What’s Hot: HMG, EQR, ECS, CEH, BST & EDE
What’s Not:AXQ
What’s Hot
HMG – Hamelin Gold Limited today closed up 45% to finish at 14.5c on $370k stock traded. The reason they were up today was because they announced assay results from its Day Dawn Gold Project located in the Paterson Province of WA.
EQR – EQ Resources Limited today closed up 34% to finish at 29.5c on $25m stock traded. The reason they were up today was because they announced Wonongarra, an investment vehicle wholly owned by Dr Andrew Forrest AO, has agreed to acquire the entire ownership stake owned by Oaktree Capital Management.
ECS – ECS Botanics Holdings Limited today closed up 20% to finish at 0.6c on $100k stock traded. The reason they were up today was because they released its quarterly report which highlighted its fourth consecutive quarter of positive operating cash flow.
CEH – Coast Entertainment Holdings Limited today closed up 15% to finish at 53c on $3.8m stock traded. The reason they were up today was because they announced the QLD Government has approved the development application for its 55-hectare Coomera landholding.
BST – Boresight Limited today closed up 13% to finish at 39c on $550k stock traded. The reason they were up today was because they announced the signing of a lease for a new US manufacturing facility in Huntsville, Alabama.
EDE – Eden Innovations Limited today closed up 10% to finish at 11.5c on $190k stock traded. There was no news out today but last month they announced encouraging trial results for its EdenCrete products.
What’s Not
AXQ – Aura Consolidated Group Limited today closed down 23% to finish at $3.63 on $2.2m stock traded. There was no news out today but roughly a fortnight ago they listed after raising $145.1m @ $6.93.
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).