Top 10 at 10: These ASX stocks look super in early trade

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps 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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Lakes Blue Energy (ASX:LKO) says drilling of the Wellesley-2 well is at 1,475m depth, just above the predicted reservoir section. Any significant gas show(s) will be tested once target depth has been reached, the company says.

A recently completed $1.6m placement means the company will be cashed up with $7.1m, significantly reducing funding that will need to be secured for drilling of the Wombat-5 gas well later in 2022.

Mark Creasy’s Yandal Investments is now a substantial shareholder in gold and lithium explorer Peregrine Gold (ASX:PGD). Yandal subscribed for 4.5m shares at $0.50 each to raise $2.25m.

 

LOSERS

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

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