Top 10 at 10: It is a Friday frenzy for this flock of ASX stocks

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 commenced trading.

 

WINNERS

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

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Junior explorer GBM Resources (ASX:GBZ) has inked a $25m farm in agreement with gold giant Newcrest (ASX:NCM) over GBZ’s 330,000oz Mount Coolon project in the Drummond Basin of QLD.

NCM can acquire up to 75% of Mount Coolon by spending up to $25m and completing a series of exploration milestones over six years.

 

LOSERS

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

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Nelson Resources (ASX:NES) will raise up to $1.47m at 0.5c per share – a big 50% discount to the 5-day volume weight average price.

Coal producer Bowen Coking Coal (ASX:BCB) has raised $85m at 30c per share, a 20% discount to the last trading price.