On Stockhead today, Which ASX small cap IPOs were the best gainers in 2020? and, Which US stocks stand to benefit from a Joe Biden presidency?

But first…

 

The day ahead

After finishing Thursday with their worst trading performance since Christmas, Australian share markets will be under the spotlight, Friday.

The All Ordinaries index of ASX shares closed 2 per cent lower on-day, Thursday, at 6,917 points.

Readers from Sydney with an affection for croissant may want to get down to Parramatta Square on Friday.

A group of pastry chefs will be attempting to make the largest version of the French flaky pastry to celebrate National Croissant Day.

The pastry chefs’ puffed-up version of the croissant will weight about 1.2 kg.

 

 

TRADING HALTS

The following companies are in trading halts and are expected to exit over the next two trading days:

 

Friday: 

Mithril Resources (ASX:MTH) – capital raising

Range International (ASX:RAN) – capital raising

Triangle Energy (ASX:TEG) – capital raising

Lachlan Star (ASX:LSA) – capital raising

Key Petroleum (ASX:KEY) – asset disposal

 

Monday: 

4DS Memory (ASX:4DS) – wafer manufacture update

Indiana Resources (ASX:IDA) – capital raising

MRG Metals (ASX:MRQ) – capital raising

Primewest (ASX:PWG) – capital raising

Revasum (ASX:RVS) – capital raising

Micro-X (ASX:MX1) – capital raising

 

MARKETS

Gold: $US1,844.54 ($2,449.72) (+0.03%)

Silver: $US26.40 ($34.32) (+4.67%)

Oil (WTI): $US52.33 (-0.98%)

Oil (Brent): $US55.53 (-0.48%)

Coal: $US88.63 (+1.82%)

Iron 62pc Fe: $US168.63 (-0.37%)

AUD/USD: $US0.7694 (+0.44%)

Bitcoin: $US32,627.52 (+5.92%)

 

What got you talking Thursday

The rolling tug-of-war between short sellers and long holders of US gaming shop stock GameStop (NYSE:GME) took an interesting turn Thursday.

Some investors appear to have confused the US retro computer games retailer with an ASX battery metals company with the same stock ticker.

GME Resources’ share price went up a hefty 40 per cent Thursday without any fresh announcement to the ASX.

Investors that plunged into the ASX metals stock may be hoping for the sort of returns conjured up by GameStop in the US.

The US retailer rallied $US200 per share or 135 per cent in Wednesday US trade.

 

Rise and Shine
Traders have dedicated hundreds of memes to US gaming shop GameStop. Image: Getty

 

 

To keep up to date with Stockhead coverage, follow our Twitter page or sign up to our members-only Facebook group here.

Also, be sure to check in at 10.20am each day for our daily 10 at 10 column — a live summary of winners & losers at the opening bell.

 

Yesterday’s winners

Stocks highlighted in yellow made market moving announcements
Code Company Price % Volume MktCap
AYM Australia United Min 0.015 114 20809126 12898042.4
QXR Qx Resources Limited 0.028 56 28644742 9607721.796
MNS Magnis Energy Tech 0.375 50 71672446 182501493.5
MRD Mount Ridley Mines 0.005 43 55809033 13598245.65
KGD Kula Gold Limited 0.06 40 3799431 6699642.176
HWK Hawkstone Mng Ltd 0.054 38 348602593 58951368.14
BUY Bounty Oil & Gas NL 0.047 34 102777766 38374034.37
DTR Dateline Resources 0.0025 25 170000 16420156.15
JDR Jadar Resources 0.047 24 60153247 24642394.74
BUB Bubs Aust Ltd 0.745 23 12828120 370729225.9
DDT DataDot Technology 0.008 23 4189848 8072151.529
LNY Laneway Res Ltd 0.008 23 10559439 24537928.56
FSG Field Solu Hldgs Ltd 0.053 20 23851937 23484529.77
VIA Viagold Rare Earth 0.042 20 500 2915934.14
ASN Anson Resources Ltd 0.125 19 79477191 91295362.41
SCU Stemcell United Ltd 0.019 19 15348038 13445130.53
KAU Kaiser Reef 0.485 18 5203239 39691425.14
PVL Powerhouse Ven Ltd 0.059 16 43813 3295796.766
CZNDA Corazon Ltd 0.075 15 3430211 10573417.21
RLT Renergen Limited 1.53 15 776356 22997917.11
ARD Argent Minerals 0.054 15 8991938 41131871.59
MGT Magnetite Mines 0.031 15 111965293 77121535.32

 

Yesterday’s losers

Code Company Price % Volume MktCap
BAS Bass Oil 0.001 -33 1350010 $ 5,013,210.14
ECT Env Clean Tech 0.001 -33 300000 $ 14,401,549.18
KMT Kopore Metals 0.019 -32 18289870 $ 18,000,889.20
ANW Aus Tin Mining 0.0015 -25 57053258 $ 10,180,025.74
AO1 Assetowl 0.006 -25 2164671 $ 3,923,428.94
MQR Marquee Resource 0.063 -22 8934648 $ 8,497,718.26
PWNCA Parkway Minls NL 0.011 -21 2024676 $ 3,452,409.00
ADY Admiralty Resources 0.012 -20 2654611 $ 17,387,020.49
STN Saturn Metals 0.45 -18 792790 $ 59,655,480.50
AQI Alicanto Min 0.1 -17 1433260 $ 39,230,095.32
BOC Bougainville Copper 0.45 -17 85984 $ 216,573,750.00
MLS Metals Australia 0.0025 -17 19893777 $ 12,572,710.73
NTL New Talisman Gold 0.005 -17 2139054 $ 16,753,352.18
ROG Red Sky Energy 0.0025 -17 5451221 $ 7,295,766.59
VMG VDM Group 0.0025 -17 20500 $ 20,782,982.86
WSA Western Areas 2.46 -17 6990247 $ 811,447,664.75
LIO Lion Energy 0.031 -16 612660 $ 7,673,866.23
QEM QEM 0.105 -16 530044 $ 12,500,000.00
EME Energy Metals 0.16 -16 12817 $ 39,839,829.28
BAT Battery Minerals 0.033 -15 51122891 $ 79,609,668.10
THR Thor Mining PLC 0.017 -15 9316934 $ 9,041,539.60