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.



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

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Kava/ CBD supplement company Calmer Co. (ASX:CCO) says ecommerce sales are up 45% to $16,000 per day in May, with sales via major Aussie supermarket Coles also continuing to grow.

THC-infused beverage stock Althea Group (ASX:AGH) says it will make revenues of $50-60m in FY25, which translates to EBITDA of $4-7m.

Metallurgical test work indicates a high grade 68.3% iron grade magnetite concentrate is readily achievable just through simple, low cost grinding at Magnum Mining & Exploration’s (ASX:MGU) Buena Vista project in Nevada.

And clinical stage biotech PharmAust (ASX:PAA) says updated analysis indicates its drug monepantel (MPL) continued to slow the rate of disease progression in patients with MND/ALS.

“These results provide an exciting backdrop ahead of the anticipated commencement of the pivotal adaptive Phase 2/3 STRIKE study in H2 2024,” MD Dr Mike Thurn says.

Amongst the larger winners was $9.5bn capped Treasury Wine Estates (ASX:TWE), which reaffirmed FY24 EBITS (earnings before interest and tax) guidance at an investor day in California.



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

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