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

Picture: Getty Images
On Stockhead today, why the ASX thinks the tech IPO story has further to run, McKinsey & Co say private equity needs to get more entrepreneurial and while low interest rates might make wealth creation harder, it’s not impossible, experts say.
But first:
The day ahead
Just one more day until the AFL Grand Final!! It is a public holiday in Victoria today.
Speeches from the Bank of England and European Central Bank could move global markets today.
The following companies are in trading halts or suspensions and are expected to exit within the next two business days:
Today:
Calix (ASX:CXL) – capital raise
Canyon Resources (ASX:CAY) – resource update
De.Mem (ASX:DEM) – capital raise
Corum Group (ASX:COO) – capital raise
Hot Copper (ASX:HOT) – acquisition
Monday:
Inca Minerals (ASX:IGA) – capital raising
EVE Investments (ASX:EVE) – capital raising
Lion Energy (ASX:LIO) – farm out process update
Deve Resources (ASX:DEV) – capital raising
New World Cobalt (ASX:NWC) – capital raising
Bigtincan (ASX:BTH) – capital raising
Buxton Resources (ASX:BUX) – consolidating transactions on tenements
Andromeda Metals (ASX:ADN) – scoping study results
Exore Resources (ASX:ERX) – capital raising
Markets
Gold: US$1,509.85 (+0.20%)
Silver: US$17.93 (+0.03%)
Oil (WTI): US$56.37 (-0.39%)
Oil (Brent): US$62.26 (-0.29%)
Coal: US$68.10 (-1.26%)
Iron ore 92pc Fe: US$92.97 (-0.26%)
AUD/USD: 67.56c (+0.07%)
Bitcoin: US$8,372.00 (+0.42%)
What got you talking yesterday
The ‘weaponisation’ of rare earths in the ongoing US/China trade war has triggered a fresh wave of global investment interest in Australian miners and explorers. https://t.co/H6bp6xQcol #ad #asx $ARU
— Stockhead (@StockheadAU) September 26, 2019
People were discussing hydrogen, on the back of a state government push for the gas, on our small and micro cap Facebook chat group. Click through to join for a daily recap of our best stories and plenty of small cap discussion.
These were the five most-tipped stocks (weekly) on Stocks in Play:

This was the movement among ASX sectors yesterday:
Energy -0.98%
Materials -0.70%
Industrials +0.02%
Consumer discretionary -0.18%
Consumer staples -0.07%
Healthcare -1.04%
Financial -0.31%
IT -0.37%
Communication services -1.72%
Utilities -1.48%
ASX small ords -0.12%
ASX 200 -0.49%
Yesterday’s winners
Code | Name | Price | % Chg | Mkt cap | Vol |
---|---|---|---|---|---|
SVY | Stavely Minerals Ltd | 0.88 | 266.67% | $161.3M | 20.13M |
VIC | Victory Mines | 0.002 | 50.00% | $1.5M | 910.00K |
AKN | Auking Mining | 0.003 | 50.00% | $1.9M | 6.26M |
ID8 | Identitii | 0.56 | 51.35% | $30.0M | 117.28K |
BNO | Bionomics | 0.083 | 43.10% | $45.8M | 38.08M |
NBL | Navarre Minerals | 0.11 | 34.15% | $50.0M | 17.88M |
DTM | Dart Mining NL | 0.008 | 33.33% | $6.1M | 5.84M |
KTA | Krakatoa Resources Ltd | 0.03 | 30.43% | $4.0M | 3.17M |
JXT | Jaxsta | 0.28 | 27.27% | $50.9M | 562.24K |
TYX | Tyranna Resources | 0.005 | 25.00% | $3.8M | 1.69M |
AER | Aeeris Ltd | 0.13 | 23.81% | $6.3M | 327.78K |
FXL | Flexigroup | 2.405 | 22.70% | $773.0M | 6.19M |
IDA | Indiana Resources | 0.03 | 20.00% | $3.7M | 758.64K |
CTO | Citigold Corporation | 0.006 | 20.00% | $12.0M | 1.15M |
GLV | Global Vanadium | 0.003 | 20.00% | $9.4M | 60.77M |
NAG | Nagambie Mining Ltd | 0.065 | 18.18% | $28.0M | 263.07K |
LER | Leaf Resources Ltd | 0.039 | 18.18% | $12.8M | 25.23K |
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