Top 10 at 10: Anyone know why Mobilicom just rocketed 425pc?
Stockhead’s Top 10 at 10, published at ~10.30am 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).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MOB | Mobilicom Ltd | 0.042 | 425% | 7,498,976 | $10,613,414 |
| MTL | Mantle Minerals Ltd | 0.0015 | 50% | 232,712 | $6,147,446 |
| KEY | KEY Petroleum | 0.002 | 33% | 2,506,685 | $2,951,892 |
| TYM | Tymlez Group | 0.004 | 33% | 37,500 | $3,276,586 |
| MRD | Mount Ridley Mines | 0.0025 | 25% | 2,787,166 | $15,569,766 |
| TMX | Terrain Minerals | 0.006 | 20% | 2,861,420 | $5,415,997 |
| KZA | Kazia Therapeutics | 0.165 | 18% | 19,175 | $31,924,076 |
| BAS | Bass Oil Ltd | 0.14 | 17% | 373,237 | $32,207,333 |
| CHK | Cohiba Min Ltd | 0.0035 | 17% | 1,740,723 | $6,339,733 |
| OAR | OAR Resources Ltd | 0.0035 | 17% | 5,285,651 | $7,713,114 |
Small cybersecurity and drone stock Mobilicom (ASX:MOB) yesterday announced a commercial scale purchase order from one of its Tier-1 customers, Teledyne-FLIR (NYSE:TDY), for 120 of Mobilicom’s SkyHopper PRO datalink systems.
Delivery of the SkyHopper PRO systems to Teledyne-FLIR under this purchase order is expected during 2023. Estimated revenues from the deal were not released.
The stock, which is also listed in the under NASDAQ:MOB, saw some heavy trading overnight in the US.
MOB spiked 425% at the ASX open before going into a trading halt.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AXP | AXP Energy Ltd | 0.001 | -33% | 583,333 | $8,737,021 |
| CLE | Cyclone Metals | 0.001 | -33% | 251 | $15,396,757 |
| DRA | DRA Global Limited | 1.3 | -30% | 1,745 | $101,095,041 |
| HTG | Harvest Tech Grp Ltd | 0.037 | -21% | 146,626 | $29,695,513 |
| RML | Resolution Minerals | 0.004 | -20% | 60,000 | $6,286,459 |
| ADD | Adavale Resource Ltd | 0.024 | -14% | 4,206,123 | $14,558,701 |
| AOA | Ausmon Resorces | 0.003 | -14% | 710,000 | $3,392,513 |
| AVM | Advance Metals Ltd | 0.006 | -14% | 950,000 | $4,119,911 |
| DTC | Damstra Holdings | 0.1 | -13% | 99,989 | $29,635,085 |
| CCZ | Castillo Copper Ltd | 0.007 | -13% | 551,146 | $10,396,043 |
Harvest Technology Group (ASX:HTG) raised $2.1m via placement at $0.037 per share, representing a discount of 21.3% to the last closing price.
A share purchase plan will be launched to raise another $1m from existing shareholders at the same price.
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