Good Morning passengers. This is your captain speaking…

Today, on Stockhead Flight THU 2,

Pretty annoyed at the record breaking cash of Qantas?

Had a stomach full of flying the friendly skies? Ready to strangle your own children at the next delay, cancellation or price gouge?

Longing instead for some Slim Dusty and an open highway?

Well, it seems you’re not alone.

Our Nadine McGrath says there’s movement afoot and the Campervan lending platform Camplify Holdings (ASX:CHL) is right out front, having just sucked up first half revenue some 83% more than this time last year.

The Aussie airline anger is real, according to Deanie, and she’s found a golden sweet spot on the ASX already making good on it.

Excellent work. Grab a pen. Take a look.

But first, the day ahead.

 

TRADING HALTS

The following stocks went into trading halts Wednesday and are expected out in the coming days:

Cluey (ASX:CLU) – Capital raising.

Rhythm Biosciences (ASX:RHY) – Results from a Therapeutic Goods Administration submission.

Eneco Refresh (ASX:ERG) – Results from a fire at its Melbourne factory.

Matrix Composites & Engineering (ASX:MCE) – Capital raising.

Peregrine Gold (ASX:PGD) – Capital raising.

Pushpay (ASX:PPH) – Material announcement – possibly a double-denim move. Stay tuned.

Retail Food Group (ASX:RFG) – Announcement regarding material capital initiatives.

 

COMMODITY/FOREX/CRYPTO MARKET PRICES

Gold: $US1,829.60 (+0.64%)

Silver: $US20.97 (-1.7%)

Nickel (3mth): $US25,387/t (-3.95%)

Copper (3mth): $US8904.00/t (-2.28%)

Oil (WTI): $US77.30.  (+1.75%%)

Oil (Brent): $US83.89 (+1.8%)

Iron 62pc Fe: $US126.00/t (-2.7%)

AUD/USD: 0.6739 (+0.08%)

Bitcoin: $US23,322 (-0.18%)

 

WHAT GOT YOU TALKING?

Homegrown tech:

– Activeport deployed its software to 12 telecom customers in H1 FY23
– Titomic receives purchase order from Boeing Space, Intelligence, and Weapons Systems
– Aurora Labs gears up to launch its commercial laser powder bed fusion printer $ATV $TTT $A3D https://t.co/PM0YwM4n90

— Stockhead (@StockheadAU) March 1, 2023

 

Keep up to date with Stockhead coverage or you’ll miss gold like that EVERY DAY. Follow our Twitter page.

For all you crypto lovers Stockhead’s Coinhead Facebook group is the place to share your views, insights, tips and ideas.

Also, be sure to check in preopen each day for ‘Market highlights and 5 ASX small caps to watch’, and 10.30am for our daily ‘10 at 10’ column — a live summary of winners & losers at the opening bell.

 

WEDNESDAY’S ASX SMALL CAP LEADERS

Here are last week’s best performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

Rewardle (ASX:RXH) gained 22%. In the words of Stronach: There’s no particular reason for it, but today’s volume is about 28 times the four-week average, so something’s happening.

Mayne Pharma (ASX:MYX), found 20%. Most likely thanks to the Board’s decision to hang onto some capital for the “successful execution of our strategy [which] will see a return to profitability and restoration of value which is expected to drive future returns for our shareholders”. Done.

Minor iron ore miner CuFe (ASX:CUF) gained 19%.

Cygnus Gold (ASX:CY5) found 15.5% today, moving with the tide tugging at the various Canadian lithium plays and the market’s love affair with the battery metal sector.

 

WEDNESDAY’S ASX SMALL CAP LAGGARDS

Here are last week’s worst performing ASX small cap stocks:

Swipe or scroll to reveal full table. Click headings to sort:

 

The post Rise and Shine: Everything you need to know before the market opens appeared first on Stockhead.