What’s Hot – EDE, PL9, MBG & AUA
What’s Not – LOT, EOS & IVR
What’s Hot
EDE – Eden Innovations Limited today closed up 32% to finish at 14.5c on $520k stock traded. There was no news out today but last week they released its quarterly report which highlighted that its third and largest order was placed from Holcim Ecuador for EdenCretePz7 valued at $514k.
PL9 – Prairie Limited today closed up 14% to finish at 0.8c on $100k stock traded. There was no news out today but on Wednesday they announced the commencement of installation of grid power infrastructure at its flagship Pad #1 Commercial Facility site located in Saskatchewan, Canada.
MBG – MB Gold Limited today closed up 18% to finish at 23.5c on $240k stock traded. The reason they were up today was because they listed after raising $9m @ 20c through Ventnor Securities.
MB Gold is a spin out of Global Lithium Resources (GL1.asx) and is focused on gold exploration in the highly prospective Marble Bar region of WA.
AUA – Audeara Limited today closed up 10% to finish at 10c on $240k stock traded. There was no news out today but last month they released its quarterly which highlighted a 274% increase in group revenue to $1.43m compared to the previous corresponding period (pcp).
What’s Not
LOT – Lotus Resources Limited today closed down 28% to finish at $2.08 on $22m stock traded. The reason they were down today was because they announced a placement to raise $76m @ $2.15 through Macquarie Capital, Canaccord Genuity, Barrenjoey Markets & Jett Capital Advisors.
EOS – Electro Optic Systems Holdings Limited today closed down 16% to finish at $6.03 on $26m stock traded. There was no news out today but not long after open they were placed in a trading halt after falling 15.9% on $25.5m stock traded.
IVR – Investigator Resources Limited today closed down 13% to finish at 10c on $4.2m stock traded. There was no news out today but on Tuesday they announced an amended definitive feasibility study (DFS) for its Paris Silver Project located in South Australia.
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
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