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.

Briefly, here’s what’s been happening already this morning: Local markets have opened lower this morning, despite a decent effort from Wall Street on Friday night. The ASX has suspended six companies, including the embattled casino operator Star Entertainment Group (ASX:SGR), over failure to lodge their full-year financials by deadline on Friday.

 

WINNERS

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

Wordpress Table Plugin

 

MetalsTech (ASX:MTC) was up this morning following a large shareholder transaction that saw an as-yet unnamed buyer purchase just under 18% of the company at $0.53 per MTC share. Substantial shareholder notices will be lodged by both the seller and the buyer, including the appending of the relevant agreements, in the next couple of days.

Imugene (ASX:IMU) was up on news that 3 out of 10 10 patients who have been treated to date with azer-cel in the Phase 1b diffuse large B-cell lymphoma (DLBCL) trial have been assessed and returned complete results. The trial is ongoing, with more patients expected to be enrolled shortly.

RocketDNA (ASX:RKT) was higher on news that the company has signed two significant contracts for its xBot surveillance model (PatrolBot) with SSG Security Solutions, which involve the deployment of PatrolBot units across a number of mining sites for the monitoring and reporting of defined areas using drone or unmanned technology for the purpose of security overwatch and intelligence gathering.

Estrella Resources (ASX:ESR) was up on news that it has entered into a Subscription Agreement with a strategic investor to raise $350,000 at an issue price of $0.006 for each fully paid ordinary share, which represents a premium of 20% to the last closing price of $0.005 on 28 August 2024., with the finds earmarked to advance the company’s Timor-Leste Project.

Raiden Resources (ASX:RDN) was moving on news it has been granted a key E47/4062 tenement on the Andover South project, clearing the way for the company to continue its near-term drilling activity at the site.

Regener8 Resources (ASX:R8R) was moving early on news that it has completed cultural heritage survey has been completed at priority locations of the Grasshopper and Hatlifter prospects by the Upurli Upurli Nguratja Aboriginal Corporation. Exploration planning is now underway including finalisation of drill hole locations and program extents, contractors and logistics, with drilling planned for Q4 2024.

 

LAGGARDS

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

Wordpress Table Plugin

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Read MoreMarkets

Featured Companies

You might be interested in