Rise and Shine: Everything you need to know before the ASX opens

Today on Stockhead, Josh Chiat’s got all the big bulk buy news, including the new coking coal rally, and Eddy Sunarto chats to Weebit Nano’s CEO after his company won the ASX semiconductor race to revenue.

But first, to markets!

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: US$1,992.62 (+0.15%)

Silver: US$23.67 (+0.20%)

Nickel (3mth): US$16,435/t (-3.28%)

Copper (3mth): US$8,353.50/t (-1.13%)

Oil (WTI): US$76.125 (-1.11%)

Oil (Brent): US$80.13 (-2.23%)

Iron 62pc Fe: US$129.84/t (+0.00%)

AUD/USD: 0.6555 (+0.20%)

Bitcoin: US$37,250 (+1.20%)

WHAT GOT YOU TALKING

Noooooooooooooooooooooooooooo.

Ok, maybe.

Sodium-ion could command half the Chinese domestic #electricvehicle market by 2030, analyst @heppel_george says.

Will this tech kill the #lithium dream?

https://t.co/q4hfNf3UL2

— Stockhead (@StockheadAU) November 28, 2023

YESTERDAY’S ASX SMALL CAP LEADERS

Here are the best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap ICR Intelicare Holdings 0.028 87% 4,339,961 $3,133,731 EQN Equinoxresources 0.395 58% 1,987,302 $23,875,001 PLT Plenti Group Limited 0.53 56% 1,802,767 $58,534,455 BP8 Bph Global Ltd 0.0015 50% 1,985,393 $1,615,563 CLE Cyclone Metals 0.0015 50% 47,424,402 $10,264,505 MCT Metalicity Limited 0.0015 50% 120,000 $4,251,086 VPR Volt Power Group 0.0015 50% 1,578,027 $10,716,208 AX8 Accelerate Resources 0.058 41% 47,116,986 $19,352,090 LBT LBT Innovations 0.007 40% 3,054,322 $5,779,502 NAM Namoi Cotton Ltd 0.475 34% 797,573 $72,810,627 CTN Catalina Resources 0.004 33% 2,500,000 $3,715,461 OAR OAR Resources Ltd 0.004 33% 126,251 $7,879,948 ODY Odyssey Gold Ltd 0.028 33% 363,971 $16,076,294 TSO Tesoro Gold Ltd 0.025 32% 2,932,118 $21,868,817 MCP McPherson’s Ltd 0.49 26% 462,631 $56,140,165 RGL Riversgold 0.0175 25% 29,420,869 $13,317,660 ACP Audalia Res Ltd 0.015 25% 666,779 $8,305,634 ME1 Melodiol Glb Health 0.0025 25% 82,338,563 $8,436,084 ARD Argent Minerals 0.011 22% 1,555,498 $10,610,831 OKJ Oakajee Corp Ltd 0.023 21% 9,766 $1,737,475 ASQ Australian Silica 0.06 20% 46,570 $14,093,019 CT1 Constellation Tech 0.003 20% 55,499 $3,678,001 ESR Estrella Res Ltd 0.006 20% 1,014,996 $8,795,359 NRX Noronex Limited 0.012 20% 25,046 $3,783,018 OAU Ora Gold Limited 0.006 20% 151,586 $28,110,838

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Romping it in on Tuesday: InteliCare (ASX:ICR), after securing a rather terrific non-binding Memorandum of Understanding (MoU) with Bolton Clarke – hopefully a staging ground for a full-on Strategic Partnership.

ICR is a medtech of sorts, with a fair bit of SaaS and other stuff thrown in. It’s been developing predictive analytics hardware and software for use in the aged care sector.

In this case its MOU partner also happens to be Australia’s largest independent not-for-profit aged care provider, with ICR saying its platform will find a home somewhere across Bolton Clarke’s various sites and services.

What amounts to a pilot project will assess how ICR gels within the Bolton Clarke operating environment and help ICR assess and identify areas of possible enhancement.

The non-bank lender Plenti Group (ASX:PLT) dropped some decent results for the first half of its 2024 (six months to September 30), but it’s entirely possible investors have come for the PLT’s results, but stayed for its shiny new partnership with National Australia Bank, one which actually involves money and integration into the bank’s embrace.

PLT says, the tie-in involves… “initially launching a ‘NAB powered by Plenti’ car and electric vehicle (EV) loan and then making Plenti renewable energy finance available to NAB customers.”

There’s also an equity investment deal – allowing NAB to ‘acquire up to 15% of Plenti’s share capital’ through placements and market purchases and such.

That, in fintech parlance, is commitment.

Imugene (ASX:IMU) – everyone’s fav ‘clinical stage immuno-oncology’ stock – was higher after announcing that its ‘MAST (Metastatic Advanced Solid Tumours) clinical program evaluating the safety and efficacy of novel cancer-killing virus CF33-hNIS (VAXINIA)’, has been given the sought-after “Fast Track Designation (FTD)” from the US Food and Drug Administration (FDA).

The FDA’s FTD for IMU’s Bile Duct Cancer CF33-hNIS (VAXINIA) MAST clinical program is of course great news for the company, according to Imugene CEO and MD Ms Leslie Chong.

TODAY’S ASX SMALL CAP LAGGARDS

Here are the day’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Code Company Price % Volume Market Cap WEL Winchester Energy 0.002 -33% 532,835 $3,061,266 POD Podium Minerals 0.041 -25% 1,677,462 $20,038,513 ADS Adslot Ltd. 0.003 -25% 1,355,217 $12,897,982 NZS New Zealand Coastal 0.0015 -25% 284,657 $3,334,020 GIB Gibb River Diamonds 0.031 -21% 65,028 $8,248,868 IEC Intra Energy Corp 0.004 -20% 130,952 $8,303,908 EOF Ecofibre Limited 0.105 -19% 99,162 $49,166,940 CC9 Chariot Corporation 0.69 -19% 3,220,651 $62,331,833 NNG Nexion Group 0.013 -19% 493,222 $3,236,926 TSL Titanium Sands Ltd 0.013 -19% 1,204,382 $28,348,875 NFL Norfolkmetalslimited 0.34 -17% 2,533,083 $12,433,248 ADR Adherium Ltd 0.0025 -17% 40,000,000 $15,004,781 BIM Bindimetalslimited 0.16 -16% 65,000 $5,496,225 KNB Koonenberrygold 0.032 -16% 351,983 $4,550,465 AHX Apiam Animal Health 0.275 -15% 117,520 $58,501,770 XST Xstate Resources 0.011 -15% 129,146 $4,179,749 REE Rarex Limited 0.028 -15% 3,296,462 $22,551,757 PVT Pivotal Metals Ltd 0.017 -15% 1,318,577 $10,957,366 CTE Cryosite Limited 0.55 -15% 20,000 $31,482,168 AUE Aurumresources 0.18 -14% 30,000 $7,665,000 LML Lincoln Minerals 0.006 -14% 8,153,333 $11,856,917 LNR Lanthanein Resources 0.006 -14% 368,307 $7,851,029 TMR Tempus Resources Ltd 0.006 -14% 3,885,596 $2,400,460 DGH Desane Group Hldings 0.82 -14% 38,162 $38,864,491 PPY Papyrus Australia 0.019 -14% 50,000 $10,839,237

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TRADING HALTS

IPD Group (ASX:IPG) – Pending an announcement in relation to a proposed capital raising comprising an institutional placement and pro rata accelerated non-renounceable entitlement offer

Provaris Energy (ASX:PV1) – Pending an announcement regarding a capital raising

LCL Resources (ASX:LCL) – Pending an announcement regarding a capital raising

88 Energy (ASX:88E) – Pending an announcement regarding a capital raising

Cooper Metals (ASX:CPM) – Pending an announcement regarding material exploration results

Euro Manganese (ASX:EMN) – Pending an announcement to the market in relation to a financing transaction, for which the documents are just being signed

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