On Stockhead today, the most in-demand stocks on the ASX right now, the small caps with first-mover advantage on the Nullarbor, and the small cap waging a full frontal war on big bacteria.

But first:

The week ahead

Amid the global re-rating in bond markets, central banks and inflation figures will again take centre stage on the economic calendar.

In Australia, RBA governor Philip Lowe will participate in a panel discussion on Monday morning. Then on Tuesday evening, Michelle Bullock (RBA assistant governor) will give a speech called “Modernising the Australian Payments System” in Berlin.

Later in the week on Friday the RBA will have May figures for private sector credit, including growth in home loans.

Overseas, US Fed Chair Jerome Powell will give a speech on the US economy on Tuesday night. And PCE data for May on Friday night will give an update on the US inflation outlook.

Core PCE inflation is forecast to be soft at just 1.6%, but Westpac says that weakness is “expected to be transitory”.

Then all eyes will on be on the G20 Summit, particularly President Trump’s scheduled meeting with Chinese leader Xi Jinping.

The Aussie dollar will start the week at 0.6928 US cents.

Company news

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

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
Avenira (ASX: AEV) – short term funding

Tuesday:

Spectur (ASX: SP3) – capital raising
Alice Queen (ASX: AQX) – capital raising
Comet Resources (ASX: CRL) – capital raising

Markets

Gold: $US1,398.65 ($2,017.82) +0.78%

Silver: $US15.35 -0.45%

Oil (Brent): $US65.20 +1.16%

Oil (WTI): $US57.43 +1.38%

Coal: $US72.12 +2.30%

Iron ore 62pc fe: $US107.54 +0.31%

AUD/USD: $US0.6932 +0.09%

What got you talking last week

There were plenty of interesting developments last week which caught the attention of Stockhead readers.

Nick Sundich took a look at which stocks might be in the firing line for an end-of-financial-year selloff. Rachel Williamson summarised (literally) everything you need to know about the Aussie cannabis industry, and Angie East provided another interesting update (hint: it’s bullish) on the outlook for rare earths.

Check here for a full recap of last week’s biggest Stockhead stories.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Friday, June 21:

Last week’s winners

Leading the pack was Orion Metals (ASX:ORM), climbing from 0.008 cents to 0.2 cents on the back of a quarterly of and annual report released on Thursday — good enough for a gain of 150 per cent.

And any reader with half an eye on resources would have known that gold stocks had a great session to end the week, after the gold prices in AUD terms pushed above $2,000 for the first time ever.

Here are the best performing ASX small cap stocks for June 17-21:

Ticker Name Price last Friday Price this Friday % change Market Cap
ORM ORION METALS LTD 0.008 0.020 150 $9,561,949
AHK ARK MINES LTD 0.007 0.013 86 $664,683
LCY LEGACY IRON ORE 0.003 0.005 67 $5,873,056
OKR OKAPI RESOURCES 0.100 0.165 65 $4,464,572
STN SATURN METALS LT 0.215 0.335 56 $20,683,930
CHK COHIBA MINERALS 0.009 0.014 56 $8,639,985
TOM TOMIZONE LTD 0.002 0.003 50 $1,275,602
TMX TERRAIN MINERALS 0.002 0.003 50 $1,931,196
RXH REWARDLE HOLDING 0.004 0.006 50 $3,157,929
RCP REDBANK COPPER L 0.010 0.014 40 $1,637,606
BOT BOTANIX PHARMACE 0.130 0.180 39 $158,491,280
EQE EQUUS MINING LTD 0.008 0.011 38 $9,870,045
POD PODIUM MINERALS 0.067 0.092 37 $8,801,177
DCN DACIAN GOLD LTD 0.440 0.610 37 $133,170,904
RMG RMG LTD 0.011 0.015 36 $9,237,973
BRN BRAINCHIP HOLDIN 0.069 0.094 36 $82,936,848
UWL UNITI WIRELESS L 1.310 1.760 34 $249,222,736
DRE DREADNOUGHT RESO 0.003 0.004 33 $4,437,926
AKN AUKING MINING LT 0.002 0.002 33 $1,398,876
GLV GLOBAL VANADIUM 0.002 0.002 33 $2,829,480
AZI ALTA ZINC LTD 0.003 0.004 33 $7,286,537
ABL ABILENE OIL AND 0.003 0.004 33 $1,590,457
1ST 1ST GROUP LTD 0.049 0.065 33 $21,678,554
MOY MILLENNIUM MINER 0.059 0.078 32 $58,818,312
OKU OKLO RESOURCES L 0.125 0.165 32 $55,002,512
E25 ELEMENT 25 LTD 0.174 0.230 31 $20,679,136
LSH LIFESPOT HEALTH 0.069 0.090 30 $6,981,181
FIN FIN RESOURCES LT 0.010 0.013 30 $3,791,988
BCN BEACON MINERALS 0.020 0.026 30 $62,819,664
MPW MSL SOLUTIONS LT 0.100 0.130 30 $32,479,248
ANR ANATARA LIFESCIE 0.200 0.260 30 $12,600,375
PVL POWERHOUSE VENTU 0.050 0.065 30 $1,905,262
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Last week’s losers

The market lost faith that Avenira (ASX:AEV) has funding secured, as the share price slumped 54 per cent last week before hitting a trading halt.

The phosphate miner has been waiting on $11m-14m worth of funding to keep the wheels spinning and hopes to have some news to share this morning.

These were the worst performing ASX small cap stocks for June 17-21:

Ticker Name Price last Friday Price this Friday % change Market Cap
PCL PANCONTINENTAL 0.002 0.0015 -25 $8,110,073.00
GPP GREENPOWER ENERG 0.002 0.0015 -25 $3,886,414.25
MLS METALS AUSTRALIA 0.002 0.0015 -25 $5,854,395.50
SRN SUREFIRE RESOURC 0.004 0.003 -25 $1,509,460.88
SMI SANTANA MINERALS 0.004 0.003 -25 $2,025,598.50
UNL UNITED NETWORKS 0.016 0.012 -25 $1,509,899.38
AVW AVIRA RESOURCES 0.004 0.003 -25 $3,000,000.00
CUX CROSSLAND STRATE 0.008 0.006 -25 $6,069,878.50
RIM RIMFIRE PAC MNG 0.004 0.003 -25 $3,208,854.25
JPR JUPITER ENERGY L 0.015 0.011 -27 $1,687,154.63
IDZ INDOOR SKYDIVING 0.015 0.011 -27 $1,503,661.63
NME NEX METALS EXPLO 0.015 0.011 -27 $2,120,220.75
ADR ADHERIUM LTD 0.036 0.026 -28 $4,342,399.00
GME GME RESOURCES LT 0.06 0.043 -28 $21,768,446.00
MQR MARQUEE RESOURCE 0.135 0.096 -29 $4,231,684.00
KKL KOLLAKORN CORP L 0.017 0.012 -29 $2,517,326.25
IBN IBUYNEW GROUP LT 0.026 0.018 -31 $457,663.59
GCR GOLDEN CROSS RES 0.026 0.018 -33 $1,829,200.13
MGT MAGNETITE MINES 0.006 0.004 -33 $3,194,599.25
RNX RENEGADE EXPLORA 0.003 0.002 -33 $1,425,253.25
XST XSTATE RESOURCES 0.003 0.002 -33 $2,280,981.75
AUH AUSTCHINA HOLDIN 0.006 0.004 -33 $4,461,540.00
EER EAST ENERGY RESO 0.003 0.002 -33 $6,401,974.00
FAM FAMILY INSIGHTS 0.0015 0.001 -33 $2,500,000.00
SAN SAGALIO ENERGY L 0.003 0.002 -33 $409,320.25
OLV OTHERLEVELS HOLD 0.011 0.007 -36 $2,007,889.75
KTE K2 ENERGY LTD 0.011 0.007 -36 $2,104,600.00
OLH OLDFIELDS HLDGS 0.055 0.035 -36 $2,876,167.00
CLA CELSIUS RESOURCE 0.064 0.038 -41 $28,774,288.00
FRX FLEXIROAM LTD 0.027 0.016 -41 $3,873,335.25
SIV SILVER CHEF LTD 0.0595 0.3 -50 $13,940,110.00
PSM PENINSULA MINES 0.004 0.002 -50 $1,985,744.13
AEV AVENIRA LTD 0.013 0.006 -54 $6,351,769.50
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