What’s Hot: BST, VHL, X2M, PEC, LTP & OD6
What’s Not: ENN, KSN & LRV
BST – Boresight Limited today closed up another 70% to finish at 54.5c on $6.5m stock traded. There was no news out today but yesterday they listed after raising $8m @ 20c through CPS Capital.
VHL – Vitasora Health Limited today closed up 30% to finish at 1.3c on $340k stock traded. The reason they were up today was because they announced a placement to raise $4m @ 1c.
X2M – X2M Connect Limited today closed up 25% to finish at 0.5c on $560k stock traded. The reason they were up today was because they announced a strategic partnership was entered with Resi Ventures to support the development of a network of regional data centres across Australia.
PEC – Perpetual Resources Limited today closed up 19% to finish at 1.9c on $130k stock traded. There was no news out today but late last month they announced metallurgical test work results from its Beharra Silica Sand Project located in WA.
LTP – LTR Pharma Limited today closed up 18% to finish at 50c on $1.2m stock traded. The reason they were up today was because they announced a binding term sheet was executed with Strive Specialties Inc.
OD6 – OD6 Metals Limited today closed up 15% to finish at 11.5c on $120k stock traded. There was no news out today but on Tuesday they announced the successful completion of technical, legal and strategic due diligence to acquire the Quinn Fluorspar Project in Nevada, USA.
What’s Not
ENN – Elanor Investors Group Limited today closed down 95% to finish at 4.2c on $2.3m stock traded. The reason they were down today was because they reinstated after being suspended since August 2024.
KSN – Kingston Resources Limited today closed down 54% to finish at 4c on $1m stock traded. The reason they were down today was because they announced an update on the mining operations at its Mineral Hill Project located in NSW.
LRV – Larvotto Resources Limited today closed down 16% to finish at $1.12 on $7.7m stock traded. The reason they were down today was because they announced a binding scheme implementation deed (SID) was entered to acquire Hammer Metals (HMX.asx) in scrip.
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).