Rise and Shine: What you need to know before the ASX opens

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On Stockhead today, the IPO market has finally begun to boom in 2019, who’s rocking the phosphate game right now, and Barry FitzGerald podcasts with DevEx Resources MD Brendan Bradley about Thai gold projects, Coronation Hill lookalikes and the joys of uranium.

But first:

The day ahead

There’s no key data out locally, while across the Tasman the Reserve Bank of New Zealand will makes its monetary policy announcement. Markets are forecasting the RBNZ to keep rates on hold at 1.5 per cent.

Company news

There’s a big lineup of company news, with no less than 19 stocks scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Wednesday:

Bionomics (ASX: BNO) – clinical trial results
Superior Lake Resources (ASX: SUP) – capital raising
Arrow Minerals (ASX: AMD) – capital raising
Rimfire Pacific Mining (ASX: RIM) – capital raising
Indiana Resources (ASX: IDA) – capital raising
Archer Exploration (ASX: AXE) – development update

Thursday:

Impedimed (ASX: IPD) – capital raising
Speciality Metals (ASX: SEI) – capital raising
Genex Power (ASX: GNX) – capital raising
Oakdale Resources (ASX: OAR) – acquisition
Discovery Africa (ASX: DAF) – legal proceedings
BrainChip Holdings (ASX: BRN) – contract and capital raising
Emerald Resources (ASX: EMR) – capital raising
Sandfire Resources (ASX: SFR) – acquisition
Infinity Lithium (ASX: IFR) – capital raising
Alliance Coal (ASX: AHQ) – investment review
MOD Resources (ASX: MOD) – change of control transaction
Wattle Health (ASX: WHA) – proposed acquisition
Animoca Brands (ASX: AB1) – proposed transaction

Markets

Gold: $US1,424.35 ($2,046.22) +0.30%

Silver: $US15.37 -0.39%

Oil (Brent): $US65.62 +1.36%

Oil (WTI): $US58.62 +1.38%

Coal: $US69.90 -1.58%

Iron ore 62pc fe: $US108.99 +1.35%

AUD/USD: $US0.6961 -0.03%

What got you talking yesterday

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Monday, June 24:

Close Top 5 #MostDiscussedStocks: $AJM $NUH $GXY $KZA $BRN #asx #ausbiz https://t.co/xOFzWmkzay

— HotCopper (@HotCopper) June 25, 2019

Yesterday’s winners

Junior lithium explorer PepinNini Lithium Ltd (ASX:PNN) had a big jump, one day after announcing the appointment of geologist James Allchurch as a new director.

And clean-tech company Eden Innovations (ASX: EDE) also jumped more than 70 per cent, after announcing that its enviro-friendly concrete mixture EdenCrete was included in construction plans by the City of Denver Public Works Department.

Here are the best performing ASX small cap stocks for Tuesday, June 25:

Yesterday’s losers

Bringing up the tail, there was the usual round of falls among penny stocks in the resources energy sectors, with six stocks trading below the one-cent mark all ticking lower by 30 per cent or more.

Here are the worst performing ASX small cap stocks for Tuesday, June 25:

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