{"id":4237,"date":"2024-01-10T23:52:06","date_gmt":"2024-01-10T23:52:06","guid":{"rendered":"https:\/\/economicherald.net\/?p=4237"},"modified":"2024-01-10T23:52:06","modified_gmt":"2024-01-10T23:52:06","slug":"top-10-at-10-fatty-coal-and-a-healthy-software-deal","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=4237","title":{"rendered":"Top 10 at 10: Fatty coal and a healthy software deal"},"content":{"rendered":"

Stockhead\u2019s 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.<\/p>\n

It\u2019s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms.<\/p>\n

The market opens at 10am (eastern time) and the data is taken at 10:15am, once every\u00a0ASX\u00a0stock has started trading.<\/p>\n

\u00a0<\/p>\n

WINNERS<\/strong><\/h2>\n

Stocks highlighted in yellow have made market-moving announcements\u00a0(click\u00a0headings to sort).<\/em><\/strong><\/p>\n

<\/div>\n
Code Company Price % Volume Market Cap EDE Eden Inv Ltd 0.0025 25% 1,541,461 $7,334,027 AKM Aspire Mining Ltd 0.18 24% 413,164 $73,607,363 SHG Singular Health 0.048 23% 480,050 $5,511,100 TAS Tasman Resources Ltd 0.006 20% 10,028 $3,563,346 TMR Tempus Resources Ltd 0.006 20% 600,000 $1,999,884 EEL Enrg Elements Ltd 0.007 17% 388,747 $6,059,790 NET Netlinkz Limited 0.007 17% 948,710 $23,032,885 RMX Red Mount Min Ltd 0.0035 17% 886,583 $8,020,728 VAL Valor Resources Ltd 0.0035 17% 757,488 $12,520,004 MXR Maximus Resources 0.043 16% 2,867,887 $11,862,413 <\/div>\n

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

Coal from Aspire Mining\u2019s (ASX:AKM)<\/a> Ovoot project in Mongolia has been designated super high quality, or \u201cfat\u201d, making it ideal for coke making.<\/p>\n

Coke is used in the smelting of iron ore.<\/p>\n

\u201cWe are very excited by this confirmation which places our coal into the \u2018fat coal\u2019 market, which will attract a hard coking coal premium,\u201d AKM Sam Bowles says.<\/p>\n

\u201cIn recognition of the distinctly unique qualities of this coal, the company will be branding the coal produced from the OCCP as Toson Coal.<\/p>\n

\u201cIn Mongolian, \u2018Toson\u2019 is an adjective meaning \u2018fat\u2019 or \u2018fatty\u2019.\u201d<\/p>\n

Singular Health (ASX:SHG)<\/a> has received its first a binding enterprise license order for 5,000 annual licenses of the 3Dicom Patient software in the US.<\/p>\n

Details of the enterprise sale are \u201ccommercial-in-confidence\u201d, but SHG says revenue generated from this order \u201cexceeds the total direct-to-consumer sales of the 3Dicom software in 2023 of ~A$50,000 by more than 40%\u201d.<\/p>\n

So\u2026 $70,000?<\/p>\n

\u00a0<\/p>\n

LOSERS<\/strong><\/h2>\n

Stocks highlighted in yellow have made market-moving announcements\u00a0(click headings to sort).<\/strong><\/em><\/p>\n

<\/div>\n
Code Company Price % Volume Market Cap CAQ CAQ Holdings Ltd 0.007 -30% 5,000 $7,177,863 HXG Hexagon Energy 0.01 -17% 10,000 $6,154,991 NWM Norwest Minerals 0.027 -16% 1,065,112 $9,202,224 CPO Culpeominerals 0.11 -15% 2,577,143 $15,153,107 RML Resolution Minerals 0.003 -14% 45,000 $4,409,989 STM Sunstone Metals Ltd 0.012 -14% 1,112,368 $48,828,288 MCM Mc Mining Ltd 0.13 -13% 488 $61,183,612 SRZ Stellar Resources 0.007 -13% 7,291,628 $9,192,212 RR1 Reach Resources Ltd 0.004 -11% 113,000 $14,446,337 IPB IPB Petroleum Ltd 0.009 -10% 970,000 $5,651,224 <\/div>\n

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

Norwest (ASX:NWM)<\/a> hit narrow oxide copper in drilling at the Bali project, including a highlight 3m @ 6.2% Cu from 13m.<\/p>\n

<\/span><\/p>\n

The post Top 10 at 10: Fatty coal and a healthy software deal<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Stockhead\u2019s 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. 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