What’s Hot: T3D, SLM, PXX, TWE, AMN, MEI, GA8 & SP8
What’s Not: COH
What’s Hot
T3D – 333D Limited today closed up 79% to finish at 4.3c on $260k stock traded. The reason they were up today was because they released its quarterly report which highlighted positive operating cash flow and continued revenue momentum.
SLM – Solis Minerals Limited today closed up another 46% to finish at 7.9c on $7m stock traded. There was no news out today but yesterday they announced the acquisition of the Brazil Lithium Project from Rio Tinto (RT) located in Minas Gerais, Brazil.
PXX – PolarX Limited today closed up 17% to finish at 2.1c on $120k stock traded. There was no news out today but roughly a fortnight ago they announced assay results from its Caribou Dome Copper Project located in Alaska.
TWE – Treasury Wine Estates Limited today closed up 17% to finish at $4.72 on $119m stock traded. The reason they were up today was because they announced the transition to a new regional operating model as it progresses its global transformation program, TWE Ascent.
AMN – Agrimin Limited today closed up 16% to finish at 8.1c on $140k stock traded. The reason they were up today was because they announced a share sale and purchase agreement was signed to acquire Opis Resources.
MEI – Meteoric Resources Limited today closed up 12% to finish at 19c on $8.3m stock traded. The reason they were up today was because they announced a placement to raise $40m @ 17c through Canaccord Genuity & SCP Resource Finance.
GA8 – GoldArc Resources Limited today closed up 13% to finish at 7.9c on $340k stock traded. There was no news out today but yesterday they announced the completion of a drill program at its Leonora South Gold Project located in WA.
SP8 – Streamplay Studio Limited today closed up 10% to finish at 1.2c on $360k stock traded. There was no news out today but back in February they released its half yearly report which highlighted a 551% increase in revenue to $8.5m on H1 FY25.
What’s Not
COH – Cochlear Limited today closed down 41% to finish at $99.58 on $560m stock traded. The reason they were down today was because they announced an update on trading conditions and earnings guidance.
Rats Rant – IMPORTANT INFORMATION
The idea of this report is to be informative and hopefully point out some stocks that you wouldn’t ordinarily have seen during the day, maybe even have a laugh too. This report IS NOT personal advice. Sanlam Private Wealth Pty Ltd DOES NOT PROVIDE personal advice, Sanlam Private Wealth provides General Financial Product Advice. All advice included in The Rat’s Rant is General Advice. Please refer to the General Advice Warning. The views expressed in this report are my views and may not necessarily reflect the same views as Sanlam Private Wealth. It is very important to refer to the ASX website for information on any companies/stock that are contained in this report and as always please consult your financial adviser before acting.
Important Notice
Rat Consulting Pty Ltd (ABN 81 148 181 588 ) Authorised Representative (No 001281456) of Sanlam Private Wealth Ltd (ABN 18 136 960 775) holder of Australian Financial Services Licence (AFSL 337 927).