What’s Hot – ACS, SHO, CWY, PTR, WCN, OD6 & ASX
What’s Not – POD
What’s Hot
ACS – Accent Resources Limited today closed up yet another 163% to finish at 52.5c on $290k stock traded. There was no news out today but on Monday they announced an update on independent beneficiation test work completed over its 100% owned Magnetite Range Project located in WA.
SHO – SportsHero Limited today closed up 32% to finish at 5c on $500k stock traded. The reason they were up today was because they announced an agreement was entered with Razer to distribute gaming top-up vouchers and e-pins, spanning gaming, entertainment and lifestyle brands, through HeroPlay.
CWY – Cleanaway Waste Management Limited today closed up 15% to finish at $2.73 on $251m stock traded. The reason they were up today was because they announced a conditional, non-binding indicative proposal was received from EQT Infrastructure to be acquired for $3.13 in cash.
PTR – PTR Minerals Limited today closed up 14% to finish at 12c on $390k stock traded. There was no news out today but yesterday they announced the appointment of Colin Bwye as a non-executive director.
WCN – White Cliff Minerals Limited today closed up 13% to finish at 1.8c on $220k stock traded. The reason they were up today was because they announced assay results from its Rae Copper Project located in Nunavut, Canada.
OD6 – OD6 Metals Limited today closed up 12% to finish at 14.5c on $410k stock traded. There was no news out today but yesterday they announced ore sorting results from its ongoing metallurgical development program for the Quinn Fluorspar Project located in Nevada, USA.
ASX – ASX Limited today closed up 9% to finish at $60.52 on $285m stock traded. The reason they were up today was because they released its FY26 results which highlighted a 5.2% increase in underlying net profit after tax (NPAT) to $536.4m.
What’s Not
POD – Podium Minerals Limited today closed down 17% to finish at 3.4c on $450k stock traded. The reason they were down today was because they announced an underwritten share purchase plan to raise $4m @ 3.4c through Leewuin Wealth.
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).