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).

 

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Today’s biggest winners are led by Bluebet Holdings (ASX:BBT), with the mobile wagering company signing a 10-year market access agreement with Caesars Entertainment to operate a new online sportsbook in Indiana under the ClutchBet B2C brand.

The company now has market access in four US states, and is now focused on launching its US B2C brand ClutchBet and demonstrating “the capability of its technology and team to run profitable sportsbooks in the US,” the company says.

The aim is to eventually expand into other states, and seek partners nationwide for the launch of its white-labelled Sportsbook-as-a-Solution B2B offer.

Gold explorer Golden Rim Resources (ASX:GMR) is divesting its Kouri and Babonga gold projects in Burkina Faso, West Africa, for US$15.5 million ($22.3 million) to private Burkinabé mining company, BAOR SARL (BAOR).

“While we have been focussed on our transformational new Kada oxide gold project in Guinea, our projects in Burkina Faso have been sitting on the backburner and are attracting little market value,” MD Craig Mackay said.

“With a resource base of 2Moz gold and extensive upside, the Burkina assets offer an exciting opportunity for an emerging Burkinabé mining company, such as BAOR SARL, and we wish the company much success with its plans.

“With the sale funds from these projects, we can accelerate our activities at Kada and ensure aggressive drilling and exploration to build our resource base without further dilutionary capital raising for the foreseeable future.”

 

LOSERS

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

 

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