{"id":3239,"date":"2023-12-14T11:35:51","date_gmt":"2023-12-14T11:35:51","guid":{"rendered":"https:\/\/economicherald.net\/?p=3239"},"modified":"2023-12-14T11:35:51","modified_gmt":"2023-12-14T11:35:51","slug":"rise-and-shine-everything-you-need-to-know-before-the-asx-opens-33","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=3239","title":{"rendered":"Rise and Shine: Everything you need to know before the ASX opens"},"content":{"rendered":"<p>Good morning everyone, and welcome to Friday 15 December \u2013 an important date on the actual calendar, as it was on this day in 1582 that Denmark, Norway and the apparently Spanish part of the Netherlands put all their Julian calendars in the bin, and adopted the Gregorian calendar instead.<\/p>\n<p>The calendar was named for Pope Gregory the Umpteenth, and it was considered superior to the exiting Julian calendar because it offered a more precise interpretation of the length of each year.<\/p>\n<p>You see, the Julian calendar looked a lot like Gregorian calendar, except that it worked on the basis that every year was precisely 365.25 days long \u2013\u00a0which is why, every four years without fail, they tacked an extra day on the end of February and called it a Leap Year.<\/p>\n<p>However, the even more precise length of a year is actually 365.2425 days \u2013 which doesn\u2019t seem like much, until you start to think about the effect that continuing with the tradition of a leap year every four years would have.<\/p>\n<p>And that effect is the dreaded Equinox Creep \u2013 which, under the Julian Calendar, would have seen the various equinoxes humans observe slowly move from date to date every four years, which in turn would lead to cows wanting to be milked at inconvenient times, and the fading of kitchen curtains everywhere but Queensland, because their smart.<\/p>\n<p>Plus, the Julian calendar was making it hard to accurately predict when Easter was meant to happen, which was playing havoc with the Easter Bunny\u2019s ability to adequately secure chocolate, a highly perishable commodity in the pre-refrigeration era.<\/p>\n<p>Given the popularity of the Gregorian calendar, though, I am saddened that the uptake of my own \u201cGregorian work-week\u201d has met with such fierce resistance, despite it making it very easy to plan for Easter by making every working week just three days in length, so the four-day Easter celebration can be accommodated whenever we feel like it.<\/p>\n<p>But, since we\u2019re all still plodding along on a five-day work week, there\u2019s still plenty of work that needs to be done \u2013 and luckily for you, the Stockhead team has been robust in its efforts to ignore my efforts to turn every Friday and Monday into part of an extended weekend.<\/p>\n<p>Hence, Guy Le Page has <a href=\"https:\/\/stockhead.com.au\/resources\/guy-on-rocks-this-90m-capped-gold-miner-has-paid-out-38m-in-dividends-since-2021\/\" target=\"_blank\" rel=\"noopener\">found an affordable gold stock that pays chunky dividends<\/a>, and Bevis Yeo\u2019s got his <a href=\"https:\/\/stockhead.com.au\/energy\/power-up-oil-output-cut-what-oil-output-cut\/\" target=\"_blank\" rel=\"noopener\">own wrap-up of the local Energy sector players as well<\/a>.<\/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<h2><\/h2>\n<h2>COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n<p>Gold: US$2,031.78 (+0.21%)<\/p>\n<p>Silver: US$23.85 (+0.17%)<\/p>\n<p>Nickel (3mth): US$16,090.00\/t (-1.05%)<\/p>\n<p>Copper (3mth): US$8,204.95\/t (-0.81%)<\/p>\n<p>Oil (WTI): US$69.69 (-0.25%)<\/p>\n<p>Oil (Brent): US$74.58 (-0.05%)<\/p>\n<p>Iron 62pc Fe: US$135.66\/t (+0.37%)<\/p>\n<p>AUD\/USD: 0.6715 (+0.77%)<\/p>\n<p>Bitcoin: US$42,773.90 (-0.37%)<\/p>\n<p>\u00a0<\/p>\n<h2>WHAT GOT YOU TALKING<\/h2>\n<p>Our chat with Wisr boss Andrew Goodwin got a lot of attention yesterday \u2013 if you missed it, here\u2019s a link to get you up to speed on what he\u2019s focussed on this week.<\/p>\n<p>\u00a0<\/p>\n<p>What is Financial Wellness? how does it help people make everyday financial decisions? and how does it relate to the WISR business model. Andrew Goodwin from WZR tells us the Facts on financial wellness <a href=\"https:\/\/t.co\/RQ9jaA1ESD\">https:\/\/t.co\/RQ9jaA1ESD<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ad?src=hash&amp;ref_src=twsrc%5Etfw\">#ad<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ASX?src=hash&amp;ref_src=twsrc%5Etfw\">#ASX<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ASX200?src=hash&amp;ref_src=twsrc%5Etfw\">#ASX200<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24WZR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WZR<\/a> <a href=\"https:\/\/twitter.com\/wisrcommunity?ref_src=twsrc%5Etfw\">@wisrcommunity<\/a> <a href=\"https:\/\/t.co\/eEos5P4QB1\">pic.twitter.com\/eEos5P4QB1<\/a><\/p>\n<p>\u2014 Stockhead (@StockheadAU) <a href=\"https:\/\/twitter.com\/StockheadAU\/status\/1735115545421262884?ref_src=twsrc%5Etfw\">December 14, 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<p>The table with ID 0 not exists.<\/p>\n<p>\u00a0<\/p>\n<p>Doing well was<a href=\"https:\/\/stockhead.com.au\/company\/battery-minerals-bat\/\"> Battery Minerals (ASX:BAT)<\/a>, which has been on a tear for the past few days and appears to be gathering even more steam, since announcing it had completed a private placement to two strategic investors at $0.038 per share, with 14.76 million new fully paid ordinary shares issued to raise $560,880 on 8 December.<\/p>\n<p>Since then, Battery Minerals has raced well beyond that valuation, and at the time of writing is sitting at $0.110, making the 8 December buy-ins one of the most remarkably prescient transactions of the month.<\/p>\n<p>Breast cancer detection tech company<a href=\"https:\/\/stockhead.com.au\/company\/volpara-health-technologies-vht\/\"> Volpara Health Technologies (ASX:VHT)<\/a> climbed more than 42% today on news that Korean-listed cancer detection tech company Lunit wants to spend up big on a total takeover.<\/p>\n<p>Lunit has offered Volpara shareholders $1.15 per share in cash, giving the deal an implied value of around $300 million, which the Volpara board has very enthusiastically endorsed.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/kore-potash-kp2\/\">Kore Potash (ASX:KP2)<\/a> is up nicely, on slim volume, after an announcement of management changes at the company, which saw acting CFO Amanda Farris resign and new CFO Andrey Maruta step in to replace her.<\/p>\n<p>And\u00a0<a href=\"https:\/\/stockhead.com.au\/company\/rtg-mining-rtg\/\"><strong>RTG Mining (ASX:RTG)<\/strong><\/a> is having a belter as well, on the back of news that the company has confirmed multiple styles of mine alisation and more encouraging gold and copper grades along 6.5km of skarns and new structures at its 90% owned Chanach gold-copper project in the Kyrgyz Republic.<\/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<p>The table with ID 0 not exists.<\/p>\n<p>\u00a0<\/p>\n<h2>TRADING HALTS<\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/intelicare-icr\/\"><strong>InteliCare (ASX:ICR)<\/strong><\/a> \u2013 pending an announcement to the market regarding a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/sarama-resources-srr\/\"><strong>Sarama Resources (ASX:SRR)<\/strong><\/a> ) \u2013\u00a0 pending the release of an announcement in relation to an equity raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/kaiser-reef-kau\/\"><strong>Kaiser Reef (ASX:KAU)<\/strong><\/a> \u2013 ending an announcement regarding a capital raising and board appointment.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/sensore-s3n\/\"><strong>SensOre (ASX:S3N)<\/strong><\/a> \u2013 pending an announcement regarding a placement.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/neuren-pharmaceuticals-neu\/\"><strong>Neuren Pharmaceuticals (ASX:NEU)<\/strong><\/a> \u2013\u00a0 pending an announcement in relation to the top line results of its Phase 2 clinical trial in Phelan-McDermid syndrome.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/traka-resources-tkl\/\"><strong>Traka Resources (ASX:TKL)<\/strong><\/a> \u2013 pending the release of an announcement relating to a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/arizona-lithium-azl\/\"><strong>Arizona Lithium (ASX:AZL)<\/strong><\/a> L) \u2013 pending an announcement regarding a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/tamboran-resources-tbn\/\"><strong>Tamboran Resources (ASX:TBN)<\/strong><\/a> \u2013 pending an announcement by the Company concerning a strategic partnership and a capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/superior-resources-spq\/\"><strong>Superior Resources (ASX:SPQ)<\/strong><\/a> \u2013 pending an announcement in relation to a proposed capital raising.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/alumina-awc\/\"><strong>Alumina (ASX:AWC)<\/strong><\/a> \u2013 pending an announcement from the Western Australian government in respect of mining approvals for Alcoa of Australia\u2019s (AofA) Western Australian operations.<\/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-348\/\">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 Friday 15 December \u2013 an important date on the actual calendar, as it was on this day in 1582 <a href=\"https:\/\/economicherald.net\/?p=3239\" 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-3239","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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