Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.
Which I promise I’ll get to in a minute, but before I can write anything, I need to pop outside and let the guys from my local council know that if they don’t take their leaf blowers and whipper-snippers somewhere far, far away, then one of them is going home with a leaf-blower lodged somewhere very private, and very painful.
Wretched bloody things they are… and the leaf-blowers are horrible as well.
Anyway – the market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading – for better or worse.
WINNERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| BP8 | Bph Global Ltd | 0.002 | 33% | 1,500,000 | $2,423,345 |
| ASP | Aspermont Limited | 0.01 | 25% | 46,236 | $19,510,110 |
| LSR | Lodestar Minerals | 0.005 | 25% | 1,000 | $8,093,589 |
| NC6 | Nanollose Limited | 0.03 | 20% | 19,000 | $3,722,159 |
| ESR | Estrella Res Ltd | 0.006 | 20% | 50,000 | $8,795,359 |
| ETR | Entyr Limited | 0.007 | 17% | 288,891 | $11,898,623 |
| WSR | Westar Resources | 0.022 | 16% | 205,964 | $3,521,793 |
| TOY | Toys R Us | 0.015 | 15% | 122,789 | $12,772,026 |
| FME | Future Metals NL | 0.046 | 15% | 1,209,216 | $16,528,161 |
| NTM | Nt Minerals Limited | 0.008 | 14% | 35,522 | $6,019,320 |
BPH Energy (ASX:BPH) – Up this morning in the wake of the company’s AGM, during which Huang Qing Gu lost his seat on the board, clearing the way for Mathew Leonard to be appointed as Managing Director.
Aspermont (ASX:ASP) – Mining and resources media services provider Aspermont is up on news that control of Blue Horseshoe Ventures, in which Aspermont was a founding shareholder, has been returned to the Board after Blue Horseshoe entered Voluntary Administration on 16 August this year.
Westar Resources (ASX:WSR) – Up on news that the company has the drills spinning today at its Olga Rocks gold-lithium project in WA.
4D Medical (ASX:4DX) – Up on news that it has signed a rump of new SaaS contracts that will see it expand its services into the Detroit and Memphis communities in the United States.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| AMD | Arrow Minerals | 0.001 | -33% | 400,000 | $4,535,648 |
| HLS | Healius | 1.2 | -29% | 2,092,442 | $967,993,686 |
| KNM | Kneomedia Limited | 0.003 | -25% | 450,000 | $6,019,141 |
| REM | Remsensetechnologies | 0.03 | -25% | 271,650 | $4,227,334 |
| IEC | Intra Energy Corp | 0.004 | -20% | 1,816,000 | $8,303,908 |
| ME1 | Melodiol Glb Health | 0.0025 | -17% | 10,019,363 | $12,575,830 |
| ATH | Alterity Therap Ltd | 0.006 | -14% | 12,737,474 | $17,079,283 |
| ICN | Icon Energy Limited | 0.006 | -14% | 20,000 | $5,376,096 |
| OAU | Ora Gold Limited | 0.006 | -14% | 450,000 | $39,355,173 |
| VRC | Volt Resources Ltd | 0.006 | -14% | 2,495,575 | $28,507,967 |
Healius (ASX:HLS) – It’s… messy. Healius has a buyout offer on the table from Australian Clinical Labs, has entered into an agreement with its debtors to waive Healius’ gearing covenant for 1HY24 and temporarily increase Healius’ gearing covenant in respect of 30 June 2024 from 3.5x to 4.0x – and announced the successful completion of an accelerated 1 for 3.65 pro-rata entitlement offer that has brought in $154 million at $1.20 per share.
RemSense Technologies (ASX:REM) e – Showing a drop this morning after the company launched a 1:1 entitlement offer at $0.02 per share.
Alterity Therapeutics (ASX:ATH) – Dipping after revealing firm commitments to raise $4.8 million through a a two tranche placement of ordinary shares.