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 |
|---|---|---|---|---|---|
| RVS | Revasum | 0.23 | 39% | 339,780 | $17,476,248 |
| MAT | Matsa Resources | 0.05 | 35% | 4,291,631 | $15,244,171 |
| GLV | Global Oil & Gas | 0.002 | 33% | 1,000,000 | $5,143,205 |
| MTL | Mantle Minerals Ltd | 0.0025 | 25% | 296,681 | $10,691,210 |
| LNU | Linius Tech Limited | 0.003 | 20% | 500,000 | $7,836,032 |
| PIL | Peppermint Inv Ltd | 0.006 | 20% | 1,500,000 | $10,189,284 |
| WOO | Wooboard Tech Ltd | 0.006 | 20% | 1,256,359 | $1,149,774 |
| GFN | Gefen Int | 0.047 | 18% | 70,000 | $2,724,005 |
| GAS | State GAS Limited | 0.24 | 17% | 25,000 | $46,090,623 |
| AHQ | Allegiance Coal Ltd | 0.014 | 17% | 3,945,060 | $12,058,751 |
Matsa Resources (ASX:MAT) keeps hitting thick gold at Fortitude North, a stone’s throw from the company’s 489,000oz Fortitude gold mine in WA.
New highlights include 19m @ 3.77g/t Au from 100m, incl. 14m @ 4.59g/t. A 1.6km-long system has been defined so far.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| ARE | Argonaut Resources | 0.002 | -33% | 27,374 | $19,085,614 |
| AXP | AXP Energy Ltd | 0.002 | -33% | 42,500 | $17,474,042 |
| PKO | Peako Limited | 0.011 | -27% | 1,000,000 | $5,688,229 |
| CLE | Cyclone Metals | 0.002 | -20% | 430,000 | $15,441,842 |
| EGG | Enero Group Ltd | 2.45 | -18% | 65,176 | $275,379,511 |
| L1M | Lightning Minerals | 0.18 | -16% | 509,624 | $8,013,319 |
| NWH | NRW Holdings Limited | 2.65 | -10% | 471,525 | $1,329,612,849 |
| LCT | Living Cell Tech. | 0.009 | -10% | 30,000 | $12,853,637 |
| LSR | Lodestar Minerals | 0.0045 | -10% | 60,669 | $8,692,187 |
| TMZ | Thomson Res Ltd | 0.009 | -10% | 4,148,498 | $8,699,510 |
PR firm Enero Group (ASX:EGG) fell despite achieving EBITDA of $44.3 million in the December half, an increase of 38.9% (2021: $31.9 million) over the prior half year.
EGG says the first six weeks of H2 has delivered a continuation of the macroeconomic headwinds experienced in FY23 H1.
“The Brand Transformation segment has experienced a slow start to the calendar year,” it says.
“The segment continues to see the impact of slower client decision making and conservatism across all geographies and in some cases, constrained client budgets.”