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).

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$10m capped minnow Indiana Resources (ASX:IDA) could be ~US$70m richer after the International Centre for Settlement of Investment Disputes, part of the World Bank, ordered Tanzania to pay US$109.5m ($160m)  for the unlawful expropriation of the Ntaka Hill nickel project (IDA ~62% ownership) in 2018.

Will they pay up though? IDA and team is now moving “to the enforcement phase”.

Cyber security stock Hubify (ASX:HBY) is expected to deliver consolidated FY23 revenue (unaudited) of $25.72m, a record for the company and an increase of 8% on the prior year.

Importantly, it says, recurring revenue grew to 82% of total customer revenue on this record result.

OD6 Metals (ASX:OD6) says its flagship Splinter Rock project “is emerging as one of the largest and highest-grade clay-hosted rare earth resources in Australia” after unveiling a 344Mt @ 1,308ppm TREO maiden resource.

Less than 5% of targeted clay basin area is included.

 

LOSERS

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

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Condom manufacturer Ansell Limited (ASX:ANN) says underlying earning per share (EPS) in FY23 will be at the low end of the original FY23 guidance range.

Statutory FY23 EPS will be in the range of US117¢ to US118¢, it says.

FY24 is looking poor — statutory EPS, including investment program costs, is expected to be in the range of US57¢ to US77¢.

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