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Top 10 at 10: Takeover targets fly, WA1 Resources up 950% in less than a week
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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 |
|---|---|---|---|---|---|
| PTG | Proptech Group | 0.56 | 107% | 605,600 | $36,189,216 |
| ARO | Astro Resources NL | 0.004 | 33% | 500,000 | $14,679,801 |
| PRM | Prominence Energy | 0.002 | 33% | 275,805 | $3,636,913 |
| CAV | Carnavale Resources | 0.006 | 20% | 150,000 | $13,667,759 |
| ROO | Roots Sustainable | 0.003 | 20% | 166,681 | $2,288,582 |
| WA1 | Wa1Resourcesltd | 1.48 | 19% | 1,549,408 | $36,003,409 |
| AVM | Advance Metals Ltd | 0.013 | 18% | 77 | $5,256,651 |
| CTO | Citigold Corp Ltd | 0.007 | 17% | 60,180 | $17,001,955 |
| MCT | Metalicity Limited | 0.0035 | 17% | 197,231 | $10,476,118 |
| WHK | Whitehawk Limited | 0.07 | 15% | 582,338 | $13,891,210 |
Yesterday, PropTech Group (ASX:PTG) entered into Scheme Implementation Deed to be acquired by MRI, a global real state tech leader.
PropTech Group shareholders will be entitled to receive A$0.60 cash per share, a 131% premium to the last closing price.
And WA1 Resources (ASX:WA1) is up again in early trade. The explorer has now gained ~950% since announcing a niobium-REE discovery mid last week.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| DXN | DXN Limited | 0.004 | -50% | 8,108,762 | $13,770,519 |
| GGX | Gas2Grid Limited | 0.001 | -33% | 8,000,000 | $6,087,153 |
| SFG | Seafarms Group Ltd | 0.01 | -23% | 1,350,506 | $62,875,789 |
| ZNO | Zoono Group Ltd | 0.12 | -23% | 857,939 | $25,873,409 |
| NTL | New Talisman Gold | 0.002 | -20% | 18,906 | $7,818,063 |
| JAT | Jatcorp Limited | 0.01 | -17% | 30,911,391 | $29,975,422 |
| TMG | Trigg Minerals Ltd | 0.048 | -16% | 725,115 | $9,690,801 |
| MOB | Mobilicom Ltd | 0.011 | -15% | 2,027,607 | $17,306,636 |
| UBI | Universal Biosensors | 0.24 | -14% | 1,600 | $59,316,442 |
| AQC | Auspaccoal Ltd | 0.24 | -13% | 53,800 | $95,510,512 |
