{"id":9452,"date":"2024-05-10T00:34:08","date_gmt":"2024-05-10T00:34:08","guid":{"rendered":"https:\/\/economicherald.net\/?p=9452"},"modified":"2024-05-10T00:34:08","modified_gmt":"2024-05-10T00:34:08","slug":"top-10-at-10-a-5-5m-windfall-and-some-positive-guidance-for-once","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=9452","title":{"rendered":"Top 10 at 10: A $5.5m windfall and some positive guidance (for once)"},"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

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

Stocks highlighted in yellow made market-moving\u00a0announcements\u00a0(click\u00a0headings to sort).<\/em><\/p>\n

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Code Description Last % Volume MktCap ION Iondrive Limited 0.009 29% 643,290 $3,403,997 DXN DXN Limited 0.041 28% 227,776 $5,916,459 GAS State GAS Limited 0.15 25% 478,652 $32,907,215 PUR Pursuit Minerals 0.005 25% 152,016 $11,775,886 OSX Osteopore Limited 0.095 23% 2,945,118 $8,389,522 AXN Alliance Nickel Ltd 0.076 21% 4,779,970 $45,727,896 CRS Caprice Resources 0.036 20% 3,069,199 $6,702,608 MCT Metalicity Limited 0.003 20% 1,000,000 $11,212,737 POS Poseidon Nick Ltd 0.006 20% 1,050,118 $18,567,674 MXO Motio Ltd 0.02 18% 916,510 $4,559,372 <\/p>\n

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Project developer State Gas (ASX:GAS)<\/a> is awarded $5.5m from the Queensland Government\u2019s Frontier Gas Exploration grants program.<\/p>\n

The cash will be used to define gas resources and reserves at the Rolleston West coal seam gas (CSG) project.<\/p>\n

Advertising firm Motio (ASX:MXO)<\/a> says it remains on target for its financial year revenue goal of between $7.7m \u2013 $8.2m.<\/p>\n

This week has also been the largest forward media booking week since MXO\u2019s inception, \u201cproviding confidence as the company enters FY25\u201d.<\/p>\n

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

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

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Security Description Last % Volume MktCap RMX Red Mount Min Ltd 0.001 -33% 619,000 $4,010,364 SI6 SI6 Metals Limited 0.002 -33% 419,000 $7,106,578 EDE Eden Inv Ltd 0.0015 -25% 1,050,000 $7,356,542 ERL Empire Resources 0.003 -25% 1,178,618 $5,935,653 NRZ Neurizer Ltd 0.002 -20% 19,686,527 $4,132,948 BKG Booktopia Group 0.052 -17% 2,420 $14,376,921 LRL Labyrinth Resources 0.005 -17% 174 $7,125,262 HLX Helix Resources 0.003 -14% 18,301 $8,131,010 KOR Korab Resources 0.006 -14% 11,785 $2,569,350 RDS Redstone Resources 0.003 -14% 22,727 $3,238,825 <\/p>\n

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The post Top 10 at 10: A $5.5m windfall and some positive guidance (for once)<\/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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