Top 10 at 11: Not a whole lotta big movers – but there’s not a whole lotta news, either

Estimated read time 3 min read

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 – and lucky ol’ me gets to try to get a sense of what’s happening.

 

WINNERS

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

Code Company Price % Volume Market Cap RGS Regeneus Ltd 0.007 75% 3,666,881 $1,225,748 DAL Dalaroo Metals 0.042 45% 7,369,410 $2,366,400 AVW Avira Resources Ltd 0.002 33% 2,260,049 $3,200,685 MCT Metalicity Limited 0.002 33% 3,130,000 $6,376,629 SIS Simble Solutions 0.004 33% 100,000 $1,808,852 KP2 Kore Potash PLC 0.01 25% 200,000 $5,352,460 CNJ Conico Ltd 0.006 20% 15,000 $7,850,475 GTG Genetic Technologies 0.003 20% 3,400,000 $28,854,145 LVT Livetiles Limited 0.006 20% 455,670 $5,885,553 PKO Peako Limited 0.006 20% 2,500,000 $2,635,424

WordPress Tables Plugin

 

Regeneus (ASX:RGS) is up this morning on the heels of the company’s AGM yesterday, where – among other things – shareholders voted to allow the company to transfer 700,000 shares of unlisted biotech Sangui Bio as part of a debt settlement with Paddington St Finance.

Dalaroo Metals (ASX:DAL) is on the rise this morning, on news that Delta Lithium (ASX:DLI) has coughed up a cool $1 million for Dalaroo’s lithium mineral rights at the Lyons River project in WA, leaving Dalaroo with $500,000 worth of Delta shares, and $500,000 folding money to spend on its Goodbody gold prospect, Browns base metal prospect and the View Hill REE prospect.

 

LOSERS

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

Code Company Price % Volume Market Cap CLE Cyclone Metals 0.0015 -25% 2,829,066 $20,529,010 IEC Intra Energy Corp 0.003 -25% 180,000 $6,643,126 PRS Prospech Limited 0.033 -20% 1,847,008 $9,010,159 RR1 Reach Resources Ltd 0.005 -17% 2,872,696 $19,261,783 HCD Hydrocarbon Dynamic 0.006 -14% 500,000 $4,547,661 NPMDA Newpeak Metals 0.024 -14% 784,891 $2,798,762 YAR Yari Minerals Ltd 0.012 -14% 306,950 $6,753,009 EPM Eclipse Metals 0.008 -11% 949,000 $18,562,988 ALY Alchemy Resource Ltd 0.009 -10% 81,329 $11,780,763 IPB IPB Petroleum Ltd 0.009 -10% 46,000 $5,651,224

WordPress Tables Plugin

 

Prospech (ASX:PRS) is showing a dip this morning on news of a share purchase plan, that would allow shareholders to nab up to $30,000 worth of new Prospech shares at an issue price of $0.031, well below yesterday’s closing price of $0.041.

Intra Energy (ASX:IEC) is also showing a dip, following the company’s recent AGM. Shareholders there have voted in favour of a 10% placement facility and the issuing of a tranche of adviser and director options.

Eclipse Metals (ASX:EPM) is lower this morning, despite announcing that rare earth mineralisation at the company’s Grønnedal project in Greenland “extends over 5 km by 2km, with an exploration target focusing on 3 km by 800 m of ferrocarbonatite”.

 

 

 

The post Top 10 at 11: Not a whole lotta big movers – but there’s not a whole lotta news, either appeared first on Stockhead.

You May Also Like

+ There are no comments

Add yours