On Stockhead today, how to tell if your wind farm is as good as your lithium deposit, the $50K a night hotel room that might just be worth it, and which stocks are being hit by EOFY tax loss selling?

But first:

The day ahead

It’s a quiet one on the domestic calendar today, with all eyes on the US Federal Reserve later tonight when the central bank makes it rates announcement.

Benchmark US interest rates will stay on hold, but markets will be watching like a hawk for any changes in the Fed’s thinking on the prospect of possible rate cuts later this year.

Also overseas, the UK and Canada both report inflation figures for May.

Company news

The following companies are scheduled to come out of a trading halt or voluntary suspension over the next 48 hours:

Wednesday:

PainChek (ASX: PCK) – capital raising
KneoMedia (ASX: KNM) – capital raising
Keytone Dairy (ASX: KTD) – capital raising & acquisition
Vital Metals (ASX: VML) – acquisition

Thursday:

St George Mining (ASX: SGQ) – capital raising
Arafura Resources (ASX: ARU) – capital raising
Pure Minerals (ASX: PM1) – capital raising
Botanix Pharmaceuticals (ASX: BOT) – study results

Markets

Gold: $US1,346.78 ($1,958.48) +0.53%

Silver: $US14.99 +1.07%

Oil (Brent): $US62.10 +2.00%

Oil (WTI): $US54.17 +4.12%

Coal: $US70.55 -1.37%

Iron ore 62pc fe: $US110.50 -1.78%

AUD/USD: $US0.6877

What got you talking last week

Over on the Stockhead Facebook group page, chatroom member Philip Robinson gave our senior journalist Rachel Williamson a shoutout for her excellent rundown of the Australian cannabis sector.

Hi Rachel great read. Helpful information thanks. Did you have a look at MXC at all? Any thoughts on it?“, Robinson asked.

And Rachel’s response: “Hey Philip, thanks! I didn’t but I do know they’re doing business in LatAm and China, which I find super interesting. Not many pot stocks are venturing into that country yet — it’s tricky, but apparently going to be very Chinese, ie massive.

These were the five most-discussed stocks on trading gossip forum HotCopper at close on Tuesday, June 18:

Yesterday’s winners

Mining minnow Caeneus Minerals (ASX: CAD) — a regular on the leaders & laggards tables — posted the biggest percentage gain of the day by nipping higher to 0.2 cents.

And marketing and payments company Rewardle Holding (ASX: RXH) had a good day after announcing it had set up a strategic partnership with Pepper Leaf, the Melbourne-based subscription meal delivery service.

TickerNamePrice% ChgVolumeMarket Cap
CADCaeneus Minerals Ltd0.002+100.00%2.6M$4.3M
RXHRewardle Holdings Ltd0.007+75.00%1.1M$3.7M
IAMIntiger Group Ltd0.0015+50.00%2.6M$2.5M
RCPRedbank Copper Ltd0.014+40.00%412.4k$1.6M
AZIAlta Zinc Ltd0.004+33.33%3.7M$7.3M
DREDreadnought Resources Ltd0.004+33.33%2.0M$4.4M
RIMRimfire Pacific Mining NL0.004+33.33%50.0k$4.3M
LINLindian Resources Ltd0.02+30.77%3.2M$6.4M
AEIAeris Environmental Ltd0.36+28.57%376.4k$76.2M
PNNPepinNini Lithium Ltd0.0025+25.00%200.0k$3.1M
RFNReffind Ltd0.005+25.00%2.0M$2.6M
TRLTanga Resources Ltd0.0025+25.00%7.0M$3.2M
DEMDe.Mem Ltd0.14+22.73%146.3k$16.9M
IMCImmuron Ltd0.14+22.73%2.8M$22.0M
CHKCohiba Minerals Ltd0.011+22.22%5.9M$7.3M
E2EEon NRG Ltd0.006+20.00%1.0M$4.6M
MRVMoreton Resources Ltd0.006+20.00%993.2k$18.6M
NTINeurotech International Ltd0.02+20.00%4.6M$3.3M
QGL Quantum Graphite Ltd0.003+20.00%1.7M$23.0M
UTRUltracharge Ltd0.003+20.00%400.0k$3.2M

Yesterday’s losers

Among the laggards, consumer electronics retailer Tempo Australia (ASX: TPP) was the worst performer, losing 40 per cent of its value to fall to 4.2 cents.

The company only rejoined the ASX boards on Friday after being in a trading halt since 24 April 2019, in connection with a contract for the construction of a solar farm that Tempo said may put stress on its existing working capital facilities.

TickerCompanyPrice ($)% ChgVolumeMarket Cap
AKNAuking Mining Ltd0.001-50.00%15.0k$933K
OLHOldfields Holdings Ltd0.04-36.36%223.4k$2.9M
SYTSyntonic Ltd0.002-33.33%52.6M$6.6M
SANSagalio Energy Ltd0.002-33.33%64.0k$409K
EMPEmperor Energy Ltd0.002-33.33%2.0M$2.0M
CAVCarnavale Resources Ltd0.002-33.33%200.0k$1.5M
KTEK2 Energy Ltd0.006-33.33%250.0k$1.8M
AEVAvenira Ltd0.007-30.00%2.1M$7.4M
KKLKollakorn Corp Ltd0.012-29.41%415.0k$2.5M
AQXAlice Queen Ltd0.009-25.00%3.0M$5.9M
TOMTomizone Ltd0.003-25.00%2.4M$1.3M
SRNSurefire Resources NL0.003-25.00%580.3k$1.5M
RIMRimfire Pacific Mining NL0.003-25.00%630.0k$3.2M
MLSMetals Australia Ltd0.0015-25.00%647.0k$4.4M
CIOConnected IO Ltd0.003-25.00%10.5M$5.4M
CADCaeneus Minerals Ltd0.0015-25.00%1.6M$3.2M
AAJAruma Resources Ltd0.003-25.00%2.0M$2.0M
KGDKula Gold Ltd0.02-23.08%194.9k$7.5M
ERGEneco Refresh Ltd0.05-22.86%12.0k$14.7M
PGRPAS Group Ltd/The0.12-22.58%96.6k$16.4M
IMCImmuron Ltd0.1-22.22%3.2M$17.1M
AHNAthena Resources Ltd0.02-20.83%200.0k$5.1M