Kneel before me and tremble at the sound of a deal going terribly awry. Pic via Getty Images.
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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 |
|---|---|---|---|---|---|
| AHN | Athena Resources | 0.004 | 100% | 4,010,000 | $2,140,935 |
| YOJ | Yojee Limited | 0.006 | 20% | 176,667 | $5,676,023 |
| TSO | Tesoro Gold Ltd | 0.02 | 18% | 1,471,063 | $17,911,414 |
| ETR | Entyr Limited | 0.007 | 17% | 500,000 | $11,898,623 |
| NET | Netlinkz Limited | 0.007 | 17% | 1,489,471 | $21,363,170 |
| EFE | Eastern Resources | 0.008 | 14% | 125,841 | $8,693,625 |
| HNR | Hannans Ltd | 0.008 | 14% | 21,250 | $19,072,234 |
| PRM | Prominence Energy | 0.017 | 13% | 500,000 | $2,308,146 |
| 1ST | 1St Group Ltd | 0.009 | 13% | 197,833 | $11,335,930 |
| ALM | Alma Metals Ltd | 0.009 | 13% | 1,000,000 | $8,912,006 |
Tesoro Resources (ASX:TSO) – Up again this morning on yesterday’s news, and rising gold prices.
Invictus Energy (ASX:IVZ) – Update from the Cabora Bassa Project in Zimbabwe reveals elevated gas shows up to 70 times above background and elevated Log While Drilling resistivity encountered in Upper Angwa primary target reservoirs.
Alchemy Resources (ASX:ALY) – Up after revealing maiden MRE at it’s Lachlan 80%-owned Lachlan Project n NSW of 342koz @ 1.30g/t Au Eq (Inferred, 0.7g/t Au Eq cut-off) from surface.
Black Mountain Energy (ASX:BME) – Up this morning thanks to a positive quarterly report.
LOSERS
Stocks highlighted in yellow have made market-moving announcements (click headings to sort).
| Code | Company | Price | % | Volume | Market Cap |
|---|---|---|---|---|---|
| CCE | Carnegie Cln Energy | 0.001 | -50% | 3,468,375 | $31,285,147 |
| CLE | Cyclone Metals | 0.001 | -50% | 7,522,443 | $20,529,010 |
| AVW | Avira Resources Ltd | 0.001 | -33% | 729,996 | $3,200,685 |
| MTH | Mithril Resources | 0.001 | -33% | 206,920 | $5,053,207 |
| MXC | Mgc Pharmaceuticals | 0.001 | -33% | 257,024 | $6,641,952 |
| LTR | Liontown Resources | 1.875 | -33% | 17,240,803 | $6,144,293,085 |
| GTG | Genetic Technologies | 0.002 | -20% | 185,000 | $28,854,145 |
| MCT | Metalicity Limited | 0.002 | -20% | 605,890 | $9,340,215 |
| ROG | Red Sky Energy. | 0.005 | -17% | 47,000 | $31,813,363 |
| ROO | Roots Sustainable | 0.005 | -17% | 25,546 | $919,875 |
Liontown Resources (ASX:LTR) – LTR is way down this morning after announcing a $365 million Institutional Placement of approximately 203 million shares at $1.80, well below the inflated price stemming from the non-starter takeover by Albemarle.
Cygnus Gold (ASX:CY5) – Down despite yesterday’s news that company intersected multiple visual spodumene-bearing pegmatites during drilling at Auclair.
Genetic Technologies (ASX:GTG) – GTG called an AGM, and sank this morning. That’s about all I know.
