{"id":11970,"date":"2024-07-07T19:30:56","date_gmt":"2024-07-07T19:30:56","guid":{"rendered":"https:\/\/economicherald.net\/?p=11970"},"modified":"2024-07-07T19:30:56","modified_gmt":"2024-07-07T19:30:56","slug":"rise-and-shine-everything-you-need-to-know-before-the-asx-opens-178","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=11970","title":{"rendered":"Rise and Shine: Everything you need to know before the ASX opens"},"content":{"rendered":"

<\/a><\/p>\n

Good morning everyone, and welcome to 8 July, 2024 \u2013 an important day in the history of the world for a very windy reason.<\/p>\n

That\u2019s because it was on this day in 1680 the first confirmed tornado in America killed a servant at Cambridge, Massachusetts, when he was trapped inside his master\u2019s horse-drawn carriage when the storm touched down.<\/p>\n

Having tasted human blood, the storms became adept at spotting and targeting large collections of mobile homes from the air, before descending to hunt.<\/p>\n

Some meteorologists theorise it\u2019s a way for the tornados to engage with their prey. More adept tornados choose to target mobile dwellings over their more traditional, motionless houses to \u201cgive the puny humans something of a sporting chance at evading the terrible might and power of these howling funnel beasts of the sky\u201d.<\/p>\n

Others suggest that it might only be the dumbest of humans who, given their lower than average intelligence, are not only forced by circumstance to live in areas known to be hunting grounds of the tornados, but are also only able to afford the kind of house that requires wheels.<\/p>\n

Luckily for you, you don\u2019t need to be whisked from your home in Kansas to go on a killing spree through a mystical land with three highly unlikely companions in order to get your hands on the info you need today.<\/p>\n

The ineffable Tim Boreham spills the tea dendrimer technology specialist Starpharma<\/a>, and if you missed the sternest man in stocks Barry Fitzgerald having his say about Sovereign\u2019s Kasiya project in Malawi<\/a>, you should definitely take a look at it now.<\/p>\n

As a brief aside, that word \u2018ineffable\u2019 is a great word, but it doesn\u2019t mean what it looks like it should mean.<\/p>\n

I heard it a lot in the hymns I sang as a boy, when I was Head Chorister of my fancy high school\u2019s chapel choir, and it first I thought it was a polite Christian way of suggesting that it meant \u201cunable to have sex\u201d.<\/p>\n

It doesn\u2019t mean that, though. It means \u201cincapable of being expressed in words\u201d. In one sense, I was correct\u2026 because, it\u2019s usually used in a positive sense, and as such almost always crops up in Christian texts when it would be completely improper to use the more obvious phrase, which is something that sounds a lot like \u201cfreakin\u2019 amazing\u201d.<\/p>\n

Anyway\u2026 Tim and Barry have drummed up some great stuff as per usual, and \u2013 as always \u2013 I\u2019ve thrown together lots of fiddly little things below, so you don\u2019t need to go ferreting all over the internet for your ASX info this morning.<\/p>\n

\u00a0<\/p>\n

COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n

Gold: US$2,399.85\/oz (+1.29%)<\/p>\n

Silver: US$31.52\/oz (+2.21%)<\/p>\n

Nickel (3mth): US$17,383\/t (+0.96%)<\/p>\n

Copper (3mth): US$9,983\/t (+1.02%)<\/p>\n

Zinc: US$3,003\/t (0.55%)<\/p>\n

Oil (WTI): US$83.44\/bbl (-0.52%)<\/p>\n

Oil (Brent): US$86.86\/bbl (-0.65%)<\/p>\n

Iron 62pc Fe: US$111.31\/t (-1.52%)<\/p>\n

AUD\/USD: 0.6748 (+0.31%)<\/p>\n

Bitcoin: US$57,689.00 (+1.70%)<\/p>\n

\u00a0<\/p>\n

WHAT GOT YOU TALKING<\/h2>\n

Josh Chiat dropped this excellent dive into why coal stocks are generating a lot of heat on the ASX at the moment.<\/p>\n

\u00a0<\/p>\n

If you\u2019ve been reading Stockhead over the past few days, you\u2019ll be unsurprised to hear #coking<\/a> #coal<\/a> #stocks<\/a> are on a tear. | #ASX<\/a> https:\/\/t.co\/bHRqHPabxC<\/a><\/p>\n

\u2014 Stockhead (@StockheadAU) July 5, 2024<\/a><\/p>\n\n

\u00a0<\/p>\n

FRIDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n

Here are the best performing ASX small cap stocks:<\/p>\n

Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n

<\/div>\n
\n
<\/div>\n

Code Company Price % Change Volume Market Cap PUA Peak Minerals Ltd 0.005 50.0 36,996,203 $3,124,130 CLZ Classic Min Ltd 0.002 50.0 14,927,273 $808,365 WML Woomera Mining Ltd 0.003 50.0 2,165,400 $2,436,278 EQS Equitystorygroupltd 0.022 46.7 376,585 $1,634,902 TTT Titomic Limited 0.135 42.1 15,538,128 $96,010,406 AQC Auspaccoal Ltd 0.097 36.6 1,708,921 $37,899,866 I88 Infini Resources Ltd 0.485 34.7 1,975,757 $13,673,997 ZLD Zelira Therapeutics 0.460 27.8 13,075 $4,084,976 CCM Cadoux Limited 0.070 27.3 415,789 $20,400,467 WIN WIN Metals 0.028 27.3 1,751,534 $7,021,433 ICL Iceni Gold 0.089 25.4 3,390,507 $19,366,035 SPD Southernpalladium 0.425 25.0 45,607 $30,515,000 ASR Asra Minerals Ltd 0.005 25.0 1,004,984 $8,144,317 LRL Labyrinth Resources 0.005 25.0 4,448,355 $4,750,175 SIS Simble Solutions 0.003 25.0 35,749 $1,506,901 <\/p>\n

<\/div>\n<\/div>\n

WordPress Table Plugin<\/a><\/p>\n

\u00a0<\/p>\n

Friday\u2019s Small Cap Winners included:<\/h2>\n

There was a lot of interest in Titomic (ASX:TTT)<\/a> on Friday, but the latest news from the company is already four days old \u2013 but, for what it\u2019s worth, it was pretty good news. The company sold one of its custom high-pressure cold spray systems to the Oregon Manufacturing Innovation Centre for a cool $1.2 million.<\/p>\n

The system, once installed, will allow the Oregon centre to\u00a0 get into the additive manufacture of multi-metal parts, large-scale titanium parts, and the manufacture of multi-metal coatings, Titomic says.<\/p>\n

Classic Minerals (ASX:CLZ)<\/a> climbed on Friday in the wake of an announcement that LDA Capital had subscribed for 49,850,800 shares of the 51,000,000 on offer, for a total of $47,500.00 at a price per Subscription Share of $0.00095. CLZ submitted the capital Call Notice under the terms of its strategic $15 million Put Option Agreement with the US-based financier announced in December 2022.<\/p>\n

Peak Minerals (ASX:PUA)<\/a> was rising on Friday morning on news that the company has executed binding agreements for the acquisition of 80% of the highly prospective Kitongo and Lolo Uranium Projects and the Minta Rutile Project in Cameroon, West Africa.<\/p>\n

The acquisition includes six exploration permits under valid application covering an area of ~2400km2, including the areas previously held by Mega Uranium Ltd (TSX:MGA)<\/strong> and actively explored until 2011.<\/p>\n

iTech Minerals (ASX:ITM)<\/a> was celebrating rock chip sampling results from Reynolds Range, which have come back with samples as high as 182g\/t Au, with totals for copper, silver, base metals and lithium still pending, but they are expected to arrive in the coming weeks.<\/p>\n

And Zelira Therapeutics (ASX:ZLD)<\/a> was performing well after recieving a shot in the arm \u2013 and a show of confidence \u2013 from the company chairman Mr Osagie Imasogie, who has provided the company with a $1.4 million unsecured loan.<\/p>\n

The loan was announced several days ago, and Zelira has informed the market that the money has arrived. It will be used to support the advancement of the HOPE SPV clinical trial, as well as general working capital purposes.<\/p>\n

\u00a0<\/p>\n

FRIDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n

Here are the worst performing ASX small cap stocks:<\/p>\n

Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n

<\/div>\n
\n
<\/div>\n

Code Company Price % Change Volume Market Cap SHO Sportshero Ltd 0.003 -40.0 2,876,995 $3,089,164 ME1 Melodiol Glb Health 0.002 -33.3 11,287,694 $691,387 MMM Marley Spoon Se 0.024 -27.3 257,374 $3,884,905 AAU Antilles Gold Ltd 0.003 -25.0 1,003,376 $3,986,140 EXL Elixinol Wellness 0.003 -25.0 611,859 $5,284,729 NGS NGS Ltd 0.003 -25.0 12,596,378 $1,004,910 TMG Trigg Minerals Ltd 0.009 -25.0 1,196,724 $5,168,168 CAQ CAQ Holdings Ltd 0.016 -23.8 354,565 $15,073,512 1MCDA Morella Corporation 0.060 -20.0 222,690 $18,536,398 ALR Altairminerals 0.004 -20.0 1,193,839 $21,482,888 CDT Castle Minerals 0.004 -20.0 2,904,813 $6,639,132 MCL Mighty Craft Ltd 0.004 -20.0 453,679 $1,844,546 MRQ Mrg Metals Limited 0.004 -20.0 78,393,793 $12,625,593 ROG Red Sky Energy. 0.004 -20.0 344,749 $27,111,136 SMM Somerset Minerals 0.004 -20.0 3,004,302 $5,154,994 PWN Parkway Corp Ltd 0.008 -16.7 2,337,618 $24,904,025 UCM Uscom Limited 0.015 -16.7 42,622 $4,488,201 EVR Ev Resources Ltd 0.005 -16.7 828,000 $7,927,629 HT8 Harris Technology Gl 1.000 -16.7 66,653 $3,589,626 FBM Future Battery 0.032 -16.0 997,050 $25,166,485 <\/p>\n

<\/div>\n<\/div>\n

WordPress Table Plugin<\/a><\/p>\n

\u00a0<\/p>\n

TRADING HALTS\u00a0<\/h2>\n

Patagonia Lithium (ASX:PL3)<\/strong><\/a> \u2013 pending\u00a0 an announcement to the market in relation to a capital raising.<\/p>\n

Toys R Us (ASX:Toy)<\/strong><\/a> \u2013 pending an announcement regarding a capital raise.<\/p>\n

The post Rise and Shine: Everything you need to know before the ASX opens<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Good morning everyone, and welcome to 8 July, 2024 \u2013 an important day in the history of the world for a very windy reason. That\u2019s [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":239,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-11970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nRise and Shine: Everything you need to know before the ASX opens - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=11970\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rise and Shine: Everything you need to know before the ASX opens - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Good morning everyone, and welcome to 8 July, 2024 \u2013 an important day in the history of the world for a very windy reason. That\u2019s [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=11970\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-07T19:30:56+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Rise and Shine: Everything you need to know before the ASX opens\",\"datePublished\":\"2024-07-07T19:30:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970\"},\"wordCount\":1152,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=11970\",\"name\":\"Rise and Shine: Everything you need to know before the ASX opens - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg\",\"datePublished\":\"2024-07-07T19:30:56+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=11970\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg\",\"width\":1200,\"height\":675},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=11970#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rise and Shine: Everything you need to know before the ASX opens\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Rise and Shine: Everything you need to know before the ASX opens - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=11970","og_locale":"en_US","og_type":"article","og_title":"Rise and Shine: Everything you need to know before the ASX opens - Economic Herald","og_description":"Good morning everyone, and welcome to 8 July, 2024 \u2013 an important day in the history of the world for a very windy reason. That\u2019s [more...]","og_url":"https:\/\/economicherald.net\/?p=11970","og_site_name":"Economic Herald","article_published_time":"2024-07-07T19:30:56+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=11970#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=11970"},"author":{"name":"","@id":""},"headline":"Rise and Shine: Everything you need to know before the ASX opens","datePublished":"2024-07-07T19:30:56+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=11970"},"wordCount":1152,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=11970#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=11970","url":"https:\/\/economicherald.net\/?p=11970","name":"Rise and Shine: Everything you need to know before the ASX opens - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=11970#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=11970#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg","datePublished":"2024-07-07T19:30:56+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=11970#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=11970"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=11970#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/What-to-know-before-the-ASX-opens-on-Friday-27-October.-Picture-Getty-Y3yR2w.jpeg","width":1200,"height":675},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=11970#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Rise and Shine: Everything you need to know before the ASX opens"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/11970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11970"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/11970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/239"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}