What’s Hot: LOT, WZR, FAL, WEB & NRX
What’s Not: DRO
What’s Hot
LOT – Lotus Resources Limited today closed up 26% to finish at 31.5c on $11m stock traded. There was no news out today but yesterday they announced the institutional component of the fully underwritten 1-for-1 pro rata accelerated non-renounceable entitlement offer has been completed raising $34.2m @ 22c.
WZR – Wisr Limited today closed up 22% to finish at 2.8c on $1m stock traded. The reason they were up today was because they released its quarterly results which highlighted its inaugural full-year cash profit.
FAL – Falcon Metals Limited today closed up 18% to finish at 46c on $670k stock traded. There was no news out today but yesterday they announced all regulatory approvals were received for a maiden drill program at Olsen Well within its Errabiddy Gold Project located in WA.
WEB – Web Travel Group Limited today closed up 17% to finish at $3.29 on $30m stock traded. The reason they were up today was because they announced 1H FY27 guidance and its intention to conduct an on-market share buy-back.
NRX – Noronex Limited today closed up 17% to finish at 1.4c on $69k stock traded. There was no news out today but roughly a fortnight ago they announced the acquisition of the high-grade Sleitat Tin Project located in Alaska.
What’s Not
DRO – DroneShield Limited today closed down 13% to finish at $1.805 on $83m stock traded. The reason they were down today was because they announced a trading update, product release and material contracts.
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).