Top 10 at 11: It’s all about drill results, e-commerce and hot batteries today

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant 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 that have made announcements.

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every ASX stock has started trading. Here’s what’s happened so far.

Markets were tipped to open flat this morning, after Wall Street did okay but kinda fizzled out on Friday.

Looking ahead this week, there’s a bit to keep an eye out for, but Wednesday’s the big day for local data nerds, as the all-important CPI figures are due to land, to fuel more calls for interest rate cuts or provide ammunition for everyone who wants rates to stay the same, depending on your outlook.

When the markets opened this morning, the benchmark has started off flat, with gains in InfoTech and Materials offset by a fall among Energy stocks.

So… it’s a case of ‘hurry up and wait’ this morning. I wonder if there’s anything good on telly…

 

WINNERS

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

Code Company Price % Volume Market Cap
AZ9 Asian Battery Metals 0.094 100.0 19,827,669 $14,204,104
RLG Roolife Group 0.006 50.0 8,079,234 $4,707,985
DTR Dateline Resources 0.004 33.3 12,819,022 $7,548,781
AVE Avecho Biotech 0.0025 25.0 380,000 $6,338,594
PUA Peak Minerals 0.005 25.0 4,500,000 $9,988,441
RMX Red Mount Minerals 0.01 25.0 51,963 $3,098,862
TMK TMK Energy 0.0025 25.0 611,584 $15,183,224
TTI Traffic Technologies 0.005 25.0 1,845,737 $4,475,272
LIS Li-S Energy 0.1475 22.9 307,867 $76,824,028
CZN Corazon 0.006 20.0 3,275,000 $3,339,528
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Asian Battery Metals (ASX:AZ9) has annunnced the remaining assay data from the Phase 1 diamond drilling program at the 100% Oval Cu-Ni-PGE prospect, located in the Gobi-Altai region of Mongolia, including a highlight sulphide intercept in hole OVD021 of 8.8m @ 6.08% Cu, 3.19% Ni, 1.63g/t E31, 0.11% Co (CuEq2 12.57%) from 107.2m. The find is located within 800m of strike which remains open at depth and in the SE, NW, NE and SW directions.

RooLife Group (ASX:RLG) was up after announing that the global expansion of its RLG marketplace has delivered $270,000 in new sales achieved in October to date. The recent expansion included three new online stores launched this month in Australia, China and Hong Kong, with the new Indian RLG Marketplace on schedule for launch in November.

Li-S Energy (ASX:LIS) was rising on news that it has substantially improved the performance of its lithium sulphur battery technology. The company says that it has been able to manufacture full size 10Ah semi-solid-state cells delivering an energy density of 498Wh/kg on first discharge, and an industry leadingi 456Wh/kg after formation cycling, with the cells continuing to cycle in ongoing testing.

 

LAGGARDS

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

Code Company Price % Volume Market Cap
MHC Manhattan Corp Ltd 0.001 -50.0 650,000 $8,995,940
RIE Riedel Resources 0.001 -50.0 170,000 $4,447,671
VPR Volt Group 0.001 -50.0 348,794 $21,432,416
EQN Equinox Resources 0.135 -35.7 341,123 $26,008,501
RNE Renu Energy 0.001 -33.3 451 $1,332,868
MRQ Mrg Metals 0.003 -25.0 310,000 $10,906,075
PAB Patrys 0.003 -25.0 450,000 $8,229,789
NAG Nagambie Resources 0.013 -23.5 4,196,811 $13,542,807
OSL Oncosil Medical 0.01 -23.1 18,674,085 $49,193,042
VNL Vinyl Group 0.125 -21.9 1,648,717 $161,626,051
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At Stockhead we tell it like it is. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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