Sarah knew, deep down, that the time had come to murder Mr Piggybank and feast upon the riches he'd been stealing from her over the past 7 years. 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 – and then I do my best to make sense of who’s moving where and why it might be happening.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CLE | Cyclone Metals | 0% | 100% | $8,250,500 | $10,264,505 |
| DCX | Discovex Res Ltd | 0% | 100% | $289,946 | $3,302,568 |
| CMP | Compumedics Limited | 31% | 94% | $932,015 | $28,346,072 |
| MTL | Mantle Minerals Ltd | 0% | 33% | $650,000 | $18,442,338 |
| YPB | YPB Group Ltd | 0% | 33% | $484,000 | $1,185,692 |
| WMG | Western Mines | 37% | 32% | $464,599 | $18,705,833 |
| BML | Boab Metals Ltd | 19% | 28% | $1,613,956 | $25,297,102 |
| BUY | Bounty Oil & Gas NL | 1% | 27% | $10,396,568 | $15,075,511 |
| EDE | Eden Inv Ltd | 0% | 25% | $545,997 | $7,313,940 |
| KP2 | Kore Potash PLC | 1% | 25% | $149,000 | $5,352,460 |
DiscovEX Resources (ASX:DCX) is up this morning – the list mentions an announcement today but the only thing I can spot this morning is a notification of the expiry of a stack of unlisted options late last week.
Compumedics (ASX:CMP) is charging hard this morning on news that its Somfit medical device has been cleared for sale in the US by the FDA. Compumedics reckons the market in the US is worth about US$110-180 million, and that the company izs targeting a relatively modest 10%-30% of that market over the next 12 months.
Western Mines Group (ASX:WMG) has jumped this morning on assay results from its Mulga Tank project, showing broad zones of nickel sulphide mineralisation with elevated Ni and S coincident with highly anomalous Cu and PGE.
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| GTG | Genetic Technologies | 0% | -33% | 8,490,789 | $34,624,974 |
| ME1 | Melodiol Glb Health | 0% | -25% | 3,548,049 | $9,225,840 |
| TZN | Terramin Australia | 4% | -24% | 25 | $114,294,387 |
| CPN | Caspin Resources | 13% | -19% | 15,059 | $14,611,178 |
| ERG | Eneco Refresh Ltd | 1% | -19% | 150,000 | $4,357,734 |
| FIN | FIN Resources Ltd | 2% | -17% | 5,796,968 | $17,205,621 |
| BFC | Beston Global Ltd | 1% | -14% | 154,698 | $13,979,328 |
| KNM | Kneomedia Limited | 0% | -14% | 141,745 | $5,366,450 |
| LML | Lincoln Minerals | 1% | -14% | 917,073 | $11,856,917 |
| PUA | Peak Minerals Ltd | 0% | -14% | 66,360 | $3,644,818 |
Eneco Refresh (ASX:ERG) is losing ground this morning after former managing director and chairman Henry Heng pleaded guilty to charges related to taking part in transactions that had or were likely to have the effect of creating or maintaining an artificial price for trading securities of the company.
Fin Resources (ASX:FIN) has dropped this morning on news that pegmatite outcrops at its White Bear discovery have tested positive for lithium, with the company now claiming a mineralised zone with 300m strike and about 100m wide at its widest point.
Lincoln Minerals (ASX:LML) is a bit lower this morning, despite news that its Kookaburra Gully Graphite Project has been included in Austrade’s Australian Critical Minerals Prospectus for 2023.
Get the latest Stockhead news delivered free to your inbox.
