On Stockhead today – the final wrap from Diggers and Dealers, the feds are finally on board with legal pot, and investors want ASIC to find some backbone.

But first here’s what you need to know.

 

The day ahead

If there’s one thing we can be certain of — there will be hangovers galore about 600km east of Perth, with Diggers & Dealers wrapping up yesterday (much to the delight of our intrepid resources journalist, Reuben Adams).

Companies due to release earnings today include Carpentaria Resources (ASX:CAP) as well as Crown; will there be any reference to the recent allegations?

The following companies are expected to come out of trading halts in the next 48 hours:

Thursday: 

Jatenergy (ASX: JAT) – acquisition

Ironbark Zinc (ASX: IBG) – result of case hearing with Glencore

Impression Healthcare (ASX: IHL) – supply agreement

Freedom Oil and Gas (ASX: FDM) – capital raising

Broo (ASX: BEE) – supply agreement

Rural Funds Group (ASX: RFF) – response to Bonitas’ allegations

Friday:

MEC Resources (ASX: MMR) – legal disputes

BPH Energy (ASX: BPH) – legal disputes

 

Markets

Gold: $US1,501.23 ($2,219.87) +1.83%

Silver: $US17.06 +3.98%

Oil (Brent): $US57.24 -2.68%

Oil (WTI): $US52.21 -2.44%

Coal: $US72.80 -0.55%

Iron ore 62pc fe: $US99.51 -0.83%

AUD/USD: $US0.6763 +0.09%

 

What got you talking yesterday

These were the five most discussed stocks among ASX investors on Tuesday August 6:

$BOT – Botanix

$GXY – Galaxy Resources

$AUZ – Australian Mines

$RFF – Rural Funds Group

$PLS – Pilbara Metals

We have a Small Cap Facebook group where you can discuss market moving events such as these. If you wish to join you can apply here.

Yesterday’s winners

Yesterday was all about Opthea’s (ASX:OPT) trial results — read our coverage here.

Code Name Price % Chg Market Cap Volume
OPT Opthea Ltd 2.06 +138.15% $513.8M 8.6M
ICU iSentric Ltd 0.012 +71.43% $2.2M 250.0k
FRX Flexiroam Ltd 0.03 +70.00% $8.2M 621.4k
TMX Terrain Minerals Ltd 0.005 +66.67% $3.2M 6.4M
CLZ Classic Minerals Ltd 0.0015 +50.00% $6.3M 6.3M
MZN Marindi Metals Ltd 0.0015 +50.00% $4.5M 2.3M
OEX Oilex Ltd 0.003 +50.00% $7.8M 2.2M
UTR Ultracharge Ltd 0.003 +50.00% $3.2M 2.1M
LML Lincoln Minerals Ltd 0.007 +40.00% $4.0M 400.0k
SBR Sabre Resources Ltd 0.007 +40.00% $3.3M 75.6M
SRN Surefire Resources NL 0.007 +40.00% $3.5M 10.9M
AOA Ausmon Resources Ltd 0.004 +33.33% $2.2M 250.0k
DRE Dreadnought Resources Ltd 0.004 +33.33% $5.9M 432.7k
GPP Greenpower Energy Ltd 0.002 +33.33% $4.0M 250.0k
GTE Great Western Exploration Ltd 0.004 +33.33% $5.0M 14.0M
NAE New Age Exploration Ltd 0.004 +33.33% $3.6M 3.2M
PNN PepinNini Lithium Ltd 0.004 +33.33% $5.0M 34.6k
WBE Whitebark Energy Ltd 0.008 +33.33% $15.7M 2.5M
AVC Auctus Alternative Investments 0.34 +33.33% $11.6M 79.7k
SKY Sky Metals Ltd 0.08 +31.15% $20.4M 2.1M

Yesterday’s losers

Code Name Price % Chg Market Cap Volume
APG Austpac Resources NL 0.001 -50.00% $2.9M 500.0k
AKN Auking Mining Ltd 0.001 -50.00% $933K 260.0k
GLV Global Vanadium Ltd 0.002 -33.33% $5.7M 2.6M
EMP Emperor Energy Ltd 0.002 -33.33% $2.3M 2.1M
MCT Metalicity Ltd 0.007 -30.00% $4.4M 14.1M
HOR Horseshoe Metals Ltd 0.01 -28.57% $1.9M 12.0k
SVA Simavita Ltd 0.013 -27.78% $5.4M 378.2k
MSR Manas Resources Ltd 0.003 -25.00% $7.9M 2.5M
MHC Manhattan Corp Ltd 0.003 -25.00% $2.2M 2.9M
DTR Dateline Resources Ltd 0.003 -25.00% $24.4M 33.7M
ALT Analytica Ltd 0.003 -25.00% $10.6M 1.5M
PPY Papyrus Australia Ltd 0.007 -22.22% $1.6M 176.0k
SI6 Six Sigma Metals Ltd 0.007 -20.00% $2.2M 4.2M
RNX Renegade Exploration Ltd 0.005 -16.67% $1.8M 1.3M
PWN Parkway Minerals NL 0.005 -16.67% $3.2M 210.3k
PBX Pacific Bauxite Ltd 0.005 -16.67% $2.0M 845.6k
CIO Connected IO Ltd 0.005 -16.67% $9.1M 14.6M
GTR GTI Resources Ltd 0.015 -16.67% $2.8M 70.0k

There you have it – all you need to know.