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Top 10 at 10: A $5.5m windfall and some positive guidance (for once)

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Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading.

 

WINNERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Code Description Last % Volume MktCap
ION Iondrive Limited 0.009 29% 643,290 $3,403,997
DXN DXN Limited 0.041 28% 227,776 $5,916,459
GAS State GAS Limited 0.15 25% 478,652 $32,907,215
PUR Pursuit Minerals 0.005 25% 152,016 $11,775,886
OSX Osteopore Limited 0.095 23% 2,945,118 $8,389,522
AXN Alliance Nickel Ltd 0.076 21% 4,779,970 $45,727,896
CRS Caprice Resources 0.036 20% 3,069,199 $6,702,608
MCT Metalicity Limited 0.003 20% 1,000,000 $11,212,737
POS Poseidon Nick Ltd 0.006 20% 1,050,118 $18,567,674
MXO Motio Ltd 0.02 18% 916,510 $4,559,372
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Project developer State Gas (ASX:GAS) is awarded $5.5m from the Queensland Government’s Frontier Gas Exploration grants program.

The cash will be used to define gas resources and reserves at the Rolleston West coal seam gas (CSG) project.

Advertising firm Motio (ASX:MXO) says it remains on target for its financial year revenue goal of between $7.7m – $8.2m.

This week has also been the largest forward media booking week since MXO’s inception, “providing confidence as the company enters FY25”.

 

LOSERS

Stocks highlighted in yellow made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap
RMX Red Mount Min Ltd 0.001 -33% 619,000 $4,010,364
SI6 SI6 Metals Limited 0.002 -33% 419,000 $7,106,578
EDE Eden Inv Ltd 0.0015 -25% 1,050,000 $7,356,542
ERL Empire Resources 0.003 -25% 1,178,618 $5,935,653
NRZ Neurizer Ltd 0.002 -20% 19,686,527 $4,132,948
BKG Booktopia Group 0.052 -17% 2,420 $14,376,921
LRL Labyrinth Resources 0.005 -17% 174 $7,125,262
HLX Helix Resources 0.003 -14% 18,301 $8,131,010
KOR Korab Resources 0.006 -14% 11,785 $2,569,350
RDS Redstone Resources 0.003 -14% 22,727 $3,238,825
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