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).

iCandy Interactive Ltd (ASX:ICI) is proposing an on-market share buy-back.

The videogame developer intends to buy back up to a maximum of 135m shares representing ~11% of the its issued shares, subject to shareholder approval.

“The Board, in its consideration, views that the Company’s current share price does not accurately reflect the underlying value of the Company’s assets and growth potentials, hence the Share BuyBack represents an opportunity for the Company to add value to the remaining shares on issue,” ICI says.

 

LOSERS

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

Failed hemp farmer Croplogic has been reskinned and relisted as WA gold and lithium explorer Olympio Metals (ASX:OLY), which raised $6m at 20c per share.

Tabcorp Holdings (ASX:TAH) is demerging its lucrative Lotteries and Keno business into The Lottery Corporation (ASX:TLC), which raked in massive EBITDA of $611m in FY21.

TLC is due to list at 11am AEST today.