What’s Hot:BDX, IVG, KRR, COD, MEM, LTP, ORP, AEU & PEC
What’s Not: MAY
What’s Hot
BDX – BCAL Diagnostics Limited today closed up 55% to finish at 9.3c on $2m stock traded. The reason they were up today was because they announced the development of BREASTEST Monitor, a new blood test for evaluating women for local recurrence of breast cancer following treatment.
IVG – InVert Graphite Limited today closed up 23% to finish at 4.3c on $390k stock traded. The reason they were up today was because they announced binding conditional agreements were signed to acquire all of the issued share capital of RapidGraphite.
KRR – King River Resources Limited today closed up 21% to finish at 4c on $290k stock traded. There was no news out today but yesterday they announced a high-resolution drone-borne aeromagnetic survey had been commissioned over its Mindoolah Gold Project located in WA.
COD – Coda Minerals Limited today closed up 21% to finish at 14.5c on $180k stock traded. There was no news out today but earlier this month they announced a placement which raised $6.7m @ 13c through Cumulus Wealth & Leeuwin Wealth.
MEM – Memphasys Limited today closed up 20% to finish at 0.6c on $169k stock traded. The reason they were up today was because they announced a 12-month exclusive national supply agreement was entered with Monash IVF Group Limited (MVF.asx) for its Felix System in Australia.
LTP – LTR Pharma Limited today closed up 20% to finish at 61c on $700k stock traded. There was no news out today but last week they announced a binding term sheet was executed with Strive Specialties Inc.
ORP – Orpheus Uranium Limited today closed up 19% to finish at 10c on $150k stock traded. There was no news out today but last week they announced a binding agreement was entered with Adavale Resources (ADD.asx) to acquire seven exploration licences within South Australia’s highly prospective Lake Eyre Basin.
AEU – Atomic Eagle Limited today closed up 13% to finish at 54c on $6m stock traded. The reason they were up today was because they referred to a media statement recently released by the Ministry of Mines from the Government of the Republic of Niger.
PEC – Perpetual Resources Limited today closed up 11% to finish at 2.1c on $160k stock traded. There was no news out today but yesterday they announced a definitive agreement was entered to acquire a 100% interest in the Nevada Scheelite Mine located in Nevada, USA.
What’s Not
MAY – Melbana Energy Limited today closed down 17% to finish at 0.5c on $200k stock traded. The reason they were down today was because they announced an operational update regarding its 30% owned Block 9 Production Sharing Contract (PSC) located onshore Cuba.
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).