\u00a0<\/p>\n
<\/a> Prior to this invention, steam engines would only produce energy that could be put to use in a straight line, which was hell for the people who were tasked with figuring out how much power each one could produce.<\/p>\n Getting the linear motion engines to run wasn\u2019t the problem \u2013 it was getting all the horses they needed to calculate the horsepower to jump up and down at the same time that was the issue.<\/p>\n But, luckily, our boy James had a solution for that, too \u2013 and when asked how powerful his new rotary engine was, he loudly exclaimed \u201c7,534 me\u2019s\u201d, before doing 20 brisk push-ups with his secretary sitting on his back and barely even breaking a sweat.<\/p>\n What a bright spark he was.<\/p>\n For your perusal on the site this morning, we have news from the World of Fine Wine<\/a>, Eddy telling you how to understand ex-divvies<\/a>, and a nice offset to that with a great piece on how to burn things in a green-friendly manner<\/a>.<\/p>\n And, as always there\u2019s words and numbers down below for you to scour now and then quote at your barista before the market opens later on this morning.<\/p>\n \u00a0<\/p>\n Gold: US$2,030.09 (+0.21%)<\/p>\n Silver: US$232.96 (+0.31%)<\/p>\n Nickel (3mth): US$16,503.50\/t (+2.03%)<\/p>\n Copper (3mth): US$8,456.35\/t (+0.39%)<\/p>\n Oil (WTI): US$78.14 (+0.13%)<\/p>\n Oil (Brent): US$83.25 (+0.11%)<\/p>\n Iron 62pc Fe: US$127.30\/t (-0.49%)<\/p>\n AUD\/USD: 0.6567 (-0.01%)<\/p>\n Bitcoin: US$51,601.70 (-0.48%)<\/p>\n \u00a0<\/p>\n Smiles all round in the world of lithium, apparently\u2026 especially if, like this guy, your teeth are made of lithium too.<\/p>\n \u00a0<\/p>\n Here\u2019s the #ASX<\/a> #lithium<\/a> form guide. https:\/\/t.co\/eTYXtaLhwY<\/a><\/p>\n \u2014 Stockhead (@StockheadAU) February 22, 2024<\/a><\/p>\n\n \u00a0<\/p>\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 Code Company Price % Volume Market Cap IEC Intra Energy Corp 0.003 50% 5,145,714 $3,381,563 TRI Trivarx Ltd 0.031 41% 5,079,485 $7,442,131 MSI Multistack International 0.007 40% 160,611 $681,520 SRZ Stellar Resources 0.009 29% 3,706,595 $8,043,185 EE1 Earths Energy Ltd 0.019 27% 15,356,821 $7,949,463 BRN Brainchip Ltd 0.43 26% 42,513,174 $613,976,993 PAA PharmAust Limited 0.3 25% 3,216,435 $92,756,771 ADG Adelong Gold Limited 0.005 25% 1,896,302 $2,798,623 CCO The Calmer Co Int 0.005 25% 1,563,328 $4,302,342 CTN Catalina Resources 0.005 25% 536,088 $4,953,948 PUR Pursuit Minerals 0.005 25% 301,743 $11,775,886 RMX Red Mount Min Ltd 0.0025 25% 3,962,000 $5,347,152 WML Woomera Mining Ltd 0.005 25% 1,298,114 $4,872,556 IIQ Inoviq Ltd 0.82 24% 847,739 $60,732,343 LBT LBT Innovations 0.016 23% 5,821,607 $16,390,609 FBR FBR Ltd 0.027 23% 11,417,948 $97,708,599 4DS 4Ds Memory Limited 0.12 22% 24,688,955 $172,757,822 RKT Rocketdna Ltd. 0.011 22% 31,473,908 $5,905,034 OEC Orbital Corp Limited 0.105 22% 671,424 $12,539,379 FOS FOS Capital Ltd 0.23 21% 137,690 $10,223,166 MAG Magmatic Resrce Ltd 0.03 20% 178,288 $7,642,320 88E 88 Energy Ltd 0.006 20% 118,431,568 $123,627,103 DOU Douugh Limited 0.006 20% 326,941 $5,410,345 FFF Forbidden Foods 0.012 20% 114,129 $2,018,605 <\/p>\n WordPress Table Plugin<\/a><\/p>\n \u00a0<\/p>\n It was all medtech talk here on the small end of the ASX on Thursday. First up we had a strong surge for PharmAust (ASX:PAA)<\/strong><\/a> which said it has engaged \u201cglobally renowned experts\u201d in MND\/ALS and rare neurodegenerative diseases to form a scientific advisory board (SAB) for the next stage of development of monepantel (MPL).<\/p>\n Monepantel is PAA\u2019s<\/a> lead candidate for the treatment of Motor Neurone Disease (MND)\/Amyotrophic Lateral Sclerosis (ALS) and pipeline expansion activities in additional neurodegenerative diseases.<\/p>\n Still doing well was the other local medtech LBT Innovations (ASX:LBT)<\/a> with the microbiology lab services and tech provider delivered its first homemade environmental monitoring tech (an APAS Independence instrument with APAS PharmaQC software) to a Thermo Fisher facility.<\/p>\n It\u2019s the maiden recognised sale of the technology, according to CEO & managing director Brent Barnes, who says the delivery is six months ahead of schedule and LBT is primed to cash in on \u201cthe positive market interest\u201d from pharmaceutical customers following initial market development activities completed 2H23.<\/p>\n Barnes says LBT has now established a \u201cpipeline of potential early adopters\u201d who\u2019ve shown interest in the LBT tech which aims \u201cto provide efficiencies and improve traceability within environmental monitoring workflows.\u201d<\/p>\n Meanwhile, \u00a0Way2VAT (ASX:W2V)<\/a>, was still sticking it to the man, up double digits again.<\/p>\n That\u2019s made for a good five days on the bourse, since the riches began pouring in after last Friday\u2019s launch of a new AI-driven automatic auditing system.<\/p>\n Other early movers with news out included 88 Energy (ASX:88E)<\/a> which said its 20% working interest has been successfully transferred to the company as part of stage one of a three-stage farm-in deal for its Namibian petroleum exploration licence.<\/p>\n As well as Insignia Financial (ASX:IFL)<\/a> which dropped a 1H statutory (NPAT) loss of $49.9m, which IFL says is down to strategic initiatives and remediation costs. But shareholders who came for the earnings, stayed for the upgraded outlook.<\/p>\n The wealth manager said in its ASX announcement <\/a>that FY24 group net revenue margin is expected to be between 45.5-46 bps (previously 44.8-45.8 bps) while EBITA margin has increased as well, while in-year transformation costs and benefits remain on track.<\/p>\n \u00a0<\/p>\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 Code Company Price % Volume Market Cap AOA Ausmon Resorces 0.002 -33% 696,242.00 $3,176,998 GES Genesis Resources 0.004 -33% 164,207.00 $4,697,048 SYA Sayona Mining Ltd 0.046 -28% 367,922,628.00 $658,770,945 EXL Elixinol Wellness 0.006 -25% 3,661,613.00 $5,062,973 E33 East 33 Limited 0.018 -22% 289,600.00 $12,353,040 ICU Investor Centre Ltd 0.022 -21% 2,147,121.00 $8,489,545 MAF MA Financial Group 4.47 -20% 5,295,602.00 $1,002,224,778 LVE Love Group Global 0.1 -20% 41,666.00 $5,066,771 KGD Kula Gold Limited 0.008 -20% 1,909,730.00 $4,232,119 NES Nelson Resources 0.004 -20% 1,000,000.00 $3,067,972 SIT Site Group Int Ltd 0.002 -20% 186,525.00 $6,506,226 TMK TMK Energy Limited 0.004 -20% 443,787.00 $30,612,897 IXU Ixup Limited 0.028 -18% 71,904.00 $36,976,210 ADD Adavale Resource Ltd 0.005 -17% 11,661,500.00 $6,067,033 ASR Asra Minerals Ltd 0.005 -17% 640,409.00 $9,918,974 AYT Austin Metals Ltd 0.005 -17% 288,500.00 $7,711,148 BNL Blue Star Helium Ltd 0.01 -17% 7,818,142.00 $23,307,183 TML Timah Resources Ltd 0.042 -16% 2,917.00 $4,437,988 HPC The Hydration Company 0.016 -16% 371,956.00 $5,037,694 TRS The Reject Shop 4.54 -16% 106,476.00 $206,489,333 MTC Metalstech Ltd 0.165 -15% 1,014,184.00 $36,846,145 OCT Octava Minerals 0.05 -15% 185,000.00 $2,643,938 SRT Strata Investment 0.145 -15% 49,229.00 $28,802,008 AVE Avecho Biotech Ltd 0.003 -14% 862,645.00 $11,092,540 MIO Macarthur Minerals 0.12 -14% 18,712.00 $23,275,488 <\/p>\n WordPress Table Plugin<\/a><\/p>\n \u00a0<\/p>\n Hillgrove Resources (ASX:HGO)<\/a> \u2013 pending the announcement by Hillgrove of the outcome of a proposed capital raising.<\/p>\n Lifestyle Communities (ASX:LIC)<\/a> \u2013 pending an announcement in connection with a fully underwritten pro rata accelerated non-renounceable entitlement offer.<\/p>\n Alterity Therapeutics (ASX:ATH)<\/a> \u2013 pending an announcement in relation to a capital raise.<\/p>\n Australian Mines (ASX:AUZ)<\/a> \u2013 pending the release of an announcement concerning a capital raising.<\/p>\n Inoviq (ASX:IIQ)<\/a> \u2013\u00a0 pending an announcement in relation to the results of its Breast Cancer Monitoring Study.<\/p>\n Island Pharmaceuticals (ASX:ILA)<\/a> \u2013 pending an announcement to ASX regarding a capital raising.<\/p>\n Western Yilgarn (ASX:WYX)<\/a> \u2013 pending an announcement in connection with a proposed capital raising.<\/p>\n Siren Gold (ASX:SNG)<\/a> \u2013 pending an announcement in connection with a proposed capital raising.<\/p>\n Minbos Resources (ASX:MNB)<\/a> \u2013 pending the release of an announcement in relation to a capital raising.<\/p>\n HeraMED (ASX:HMD)<\/a> \u2013 pending an announcement to the market regarding a material new contract.<\/p>\n FirstWave Cloud Tech (ASX:FCT)<\/a> \u2013 pending an announcement of a proposed material financing transaction that is under the final stages of review.<\/p>\n \u00a0<\/p>\n <\/span><\/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":"
\nGood morning everyone, and welcome to 23 February, 2024 \u2013\u00a0an important day in the world of Big Business, as it was on this day in 1782 that perenially grumpy Scotsman James Watt lodged the patent for his rotary-motion steam engine, and kick-started the industrial revolution that would end with a dead planet and billions of people killed.<\/p>\nCOMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n
WHAT GOT YOU TALKING<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LEADERS<\/h2>\n
Yesterday\u2019s Small Cap Winners included:<\/h2>\n
YESTERDAY\u2019S ASX SMALL CAP LAGGARDS<\/h2>\n
TRADING HALTS<\/h2>\n