Top 10 at 11ish: Chimeric Therapeutics soars 58pc on US FDA clearance

Pic: Getty Images

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.

WINNERS

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

Code	Company	Price	%	Volume	Market Cap
CHM	Chimeric Therapeutic	0.041	58%	12,929,127	$13,889,277
NNG	Nexion Group	0.019	46%	568,874	$2,630,002
FZR	Fitzroy River Corp	0.15	36%	15,000	$11,874,968
ENT	Enterprise Metals	0.004	33%	1,277,948	$2,398,413
TOY	Toys R Us	0.014	27%	3,690,875	$10,807,099
KPO	Kalina Power Limited	0.005	25%	101,029	$6,060,783
EDE	Eden Inv Ltd	0.003	20%	101,374	$8,409,092
GHY	Gold Hydrogen	0.31	19%	182,626	$14,799,986
KRR	King River Resources	0.02	18%	2,654,644	$26,409,924
PGM	Platina Resources	0.027	17%	27,880	$14,333,148

Chimeric Therapeutics (ASX:CHM) is up 58% in opening trade after the US Food and Drug Administration (FDA) has cleared the Investigational New Drug (IND) application of CHM 2101, the company’s first in class CDH17 CAR T cell therapy for gastrointestinal cancers.

CHM plans to investigate CHM 2101 in a multi-centre, open label Phase 1A/B clinical trial for patients with advanced colorectal cancer, gastric cancer and neuroendocrine tumours.

Gold Hydrogen (ASX:GHY) is up after announcing significant concentrations of hydrogen and helium have found at the Ramsay 1 well, confirming historic measurement and demonstrating an active hydrogen system in the Ramsay Project area, on South Australia’s Yorke Pennisula.

Testing and laboratory results measured air-corrected hydrogen at 73.3% at 240m below ground level, consistent with the 76% air-corrected concentration of hydrogen reported in the Ramsay Oil Bore 1 in 1931.

LOSERS

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

Code	Company	Price	%	Volume	Market Cap
MTH	Mithril Resources	0.001	-33%	33,334	$5,053,207
RAD	Radiopharm	0.08	-20%	590,095	$23,931,304
SFG	Seafarms Group	0.004	-20%	9,388	$24,182,996
MDI	Middle Island Resources	0.019	-17%	786,972	$3,235,139
CRB	Carbine Resources	0.005	-17%	988,294	$3,310,427
ASH	Ashley Services Grp	0.44	-15%	138,459	$74,147,591
BSE	Base Res Limited	0.12	-14%	1,713,970	$164,921,659
IEC	Intra Energy Corp	0.0035	-13%	7,094	$6,643,126
MKG	Mako Gold	0.014	-13%	700,416	$9,216,131
XPN	Xpon Technologies	0.035	-13%	500	$6,341,101

Gold explorer Middle Island Resources (ASX:MDI) has fallen this morning after announcing a capital raise. MDI says it seeks to raise a minimum of $1 million and up to $1, 054,937, before costs via a pro rata renounceable rights offer.