Top 10 at 10: Banana recycler slides into big contract win

Estimated read time 2 min read

Stockhead’s Top 10 at 10, published at ~10.40am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data.

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 made market-moving announcements (click headings to sort).

Security Description Last % Volume MktCap PPY Papyrus Australia 0.02 82% 1,563,978 $5,419,619 1MC Morella Corporation 0.003 50% 1,374,500 $12,357,599 ME1 Melodiol Global Health 0.003 50% 90,085 $1,646,275 VPR Volt Power Group 0.0015 50% 601,419 $10,716,208 MQR Marquee Resource Ltd 0.018 38% 3,652,324 $5,373,997 88E 88 Energy Ltd 0.0025 25% 2,042,022 $57,785,344 IVX Invion Ltd 0.005 25% 90,000 $25,698,129 NRZ Neurizer Ltd 0.0025 25% 93,000 $3,804,841 TAS Tasman Resources Ltd 0.005 25% 400,000 $2,850,677 TMR Tempus Resources Ltd 0.005 25% 110,000 $2,923,995

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Papyrus Australia Limited (ASX:PPY) — which makes fibre, fertiliser and food packaging out of banana waste — signed two contracts worth US$1.7m with the Egyptian Government’s National Authority for Military Production (MP).

Marquee Resources (ASX:MQR) inked an option to buy a gold and silver project in Sardinia, Italy, called Sa Pedra Bianca.

The project covers a large portion of the old Osilo project, which contained a non-JORC resource of 1.65Mt @ 7.06 g/t gold and 29.7 g/t silver for a total of 376,140oz gold and 1.58Moz silver.

 

LOSERS

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

Security Description Last % Volume MktCap GCR Golden Cross 0.002 -33% 32000 $3,291,768 SIH Sihayo Gold Limited 0.002 -33% 250000 $36,612,769 AMD Arrow Minerals 0.003 -25% 389272 $40,557,460 LNU Linius Tech Limited 0.0015 -25% 705900 $11,093,481 ADY Admiralty Resources 0.008 -20% 1531131 $16,294,739 AUK Aumake Limited 0.002 -20% 1500000 $4,786,017 HCT Holista CollTech Ltd 0.008 -20% 1272068 $2,788,001 ICU Investor Centre Ltd 0.008 -20% 424553 $3,045,113 MTL Mantle Minerals Ltd 0.002 -20% 125000 $15,493,615 ROG Red Sky Energy. 0.004 -20% 20383 $27,111,136

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