Markets

Gold: $US1389.99 ($2,008.26) +2.03%

Silver: $US15.24 +1.68%

Oil (Brent): $US64.43 +4.43%

Oil (WTI): $US56.88 +5.80%

Coal: $US70.50 +1.18%

Iron ore 62pc Fe: $US106.20 +0.39%

AUD/USD: $US0.6921 +0.58%

What got you talking yesterday

Over on the Stockhead Facebook group chat, member Kevin Sharpe chimed in on Rachel Williamson’s coverage of Botanix (ASX:BOT), which says one of its cannabis formulations can kill superbugs.

This has huge potential, and I think this was an unanticipated finding from the 3 trials they’re running for psoriasis, dermatitis and acne – all of which are looking good even though early stages,” Sharpe said.

And these were the five most-discussed stocks on trading gossip forum HotCopper at close on Thursday, June 20:

Yesterday’s winners

Speaking of Botanix, markets reacted positively to the company update as BOT stock closed 46.43 per cent higher.

Also performing strongly was Legacy Iron Ore (ASX: LCY), which doubled up to 0.4 cents two days after exploration drilling will commence this week at its Mt Bevan nickel project.

Orion Metals (ASX: ORM) was the other stock to post a 100 per cent gain, climbing to two cents per share after releasing its annual report and quarterly cashflow numbers.

These were the best performing stocks at market close on Thursday, June 20:

Ticker Name Price % Chg Market Cap Volume
LCY Legacy Iron Ore Ltd 0.004 +100.00% $5.9M 13.4M
ORM Orion Metals Ltd 0.02 +100.00% $9.6M 5.6k
AKN Auking Mining Ltd 0.0015 +50.00% $1.4M 634.1k
CAV Carnavale Resources Ltd 0.003 +50.00% $2.2M 1.6M
EMP Emperor Energy Ltd 0.003 +50.00% $3.1M 250.0k
BOT Botanix Pharmaceuticals Ltd 0.2 +46.43% $158.5M 75.8M
TPP Tempo Australia Ltd 0.06 +41.86% $14.7M 565.5k
POD Podium Minerals Ltd 0.09 +41.54% $8.8M 20.0k
RMG RMG Ltd 0.0015 +36.36% $9.2M 50.6k
ABL Abilene Oil and Gas Ltd 0.002 +33.33% $1.6M 8.0k
MLS Metals Australia Ltd 0.002 +33.33% $5.9M 500.0k
SUP Superior Lake Resources Ltd 0.03 +31.82% $25.1M 653.0k
AQX Alice Queen Ltd 0.013 +30.00% $8.5M 1.0M
MRR Minrex Resources Ltd 0.013 +30.00% $1.2M 240.4k
CSV CSG Ltd 0.17 +26.92% $73.5M 2.7M
AHN Athena Resources Ltd 0.02 +26.32% $6.5M 250.0k
BAS Bass Oil Ltd 0.0025 +25.00% $6.5M 1.9M
DLC Delecta Ltd 0.005 +25.00% $3.5M 232.0k
RLC Reedy Lagoon Corp Ltd 0.005 +25.00% $2.0M 1.4M
AQD AusQuest Ltd 0.02 +23.08% $8.8M 1.2M
CZR Coziron Resources Ltd 0.011 +22.22% $19.6M 240.0k

Yesterday’s losers

Energy minnows led the falls in Thursday trade, with Bounty Oil & Gas (ASX: BUY) and Jupiter Energy (ASX: JPR) both falling by more than 30 per cent.

These were the worst performing stocks at market close on Thursday, June 20:

Ticker Company Price ($) % Chg Volume Market Cap
BUY Bounty Oil & Gas NL 0.002 -33.33% $1.9M 3.1M
JPR Jupiter Energy Ltd 0.011 -31.25% $1.7M 54.0k
NVU Nanoveu Ltd 0.05 -28.57% $6.6M 200.0k
NME Nex Metals Exploration Ltd 0.011 -26.67% $2.1M 180.0k
IDZ Indoor Skydiving Australia Group 0.011 -26.67% $1.5M 209.8k
XPE Xped Ltd 0.0015 -25.00% $2.3M 1.3M
THD Thred Ltd 0.0015 -25.00% $2.7M 328.0k
AVW Avira Resources Ltd 0.003 -25.00% $3.0M 700.0k
ABV Advanced Braking Technology Ltd 0.02 -23.81% $4.8M 569.4k
OLV Otherlevels Holdings Ltd 0.007 -22.22% $2.0M 395.8k
KPO Kalina Power Ltd 0.02 -21.43% $16.0M 6.1M
ARU Arafura Resources Ltd 0.1 -20.00% $78.1M 40.8M
UTR Ultracharge Ltd 0.002 -20.00% $2.1M 476.8k
RFN Reffind Ltd 0.004 -20.00% $2.1M 16.7k
PSM Peninsula Mines Ltd 0.002 -20.00% $2.0M 200.0k
OVL Oro Verde Ltd 0.002 -20.00% $3.1M 335.0k
MNC Metminco Ltd 0.002 -20.00% $2.4M 281.4k
PSM Magnetite Mines Ltd 0.004 -20.00% $2.0M 3.0M
IPT Impact Minerals Ltd 0.004 -20.00% $5.3M 537.3k
ANL Amani Gold Ltd 0.002 -20.00% $10.4M 789.0k