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Top 10 at 10: Banana recycler slides into big contract win
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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).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| PPY | Papyrus Australia | 0.02 | 82% | 1,563,978 | $5,419,619 |
| 1MC | Morella Corporation | 0.003 | 50% | 1,374,500 | $12,357,599 |
| ME1 | Melodiol Global Health | 0.003 | 50% | 90,085 | $1,646,275 |
| VPR | Volt Power Group | 0.0015 | 50% | 601,419 | $10,716,208 |
| MQR | Marquee Resource Ltd | 0.018 | 38% | 3,652,324 | $5,373,997 |
| 88E | 88 Energy Ltd | 0.0025 | 25% | 2,042,022 | $57,785,344 |
| IVX | Invion Ltd | 0.005 | 25% | 90,000 | $25,698,129 |
| NRZ | Neurizer Ltd | 0.0025 | 25% | 93,000 | $3,804,841 |
| TAS | Tasman Resources Ltd | 0.005 | 25% | 400,000 | $2,850,677 |
| TMR | Tempus Resources Ltd | 0.005 | 25% | 110,000 | $2,923,995 |
Papyrus Australia Limited (ASX:PPY) — which makes fibre, fertiliser and food packaging out of banana waste — signed two contracts worth US$1.7m with the Egyptian Government’s National Authority for Military Production (MP).
Marquee Resources (ASX:MQR) inked an option to buy a gold and silver project in Sardinia, Italy, called Sa Pedra Bianca.
The project covers a large portion of the old Osilo project, which contained a non-JORC resource of 1.65Mt @ 7.06 g/t gold and 29.7 g/t silver for a total of 376,140oz gold and 1.58Moz silver.
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
| Security | Description | Last | % | Volume | MktCap |
|---|---|---|---|---|---|
| GCR | Golden Cross | 0.002 | -33% | 32000 | $3,291,768 |
| SIH | Sihayo Gold Limited | 0.002 | -33% | 250000 | $36,612,769 |
| AMD | Arrow Minerals | 0.003 | -25% | 389272 | $40,557,460 |
| LNU | Linius Tech Limited | 0.0015 | -25% | 705900 | $11,093,481 |
| ADY | Admiralty Resources | 0.008 | -20% | 1531131 | $16,294,739 |
| AUK | Aumake Limited | 0.002 | -20% | 1500000 | $4,786,017 |
| HCT | Holista CollTech Ltd | 0.008 | -20% | 1272068 | $2,788,001 |
| ICU | Investor Centre Ltd | 0.008 | -20% | 424553 | $3,045,113 |
| MTL | Mantle Minerals Ltd | 0.002 | -20% | 125000 | $15,493,615 |
| ROG | Red Sky Energy. | 0.004 | -20% | 20383 | $27,111,136 |
