On Stockhead today, traps investors need to look out for in the record Aussie dollar gold price, how federal bureaucrats nearly crippled Australia’s heavy rare earths industry before it has even begun, and everything you need to know about online stockbroking platforms in Australia.

But first:

The day ahead

It’s a quiet schedule of data both in Australia and across the Asia region.

Looking abroad, Germany has June inflation data while the US has the third estimate of Q1 GDP along with initial jobless claims and the Kansas City Fed manufacturing index.

Company news

The following 13 companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

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
Infinity Lithium (ASX: INF) – capital raising
Wattle Health (ASX: WHA) – proposed acquisition
Animoca Brands (ASX: AB1) – proposed transaction

Friday:

Jervois Mining (ASX: JRV) – capital raising
Triton Minerals (ASX: TON) – capital raising and partnership
Rumble Resources (ASX: RTR) – results
Sun Resources (ASX: SUR) – capital raising

Markets

Gold: $US1406.63 ($2,014.03) -0.95%

Silver: $US15.25 -0.55%

Oil (Brent): $US66.37 +1.88%

Oil (WTI): $US59.27 +2.44%

Coal: $US69.50 -0.57%

Iron ore 62pc fe: $US107.93 -0.97%

AUD/USD: $US0.6984 +0.33%

What got you talking yesterday

Over on the Stockhead Facebook group chat, Nick Sundich’s post discussing whether established car makers have a competitive advantage over Tesla created a talking point.

“Cars are built from components, generally component manufacturers build to their spec and supply. So the expertise in building cars is not in the battery but the design and assembly line, and that is where Tesla is new,” group member Eric Frei commented.

“Therefore the existing manufacturers will win, hands down, and have a lot more techy cool gear to bolt in. Their supply chains are in place, their supply chain kept in the loop and tooling up.”

And these were the five most-discussed stocks on trading gossip forum HotCopper at close on Wednesday, June 26:

Yesterday’s winners

There weren’t many key developments of note among today’s winners, with Global Vanadium (ASX: GLV) doubling up while Property Connect Holdings (ASX: OLV) and Otherlevels Holdings (ASX: OLV) both climbed more than 40 per cent on no news.

Here are the best performing ASX small cap stocks for Wednesday, June 26:

Ticker Name Price % Chg Market Cap Volume
GLV Global Vanadium Ltd 0.002 +100.00% $5.7M 993.9k
PCH Property Connect Holdings Ltd 0.003 +50.00% $2.1M 5.0M
OLV Otherlevels Holdings Ltd 0.01 +42.86% $2.9M 13.2M
GTR GTI Resources Ltd 0.02 +33.33% $2.6M 28.8k
KGM KalNorth Gold Mines Ltd 0.004 +33.33% $3.6M 845.8k
VIC Victory Mines Ltd 0.003 +33.33% $2.7M 1.5M
FDM Freedom Oil and Gas Ltd 0.03 +31.82% $31.2M 3.9M
WWI West Wits Mining Ltd 0.009 +28.57% $7.1M 2.4M
MOY Millennium Minerals Ltd 0.12 +27.78% $102.5M 15.3M
BAS Bass Oil Ltd 0.0025 +25.00% $6.5M 1.9M
CL8 Collaborate Corp Ltd 0.01 +25.00% $7.2M 17.0M
NEW Norwest Energy NL 0.0025 +25.00% $469.0M 2.0M
QGL Quantum Graphite Ltd 0.0025 +25.00% $19.2M 1.3M
ROG Red Sky Energy Ltd 0.0025 +25.00% $3.1M 2.7M
TPD Talon Petroleum Ltd 0.0025 +25.00% $4.4M 101.6k
NET NetLinkz Ltd 0.14 +22.73% $202.2M 7.9M
TYM Tymlez Group Ltd 0.14 +20.83% $18.9M 103.0k
E2E Eon NRG Ltd 0.006 +20.00% $4.6M 6.6M
PPY Papyrus Australia Ltd 0.006 +20.00% $1.4M 489.9k
WRM White Rock Minerals Ltd 0.006 +20.00% $9.8M 2.6M
SDV SciDev Ltd 0.08 +20.00% $9.0M 76.2k
MBK Metal Bank Ltd 0.009 +20.00% $7.9M 2.2M

Yesterday’s losers

Leading the laggards was IT company Arq Group (ASX: ARQ), which fell sharply following an operational update which resulted in another earnings downgrade amid continued uncertainty about the prospective loss of a major client.

Here are the worst performing ASX small cap stocks for Wednesday, June 26:

Ticker Company Price ($) % Chg Volume Market Cap
ARQ ARQ Group Ltd 0.8 -38.46% $97.7M 6.8M
BNO Bionomics Ltd 0.04 -33.93% $20.2M 42.8M
IAM Intiger Group Ltd 0.001 -33.33% $1.7M 4.5M
GGX Gas2Grid Ltd 0.002 -33.33% $3.5M 525.0k
DTR Dateline Resources Ltd 0.002 -33.33% $15.9M 809.7k
CAD Caeneus Minerals Ltd 0.001 -33.33% $2.1M 1.1M
SOP Synertec Corp Ltd 0.03 -33.33% $6.2M 4.0M
AIY Authorised Investment Fund Ltd 0.04 -32.69% $14.8M 1.9M
PNN PepinNini Lithium Ltd 0.0025 -28.57% $3.1M 1.7M
AD1 ApplyDirect Ltd 0.01 -27.78% $5.5M 115.7k
SUP Superior Lake Resources Ltd 0.02 -26.92% $16.4M 2.7M
VAR Variscan Mines Ltd 0.0015 -25.00% $1.9M 13.5M
SBR Sabre Resources Ltd 0.003 -25.00% $1.2M 140.0k
RXH Rewardle Holdings Ltd 0.003 -25.00% $1.6M 216.0k
RIM Rimfire Pacific Mining NL 0.003 -25.00% $3.2M 856.6k
RFN Reffind Ltd 0.003 -25.00% $1.5M 1.9M
MSR Manas Resources Ltd 0.003 -25.00% $7.9M 20.0M
DRE Dreadnought Resources Ltd 0.003 -25.00% $3.3M 30.0k
AZI Alta Zinc Ltd 0.003 -25.00% $5.5M 1.9M
AVE Avecho Biotechnology Ltd 0.003 -25.00% $4.7M 414.3k
AUH AustChina Holdings Ltd 0.003 -25.00% $3.3M 251.3k
INV Investsmart Group Ltd 0.06 -23.75% $8.3M 150.9k