Mother orangutans not only chew up food for their children, but are also known for giving them terrible at-home haircuts to save money with times get tough. Pic via Getty Images.
News
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.
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 – before being lovingly crafted into a digestible format, in much the same way a mother orangutan might chew heartily on a piece of fruit before spitting it into its baby’s mouth.
You are welcome.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| KNM | Kneomedia Limited | 0.003 | 50% | 500,000 | $3,009,571 |
| RWD | Reward Minerals Ltd | 0.105 | 35% | 2,796,544 | $17,772,545 |
| GTG | Genetic Technologies | 0.0025 | 25% | 2,030,236 | $23,083,316 |
| 88E | 88 Energy Ltd | 0.006 | 20% | 4,367,347 | $110,593,275 |
| AUH | Austchina Holdings | 0.003 | 20% | 31,666 | $5,194,709 |
| KGD | Kula Gold Limited | 0.038 | 19% | 6,907,351 | $11,942,781 |
| MRR | Minrex Resources Ltd | 0.019 | 19% | 9,256,576 | $17,357,880 |
| IBG | Ironbark Zinc Ltd | 0.007 | 17% | 500,000 | $8,800,706 |
| MOM | Moab Minerals Ltd | 0.007 | 17% | 500,000 | $4,271,781 |
| SHG | Singular Health | 0.045 | 15% | 252,685 | $5,511,100 |
Reward Minerals (ASX:RWD) – Continuing yesterday’s sharp rise in the afternoon, on the heels of news that Reward is the likely buyer for Kalium Lakes’ (ASX:KLL) Beyondie sulphate of potash project in WA.
Diverger (ASX:DVR) – Up on news of a takeover price change, which will see Count (ASX:CUP) provide an implied value of $1.3651 per Diverger share, comprised of a cash consideration if $0.40 (increased from $0.367) and a scrip consideration of 1.44 (increased from 1.38).
KNeoMedia (ASX:KNM) – Up 50% this morning on news the company has received receipt the Tranche 2 payment totaling $700,000 in net revenue from the New York City Department of Education.
Singular Health Group (ASX:SHG) – Up on news the company has received a binding commitment from CG1 Ventures to take up the full $850,000 placement at $0.055 cents per share as previously announced on 16 August 2023.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| GMR | Golden Rim Resources | 0.013 | -28% | 915,360 | $10,648,591 |
| ASR | Asra Minerals Ltd | 0.011 | -21% | 1,301,091 | $20,386,879 |
| SFG | Seafarms Group Ltd | 0.004 | -20% | 8,700 | $24,182,996 |
| YOJ | Yojee Limited | 0.004 | -20% | 100,100 | $5,676,023 |
| MXC | Mgc Pharmaceuticals | 0.95 | -18% | 37,810 | $41,099,370 |
| ME1 | Melodiol Glb Health | 0.0025 | -17% | 64,089,836 | $11,547,311 |
| RNX | Renegade Exploration | 0.005 | -17% | 80,008 | $5,718,743 |
| KLI | Killiresources | 0.052 | -15% | 50,359 | $3,634,079 |
| 1MC | Morella Corporation | 0.006 | -14% | 1,347,018 | $43,145,149 |
| AYT | Austin Metals Ltd | 0.006 | -14% | 145,000 | $7,111,123 |
Asra Minerals (ASX:ASR) – Down sharply this morning on news that it’s raised $2.5 million to accelerate exploration.
Golden Rim Resources (ASX:GMR) – Down in the wake of an after-hours announcement last night revealing is undertaking a pro-rata non-renounceable entitlement issue to raise $7 million, at $0.012 per share.
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