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Top 10 at 10: Big $$ deals, carmaker snaps up nickel-cobalt offtake
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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 |
|---|---|---|---|---|---|
| VPR | Volt Power Group | 0.002 | 100% | 150,200 | $10,716,208 |
| KPO | Kalina Power Limited | 0.015 | 36% | 808,129 | $16,667,154 |
| AHN | Athena Resources | 0.004 | 33% | 150,000 | $3,211,403 |
| AXN | Alliance Nickel Ltd | 0.125 | 32% | 2,978,438 | $61,038,097 |
| 4DX | 4Dmedical Limited | 1.06 | 25% | 1,630,869 | $250,631,727 |
| OPA | Optima Technology | 0.021 | 24% | 94,714 | $4,224,089 |
| CTO | Citigold Corp Ltd | 0.006 | 20% | 500,000 | $14,368,295 |
| HLX | Helix Resources | 0.006 | 20% | 51,719 | $11,615,729 |
| HGV | Hygrovest Limited | 0.066 | 20% | 106,818 | $12,647,469 |
| HLF | Halo Food Co. Ltd | 0.013 | 18% | 474,599 | $4,408,467 |
Clean-tech stock KALiNA Power’s (ASX:KPO) Alberta-based subsidiary KDP engages PricewaterhouseCoopers Corporate Finance to fund its project development business plan “and establish the mechanisms in which to raise debt and equity for its growing portfolio of projects”.
Project developer Alliance Nickel (ASX:AXN) enters a binding offtake and share subscription agreement with carmaker Stellantis relating to future offtake from the NiWest nickel cobalt project in WA.
The deal is for ~40% of future production for an initial 5-year term.
The car maker will also subscribe for $15m worth of shares at 18c per share, giving it a 11.5% stake in the company.
Respiratory imaging tech company 4DMedical (ASX:4DX) completes its first commercial XV LVAS scan at Harry S. Truman Memorial Veterans Hospital in the US.
And health and wellness stock Halo (ASX:HLF) secures a multi-million dollar deal with Fonterra, a leading global player in the dairy sector.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MTH | Mithril Resources | 0.001 | -50% | 100,000 | $6,526,180 |
| BAT | Battery Minerals Ltd | 0.003 | -25% | 37,504 | $13,427,769 |
| CAV | Carnavale Resources | 0.002 | -20% | 400,000 | $6,833,879 |
| HHI | Health House Int Ltd | 0.004 | -20% | 2,427,781 | $891,123 |
| ROO | Roots Sustainable | 0.008 | -20% | 2,259,456 | $866,017 |
| VAL | Valor Resources Ltd | 0.004 | -20% | 100,000 | $19,015,174 |
| DCL | Domacom Limited | 0.036 | -18% | 99,738 | $19,162,078 |
| BCT | Bluechiip Limited | 0.025 | -17% | 483,936 | $17,956,914 |
| MRL | Mayur Resources Ltd | 0.15 | -17% | 245,859 | $53,200,168 |
| ASP | Aspermont Limited | 0.016 | -16% | 320,000 | $46,190,656 |
