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 SCL Schrole Group Ltd 0.44 175% 1,848,090 5,752,808 CNJ Conico Ltd 0.002 100% 100,000 1,805,095 PGY Pilot Energy Ltd 0.025 39% 5,424,526 21,405,150 SHP South Harz Potash 0.013 30% 5,503,379 8,271,850 KOR Korab Resources 0.005 25% 25,000 1,468,200 TMR Tempus Resources Ltd 0.005 25% 1,000,000 4,123,995 1AG Alterra Limited 0.006 20% 50,103 4,310,732 OSL Oncosil Medical 0.006 20% 200,000 16,660,548 POS Poseidon Nick Ltd 0.006 20% 480,663 18,567,674 RIL Redivium Limited 0.003 20% 471,819 6,827,137
Education SaaS stock Schrole (ASX:SCL) will be acquired at 48.52c per share, a massive 203% premium to Friday’s closing price.
The offer by Canada private equity-backed TES is also a 47% premium to the highest recorded daily closing share price in the previous 12 months.
Pilot Energy (ASX:PGY) gets $4m in a placement at a 22% premium to the last closing price.
Gold stocks dominate the large and mid-cap wieners in early trade, led by Red 5 (ASX:RED), Capricorn (ASX:CMM), Bellevue (ASX:BGL), Resolute (ASX:RSG) and De Grey (ASX:DEG).
LOSERS
Stocks highlighted in yellow made market-moving announcements (click headings to sort).
Security Description Last % Volume MktCap MHC Manhattan Corp Ltd 0.001 -50% 62,500 $5,873,960 LNU Linius Tech Limited 0.001 -33% 24,000 $8,320,111 KPO Kalina Power Limited 0.003 -25% 50,222 $9,945,576 MRQ MRG Metals Limited 0.003 -25% 1,801,886 $10,100,475 RLC Reedy Lagoon Corp 0.003 -25% 99,400 $2,478,163 VML Vital Metals Limited 0.003 -25% 72,140 $23,580,268 GRV Greenvale Energy Ltd 0.041 -23% 1,310,072 $24,312,631 EVR EV Resources Ltd 0.0055 -21% 115,333 $9,248,900 1TT Thrive Tribe Tech 0.004 -20% 289,619 $1,883,108 EMT Emetals Limited 0.004 -20% 100,000 $4,250,000
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