Top 10 at 10: A record $45m contract for Janison, Nick Scali beats guidance

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 have made market-moving announcements (click headings to sort).

Security	Description	Last	%	Volume	MktCap
JAN	Janison Education Group	0.38	49%	609,868	$65,178,741
ACS	Accent Resources NL	0.01	43%	1	$3,311,891
MHC	Manhattan Corp Ltd	0.004	33%	667,500	$8,810,939
ESR	Estrella Res Ltd	0.005	25%	2,182,222	$7,037,487
RHY	Rhythm Biosciences	0.185	23%	66,141	$33,171,388
MKG	Mako Gold	0.029	21%	7,356,332	$15,897,826
CCZ	Castillo Copper Ltd	0.006	20%	3,500	$6,497,527
ADD	Adavale Resource Ltd	0.007	17%	596,107	$4,867,033
AL8	Alderan Resource Ltd	0.0035	17%	3,000,000	$3,320,584
VAL	Valor Resources Ltd	0.0035	17%	541,429	$12,520,004

Janison Education Group (ASX:JAN) inked a 5 year, ~$45m deal with the NSW Department of Education to deliver the state’s selective education placement tests via Janison’s digital assessment platform.

This is the largest contract signed in the company’s history.

Furniture retailer Nick Scali (ASX:NCK) today reported its results for the half year ended 31 December 2023, with a net profit after tax of $43.0m, slightly above the $40-42m guidance provided at the October 2023 Annual General Meeting.

This is still down 29% on HY23.

The company declared a fully franked interim dividend of 35 cents per share, with a record date of the 5 March 2024 and a payment date of 26 March 2024.

This represents a payout ratio of 66% (H1 FY23: 53.5%).

LOSERS

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

Security	Description	Last	%	Volume	MktCap
KPO	Kalina Power Limited	0.003	-25%	80,002	$8,840,512
CRS	Caprice Resources	0.02	-23%	7,937	$5,808,927
BOC	Bougainville Copper	0.56	-20%	100,489	$280,743,750
CTO	Citigold Corp Ltd	0.004	-20%	10,000	$15,000,000
SI6	SI6 Metals Limited	0.004	-20%	966,280	$9,969,297
AMM	Armada Metals	0.024	-17%	90,000	$6,032,000
BVR	Bellavista Resources	0.1	-17%	75,151	$5,953,317
IEC	Intra Energy Corp	0.0025	-17%	7,117,258	$4,982,345
EEL	Enrg Elements Ltd	0.011	-15%	10,000	$13,129,545
MTL	Mantle Minerals Ltd	0.003	-14%	129,411	$21,691,060