{"id":6804,"date":"2024-03-06T17:50:09","date_gmt":"2024-03-06T17:50:09","guid":{"rendered":"https:\/\/economicherald.net\/?p=6804"},"modified":"2024-03-06T17:50:09","modified_gmt":"2024-03-06T17:50:09","slug":"rise-and-shine-everything-you-need-to-know-before-the-asx-opens-88","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=6804","title":{"rendered":"Rise and Shine: Everything you need to know before the ASX opens"},"content":{"rendered":"<p>\u00a0<\/p>\n<p><a href=\"https:\/\/hi.switchy.io\/KwR1\"><\/a><\/p>\n<p>Good morning.<\/p>\n<p>On Stockhead today, <a href=\"https:\/\/stockhead.com.au\/resources\/which-asx-uranium-stocks-are-in-the-development-pipeline\/\" target=\"_blank\" rel=\"noopener\">all the ASX uranium players in the development pipeline<\/a>, who\u2019s <a href=\"https:\/\/stockhead.com.au\/health\/end-in-sight-as-opthea-looks-to-be-key-player-in-us10-billion-wet-amd-market\/\" target=\"_blank\" rel=\"noopener\">closing in on a fix for wet AMD<\/a>, and <a href=\"https:\/\/stockhead.com.au\/health\/weed-week-cannabis-can-kill-melanoma-and-germany-legalises-weed-possession\/\" target=\"_blank\" rel=\"noopener\">cannabis can kill cancer \u2013 fact. Maybe.<\/a><br \/>\n\u00a0<\/p>\n<h2>COMMODITY\/FOREX\/CRYPTO MARKET PRICES<\/h2>\n<p>Gold: US$2,114.17 (+1.48%)<\/p>\n<p>Silver: US$23.89 (+3.19%)<\/p>\n<p>Nickel (3mth): US$17,662\/t (-1.31%)<\/p>\n<p>Copper (3mth): US$8,503.50\/t (+0.12%)<\/p>\n<p>Oil (WTI): US$78.71 (-1.58%)<\/p>\n<p>Oil (Brent): US$82.83 (+0.11%)<\/p>\n<p>Iron 62pc Fe: US$124.86\/t (-0.86%)<\/p>\n<p>AUD\/USD: 0.6510 (-0.20%)<\/p>\n<p>Bitcoin: US$67,750 (+7.75%)<\/p>\n<p>\u00a0<\/p>\n<h2>WHAT GOT YOU TALKING<\/h2>\n<p>Lithium. But only while Bitcoin has a bit of a lie down:<\/p>\n<p>What\u2019s happening today with this and that, here and there, pertaining to the <a href=\"https:\/\/twitter.com\/hashtag\/lithium?src=hash&amp;ref_src=twsrc%5Etfw\">#lithium<\/a> market? Let\u2019s find out. <a href=\"https:\/\/t.co\/eV7fcgscIH\">https:\/\/t.co\/eV7fcgscIH<\/a><\/p>\n<p>\u2014 Stockhead (@StockheadAU) <a href=\"https:\/\/twitter.com\/StockheadAU\/status\/1765251419039305924?ref_src=twsrc%5Etfw\">March 6, 2024<\/a><\/p>\n\n<p>\u00a0<\/p>\n<h2>ASX SMALL CAP LEADERS<\/h2>\n<p>Monday\u2019s best performing 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 \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Code Name Price % Change Volume Market Cap NME Nex Metals Explorat 2.20 69.23 719,580 $4,582,923 SLZ Sultan Resources Ltd 2.30 64.29 4,250,180 $2,074,661 M4M Macro Metals Limited 0.45 50.00 117,486,556 $8,436,233 1AD Adalta Limited 3.20 28.00 64,473,613 $13,145,102 ASV Assetvisonco 1.40 27.27 676,590 $7,984,202 AT1 Atomo Diagnostics 3.40 25.93 44,741,154 $17,258,462 DXB Dimerix Ltd 27.50 25.00 9,201,144 $96,255,826 NVQ Noviqtech Limited 0.50 25.00 15,959,142 $5,237,781 TMX Terrain Minerals 0.50 25.00 790,000 $5,726,683 ARV Artemis Resources 1.80 20.00 5,080,535 $25,367,942 ADD Adavale Resource Ltd 0.60 20.00 100,000 $5,055,861 AL8 Alderan Resource Ltd 0.60 20.00 4,333,333 $5,534,307 MSG Mcs Services Limited 0.60 20.00 584,509 $990,498 OAU Ora Gold Limited 0.60 20.00 12,459,224 $28,700,004 UCM Uscom Limited 2.70 17.39 8,846 $5,625,515 AUZ Australian Mines Ltd 1.75 16.67 38,054,129 $19,597,666 ODY Odyssey Gold Ltd 2.10 16.67 797,367 $16,179,680 OPN Oppenneg 0.70 16.67 500,000 $6,775,078 RNX Renegade Exploration 0.70 16.67 1,896,028 $6,010,343 DEL Delorean Corporation 6.50 16.07 278,496 $12,080,371 PLT Plenti Group Limited 75.00 15.38 1,200,411 $113,507,930 IPT Impact Minerals 1.50 15.38 24,058,429 $37,241,151 TTM Titan Minerals 3.00 15.38 3,289,990 $44,092,003 CR1 Constellation Res 9.80 15.29 872,175 $4,241,961 ALA Arovella Therapeutic 15.50 14.81 2,564,747 $124,896,092 <!-- \/#supsystic-table-14287.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.32 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/atomo-diagnostics-at1\/\">Atomo Diagnostics (ASX:AT1)<\/a><span class=\"Apple-converted-space\">\u00a0 <\/span>rocketed by as much as 90% after announcing that it has secured a significant order for its HIV Self-Tests.<\/p>\n<p>Atomo said it secured purchase orders from US-based\u00a0Viatris Healthcare for approximately $970k worth of HIV Self-Tests, manufactured by Atomo under the Mylan brand, for supply to a number of Low- and Middle-Income Countries (LMICs).<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/adalta-1ad\/\">AdAlta (ASX:1AD)<\/a> announced key results from its Phase 1 extension study of lead asset AD-214, a drug for fibrotic diseases.<\/p>\n<p>AdAlta says the results have positively answered key partnering discussion questions to support progressing AD-214 to Phase II clinical studies in Idiopathic Pulmonary Fibrosis (IPF).<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/metalicity-mct\/\">Metalicity (ASX:MCT)<\/a> says drilling approvals at its 80% owned Yundamindra Gold Project (20% owned by JV partner <a href=\"https:\/\/stockhead.com.au\/company\/nex-metals-exploration-nme\/\">Nex Metals Exploration (ASX:NME)<\/a> have been lodged for the first drilling program in over a decade. MCT says following favourable Wardens Court decisions regarding the Yundamindra tenements the company has been undertaking extensive internal and external review of all historical data and activities at the highly prospective gold project.<\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/constellation-resources-cr1\/\">Constellation Resources (ASX:CR1)<\/a> announced that it has been conditionally accepted as the preferred applicant for six Special Prospecting Authorities with an Acreage Option (SPA-AO) applications over the Edmond-Collier and Yerrida Basin area. The application areas are considered to be prospective for helium and associated gases. The six SPA-AOs cover a total of 712 graticular blocks (56,192km2) over the Edmond-Collier and Yerrida Basins.<\/p>\n<p>And <a href=\"https:\/\/stockhead.com.au\/company\/magellan-financial-group-mfg\/\"><strong>Magellan Financial Group (ASX:MFG)<\/strong><\/a> rose after after reporting the funds under management (FUM) in February rose to $37.2bn from $36.3bn in January.<\/p>\n<p>\u00a0<\/p>\n<h2>ASX SMALL CAP LAGGARDS<\/h2>\n<p>Today\u2019s best performing 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 \">\n<div class=\"supsystic-tables-features\"><\/div>\n<p>Code Name Price % Change Volume  Market Cap CNJ Conico Ltd 0.20 -33.33 425,840 $4,710,285 ABE Ausbondexchange 1.10 -26.67 333,320 $1,690,022 1AG Alterra Limited 0.30 -25.00 104,426 $3,482,763 XST Xstate Resources 1.50 -25.00 959,550 $6,430,383 WHK Whitehawk Limited 3.70 -24.49 19,461,936 $16,565,465 EDE Eden Inv Ltd 0.20 -20.00 433,725 $9,195,678 ESR Estrella Res Ltd 0.40 -20.00 5,003,586 $8,796,859 ROG Red Sky Energy. 0.40 -20.00 828,556 $27,111,136 SEG Sports Ent Grp Ltd 19.00 -19.15 2,200 $62,215,872 GCM Green Critical Min 0.50 -16.67 2,066,940 $6,819,510 IBG Ironbark Zinc Ltd 0.50 -16.67 1,507,200 $9,563,236 INP Incentiapay Ltd 0.50 -16.67 70,175 $7,463,580 VAL Valor Resources Ltd 0.25 -16.67 18,909 $13,767,040 ICR Intelicare Holdings 1.60 -15.79 199,844 $4,461,665 MXC Mgc Pharmaceuticals 42.50 -15.00 75,602 $21,925,816 REY REY Resources Ltd 8.50 -15.00 900 $21,168,754 FRS Forrestaniaresources 1.80 -14.29 200,055 $3,397,501 HFY Hubify Ltd 1.20 -14.29 17,094 $6,945,908 T3D 333D Limited 0.60 -14.29 3,333 $836,115 TTI Traffic Technologies 0.60 -14.29 6,320 $5,303,691 LVH Livehire Limited 3.35 -14.10 86,714 $14,157,116 CTT Cettire 405.00 -13.09 13,811,191 $1,776,570,105 SRX Sierra Rutile 10.00 -13.04 121,857 $48,787,191 AKN Auking Mining Ltd 2.00 -13.04 2,548,279 $5,413,135 ASQ Australian Silica 4.00 -13.04 246,876 $12,965,577 <!-- \/#supsystic-table-14288.supsystic-table --><\/p>\n<div class=\"stbConditionsData\"><\/div>\n<\/div>\n<p><!-- \/.supsystic-tables-wrap --><!-- Tables Generator by Supsystic --><!-- Version:1.10.32 --><!-- http:\/\/supsystic.com\/ --><a title=\"Wordpress Table Plugin\" href=\"https:\/\/supsystic.com\/plugins\/wordpress-data-table-plugin\/?utm_medium=love_link\" target=\"_blank\" rel=\"noopener\">WordPress Table Plugin<\/a><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/dicker-data-ddr\/\">Dicker Data (ASX:DDR)<\/a> announced founder, chairman and CEO has David Dicker has sold down ~8.3 million shares\u00a0 representing ~10.2% of the company\u2019s issued capital due to a recent divorce settlement and restructuring of his portfolio. The sale was undertaken at a price of $10.90 per share by way of an underwritten block trade equating to ~$90.47 million.<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/cettire-ctt\/\">Cettire (ASX:CTT)<\/a> <\/strong>dropped -13% after a report by the AFR suggested the company was not paying duties to Australian customs.<\/p>\n<p>Cettire denied the allegations, telling the ASX:<\/p>\n<p>\u201cCettire believes that all applicable duties and other import charges are paid to the relevant authorities at the point of customs clearance. Goods are unable to clear customs unless the applicable duties are paid.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2>TRADING HALTS<\/h2>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/flynn-gold-fg1\/\"><strong>Flynn Gold (ASX:FG1)<\/strong><\/a>\u2013 Pending further announcement<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/belararox-brx\/\">Belararox (ASX:BRX)<\/a><\/strong> \u2013 Material cap raise<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/aurumin-aun\/\">Aurumin (ASX:AUN)<\/a><\/strong>\u2013 Cap raise<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/strike-resources-srk\/\">Strike Resources (ASX:SRK)<\/a><\/strong> \u2013 Potential disposal of the company\u2019s Paulsens East Iron Ore Project<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/si6-metals-si6\/\">Si6 Metals (ASX:SI6)<\/a><\/strong> \u2013 Cap raise<\/p>\n<p><strong><a href=\"https:\/\/stockhead.com.au\/company\/gold-mountain-gmn\/\">Gold Mountain (ASX:GMN)<\/a><\/strong> \u2013 Cap raise<\/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-371\/\">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>\u00a0 Good morning. On Stockhead today, all the ASX uranium players in the development pipeline, who\u2019s closing in on a fix for wet AMD, and <a href=\"https:\/\/economicherald.net\/?p=6804\" class=\"read-more-link\">[more&#8230;]<\/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-6804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rise 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=6804\" \/>\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=\"\u00a0 Good morning. 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