What’s Hot – SDI, BSA, CTN, RCR, VKA, MNB, MKR, SMS & BTM
What’s Not – 3DP
What’s Hot
SDI – SDI Limited today closed up 45% to finish at $1.285 on $1.8m stock traded. The reason they were up today was because back on Friday after market they announced a scheme implementation deed (SID) was entered with Beijing Guoci Kebo Technology to be acquired for $1.40 in cash.
BSA – BSA Limited today closed up 42% to finish at 47.5c on $1m stock traded. The reason they were up today was because they announced the appointment of Mr David Geraghty as Non-Executive Chairman.
CTN – Catalina Resources Limited today closed up 40% to finish at 10.5c on $4m stock traded. The reason they were up today was because they announced assay results from its Yerilgee Project located in WA.
RCR – Rincon Resources Limited today closed up 31% to finish at 2.1c on $340k stock traded. The reason they were up today was because they announced a placement to raise $3.1m @ 1.5c through Yelverton Capital.
VKA – Viking Mines Limited today closed up another 21% to finish at 2.3c on $2.8m stock traded. There was no news out today but last Tuesday they announced an exploration update for its Linka Project located in Nevada, USA.
MNB – Minbos Resources Limited today closed up 20% to finish at 2.4c on $650k stock traded. The reason they were up today was because they announced a US$16m debt facility was signed with the Industrial Development Corporation of South Africa Ltd (IDC).
MKR – Manuka Resources Limited today closed up 19% to finish at 16c on $3.2m stock traded. The reason they were up today was because they announced it has entered into definitive loan documentation for a US$30m senior secured term facility with Nebari Natural Resources Credit Fund.
SMS – Star Minerals Limited today closed up 11% to finish at 7c on $230k stock traded. There was no news out today but last week they announced a mining update for its Tumblegum South Gold Project located in WA.
BTM – Breakthrough Minerals Limited today closed up 10% to finish at 25c on $300k stock traded. There was no news out today but last month they announced an exploration update for its Hazel Creek Copper-Gold Project (HCCGP) within the North QLD Copper-Gold Project (QCGP) located near Mt Isa, QLD.
What’s Not
3DP – Pointerra Limited today closed down 25% to finish at 3.6c on $430k stock traded. The reason they were down today was because on Friday after market they released its half yearly report which revealed a 51% fall in revenue to $3.42m on the previous corresponding period (pcp).
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).