Top 10 at 10: A record $45m contract for Janison, Nick Scali beats guidance

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

Security Description Last % Volume MktCap JAN Janison Education Group 0.38 49% 609,868 $65,178,741 ACS Accent Resources NL 0.01 43% 1 $3,311,891 MHC Manhattan Corp Ltd 0.004 33% 667,500 $8,810,939 ESR Estrella Res Ltd 0.005 25% 2,182,222 $7,037,487 RHY Rhythm Biosciences 0.185 23% 66,141 $33,171,388 MKG Mako Gold 0.029 21% 7,356,332 $15,897,826 CCZ Castillo Copper Ltd 0.006 20% 3,500 $6,497,527 ADD Adavale Resource Ltd 0.007 17% 596,107 $4,867,033 AL8 Alderan Resource Ltd 0.0035 17% 3,000,000 $3,320,584 VAL Valor Resources Ltd 0.0035 17% 541,429 $12,520,004

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Janison Education Group (ASX:JAN) inked a 5 year, ~$45m deal with the NSW Department of Education to deliver the state’s selective education placement tests via Janison’s digital assessment platform.

This is the largest contract signed in the company’s history.

Furniture retailer Nick Scali (ASX:NCK) today reported its results for the half year ended 31 December 2023, with a net profit after tax of $43.0m, slightly above the $40-42m guidance provided at the October 2023 Annual General Meeting.

This is still down 29% on HY23.

The company declared a fully franked interim dividend of 35 cents per share, with a record date of the 5 March 2024 and a payment date of 26 March 2024.

This represents a payout ratio of 66% (H1 FY23: 53.5%).

 

LOSERS

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

Security Description Last % Volume MktCap KPO Kalina Power Limited 0.003 -25% 80,002 $8,840,512 CRS Caprice Resources 0.02 -23% 7,937 $5,808,927 BOC Bougainville Copper 0.56 -20% 100,489 $280,743,750 CTO Citigold Corp Ltd 0.004 -20% 10,000 $15,000,000 SI6 SI6 Metals Limited 0.004 -20% 966,280 $9,969,297 AMM Armada Metals 0.024 -17% 90,000 $6,032,000 BVR Bellavista Resources 0.1 -17% 75,151 $5,953,317 IEC Intra Energy Corp 0.0025 -17% 7,117,258 $4,982,345 EEL Enrg Elements Ltd 0.011 -15% 10,000 $13,129,545 MTL Mantle Minerals Ltd 0.003 -14% 129,411 $21,691,060

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A soil sampling campaign has commenced at Intra Energy Corp’s (ASX:IEC) recently acquired Maggie Hays Hill lithium and gold project.

The post Top 10 at 10: A record $45m contract for Janison, Nick Scali beats guidance appeared first on Stockhead.

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