Rise and Shine: everything you need to know before the market opens

On butt today, PLS boss Ken Brinsden thinks the lithium boom has a lot more boom to it, Do high-growth stocks get a bad rap?and eight eight! – IPOs coming to the ASX this week.

But first… the day ahead.

No big economic data will be used, but the week starts with retail trade data from the Australian Bureau of Statistics.

The data has already shown that retail increased by 1.8% in February; today’s data will provide more insight into where the money is being spent, says CommSec.

Two important forward-looking indicators will also be released on Monday: jobs (ANZ) and consumer prices (Melbourne Institute).

Here it is the full rundown of what else to expect in this week’s data.

WHO IS LISTING?

TOP END ENERGY (ASX:TEE)

IPO: $6.4 million and $0.20

Listed: 1pm AEST

This oil, gas and helium explorer has projects in Queensland and the Northern Territory. His flagship is the 4,185 sq km ‘Tri-Star’ project in Central QLD, where there is potential for a CSG field based on some drilling done in 1988.

In the Northern Territory, the company will have a 50% interest in 30 hydrocarbon exploration permit applications totaling ~160,000 km2.

TEE is also interested in acquiring renewable energy projects, including green hydrogen, conventional renewable energy generation (wind, solar), and carbon capture and storage.

To read more about who’s who on the waiting list take a look at our latest IPO Wrap.

TRADE INTERRUPTIONS

The following companies are suspended from trading and are expected to depart in the coming days:

BPM Minerals (ASX:BPM) – capital growth

Cannindah Resources (ASX: CAE) – capital growth

Tennant Minerals (ASX:TMS) – capital growth

Zenith Minerals (ASX:ZNC) – material results of lithium drilling from the Split Rocks project

Buxton Resources (ASX:BUX) – capital growth

Sovereign Metals (ASX:SVM) – Updated mineral resource estimate and satisfaction

LawFinance (ASX:LAW) – capital growth

Right of Payment (ASX:PYR) – capital growth

RPM Automotive Group (ASX: RPM) – two acquisitions

Domain (ASX:DHG) – acquisition, capital raising

Oz Growth (ASX:OZG) – alleged breach of the scheme implementation agreement

Berkeley Energy (ASX:BKY) – dispute resolution

WestOz Investment Company (ASX:WIC) – alleged breach of the scheme implementation agreement

MARKETS (updated at 8am AEDT)

Gold: $US1,924.57 (-0.65%)

Silver: $US24.61 (-0.64%)

Oil (WTI): $US99.27 (-1.01%)

Oil (Brent): $US104 (-0.03%)

Aust coking coal (steel industry): $599.30/t (-1.3%)

Newcastle coal (thermal): $325.00/t (0.00%)

Iron 62pc Fe: $US154 (+0.65%)

AUD/USD: $US0.74 (-0.06%)

bitcoin: $US45,830 (-0.72%)

WHAT DID YOU TALK ABOUT AT THE WEEKEND?

Benchmark Mineral Intelligence boss Simon Moores says automakers need to really get involved in mining if they want to build electric vehicles at scale.

To keep up to date with Stockhead coverage, follow our twitter page or join our members-only Facebook group here.

For all lovers of cryptocurrencies Stockhead Coinhead Facebook Group is the place to share your insights, insights, advice and ideas.

Also, be sure to check in at 10:20am every day to watch our daily ’10 at 10′ column – a live recap of the winners and losers as the opening bell rings.

LAST WEEK’S BIGGEST SMALL-CAP WINNERS

Here are the best performing ASX small cap stocks from March 28 to April 1 [intraday]:

Slide or scroll to reveal the full table. Click on the headings to order:

On Monday, Mineral Tempest (ASX: TEM) rose after making a major discovery of copper on his first hole in ‘Orion’part of the ‘Meleya’ flagship project in WA.

On Tuesday, just listed Metal Reload (ASX:REC) hit 300m of copper mineralization in drilling at the flagship project ‘Brandy Hill South’, also in WA.

He gained 238% on the day.

On Wednesday, Culpeo Minerals (ASX:CPO) hit the mother lode of copper in its first drill hole at the historic ‘Lana Corina’ project in Chile.

Three companies potentially making discoveries in three days. Unheard.

LAST WEEK’S BIGGEST SMALL-CAP LOSERS

Here are the worst-performing ASX small-cap stocks from March 28 to April 1 [intraday]:

Slide or scroll to reveal the full table. Click on the headings to order:

a bad week for Seafarms Group (ASX:SFG) and his ambitious Project Sea Dragon (PSD), a crazy tiger prawn farming project in the far north of Australia.

Unfortunately, Project Sea Dragon has been dragging its tail pretty badly. In fact, it looks like there will be a delay of around three years after a review found that the project, as it stands, represents an “unacceptable risk”, and will need to be scrapped entirely and restarted from its current form.

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