{"id":3094,"date":"2023-12-12T18:00:21","date_gmt":"2023-12-12T18:00:21","guid":{"rendered":"https:\/\/economicherald.net\/?p=3094"},"modified":"2023-12-12T18:00:21","modified_gmt":"2023-12-12T18:00:21","slug":"rise-and-shine-everything-you-need-to-know-before-the-asx-opens-31","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=3094","title":{"rendered":"Rise and Shine: Everything you need to know before the ASX opens"},"content":{"rendered":"<p>Good morning everyone, and welcome to Wednesday, 13 December \u2013 an important date on the cultural calendar, as it was on this day in 1759 that the first music store in the United States opened its doors for the first time.<\/p>\n<p>Within 45 minutes, the store\u2019s proprietor \u2013 Michael Hillegas \u2013 was forced to put up a sign reading \u201cNO STAIRWAY TO HEAVEN\u201d next to the guitar section.<\/p>\n<p>It was a bold move by Hillegas \u2013 opening the music store, not the thing with the sign \u2013 as the city of Philadelphia was, at that time, still well and truly under the influence of the very religious and ultra-conservative Calvinists and Quakers.<\/p>\n<p>Those communities\u2019 loathing of music and other forms of entertainment was the stuff of legend, and \u2013\u00a0rumour has it \u2013 that both of these factions of Christianity were staunchly opposed to the idea of married couples having sex standing up, as it could lead to people dancing.<\/p>\n<p>The music shop was quite a hit among the city\u2019s population, and led directly to the birth of one of Philadelphia\u2019s greatest musical exports in 1968, who called himself The Fresh Prince.<\/p>\n<p>It was, of course, noted actor Will Smith, who went from being born in Philadelphia to rising through the ranks of the Hollywood elite, culminating in him assaulting a comedian live on TV, just minutes before accepting the highest possible honour the global film industry has to offer.<\/p>\n<p>The City of Brotherly Love, indeed.<\/p>\n<p>But I have some fabulous news for everyone: that sort of egregious assault and horrifying double-standard of behaviour aren\u2019t the kind of thing you\u2019ll find around here at Stockhead, though\u2026 because here at Stockhead, we care a lot.<\/p>\n<p>That\u2019s why Rob Badman\u2019s been so busy putting together <a href=\"https:\/\/stockhead.com.au\/resources\/high-voltage-reasons-to-stay-plugged-into-lithium-and-other-battery-metals-in-2024\/\" target=\"_blank\" rel=\"noopener\">a wrap-up of what\u2019s happening on the energy market this week<\/a>, and why Earlybird Eddy Sunarto has dusted off his interview hat, to <a href=\"https:\/\/stockhead.com.au\/tech\/predictability-and-consistency-dicker-data-says-the-company-is-prepared-to-ride-the-next-big-tech-boom\/\" target=\"_blank\" rel=\"noopener\">go talk to the team at Dicker Data about data<\/a>. Just data.<\/p>\n<p>Plus, below you\u2019ll find all the usual digits and data to get your motor rumbling before the market opens today.<\/p>\n<p>\u00a0<\/p>\n<h2>COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n<p>Gold: US$1,985.35 (+0.18%)<\/p>\n<p>Silver: US$22.92 (-0.01%)<\/p>\n<p>Nickel (3mth): US$16,300.00\/t (-1.83%)<\/p>\n<p>Copper (3mth): US$8,275.25\/t (-0.87%)<\/p>\n<p>Oil (WTI): US$71.73 (+0.48%)<\/p>\n<p>Oil (Brent): US$76.43 (+0.42%)<\/p>\n<p>Iron 62pc Fe: US$135.45\/t (+0.78%)<\/p>\n<p>AUD\/USD: 0.6594 (+0.40%)<\/p>\n<p>Bitcoin: US$41,535.50 (+0.72%)<\/p>\n<p>\u00a0<\/p>\n<h2>WHAT GOT YOU TALKING<\/h2>\n<p>Our rapidly growing Stockhead TV team has managed to corner Latin Resources boss Chris Gale for a quickfire chat about all the excitement behind his company\u2019s market-melting Salinas lithium project in South America.<\/p>\n<p>\u00a0<\/p>\n<p>Excitement surrounding Latin Resources\u2019 Salinas lithium project in Brazil continues to bubble as its resource grew more than 50% in size this month<a href=\"https:\/\/t.co\/HUMwsst3fo\">https:\/\/t.co\/HUMwsst3fo<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ad?src=hash&amp;ref_src=twsrc%5Etfw\">#ad<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ASX?src=hash&amp;ref_src=twsrc%5Etfw\">#ASX<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LRS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LRS<\/a> <a href=\"https:\/\/twitter.com\/LatinRes?ref_src=twsrc%5Etfw\">@LatinRes<\/a><\/p>\n<p>\u2014 Stockhead (@StockheadAU) <a href=\"https:\/\/twitter.com\/StockheadAU\/status\/1734349012067578130?ref_src=twsrc%5Etfw\">December 11, 2023<\/a><\/p>\n\n<p>\u00a0<\/p>\n<h2>YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n<p>Here are the best performing ASX small cap stocks:<\/p>\n<p>Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">Code Company Price % Volume Market Cap VPR Volt Power Group 0.0015 50% 270,022 $10,716,208 NGY Nuenergy Gas Ltd 0.033 38% 73,000 $35,542,932 BAT Battery Minerals Ltd 0.06 36% 2,571,486 $5,912,038 WIN Widgienickellimited 0.11 34% 2,297,819 $24,431,494 CYQ Cycliq Group Ltd 0.004 33% 216 $1,072,550 IEC Intra Energy Corp 0.004 33% 267,111 $4,982,345 RMX Red Mount Min Ltd 0.004 33% 125,081 $8,020,728 VRC Volt Resources Ltd 0.008 33% 34,787,957 $24,780,640 DOC Doctor Care Anywhere 0.06 33% 785,960 $16,498,901 BCA Black Canyon Limited 0.15 30% 122,028 $7,836,268 CXU Cauldron Energy Ltd 0.024 26% 12,244,668 $21,511,105 ESR Estrella Res Ltd 0.005 25% 2,637,333 $7,037,487 T3DDB 333D Limited 0.005 25% 80,607 $425,242 REM Remsensetechnologies 0.022 22% 121,964 $1,902,300 KNB Koonenberrygold 0.034 21% 48,034 $3,352,974 TTT Titomic Limited 0.04 21% 12,447,311 $29,443,976 SPQ Superior Resources 0.018 20% 1,419,991 $27,518,306 JAY Jayride Group 0.03 20% 28,686 $5,860,228 NME Nex Metals Explorat 0.03 20% 200,000 $8,813,313 1MC Morella Corporation 0.006 20% 635,000 $30,893,997 BLY Boart Longyear 1.6 19% 8,542 $396,533,355 DM1 Desert Metals 0.059 18% 119,500 $3,752,054 HIQ Hitiq Limited 0.021 17% 561,183 $5,876,238 FHS Freehill Mining Ltd. 0.0035 17% 15,000 $8,549,503 SIS Simble Solutions 0.0035 17% 420,000 $1,808,852 <!-- \/#supsystic-table-13633.supsystic-table --><\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.30 --><!-- http:\/\/supsystic.com\/ --><a title=\"WordPress Tables Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Tables Plugin<\/a><\/p>\n<p>\u00a0<\/p>\n<p>Yesterday\u2019s Small Caps highlights were:<\/p>\n<p>Leading the Small Caps winners on Tuesday was UK-based telehealth company<a href=\"https:\/\/stockhead.com.au\/company\/doctor-care-anywhere-group-plc-doc\/\"> Doctor Care Anywhere Group PLC (ASX:DOC)<\/a>, which is making some decent (and rapid) gains this morning after news broke that the company is set to repay its December 2022 senior loan facility with AXA PPP Healthcare Group.<\/p>\n<p>In second place, it was<a href=\"https:\/\/stockhead.com.au\/company\/widgie-nickel-win\/\"> Widgie Nickel (ASX:WIN)<\/a>, which took off on an uphill sprint late in the day, seemingly of its own accord, as the company hasn\u2019t had much to say to the market for quite some time.<\/p>\n<p>It\u2019s also been on a steady decline in trading price since early October, falling from $0.23 to $0.082 Monday, so this sudden rush of blood to the head is a little mysterious \u2013 the price for nickel did jump overnight to reach US$16,300\/tonne, but that\u2019s hardly enough to move Widgie\u2019s needle to the extent that it moved yesterday.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/titomic-ttt\/\">Titomic (ASX:TTT)<\/a> was on a slow burn Tuesday, but managed to squeak into the Top 3 by the close of play, thanks to news that the company has signed on to a strategic manufacturing partnership agreement with St\u00e4rke Advanced Manufacturing Group (St\u00e4rke), a global, advanced manufacturer headquartered in South Australia.<\/p>\n<p>The announcement makes no specific mention of precisely what the two companies are going to be collaborating on, but it does mention that St\u00e4rke is quite heavily into \u201cvarious high-performance sectors, including defence, aerospace, and automotive\u201d. Make of that what you will.<\/p>\n<p>\u00a0<\/p>\n<h2>YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n<p>Here are the worst performing ASX small cap stocks:<\/p>\n<p>Swipe or scroll to reveal full table. Click headings to sort:<\/p>\n<div class=\"supsystic-table-loader spinner\"><\/div>\n<div class=\"supsystic-tables-wrap \">Code Company Price % Volume Market Cap PBL Parabellumresources 0.078 -77% 489,011 $21,493,500 NZS New Zealand Coastal 0.001 -50% 500 $3,334,020 SHN Sunshine Metals Ltd 0.017 -43% 73,845,092 $36,720,253 TG6 Tgmetalslimited 0.465 -36% 9,771,506 $39,482,902 APL Associate Global 0.13 -26% 40,000 $9,886,175 1AG Alterra Limited 0.006 -25% 400,000 $5,572,420 AVW Avira Resources Ltd 0.0015 -25% 169,333 $4,267,580 VBC Verbrec Limited 0.065 -24% 86,674 $21,530,471 AYT Austin Metals Ltd 0.007 -22% 1,553,863 $9,142,872 ATH Alterity Therap Ltd 0.0055 -21% 3,847,908 $19,616,523 EDE Eden Inv Ltd 0.002 -20% 1,000,000 $9,167,534 YOJ Yojee Limited 0.004 -20% 126,251 $6,529,926 MHI Merchant House 0.041 -20% 27,288 $4,807,591 ZNO Zoono Group Ltd 0.043 -19% 402,368 $10,066,167 NPM Newpeak Metals 0.015 -17% 592,884 $1,799,131 BMG BMG Resources Ltd 0.01 -17% 1,083,800 $7,605,566 LTP Ltr Pharma Limited 0.32 -16% 4,849,616 $26,754,085 BCT Bluechiip Limited 0.016 -16% 3,378,262 $14,954,673 PRS Prospech Limited 0.033 -15% 1,897,902 $8,746,832 AYA Artryalimited 0.17 -15% 289,561 $15,729,799 M2R Miramar 0.024 -14% 190,003 $4,168,347 NAE New Age Exploration 0.006 -14% 626,667 $12,557,292 GLN Galan Lithium Ltd 0.5 -14% 3,579,243 $204,868,922 S2R S2 Resources 0.1775 -13% 1,904,333 $84,189,712 OEQ Orion Equities 0.08 -13% 54,446 $1,439,729 <!-- \/#supsystic-table-13634.supsystic-table --><\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.30 --><!-- http:\/\/supsystic.com\/ --><a title=\"WordPress Tables Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Tables Plugin<\/a><\/p>\n<p>\u00a0<\/p>\n<h2>TRADING HALTS<\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/propell-phl\/\">Propell (ASX:PHL)<\/a> \u2013 pending an announcement to the market in relation to a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/atturra-ata\/\">Atturra (ASX:ATA)<\/a> \u2013 pending an announcement regarding a fully underwritten Arrow Minerals (ASX: AMD) \u2013 halt called in respect of a proposed capital raising and proposed board restructure.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/hyterra-hyt\/\">HyTerra (ASX:HYT)<\/a> \u2013 requested for the purposes of finalising an announcement regarding a prospective resources assessment on Project Nemaha in Kansas, USA.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/raiden-resources-rdn\/\">Raiden Resources (ASX:RDN)<\/a> \u2013 pending an announcement by the company to the market in relation to a pending strategic partnership.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/dome-gold-mines-dme\/\">Dome Gold Mines (ASX:DME)<\/a> \u2013 pending the release of an announcement regarding a memorandum of understanding relating to an off-take.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/news\/rise-and-shine-everything-you-need-to-know-before-the-asx-opens-346\/\">Rise and Shine: Everything you need to know before the ASX opens<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Good morning everyone, and welcome to Wednesday, 13 December \u2013 an important date on the cultural calendar, as it was on this day in 1759 <a href=\"https:\/\/economicherald.net\/?p=3094\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":239,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3094","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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