Money cannot buy happiness – as this woman illustrates by throttling herself to death, despite being clearly very wealthy. Pic via Getty Images.
Top 10 at 11: Turned-down takeovers and massive fancy diamonds are where it’s at this morning
News
share
Stockhead’s Top 10 at shortly-before-11-ish, fuelled by caffeine and rage, because it’s Friday and those are the only two things I have in sufficient quantity to produce any kind of energy today.
Top 10 highlights the best (and sometimes worst) performing ASX stocks in morning trade using data so live you could use it to bag yourself a king-sized mulloway, provided you were out fishing (or you work in the ocean).
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 |
|---|---|---|---|---|---|
| MXC | Mgc Pharmaceuticals | 0.002 | 100% | 1,495,000 | $4,427,968 |
| SWF | Selfwealth | 0.175 | 25% | 686,969 | $32,971,340 |
| SFG | Seafarms Group Ltd | 0.005 | 25% | 125,000 | $19,346,397 |
| PKD | Parkd Ltd | 0.03 | 20% | 28,014 | $2,545,458 |
| ECT | Env Clean Tech Ltd. | 0.006 | 20% | 1,000,000 | $14,237,776 |
| RIM | Rimfire Pacific | 0.006 | 20% | 2,000,000 | $10,526,224 |
| FTZ | Fertoz Ltd | 0.079 | 18% | 176,392 | $17,274,933 |
| 1AI | Algorae Pharma | 0.014 | 17% | 20,093 | $19,628,882 |
| FIN | FIN Resources Ltd | 0.022 | 16% | 6,107,419 | $11,799,672 |
| EVR | Ev Resources Ltd | 0.015 | 15% | 1,000,000 | $12,167,793 |
SelfWealth (ASX:SWF) – Up on news it has turned down a non-binding, indicative proposal from Stakeshop at a cash price of 17.5c a share.
Lucapa Diamond Company (ASX:LOM) – Up on news that it’s sold 7 individual uncut diamonds for $24.5 million, including a 66-carat pink diamond.
Sky Network Television (ASX:SKT) – Up after pausing a long-running buyback, following receipt of a “highly conditional, non-binding preliminary expression of interest from a third party to acquire all of the shares in Sky”.
EV Resources (ASX:EVR) – Continuing to climb on Tuesday’s update from the Don Enrique Copper-Silver Project.
PainChek (ASX:PCK) – Still climbing, as it has been for a few days now, despite informing the ASX that there’s no information about the company being withheld from the market.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| EMU | EMU NL | 0.001 | -50% | 1,000,000 | $2,900,043 |
| SIH | Sihayo Gold Limited | 0.001 | -50% | 510,000 | $24,408,512 |
| PVS | Pivotal Systems | 0.003 | -25% | 140,971 | $3,073,517 |
| BGE | Bridgesaaslimited | 0.032 | -18% | 66,140 | $1,538,004 |
| AHN | Athena Resources | 0.005 | -17% | 2,000,000 | $6,422,805 |
| 88E | 88 Energy Ltd | 0.006 | -14% | 122,464,167 | $154,830,585 |
| PUA | Peak Minerals Ltd | 0.003 | -14% | 1,000 | $3,644,818 |
| TAS | Tasman Resources Ltd | 0.006 | -14% | 402,000 | $4,988,685 |
| ENR | Encounter Resources | 0.27 | -13% | 69,150 | $122,612,992 |
| ENV | Enova Mining Limited | 0.007 | -13% | 428,211 | $3,909,293 |
DevEx Resources (ASX:DEV) – Down after announcing a $10 million placement and the launch of an $11.1 million entitlement offer.
Encounter Resources (ASX:ENR) – Down after announcing that drilling has commenced at the Carrara copper-zinc project (“Carrara”) in the Northern Territory.
Vmoto (ASX:VMT) – Down after releasing an entitlement offer prospectus.
