Top 10 at 11: Rebranding, realigning and getting on top of delays are news today

Estimated read time 2 min read

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, which is meant 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 that have made announcements.

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 then I do my best to make sense of who’s moving where and why it might be happening.

Here’s what’s been happening since the doors were opened this morning.

 

WINNERS

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

Code Company Price % Volume Market Cap BP8 Bph Global Ltd 0.002 100% 318,954 $1,954,116 1MC Morella Corporation 0.004 33% 300,000 $18,536,398 IS3 I Synergy Group Ltd 0.008 33% 1,000 $1,824,482 AME Alto Metals Limited 0.037 28% 608,170 $20,924,172 AL8 Alderan Resource Ltd 0.005 25% 200,000 $4,427,445 GMN Gold Mountain Ltd 0.005 25% 1,140,570 $9,111,514 PUR Pursuit Minerals 0.005 25% 100,000 $11,775,886 COD Coda Minerals Ltd 0.13 24% 31,500 $14,948,994 CCO The Calmer Co Int 0.006 20% 9,166,666 $5,377,928

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Spacetalk (ASX:SPA) has relaunched its Life watch as a Mobile Personal Emergency Response System (mPERS) device, initially intending to go to market in collaboration with Safety Link, a 24/7 monitoring provider and part of Grampians Health, Victoria

Impact Minerals (ASX:IPT) has announced that it has hit the key milestone of achieving 99.99% (4N) High Purity Alumina (HPA) at the Lake Hope Project, in Western Australia.

 

LOSERS

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

Code Description Last % Volume MktCap LSR Lodestar Minerals 0.002 -33% 15,581,000 $6,070,192 MRC Mineral Commodities 0.021 -25% 450,135 $27,565,233 ADG Adelong Gold Limited 0.004 -20% 20,000 $3,498,278 HCD Hydrocarbon Dynamic 0.004 -20% 614 $4,042,912 RGL Riversgold 0.008 -20% 310,500 $9,676,615 RIL Redivium Limited 0.004 -20% 250,000 $13,654,274 AQX Alice Queen Ltd 0.005 -17% 2,264,807 $4,145,905 RKT Rocketdna Ltd. 0.006 -14% 35,000 $4,592,804 LLC Lendlease Group 6.47 -14% 936,837 $5,179,138,175

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Mineral Commodities (ASX:MRC) has revealed there are production delays at the Tormin Mine in South Africa, held by the company’s 50% owned subsidiary, Mineral Sands Resources, with unplanned delays in both mine and plant, impacting production.

 

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