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 |
|---|---|---|---|---|---|
| AQX | Alice Queen Ltd | 0.0015 | 50% | 1,029,179 | $2,530,288 |
| CAV | Carnavale Resources | 0.003 | 50% | 916,666 | $5,467,103 |
| RBX | Resource B | 0.165 | 27% | 1,610,124 | $7,419,078 |
| MTL | Mantle Minerals Ltd | 0.0025 | 25% | 4,309,587 | $10,691,210 |
| ROG | Red Sky Energy. | 0.005 | 25% | 515,664 | $21,208,909 |
| MCT | Metalicity Limited | 0.003 | 20% | 2,698,457 | $8,730,098 |
| AHN | Athena Resources | 0.007 | 17% | 153,558 | $6,422,805 |
| AUH | Austchina Holdings | 0.007 | 17% | 99,110 | $12,467,302 |
| DDT | DataDot Technology | 0.007 | 17% | 1,000,000 | $7,463,217 |
| OXX | Octanex Ltd | 0.007 | 17% | 1,402 | $1,553,866 |
Another Canadian lithium project acquisition.
Resource Base (ASX:RBX) has the option to acquire the Wali and Ernst Lake projects, a proverbial stone’s throw from Winsome Resources (ASX:WR1) and Patriot Battery Metals (ASX:PMT) in the James Bay district of Quebec.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| MEB | Medibio Limited | 0.001 | -33% | 3,873,367 | $6,225,891 |
| CGS | Cogstate Ltd | 1.205 | -26% | 694,065 | $281,872,497 |
| M24 | Mamba Exploration | 0.13 | -26% | 344,885 | $10,672,084 |
| CCE | Carnegie Cln Energy | 0.0015 | -25% | 649,983 | $31,285,147 |
| PUA | Peak Minerals Ltd | 0.004 | -20% | 30,000 | $5,206,883 |
| 8IH | 8I Holdings Ltd | 0.03 | -14% | 9,000 | $12,507,460 |
| LCL | Los Cerros Limited | 0.031 | -14% | 1,231,846 | $25,940,144 |
| FCL | Fineos Corp Hold PLC | 1.7 | -14% | 314,974 | $631,199,180 |
| RIE | Riedel Resources Ltd | 0.007 | -13% | 400,000 | $10,973,656 |
| MDR | Medadvisor Limited | 0.22 | -12% | 24,964 | $136,006,033 |
Biotech Cogstate (ASX:CGS) has released FY23 guidance ahead of its half year report and it doesn’t make for good reading.
Revenue delays are expected to continue to impact earnings in 2H23, it says, with some revenue from those impacted trials now expected to be recognised in FY24.