What’s Hot: RGT, ILA, HMX, DCC, BOT, 14D & PVT
What’s Not: TOR
What’s Hot
RGT – Argent BioPharma Limited today closed up 106% to finish at 7.2c on $1.8m stock traded. The reason they were up today was because they announced a binding transaction framework was entered with Splash Beverage Group for the exclusive global licensing of CannEpil.
ILA – Island Pharmaceuticals Limited today closed up 27% to finish at 47.5c on $2.2m stock traded. The reason they were up today was because they announced Government approvals were secured for the use of Galidesivir as a treatment for Bundibugyo Ebola epidemic in Africa.
HMX – Hammer Metals Limited today closed up 21% to finish at 6.6c on $2m stock traded. The reason they were up today was because they announced the receipt of an unsolicited, non-binding and indicative proposal from Austral Resources Australia (AR1.asx) to be acquired by way of scheme of arrangement.
DCC – DigitalX Limited today closed up 17% to finish at 2.8c on $150k stock traded. The reason they were up today was because they announced an update on its operating performance, capital management initiatives and Bitcoin treasury following its first cashflow positive quarter.
BOT – Botanix Pharmaceuticals Limited today closed up 14% to finish at 2.5c on $1.5m stock traded. The reason they were up today was because they announced the European Patent Office has issued an intention to grant a patent covering proprietary applicator technology.
14D – 1414 Degrees Limited today closed up 11% to finish at 8c on $4.6m stock traded. There was no news out today but last week they announced continued progress in its SiNTL silicon nanoparticle anode program with George Washington University (GWU).
PVT – Pivotal Metals Limited today closed up 10% to finish at 1.3c on $180k stock traded. The reason they were up today was because they announced an updated mineral resource estimate (MRE) for its Horden Lake Cu-Ni-Au-PGM-Co Project located in Quebec, Canada.
What’s Not
TOR – Torque Metals Limited today closed down 12% to finish at 22c on $1m stock traded. The reason they were down today was because they announced an updated mineral resource estimate (MRE) for its 100%-owned Paris Gold Project located in WA.
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).