Top 10 at 11: Local markets are driven by a couple of buyouts and not much else today

Stockhead’s Top 10 at shortly-before-11-ish, published in a slightly hurried manner this morning because one of my neighbours is being evicted and it’s starting to look a lot like there could be a spot of biffo out in the street – which means, of course, I should pop outside right now or I’ll miss my chance to film it and post it on YouTube, make loads of money, buy a Lambo and promptly get de-platformed after all that stuff I said on Reddit 12 years ago resurfaces.

Top 10 highlights the best (and sometimes worst) performing ASX stocks in morning trade using live, fresh out of the deep-fryer 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
MTH	Mithril Resources	0.002	100%	35,390,259	$3,368,804
INP	Incentiapay Ltd	0.009	50%	44,000	$7,590,382
KNO	Knosys Limited	0.04	25%	50,614	$6,916,438
5EA	5Eadvanced	0.4	21%	553,474	$100,318,937
ME1	Melodiol Glb Health	0.006	20%	88,531	$14,736,602
ROG	Red Sky Energy.	0.006	20%	219,250	$26,511,136
TTT	Titomic Limited	0.019	19%	20,000	$13,857,507
ELE	Elmore Ltd	0.007	17%	71,428	$8,396,303
EXL	Elixinol Wellness	0.007	17%	833,000	$3,758,896
NET	Netlinkz Limited	0.007	17%	1,092,629	$21,183,170

Mithril Resources (ASX:MTH) – up on a large volume spike, but no fresh news.

5E Advanced Materials (ASX:5EA) – up on news that the company has been given US EPA approval to conduct step-rate testing under its existing permit.

Kinetiko Energy (ASX:KKO) – up on yesterday’s news that it’s finalised the acquisition of Afro Energy.

Symbio Holdings (ASX:SYM) – up after Superloop (ASX:SLC) delivered an Improved, Best and Final Offer for 100% of Symbio, a 50:50 cash and scrip consideration of $2.85 per share.

White Cliff Minerals (ASX:WCN), Red Sky Energy (ASX:ROG) and IncentiaPay (ASX:INP) – up on no news.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
CHR	Charger Metals	0.145	-24%	1,333,761	$11,801,730
LNU	Linius Tech Limited	0.002	-20%	9,814	$10,574,477
TNY	Tinybeans Group Ltd	0.12	-17%	825	$12,156,596
PLG	Pearlgullironlimited	0.028	-15%	1,661,849	$5,161,736
MKG	Mako Gold	0.017	-15%	1,436,258	$11,520,164
88E	88 Energy Ltd	0.006	-14%	2,456,622	$154,830,585
JNO	Juno	0.095	-14%	23,524	$14,922,380
KTA	Krakatoa Resources	0.02	-13%	618,585	$9,806,661
SSH	Sshgroupltd	0.14	-13%	4,000	$10,543,976
BPH	BPH Energy Ltd	0.018	-12%	10,044,264	$19,069,828

Charger Metals (ASX:CHR) – Down sharply on news that the company’s found lithium in just 6 of 63 drillholes across seven prospects at the Bynoe Lithium Project in NT.

Pearl Gull Iron (ASX:PLG) – Down this morning almost as mysteriously as it rose to the top of the charts yesterday.

Mako Gold (ASX:MKG) – Down on drilling results from its Napié Project and Korhogo Project in Côte d’Ivoire, which isn’t excellent.